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Personal Finance and Investing

claudette

(5,261 posts)

4. A long time ago

Reply to littlemissmartypants (Original post)

Sat Dec 28, 2024, 06:17 PM

Dec 2024

I bought a whole lot of 99% pure silver dollars to leave to my estate - figuring even if silver crashed, they'd still be worth $1.00 each! LOL

Well, the value of those coins has more than doubled in all those years. However, make sure that those you are leaving them to don't mind going through the hassle of selling them for real cash. THAT could get tricky unless you know and trust the buyer will be honest and give you all that they are worth. I stopped buying them two years ago.

Added: Now I invest all my money in an IRA and Treasury Bonds.

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Recommendations

4 members have recommended this reply (displayed in chronological order):

No Vested Interest cyclonefence littlemissmartypants we can do it

31 replies

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Highlight:

Which one is the best investment? [View all] littlemissmartypants Dec 2024 OP

Why buy such? elleng Dec 2024 #1

Study pricing and go to a known coin/gold/silver shop. Absolutely avoid the tv ads. keithbvadu2 Dec 2024 #2

Buy gold from a reputable dealer. no_hypocrisy Dec 2024 #3

I already have a 1923 silver dollar... littlemissmartypants Dec 2024 #12

A long time ago claudette Dec 2024 #4

Interesting. Thanks. ❤️ littlemissmartypants Dec 2024 #19

My Dad had a collection of silver coins he inherited and they are not worth much kimbutgar Thursday #27

As I said claudette Thursday #29

Maintain a balanced portfolio. Gold could be a part of that. surfered Dec 2024 #5

Permanent Portfolio PRPFX Turbineguy Thursday #28

Can anyone you know recommend a financial adviser? Jim__ Dec 2024 #6

I have one. Thanks, Jim__. ❤️ littlemissmartypants Dec 2024 #13

Neither Fiendish Thingy Dec 2024 #7

Got one, thanks. ❤️ littlemissmartypants Dec 2024 #14

Stay the hell out of metals. Firestorm49 Dec 2024 #8

Thanks, Firestorm49. I appreciate your candidly direct reply. ❤️ littlemissmartypants Dec 2024 #15

The question is really about hedging the US Dollar bucolic_frolic Dec 2024 #9

Just looking at the LLY five got my attention. ... littlemissmartypants Dec 2024 #10

You know more than your think bucolic_frolic Dec 2024 #16

Thanks. I learned long ago... littlemissmartypants Dec 2024 #18

Real Estate. (No, I didn't go to Trump University) usonian Dec 2024 #11

Got some of that. ... littlemissmartypants Dec 2024 #17

That was my 14,666th post. LOL usonian Dec 2024 #20

If you must ... Bob Carlson of Retirement Watch newsletter has some IAU - iShares Gold Trust ETF, "which is often nmmi Dec 2024 #21

Gold and Silver and other precious metals are not "investments" per se, they are commodities. A HERETIC I AM Dec 2024 #22

IMHO, your safest bet right now is probably Money Market Funds bif Jan 2025 #23

Personal Finance and Investing, Bookmark. littlemissmartypants Tuesday #24

If you want to own gold or silver, buy PoindexterOglethorpe Thursday #25

Join NASA FCU and buy their CDs. Excellent rates. OLDMDDEM Thursday #26

Your relationships and dried goods LuvLoogie Thursday #30

Put in a limit buy order for Ford (F on the ticker) for 8.00 prodigitalson Thursday #31