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<p>[QUOTE="Speedy, post: 849431, member: 705"]Here is my 2cents worth - (NOTE: I AM NOT A INVESTMENT PROFESSIONAL - YOU SHOULD SEEK ONE OUT SINCE THE DETAILS OF YOUR CASE ARE DIFFERENT)</p><p><br /></p><p>If you are looking for an investment, then don't look at coins....and really don't go towards coin if this is your ONLY means of investment. I hear most people suggest that maybe you can put 10% into stuff like silver and gold, but don't put your whole net-worth on the chopping block.</p><p><br /></p><p>My advice would be to pay some money and get someone to advise you on what to do - find a CPA that will help, or if you have the time, and want, do it yourself, but look into stocks, mutual (sp?) funds. </p><p><br /></p><p>If you get $2000.00/month for 10 years that is $240,000.00. Now I don't know about your lifestyle, or debt, or anything about you, but lets say that you could live on 10% of that - or $24,000.00 a year - You are going to need your money in something that will bring in ATLEAST enough interest to make that 10% a year or you are going to drain your fund rather quickly. I don't think you will find silver and gold doing that....</p><p><br /></p><p>Now again - seek someone out in your area that is a professional, and will work with you on this.</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>
[QUOTE="Speedy, post: 849431, member: 705"]Here is my 2cents worth - (NOTE: I AM NOT A INVESTMENT PROFESSIONAL - YOU SHOULD SEEK ONE OUT SINCE THE DETAILS OF YOUR CASE ARE DIFFERENT) If you are looking for an investment, then don't look at coins....and really don't go towards coin if this is your ONLY means of investment. I hear most people suggest that maybe you can put 10% into stuff like silver and gold, but don't put your whole net-worth on the chopping block. My advice would be to pay some money and get someone to advise you on what to do - find a CPA that will help, or if you have the time, and want, do it yourself, but look into stocks, mutual (sp?) funds. If you get $2000.00/month for 10 years that is $240,000.00. Now I don't know about your lifestyle, or debt, or anything about you, but lets say that you could live on 10% of that - or $24,000.00 a year - You are going to need your money in something that will bring in ATLEAST enough interest to make that 10% a year or you are going to drain your fund rather quickly. I don't think you will find silver and gold doing that.... Now again - seek someone out in your area that is a professional, and will work with you on this. Speedy[/QUOTE]
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