Starting a Family Heirloom

Discussion of the Gold portion of the Permanent Portfolio

Moderator: Global Moderator

Post Reply
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Starting a Family Heirloom

Post by Smith1776 » Fri Feb 18, 2022 2:48 am

With my dad gone I've decided to start a family heirloom. To preface this, my father was quite taken with the idea of growing our family wealth through time, even inter-generationally.

https://mejuri.com/shop/products/engravable-pendant

I've just purchased the above pendant with the letter "e" engraved on it. The circular shape of the pendant is to represent family. (It also helps that the circle is a rather sacred shape in mathematics and geometry.) The "e" engraved represents euler's number, which is the base of the natural logarithm. It's a number that naturally arises out of the study of compound interest. This is obviously relevant to a family heirloom that is to represent our wealth.

It's 14K gold and looks rather gorgeous.

I will wear it and pass it down to my future children as our family fortune grows! O0
πŸ›ž The All-Terrain Portfolio πŸ›ž
User avatar
Xan
Administrator
Administrator
Posts: 4392
Joined: Tue Mar 13, 2012 1:51 pm

Re: Starting a Family Heirloom

Post by Xan » Fri Feb 18, 2022 8:56 am

Smith1776 wrote: ↑
Fri Feb 18, 2022 2:48 am
I will wear it and pass it down to my future children as our family fortune grows! O0
Your use of the plural has highlighted a major issue with your particular plan as well as intergenerational wealth in general. How will you pass this item to more than one person?
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: Starting a Family Heirloom

Post by Smith1776 » Fri Feb 18, 2022 9:14 am

Xan wrote: ↑
Fri Feb 18, 2022 8:56 am
Smith1776 wrote: ↑
Fri Feb 18, 2022 2:48 am
I will wear it and pass it down to my future children as our family fortune grows! O0
Your use of the plural has highlighted a major issue with your particular plan as well as intergenerational wealth in general. How will you pass this item to more than one person?
By correcting my use of children to child. πŸ˜†πŸ˜†πŸ˜†
πŸ›ž The All-Terrain Portfolio πŸ›ž
User avatar
dualstow
Executive Member
Executive Member
Posts: 14231
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Starting a Family Heirloom

Post by dualstow » Fri Feb 18, 2022 2:34 pm

Seems like you and your Dad were close.
Maybe you have a pipe that he smoked or something. Or a wristwatch.
Sam Bankman-Fried sentenced to 25 years
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: Starting a Family Heirloom

Post by Smith1776 » Fri Feb 18, 2022 3:06 pm

dualstow wrote: ↑
Fri Feb 18, 2022 2:34 pm
Seems like you and your Dad were close.
Maybe you have a pipe that he smoked or something. Or a wristwatch.
His wristwatch (which I haven't been able to figure out how to work properly) is on my wrist as we speak! 8)
πŸ›ž The All-Terrain Portfolio πŸ›ž
User avatar
dualstow
Executive Member
Executive Member
Posts: 14231
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Starting a Family Heirloom

Post by dualstow » Fri Feb 18, 2022 4:41 pm

ha! You might be able to find a manual online. That’s what I did with a watch that i thought was my late father-in-law’s but turned out to be my ex-wife’s.
Sam Bankman-Fried sentenced to 25 years
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: Starting a Family Heirloom

Post by Smith1776 » Fri Feb 18, 2022 4:51 pm

dualstow wrote: ↑
Fri Feb 18, 2022 4:41 pm
ha! You might be able to find a manual online. That’s what I did with a watch that i thought was my late father-in-law’s but turned out to be my ex-wife’s.
Ha!
IMG_5745.jpeg
IMG_5745.jpeg (677.21 KiB) Viewed 2799 times

My left hand is out of control now. Gold and silver rings and then my watch along with my late father's watch.
πŸ›ž The All-Terrain Portfolio πŸ›ž
User avatar
dualstow
Executive Member
Executive Member
Posts: 14231
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Starting a Family Heirloom

Post by dualstow » Fri Feb 18, 2022 8:02 pm

Cool. Look on the back for a model number.
EDIT: Never mind, here you go - https://www.manuals.ca/casio/ae-1000w-3av/manual
(3198)
Sam Bankman-Fried sentenced to 25 years
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: Starting a Family Heirloom

Post by Smith1776 » Sat Feb 19, 2022 3:37 pm

dualstow wrote: ↑
Fri Feb 18, 2022 8:02 pm
Cool. Look on the back for a model number.
EDIT: Never mind, here you go - https://www.manuals.ca/casio/ae-1000w-3av/manual
(3198)
How the heck did you do that??? :o
πŸ›ž The All-Terrain Portfolio πŸ›ž
User avatar
dualstow
Executive Member
Executive Member
Posts: 14231
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Starting a Family Heirloom

Post by dualstow » Sat Feb 19, 2022 3:42 pm

O0
Sam Bankman-Fried sentenced to 25 years
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: Starting a Family Heirloom

Post by Smith1776 » Sat Feb 19, 2022 6:12 pm

I can’t wait for the pendant to arrrriiiiive!!!
πŸ›ž The All-Terrain Portfolio πŸ›ž
whatchamacallit
Executive Member
Executive Member
Posts: 750
Joined: Mon Oct 01, 2012 7:32 pm

Re: Starting a Family Heirloom

Post by whatchamacallit » Sat Feb 19, 2022 9:27 pm

How much was the price over spot?
>:D
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: Starting a Family Heirloom

Post by Smith1776 » Sat Feb 19, 2022 11:52 pm

whatchamacallit wrote: ↑
Sat Feb 19, 2022 9:27 pm
How much was the price over spot?
>:D
Optimistically? 200%?? πŸ˜†πŸ˜†πŸ˜†
πŸ›ž The All-Terrain Portfolio πŸ›ž
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: Starting a Family Heirloom

Post by Smith1776 » Mon Feb 21, 2022 1:07 pm

Still not heeeerrreee yet. :P :P :P :P
πŸ›ž The All-Terrain Portfolio πŸ›ž
Post Reply