More than likely, you have money hidden all over your house. Not crammed in the mattress like Grandma's cash, or stuffed in coffee cans atop the kitchen cabinets the way crazy Uncle Jack did. No, those stray greenbacks are loafing in your armoire, jewelry cabinet, or nightstand, or maybe even in the kitchen junk drawer. Maybe money from your side hustles are all hidden away so that you don't notice them.
The AWOL money you have is in the form of jewelry. In recent years, precious metals are commanding astounding prices all around the country, and you can bring in good money when you sell gold in Oklahoma City.
That means you could be sitting on an impressive amount of cash that's currently languishing in the deep dark places of your home. The necklace you broke at the amusement park? Cash on a chain. The ring that lost its stone when you crushed it moving into your new house? A little twisted wad of money.
If you make the effort to find gold buyers in Oklahoma City, you can quickly get a very tidy sum for the jewelry that can't be worn and is in no condition to be passed through the generations.
Here are a few reasons to unload damaged and unwanted precious metals.
Markets Are Finicky
The attraction of precious metals to investors is that they hold value even when other investments are losing value or just kind of slumping. When the overall economy takes a turn for the worse, stockholders jump out of Wall Street and into precious metals.
That's where we stand today, but what curve ball is ahead tomorrow? A few little bursts of positive news could send stocks soaring, and before that it's likely that traders will try to buy up cheap stocks in anticipation of such a surge.
Their spending spree will come at the cost of values for precious metals. So the scuffed-up cufflinks you've toted through three places of residence will undergo a precipitous loss of value in a very short time. Start digging that stuff out and cashing in before your potential payout dwindles.
Things Get Lost, Things Get Stolen
Except for the flashiest and wealthiest out there, most people wear jewelry that is compact and lightweight. As a result, it's easy to lose items during moving, renovation, or replacement of furniture.
And most of us have a stranger or two in the home for repairs or other services. They may seem reputable, but their gaze can often wander to your valuables. If you are building even a small stockpile of gold, platinum or silver, the risk is very real that a burglar will find you before you get around to selling it.
Everyone is Doing It!
There was a time when most sales of gold by private owners were done out of desperation. Now it's all about being smart. You're holding an asset of no sentimental value but significant cash value, and you're locking in that value for a more secure and durable purpose.
Remember that uptick of the stock market that's lurking? Liquidating the broken and damaged jewelry you no longer want can provide the funds you need to position yourself for a big dose of dividends and returns. You are well served to join the crowds that are already cashing in their precious metals. So you won't be seen as the poor soul struggling to keep the boat afloat. You'll be one of the many investing in the boat company!
If you're thinking of taking time to get cash for gold in Oklahoma City, don't wait any longer. Markets are strong, your items are still intact and in your possession, and other opportunities await for the cash you'll bring in.
Subscribe to get the free Master Your Money course!
Join the free email course and finally learn how to manage your money better, pay off debt, save more money, and reach financial freedom. Get our newsletter and get access to the freebie: