Time Travel as a retirement plan

[Einstein]

I think I've thought of a way to get past collapsing the economy and getting rich too. Suppose I take $10,000 back in time in my time machine, stopping off every so often to trade in for older bills. Eventually I will get back to a time when gold was $35.00 an ounce. I'll just buy $10,000 worth of gold. Which is 285.7 ounces of gold. Almost 18 pounds. Smaller than a gold brick which is around 30 pounds. Easily carried in a backpack. $285.7oz x $1623.79/oz = $463,916.80. That is quite a hefty return on my investment. The $1623.79 value is the current price of gold per ounce. Of course I believe it was up to $1800.00 an ounce there for a while. So I could cash in at that particular time. But how would I word it on my tax return?​

 

[Opmmur]

People (Time Travelers) have bought back other things other than Gold. Valuable things like old colt guns, old cars and motorcycles and gold coins.

Good luck on your old items.

 

[Num7]

It may not be that easy to trade "future" money for contemporary money, you may be caught pretty easily, especially when the bills changed in design.

I think it would be easier to do the lotto trick and win several million dollars right away with the winning number.

 

[Einstein]

I've thought about taking a shipment of small cheap calculators back to around mid 60's. Back then it would be easy to unload them at $100.00 each. Probably turn $50.00 worth of calculators into $10,000.00 and then turn around and turn the money into gold. Probably less hassle than the cash exchange method.

 

[Einstein]

It may not be that easy to trade "future" money for contemporary money, you may be caught pretty easily, especially when the bills changed in design.

I think it would be easier to do the lotto trick and win several million dollars right away with the winning number.

I have thought about the lotto, but what if the numbers are different on each timeline? I certainly won't have divergence tracking capability in my first prototype.