Tuesday, June 30, 2009

Invest In Coins

Investments are a tricky business and require a lot of knowledge, for the most part. They also require a huge capital outlay, especially for real estate, that most of us do not have. Stocks also require quite a large amount of money, and need constant monitoring.

For small investors, mutual funds pool the resources of different individuals in order to invest in stocks, bonds, the money market, securities and more, and are often overseen by a someone who's knowledgeable.

The problem with most investments, whether big or small, is the difficulty in transferring to a different name whenever you want to. It's also difficult to pass on when the investor passes away. Worth considering too is the fact that these are subject to inheritance taxes which slices off a big percentage when that occurs.

That's why it's also worth it to invest in different instruments and to also consider investing in smaller, non-traditional investments like jewelry and rare coins. Of course it's best to get coins from reputable coin dealers like the Monex Group of Companies, who have been operating for 40 years, and not from any fly-by-night sellers who might just give you fake coins and run away with your money.

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A part time ophthalmologist, part time micro business owner, part time graduate student and FULL TIME MOM struggling to find balance in the confusing world of multitasking :)