Gyroscopic Investing

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!

Smith1776 wrote: ↑Fri Feb 18, 2022 2:48 amI will wear it and pass it down to my future children as our family fortune grows!

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?

Xan wrote: ↑Fri Feb 18, 2022 8:56 am

Smith1776 wrote: ↑Fri Feb 18, 2022 2:48 amI will wear it and pass it down to my future children as our family fortune grows!

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.

Seems like you and your Dad were close.
Maybe you have a pipe that he smoked or something. Or a wristwatch.

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!

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.

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!

My left hand is out of control now. Gold and silver rings and then my watch along with my late father's watch.

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)

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???

I can’t wait for the pendant to arrrriiiiive!!!

How much was the price over spot?

whatchamacallit wrote: ↑Sat Feb 19, 2022 9:27 pm How much was the price over spot?

Optimistically? 200%??

Still not heeeerrreee yet.