#31
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
In your case, gold may be a good investment, but there is something to keep in mind:
[ QUOTE ] All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933 [/ QUOTE ] For more info, http://www.the-privateer.com/1933-go...fiscation.html This may never happen again, but it's something to consider when selecting which coins to purchase. |
#32
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
Buy municipal bonds. They are mostly tax free, will beat inflation, and show better income then the cds, etc..
|
#33
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
Yes, it could happen again.
In my recent research I’ve come across some interesting stuff regarding gold coin and bullion sales – for instance: There are companies that will lock in the current price for you on a telephone order. They take your name and address but don’t physically write it on the invoice, writing it instead on a 3x5 card stapled to the invoice. The preferred method of payment is (anonymous) Postal Money Order. Once they receive payment they ship by Registered Mail. As soon as they confirm that the order was delivered they destroy the 3x5 with your personal info on it. And this is big, reputable businesses that have been around for a long long time. Interesting, the lengths people will go to to protect their privacy. |
#35
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
Not funny...
|
#36
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
Stocks with a yield of over 6% and costing less than 10 times earnings will outperform inflation and the stock market by a massive amount over time, plenty of different holdings is the way to avoid bad luck, if the majority of major investment banking firms have them down as likely to underperform the market, then they are even more likely to outperform. People may think this is a joke but these are facts born out over a 100 years, people who have invested in all the 'big things' such as motor vehicles, computers, software, telecommunications, and internet companies have lost money more often than not, better of putting it in a water company or a stressed manufacturer, nothing exciting will likely happen you'll just get more wealth slowly.
Regards Mack |
#37
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
this is a good site to explore
until i read your comments, Terry, i would have said the opposite: Krugerrands are bought by investors as handy lumps of gold; whereas Sovereigns are bought by collectors as gold coins with a history and hence at a premium price regards m |
#38
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
How about platinum, the us mint sells platinum coins and this years mintage is the lowest ever or close to it. Could be a very good investment.
|
#39
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
Sponsor Dutch Boyd. [img]/images/graemlins/grin.gif[/img]
|
#40
|
|||
|
|||
Re: O/T Looking for \"under the mattress\" type investment
[ QUOTE ]
Drugs I believe this correctly meets all of your listed criteria [/ QUOTE ] lol... yeah, the OP never stated the risk factors he's willing to assume. of course body armor, a few peeps to watch your back, and a good lawyer can mitagate the risk of bad deals, competition + cops. [img]/images/graemlins/smile.gif[/img] |
|
|