Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
True or False
>
Reply to Thread
Message:
<p>[QUOTE="JrCoin, post: 636737, member: 18390"]<b>man oh man</b></p><p><br /></p><p>If you're really worried about when t.s.h.t.f. you need to invest in guns and bullets, not bullion. It's why they give food stamps to the poor, so they don't loot and riot. If you're that paranoid then you need to focus on maslows hierarcy of needs...food, shelter, clothing, security. Once you get beyond the basics you worry about your $. Bullion is good because it is a commodity not directly linked to dollar amounts. Most commodities aren't safe to hoard. Hoard alot of gas and you'll likely blow your house up (heard about that on the radio, it happens) </p><p> </p><p>You could invest in anything you think will appriciate in value really, but precious metals have a long accepted history of value, and are the trappings of wealth. It is easy to store, save, calculate the value of, and eventually sell. I've seen stocks go belly up but I've never heard of a time in "modern" culture where precious metals were not worth something. Maybe you like classic cars. Spend your money on that if you think it's viable. Cars are a pain to maintain and a constant source of expense. There's insurance, storage, repairs, and unless you NEVER drive it (and what fun is that???) the very real risk of an accident. With bullion it seems rather simple, your biggest worries are proper storage and theft. And a market that will allow you to buy low sell high...which if you aren't looking to sell for 10-30 years is highly likely, much more certain than most investments at any rate. </p><p> </p><p>Plus you don't pay any taxes until you sell. If you value your privacy, with this age of identity theft, no one can hack your account to steal your wealth of bullion if it is stored in a safe. You may consider having a more advanced home security system with more emphasis on the safety of your home, but isn't that a solid investment and worthwhile even if you didn't invest in bullion??? Your family and your home are worthy of the best protection you can afford. After that, buy collectable Elvis plates for all I care. Someone will probably be willing to pay you something for them...(there is no accounting for taste)[/QUOTE]</p><p><br /></p>
[QUOTE="JrCoin, post: 636737, member: 18390"][b]man oh man[/b] If you're really worried about when t.s.h.t.f. you need to invest in guns and bullets, not bullion. It's why they give food stamps to the poor, so they don't loot and riot. If you're that paranoid then you need to focus on maslows hierarcy of needs...food, shelter, clothing, security. Once you get beyond the basics you worry about your $. Bullion is good because it is a commodity not directly linked to dollar amounts. Most commodities aren't safe to hoard. Hoard alot of gas and you'll likely blow your house up (heard about that on the radio, it happens) You could invest in anything you think will appriciate in value really, but precious metals have a long accepted history of value, and are the trappings of wealth. It is easy to store, save, calculate the value of, and eventually sell. I've seen stocks go belly up but I've never heard of a time in "modern" culture where precious metals were not worth something. Maybe you like classic cars. Spend your money on that if you think it's viable. Cars are a pain to maintain and a constant source of expense. There's insurance, storage, repairs, and unless you NEVER drive it (and what fun is that???) the very real risk of an accident. With bullion it seems rather simple, your biggest worries are proper storage and theft. And a market that will allow you to buy low sell high...which if you aren't looking to sell for 10-30 years is highly likely, much more certain than most investments at any rate. Plus you don't pay any taxes until you sell. If you value your privacy, with this age of identity theft, no one can hack your account to steal your wealth of bullion if it is stored in a safe. You may consider having a more advanced home security system with more emphasis on the safety of your home, but isn't that a solid investment and worthwhile even if you didn't invest in bullion??? Your family and your home are worthy of the best protection you can afford. After that, buy collectable Elvis plates for all I care. Someone will probably be willing to pay you something for them...(there is no accounting for taste)[/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
>
Bullion Investing
>
True or False
>
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...