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Retirement......numismatic coins saved....
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<p>[QUOTE="Clawcoins, post: 2422204, member: 77814"]I started buying gold coins when they were in the $400 - $450 range for St Gaudens I think in 1997. The Dow in 1997 was about 8,000 back then. Now gold is $1275 and the DOW is 17,700. 3.2x vs 2.2x. Gold won in this long term generalization.</p><p><br /></p><p>But compare it to Apple stock which I bought some time between $4 and $6 a share (when Jobs came back); or conversely if you dare compare it to Enron stock. Hey, I even bought Kmart stock back then.</p><p><br /></p><p>At least gold will have some value at some time, unlike some stocks.</p><p>Stocks can come and go or merge and split. Real Estate is great if you can buy it for cash or have a good renter - and know you have to spend time on them.</p><p><br /></p><p>There are so many options which can vary based upon your risk adverseness and long term goals and on how much you have to invest in a block or monthly investment. </p><p><br /></p><p>If you don't know about investing I'd recommend contact someone that can help you. It's very easy to lose money quickly if you don't know what you are doing ( Just watch the Coin Vault on HSN as an example of immediate loss).</p><p><br /></p><p>As mentioned above, check into Mutual Funds. so many varieties.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2422204, member: 77814"]I started buying gold coins when they were in the $400 - $450 range for St Gaudens I think in 1997. The Dow in 1997 was about 8,000 back then. Now gold is $1275 and the DOW is 17,700. 3.2x vs 2.2x. Gold won in this long term generalization. But compare it to Apple stock which I bought some time between $4 and $6 a share (when Jobs came back); or conversely if you dare compare it to Enron stock. Hey, I even bought Kmart stock back then. At least gold will have some value at some time, unlike some stocks. Stocks can come and go or merge and split. Real Estate is great if you can buy it for cash or have a good renter - and know you have to spend time on them. There are so many options which can vary based upon your risk adverseness and long term goals and on how much you have to invest in a block or monthly investment. If you don't know about investing I'd recommend contact someone that can help you. It's very easy to lose money quickly if you don't know what you are doing ( Just watch the Coin Vault on HSN as an example of immediate loss). As mentioned above, check into Mutual Funds. so many varieties.[/QUOTE]
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Retirement......numismatic coins saved....
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