What are your coin holdings as compared to ...

Your Net Worth ...

I was shocked to find that mine is extremely high and that I should diversify more ... @ 30% eeks

I found this as I was filling out a FAFSA for my son for school and doing my personal networth ... Its actually pretty bad and am going to see a finacial advisor to see how we can diversify to help with College tuitions and the like ... We obviously do not want dollars portrayed in this question but percentages ... I think it would be interesting to see others %'s

Mine
30% Coins/ Bullion
30% Real Estate / Home / COmmercial property and Raw Land
15% Cash and Equivelents
7% Stocks
8% Bonds
10% Retirement

 

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Mine:

50% Kids
45% Debt
5% Food
100% Poor

 

No one in their right mind would answer this question honestly in a public forum but nice try.

 

lol....

 

Had no problem on other boards ...

 

:mouth:

 

Thread reminds me of Billy Preston for some reason!

Nothin' from nothin' leaves nothin'
You gotta have somethin'
If you wanna be with me
Nothin' from nothin' leaves nothin'
You gotta have somethin'
If you wanna be with me

I'm not tryin' to be your hero
'Cause that zero is too cold for me, Brrr
I'm not tryin' to be your highness
'Cause that minus is too low to see, yeah

Nothin' from nothin' leaves nothin'
And I'm not stuffin'
Believe you me
Don't you remember I told ya
I'm a soldier in the war on poverty, yeah
Yes, I am

[Instrumental Interlude]

Nothin' from nothin' leaves nothin'
You gotta have somethin'
If you wanna be with me
Nothin' from nothin' leaves nothin'
You gotta have somethin'
If you wanna be with me

You gotta have somethin'
If you wanna be with me
You gotta bring me somethin' girl
If you wanna be with me


(sorry, bobsmo , we just po folk here)

 

I'm honestly not too concerned with all of that. I will work until the day I die. I don't want to retire ever, I want something to do for the rest of my life and I've got plenty of time to figure out what career I want after this one is done.

 

These days, my asset allocation is quite different from a few years ago (longer on cash and precious metals)....

5% coins
10% precious metals
25% real estate
30% stocks/bonds/401k
30% cash and cash equivalents (short term bonds/money market accounts)

In the next 12 months, I expect the cash and coin positions to go down, and the real estate and stock positions to grow....Mike

 

Agreed. (And I am in my right mind!

 

80% coins
20% cash


tbh I wish it was the other way around.

 

In order...

Real Estate
Cars
Coins
Stuff
Beer
Cigarettes

 

While we all have to live how we see fit, just because you plan on working until you die doesn't mean you should ignore asset allocation and saving for the future. Why not let your money work for you?

 

Why not?

 

I really dont care about the $ - IT IS IRRELEVANT
Asset allocation is an interesting point to see where people think the economy is going OR how it has changed/ing for changes in your life.

Its not I have have more than you question ! Its economics 101

 

OK, OK, I'll play. My coin collection represents a miniscule part of my net worth so it isn't worth segmenting out. Thus, my coins are not part of my asset allocation strategy.

 

right now, coins make up less than 1% of my net worth.

 

I am not sure about percentages but we bought our house before the boom and it is still well above what we bought it for.
I drive a crappy car.
and I have a hobby level coin collection (not an investment level).

 

My assets add up to 100%

PS, Yeah DanR, but you ride a cool bike:thumb:

 

Don't ya just hate it when that happens ?