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hi all,
i just turned 40 this past week and for my birthday i picked up 100 silver eagles for $19.20 a pop off ebay. when i was a youngster i was pretty heavy into collecting, getting the different penny, nickle, dime, and quarters books and trying to fill them up. i had my parents take me to a few shows here and there but never managed to fill out a single book. i have a couple thousand wheat pennies and maybee $80 face value worth of 90% silver.
fast forward 30+ years and i find myself retired since last summer, ive bought as much stock as funds allowed and saved ass much money as i could. i was happy with my money in the bank collecting 5% but when rates really started dropping in 2008-2009 i looked to get it in something better. i purchased 4 rental homes for income. the very same week i closed on house #4 i was laid off work, ive been collecting unemployment and rents ever since. now that my rental account has grown abit i started to look for somewhere to invest the funds in since the bank only pays 1% and the dollar is devaluating.
i stumbled on silver and it looks to be a decent place to preserve capital and possibly make a few bucks on, i dont hold any gold and dont plan to with the prices as they are, i do plan to pick up another several hundred ounces of silver.
i am planning to pick up another rental soon, just gotta find the right one at the right price now, since i bought my last one last september prices in my market have gone up 15-20%. properties that i had paid 75-90K for are now selling for 90-120K.
nice place you have here and since im thinking of money at least 22 hours a day i'll probably be hanging out a little bit.
i just turned 40 this past week and for my birthday i picked up 100 silver eagles for $19.20 a pop off ebay. when i was a youngster i was pretty heavy into collecting, getting the different penny, nickle, dime, and quarters books and trying to fill them up. i had my parents take me to a few shows here and there but never managed to fill out a single book. i have a couple thousand wheat pennies and maybee $80 face value worth of 90% silver.
fast forward 30+ years and i find myself retired since last summer, ive bought as much stock as funds allowed and saved ass much money as i could. i was happy with my money in the bank collecting 5% but when rates really started dropping in 2008-2009 i looked to get it in something better. i purchased 4 rental homes for income. the very same week i closed on house #4 i was laid off work, ive been collecting unemployment and rents ever since. now that my rental account has grown abit i started to look for somewhere to invest the funds in since the bank only pays 1% and the dollar is devaluating.
i stumbled on silver and it looks to be a decent place to preserve capital and possibly make a few bucks on, i dont hold any gold and dont plan to with the prices as they are, i do plan to pick up another several hundred ounces of silver.
i am planning to pick up another rental soon, just gotta find the right one at the right price now, since i bought my last one last september prices in my market have gone up 15-20%. properties that i had paid 75-90K for are now selling for 90-120K.
nice place you have here and since im thinking of money at least 22 hours a day i'll probably be hanging out a little bit.