![]() |
|
| *Home>>>Long Term Investment |
What coins make for the best long term investments? |
Ok, Is it better to invest in rare coins and speculate on thier numismatic value going up or is it better to invest in pre-1964, that you can buy at or bellow melt, silver coins and speculate on them increasing in price due to thier bullion vallue? Hello, Im 29 now and have just started in coins. My plan is to invest in them systematically on a monthly basis in hopes theyll increase in value say in 30yrs enough to have a early retirement. I would need roughly 150t to retire as my plan is to retire to the philippines and put the money in accouts which draw 20% apr in interest which is paid on a monthly basis. Also, I have looked into stock investments ect but to be honest the us economy doesnt seem so good and with are currancy beeing unbacked by bullion I dont see it improving this is why I started looking into coins as through my research Ive discovered that coins and bullion seemingly increase in value at a greater rate or equal rate to most stock investments and Ive read that bullion increases during hard times and can be easily liquidated much like stock. There are quite a few different parts to this question that require somewhat elaborate answers. First, coins are not exactly investments. They fall more into the relm of speculation. The reason being that there is no real basis for their value other than what a person might be willing at any particular time to pay for them. That does not mean that they might not over time become worth more. In fact many have have. If you concentrate on silver bullion coins, you are going to have to have a very large vault to store them in. That is one of the big drawbacks to buying bullion silver. Gold not so large. GOLD COINS just stick with gold coins,the price of gold keeps going up Gold bullion coins are the best and safest way to go, I have been buying coins for some considerable time and whilst I am not wealthy to retire now, I am looking at retiring when I am 58 (38 now!). How much do you have to invest? |
| Tags |
| Money Investment Managed Fund Make Money Low Risk Investment Long Term Investment Investor Investment Fund Investment Trading |
| Related information |
Sirius seems to be gaining market share on XM. It also has reported that it is now cash flow posititve. Personally, both are too speculative for me. I do know of a cheap stock that might have... try Bisto ;-) ...If you make 4.5% in 2006 and the inflation was 3.5% you only made really 1.0% Is that simple. ...leap year doesnt matter 365 flat is the cutoff. ...FRE costs over $60 (New York Stock Exchange) Is is impossible to buy it at $0.88 ...easy. so that the interest paid doesnt surpass the interest gained. think about it this way... you are paying 18.99% on your credit card. you are earning 8% on an investment. what is going on? ... $4 -- www.sharebuilder.com ... .5 years and more Fixed deposits are eligible for 80C up to 1 lakh per year from F.Y 2006-07. You can claim it as 80C for this year. (Max. 1 lakhs together with NSC, PPF, LIC Etc.,) ... |
Categories--Copyright/IP Policy--Contact Webmaster |