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<p>[QUOTE="gboulton, post: 1043091, member: 27043"]My daughter's been hard at work on a State Quarter P/D set for over a year now. Like that idea a bunch...it provides more involvement, rather than just "Here's some coins, don't take them out of that package." imo.</p><p><br /></p><p>We also, however, have taught a few financial lessons through "coins". She's learned some basics of investing and saving through ASEs. Any time I'm going to a coin shop, she's welcome to come along and purchase ASEs (or any other silver..her preference is for ASEs to date) with her own money. We then "match" her silver contributions at 33%. For every 3 oz of silver she buys, I buy one more. We call it her "401D (for dad) Matching Plan" <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Not only has she learned some conservative savings habits already, but has learned how to watch markets, how to research trends, how to calculate returns on investments, the idea of "vesting", she's scratched the surface of fiat vs hard currency understanding, and has learned several numismatic principles such as understanding weight and composition, and some early basics of grading.</p><p><br /></p><p>Not bad for 11 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="gboulton, post: 1043091, member: 27043"]My daughter's been hard at work on a State Quarter P/D set for over a year now. Like that idea a bunch...it provides more involvement, rather than just "Here's some coins, don't take them out of that package." imo. We also, however, have taught a few financial lessons through "coins". She's learned some basics of investing and saving through ASEs. Any time I'm going to a coin shop, she's welcome to come along and purchase ASEs (or any other silver..her preference is for ASEs to date) with her own money. We then "match" her silver contributions at 33%. For every 3 oz of silver she buys, I buy one more. We call it her "401D (for dad) Matching Plan" :) Not only has she learned some conservative savings habits already, but has learned how to watch markets, how to research trends, how to calculate returns on investments, the idea of "vesting", she's scratched the surface of fiat vs hard currency understanding, and has learned several numismatic principles such as understanding weight and composition, and some early basics of grading. Not bad for 11 :)[/QUOTE]
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