Comments for Buying Gold Coins

Comment on Buying Gold Coins; Budgeting for Investing by ITM Trading

ITM Trading — Mon, 27 Jun 2011 07:56:39 +0000

Before an investor makes a decision to buy gold coins, he or she should take the time to learn as much as possible about numismatics and gold.

The world of coinage has a history dating back literally thousands of years. Throughout this history, people have used and possessed coins for 3 primary reasons:

1. As money
2. As collectibles
3. As investments

Coins have been used as money to facilitate commerce for thousands of years and served this purpose exclusively up until roughly the past century. In this period, coins were practical items, used every day by rich and poor alike to obtain the goods they needed to survive or the luxury items they sought for prestige and enjoyment.

Originally, coins were made out of valuable materials and this is where they derived their value. Over time, the two most popular materials used to manufacture coins as monetary units were the precious metals silver and gold. Gold in particular has long had almost a mystical value which, combined with its natural beauty, durability and scarcity, stimulated great demand for gold coins as money around the world. At one time, all of the major nations of the developed world issued gold coins for use in commerce. America had its Double Eagle, Eagle, Half Eagle, and Quarter Eagle. Great Britain had its gold Sovereigns. France had gold Francs.

Comment on Buying Silver Coins; A Great Way to Start Investing by Gold Investing Expert

Gold Investing Expert — Wed, 10 Nov 2010 21:26:42 +0000

Great article

I know how profitable gold investing can be. My brother made really good money doing just that, and myself I am making good money investing in gold.

I recommend to anyone who’s thinking of starting to invest in gold to read a book or two on this topic, as there so many mistakes and blunders that are possible to make when you first start in this industry.

Thank you for sharing this with your us.

Comment on Pay yourself First to Save Money by stan c

stan c — Wed, 20 Jan 2010 21:05:59 +0000

Just open a savings account and treat it like a bill and make payments every month. My wife and I have been doing it for 35 years.
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Comment on Pay yourself First to Save Money by Cookie

Cookie — Wed, 20 Jan 2010 21:03:59 +0000

Automatic Withdrawls.
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Comment on Pay yourself First to Save Money by mister ed

mister ed — Wed, 20 Jan 2010 21:01:59 +0000

goals and a budget = you stay on the budget and make your goals and you will form a habit that will make you very happy!!!
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Comment on Pay yourself First to Save Money by 2sexy4

2sexy4 — Wed, 20 Jan 2010 20:59:59 +0000

I use the credit union at work. They take money right out of your pay. As little as $5 a week. So you don't really miss it. Outta sight outta mind. Their locations aren't usually nearby ,which makes it a little harder to get to.Therefore easier to save.
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Comment on Pay yourself First to Save Money by Gem

Gem — Wed, 20 Jan 2010 20:57:59 +0000

Find a low fee money market account with automatic deductions from your bank account.

I used to contribute $200 a month and scheduled it as I schedule other bills. Regretfully, thanks to Congress and the law raising minimum payments, I can’t do it for now.

You need to "pay yourself" just like any other bill.
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Comment on Pay yourself First to Save Money by Greg S

Greg S — Wed, 20 Jan 2010 20:55:59 +0000

For me personally I have to compartmentalize everything, I can’t say I have $100 in account "A" for bills and fun. So I have 6 accounts with my bank for the following
1) Bills
2) Money to transfer to brokerage
3) Gift Savings
4) Long term Savings
5) Entertainment savings
6) Fun money for the week

It may seem ridiculous but it works for me, especially having all my fun money in one place so I know exactly how much I can spend at any given time.
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Comment on The History of Gold Coins Issued by Usa by liberty 911

liberty 911 — Wed, 20 Jan 2010 20:55:59 +0000

Please browse the links below. You might search the last link for a dealer who specializes in either Paper Money or Colonials. BTW, the word is "passed" not "paffed" as it is likely in some fancy script of that time. I hope that helps.
References :
http://www.coins.nd.edu/ColCurrency/CurrencyText/CC-02-17-76b.html
http://www.coins.nd.edu/ColCurrency/
http://www.donckelly.com/colonial/colonial.html
http://www.collectorscorner.com/Category/Category.aspx?catId=1690&tl=true
http://www.money.org/ana_custom/dealer_search/dealer_search.cfm

Comment on Pay yourself First to Save Money by Mr_Blue

Mr_Blue — Wed, 20 Jan 2010 20:53:59 +0000

Goals motivate and give a reason for saving. I set short-term (ie. trip to Europe next year) and long-term goals (retire at age 60). Have a plan for savings. I used to have a portion of my pay check deposited into a credit union savings account. It was very easy to save if it was automatic. Now, before I pay my bills, I make a monthly deposit into savings. If you have an IRA sometimes you can set up an automatic withdraw from checking account to IRA. I hope this helps.
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