What are your coin holdings as compared to ...

roflao

 

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It would be hard to break down my allocation as it changes all the time. In generic terms I guess it would look like:

5% Coins/metals
70% real estate
25% stocks/bonds/cash reserves

Guy~

 

Coins, and Shotguns!!!!! (when coin comes in and isn't in the safe deposit box).

 

Yes especially when I have a child rearing up for college ... A lot of OCD caused it but at least it was not in the stock market.
I am still a believer of HARD currency but this is a little over the top :hammer:

I think my basic bullion is going :hail: along with my modern proof sets to move that allocation somewhere else. Still discussing it with my wife and finacial advisor ...

 

Not long ago you would have had 25% for gas for your car. Probably would have mostly come from the food and kids. Debt never changes much.

 

That's because this is secret society. So SHHHHHHHHHHHHH

 

My money is tied up in staying alive.

 

I would be really conservative about valuation of any "collectible" in the calculation of a net worth for paperwork such as a FASFA.

I can't say with any authority what I would use as the basis of my evaluation--

Purchase price? (How long ago was it? Are there records?)
Replacement cost?
Insurance coverage?
A formal appraisal?
Gray sheets? (Not the Red Book, I hope-- you'd almost certainly not net those prices!)
For bullion, the average price per ounce (over some time period) multiplied by the number of ounces owned?

Then there is the question of whether the people at the other end of the FASFA would understand what you're talking about.

I'll speculate that unless you "have to" fill out the FASFA to comply with admission requirements, you're looking for financial aid. I'll withhold comments on that process in general (this isn't the Political Forum!) but overall I would wonder how conservative you can be in terms of valuing what you have-- especially considering the probability of a short to medium term downturn in coin prices.

 

Leadfoot,I agree with you...

Its not like by knowing you have x% in Coins, PMs, Stocks, etc... Someones going to know how much of whatever you have... The original poster was not asking for dollar amounts or actual figures....

Just how one might slice the pie as an idea to see if maybe he needs to adjust his slicing to be more diverse or safer..

Its not like the guys said, I need your
name/address,
social sec#,
bank acount and rounting #
exactly how much you make a year?
then how many $ of that do you spend on coins?
Eactly how much $ do you put in your 401K
Eactly how much cash do you keep under your pillow, which room and what color was it?
Lastly, Safe and alarm combos?

But then again,
I guess some people are just way more paraniod and or don't feel comfortable talking about somethings that they consider private personal info and think its no ones business...

I guess we should be understanding of that...


Myself, I can only say I put 15% of my weekly income in my 401K, which is sucking rocks right now...

25% of my monthly income goes towards my house payment.

I put a few dollars here and there in my savings for emergency..

I don't really have any other investments except maybe a small 2 acre lot in the woods of Southern Missouri that we camp on... I don't think thats counts as an investment though...

I can't say how much I have in coins and PMs as I don't know... I know its not much... Maybe a few hundred... I've got more than that in Books and DVDs from the years of hoarding...

I don't spend a regular set amount on coins and PMs each week or month either...

This week I might spend 200.00, next three or even six months I might not spend a buck, then I might spend 20.00 or so on a coin I came across on Ebay or a maybe a new yearly issue might come out from the mint...

 

can nw be negative.

 

Not eve sure how to figure this out....

Do I figure out how much I make a year, then how much my coin collection is worth? then figure what % the collection is of my yearly income?


Say I make 1000.00 a year (just for simple math)
coin collection is worth 100.00

So my coins would be 10% of what I make in a year?

Or would I have to figure what am I spending each month as a % does that make sense?