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My first "Investment Coin".
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<p>[QUOTE="Vess1, post: 2393289, member: 13650"]Guy I know tells me about his investment adventures. Some went ok but also likes to mention how he invested $64k with a well known brokerage firm in the 90s to let the "pros" handle the investing strategy. Says he's up to $36k in 2016. </p><p> Pulled another investment to purchase a house out in country with acreage that he probably won't be able to break even on due to interest and taxes that have been paid. </p><p> Savings accounts pay nothing. CDs pay nothing. Real estate is a major pita and has been a loser for me. 401k at work is around 8% since inception being in mostly the highest risk options. Sometimes having something in your possession thats just maintaining value feels like a win. I wish everyone luck though. </p><p> There are ways and instances that sometimes pop up where maybe you can double your money, even if only on a small scale. If you calculate how difficult that is to do using conventional investing methods, it nearly takes a lifetime if ever. Along with the inflation and fees.</p><p> As was stated earlier, eliminating debt would probably be the most valuable investment 90% of the country could make. But it's not as enjoyable or visual so even I have trouble wanting to make a double payment over acquiring a new coin, tool, etc... </p><p><br /></p><p>Sent from my XT1093 using Tapatalk[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 2393289, member: 13650"]Guy I know tells me about his investment adventures. Some went ok but also likes to mention how he invested $64k with a well known brokerage firm in the 90s to let the "pros" handle the investing strategy. Says he's up to $36k in 2016. Pulled another investment to purchase a house out in country with acreage that he probably won't be able to break even on due to interest and taxes that have been paid. Savings accounts pay nothing. CDs pay nothing. Real estate is a major pita and has been a loser for me. 401k at work is around 8% since inception being in mostly the highest risk options. Sometimes having something in your possession thats just maintaining value feels like a win. I wish everyone luck though. There are ways and instances that sometimes pop up where maybe you can double your money, even if only on a small scale. If you calculate how difficult that is to do using conventional investing methods, it nearly takes a lifetime if ever. Along with the inflation and fees. As was stated earlier, eliminating debt would probably be the most valuable investment 90% of the country could make. But it's not as enjoyable or visual so even I have trouble wanting to make a double payment over acquiring a new coin, tool, etc... Sent from my XT1093 using Tapatalk[/QUOTE]
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My first "Investment Coin".
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