Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Should I Invest, Save, or What?
>
Reply to Thread
Message:
<p>[QUOTE="Marshall, post: 927696, member: 21705"]Your most important goal at this point is to preserve wealth. Inflation appears to be a greater threat to your wealth than lower commodity prices at this time. The market will do strange things with hyperinflation as some things will inflate faster than others and no one really knows which things will rise fastest.</p><p><br /></p><p>A CD only locks you into fixed dollars at a time that the dollar has too inflate. Of course, all it takes is one significant election to change the outlook significantly. The thing I would suggest as someone totally without any recognized expertise in investing (legal protection) is to put your money into low grade silver US coins with as little numismatic premium as possible. Absolutely do not go over bullion value since melt is a fraction of bullion value. This limits your risk to the commodity itself. Premiums for bullion coins are for suckers because you always pay it and almost never get it back.</p><p><br /></p><p>Now if your really depressed about things, the ultimate commodities are survival seeds, farm tools and guns and ammo. This is what you would need your silver and gold for anyway in the worst case scenarios.</p><p><br /></p><p>Of coarse, you could invest in sand since so many have their heads burried in the stuff and think we can go on like this for an extended period of time.[/QUOTE]</p><p><br /></p>
[QUOTE="Marshall, post: 927696, member: 21705"]Your most important goal at this point is to preserve wealth. Inflation appears to be a greater threat to your wealth than lower commodity prices at this time. The market will do strange things with hyperinflation as some things will inflate faster than others and no one really knows which things will rise fastest. A CD only locks you into fixed dollars at a time that the dollar has too inflate. Of course, all it takes is one significant election to change the outlook significantly. The thing I would suggest as someone totally without any recognized expertise in investing (legal protection) is to put your money into low grade silver US coins with as little numismatic premium as possible. Absolutely do not go over bullion value since melt is a fraction of bullion value. This limits your risk to the commodity itself. Premiums for bullion coins are for suckers because you always pay it and almost never get it back. Now if your really depressed about things, the ultimate commodities are survival seeds, farm tools and guns and ammo. This is what you would need your silver and gold for anyway in the worst case scenarios. Of coarse, you could invest in sand since so many have their heads burried in the stuff and think we can go on like this for an extended period of time.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Should I Invest, Save, or What?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...