How To Handle Your Most Valued Possessions

in life •  3 years ago 

Most Americans love their possessions, it is no secret. But what might surprise you is which possessions Americans enjoy the most. Certainly more than clothes, more than their automobiles and certainly more than their homes - Americans proudly claim that their pictures are their most prized possessions. Why is this?


Well it seems that Americans are perhaps unique in that they value their household possessions so highly that they are willing to go to great lengths to protect them. Whether that means buying safes or putting alarms on them or even passing down copies of the US constitution or Bill of Rights, many Americans are willing to lay extra cost of protecting their family photos and other prized household possessions to trusted friends. It seems as if when a problem comes up most people first seek out a trusted friend who can solve the problem rather than figuring out how to fix it themselves. And when it comes to family photos and other prized possessions the friend is almost always them.

Now you may think that there is nothing you can do about having this attitude but trust me, you can. And that is because in the US it is not always easy to get rid of things once you own them. In some cases you can easily walk away from a property without owing anything and yet still retain ownership of all the benefits and advantages that owning that particular object could give you. This may seem strange but in the world of real estate and other financial instruments ownership is everything.

Consider this case study. Your neighbour has some wonderful family photos that are probably worth quite a bit of money. So one day you decide you want those photos. Your neighbour tells you that he has never seen those photos before and has no idea where they came from. You had paid him well for them and so far he has never seen the prints.

Your neighbour's house is full of fine antiques and furniture which he proudly shows to you are impressed. He shows you a series of old master paintings that you admire. His collection is truly impressive and you wonder how someone could have managed to sell all of that and still live in his house. So you ask him why did he let all of those valuable possessions end up on the market. To you it seems that perhaps he did not want to part with them and perhaps didn't feel that he could sell them as easily as he could have.

If you believe that you can get back some of your most prized possessions by re-selling them then you should. After all, if you think about it, you are the one who invested in those items in the first place. And it is your pride and joy. It is your livelihood and you should be able to get back most of what you have invested.

If you do decide that you are going to get back your most prized possessions you will need to be very careful that you don't lose too much, for this is not the type of investment that you are likely to get back with one payment. You will also need to be extremely careful that you don't lose too much money because this can be a major problem. Just like when buying a home or when you make a major purchase, you need to be confident that you will not lose more than what you were hoping to lose.


When you are selling most prized possessions you may consider using different agents. This way you will know that your items will be handled properly and that you will get your money back in a timely manner. There are some agencies that specialize in dealing with these types of transactions and they can be very helpful for you in the whole process. Always remember that you need to consider all of your options and you should always consult a professional before you make a decision.

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