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<p>[QUOTE=&quot;medoraman, post: 4640306, member: 26302&quot;]My &quot;order of priority&quot;</p><p><br /></p><p>1. Take care of family</p><p>2. Emergency fund, (amount depends on how much you make)</p><p>3. No credit card debt/personal loan/etc.</p><p>4. Long term investments</p><p>&nbsp;&nbsp;&nbsp; These should be a mix of bonds, equities, PM, land, etc. PM is a good hedge&nbsp; &nbsp; &nbsp;&nbsp; versus USD, and so is foreign equities or land overseas.</p><p><br /></p><p>That is where any PM purchase should fall. Have a credit card balance? STOP buying pm and pay it off. Any debt except for low interest debt to finance a home or rental properties is bad.</p><p><br /></p><p>Now, if its a budgeted line item for your relaxation, coin collecting is great. But any REAL money should be spent in the order listed above, (in my opinion of course).</p><p><br /></p><p>Btw, I think its pretty weird a dude spends money at a coin show and then posts a video of it online. He doesn&#039;t think anyone might recognize him from Youtube and think, &quot;Hey, that is a pretty good target to rob&quot;? If I ever made any video like that, I think I would start it off with, &quot;so what you see here today is ALWAYS stored in my SDB. Do not worry about if my home contains any of this, since it DOESN&#039;T, or, you know, not post on the internet your face and how much gold and silver you have.......[/QUOTE]</p><p><br /></p>

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