Taylor: Simple math proves you should just say no to precious metals — even during war and inflation
Robert Brigandi, vice president of Brigandi Coin Co., holds American Eagle Gold Bullion Coins at Brigandi Coin Co. in New York in this 2004 file photo. The coins, shown here in 1 oz., 1/2 oz., 1/4 oz., and 1/10 oz. sizes, are some of the world's leading gold bullion investment coins.The financial infotainment industrial complex is gearing up to reach into your wallet. It wants you to purchase precious metals as if they are investments: gold, silver, platinum or even more exotics.
Does all this news add up to a case for owning commodities like precious metals in your investment portfolio? So he found a coin dealer willing to take them off his hands. He managed to clear $23,640 in proceeds from the sale. That’s the good news.Taylor: Coin collecting a fine hobby, but not a good investment
A Houston firm didn’t want to deal with the platinum coins. Same with the rare coin dealer he contacted in Bastrop. He praised U.S. Coins and Jewelry in Houston for finally taking the coins off his hands. Even taking advantage of ideal selling conditions, Bower still realized only an annual 4.5 percent return on investment on the Australian coins since 1994. And he realized a 7.25 percent annual return on the gold coins since 1997.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Gold Price Forecast: XAU/USD prints mild losses around $1,930 even as yields flag recession riskGold Price Forecast: XAU/USD prints mild losses around $1,930 even as yields flag recession risk By anilpanchal7 Gold XAUUSD YieldCurve RiskAppetite Ukraine
Baca lebih lajut »
Tom Taylor and Jon Sommariva's Peter Pan-Inspired Neverlanders Graphic Novel Gets a Release DateThe Peter Pan-inspired Neverlanders graphic novel by TomTaylorMade JonSommariva penguinrandom gets a release date and a new cover
Baca lebih lajut »
Dodgers' Chris Taylor feeling better after offseason elbow surgeryDodgers utility player Chris Taylor reveals he underwent elbow surgery in the offseason after experiencing pain over the final two months of the season.
Baca lebih lajut »
Taylor Swift Teases New Song 'Carolina' in 'Where the Crawdads Sing' TrailerTaylor Swift offered up a snippet of a new song, 'Carolina,' in the trailer for the upcoming film, 'Where the Crawdads Sing.'
Baca lebih lajut »
First 'Where the Crawdads Sing' Trailer Features New Taylor Swift SongThe trailer for ‘Where the Crawdads Sing’ is officially out, and it comes with a new song from Taylor Swift.
Baca lebih lajut »
'I host huge Taylor Swift dance parties across America'When we put tickets up for sale for our second Taylor Swift night in August 2021, they sold out in 15 minutes and we had a waitlist of 700 people.
Baca lebih lajut »