Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Am I on the right track??
>
Reply to Thread
Message:
<p>[QUOTE="Loungefly, post: 1508693, member: 39646"]Hello all,</p><p><br /></p><p>First of all, great site. I have been lurking around the forums for about a week now and I have found a lot of great information so far. But...there are a couple of questions that I have.</p><p><br /></p><p>Ok, to make a short story long, my grandmother recently passed and I found out that she left 3 insurance policies to me. Since my 401k is not performing as I would like and I don't want to buy any stock, I thought about investing it another way. I have been thinking that gold (at this point) is too risky of an investment since I am very new to this, so I have been leaning towards silver. This makes sense to me because a mistake in buying silver will hurt a lot less than a mistake in buying gold.</p><p><br /></p><p>Any recommendations on what to start with? I WOULD like to buy coins that I enjoy looking at vs. just buying a silver bar. I want to keep it fun while investing at the same time. Is there any advantage to say an uncirculated coin to a first strike or graded coin? </p><p><br /></p><p>I assume that buying online is probably the best option. I do live in Manhattan and I know there are a number of coin stores within a couple mile radius of me. But should I check the stores out first or just purchase online. I figure with a store, it will be more expensive do to the over head. Any thoughts??</p><p><br /></p><p>Last question (for now)...why is the 2012 2oz Australian Lunar Year of the Dragon LESS than the 1oz coin?</p><p><br /></p><p>So to sum all of this up, I am thinking about buying silver coins that I like (Year of the Dragon, Canadian Maples, etc..), buying online (Gainesville Coins) and not making larger purchases (like silver bars) until I learn more. So like the title says, am I on the right track here?</p><p><br /></p><p>I appreciate any and all help or suggestions. Thanks!![/QUOTE]</p><p><br /></p>
[QUOTE="Loungefly, post: 1508693, member: 39646"]Hello all, First of all, great site. I have been lurking around the forums for about a week now and I have found a lot of great information so far. But...there are a couple of questions that I have. Ok, to make a short story long, my grandmother recently passed and I found out that she left 3 insurance policies to me. Since my 401k is not performing as I would like and I don't want to buy any stock, I thought about investing it another way. I have been thinking that gold (at this point) is too risky of an investment since I am very new to this, so I have been leaning towards silver. This makes sense to me because a mistake in buying silver will hurt a lot less than a mistake in buying gold. Any recommendations on what to start with? I WOULD like to buy coins that I enjoy looking at vs. just buying a silver bar. I want to keep it fun while investing at the same time. Is there any advantage to say an uncirculated coin to a first strike or graded coin? I assume that buying online is probably the best option. I do live in Manhattan and I know there are a number of coin stores within a couple mile radius of me. But should I check the stores out first or just purchase online. I figure with a store, it will be more expensive do to the over head. Any thoughts?? Last question (for now)...why is the 2012 2oz Australian Lunar Year of the Dragon LESS than the 1oz coin? So to sum all of this up, I am thinking about buying silver coins that I like (Year of the Dragon, Canadian Maples, etc..), buying online (Gainesville Coins) and not making larger purchases (like silver bars) until I learn more. So like the title says, am I on the right track here? I appreciate any and all help or suggestions. Thanks!![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Am I on the right track??
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...