Localfund.com - All about Fund and Investment
*Home>>>Stock Investment

If i invest in older us currency now and buy stuff off ebay at cheap prices is this a good investment?


Say compared to stocks and other things. How much does old united states currency go up per year %.

<<<If i invest in older us currency now and buy stuff off ebay at cheap prices is this a good investment?>>>

Older U.S. currency, like other collectables, sometimes is a good investment, but not always. As a general rule the more expensive items are likely to see larger percentage price increases than less expensive items.

<<<Say compared to stocks and other things. How much does old united states currency go up per year %.>>>

In general the percent gain per year is less than you would get from stocks unless you own some of the rarer items. For example, if you sold a 1928 series $1,000 bill in good condition to a retailer, he would probably pay you about $1,200 for it. That is an increase of 20% over 80 years, or 0.25% a year uncompouded. On the other hand, a rare variation of that bill, one in GEM crisp uncirculated (65)condition with a star in the serial number from St. Louis, is currently valued at $47,500.

Collector items like coins aren't investments. They are illiquid, unique (therefore hard to price), subject huge swings due to market taste, and the dealers' markups and auction house commissions will take care of any potential profit. They may not appear unique, but quality is a big determiner of value. What do expert dealers and collectors look for in wear when determining if a coin or bill is a good example? You need to know this and see the pieces for yourself.

Buy them because having them brings you enjoyment.

Tags
  Vanguard Fund   Value Investment   Trust Investment   Stock Investment   startup Investments   Startup Capital   Sector Fund   Seed Money
Related information
  • This is a broad q, but can someone explain the stock market to me?

    OK, this is very broad and general question, so here goes a very broad and general answer. On the surface, the stock market is quite simply a place where people get together to trade issues of pub...

  • What is a good reference to learn about tax laws and liabilities associated with investments- ) stocks & equit

    Read about those in Publication 17 and other free publications from the IRS. Investments take in a lot of information such as Roth and IRA and ownership of a business entity.

    ...
  • Who taught you how to invest in the stock market?

    A doctor I work with and Jim Cramer.

    ...
  • Which stocks or sectors - next 6 month timeframe?

    Motleyfool says that Brazil water bottling companies are going to skyrocket due to water shortage there.

    ...
  • I wanna know about stocks and investments in detail. u can suggest ne a book also.?

    Visit www.moneycontrol.com It'll surely help you.

    ...
  • How can register to write Series 7 securities license exams, and the Series 63 law exam?

    Don't worry about it. You can only take these exams if you are sponsored by a registered broker dealer. Your problem is finding a company that's willing to hire you on a trading desk. Onc...

  • Where will I get coaching on Stocks Chart study, Bolinger, Stochaistics, RSI MCAD???

    You can get all of these books free through the Interlibrary Loan system at your local library "Which Is Better, Buy-and-Hold or Market Timing?" "Do You Have What It Takes to ...

  • How do you find cheap stocks that one day could become good stocks?

    Your question is the one that every investor would like to know the answer! It's not so easy to explain, and even when you 'know' what you should do, it's not so easy to do it! ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster