There is a Silver lining in the economic cloud
I remember when I was a kid I used to sit with my father looking at his coin collection and listening to the stories of where he got each one of the coins. He had so many unusual coins in his collection, all with fantastic sentimental value because of the story associated with them.
When I was 18 he gave me a gift I hoped to have with me for the rest of my life, a Gold Coin worth $300 at the time, these days it would be worth a heck of a lot more, but unfortunately it was stolen from me when I shared a house with a bunch of people.
Just recently a good friend of mine, Carl, who you may remember as my team mate when we created and launched HavAds, contacted me with some interesting ideas. You see Carl was once a precious metal dealer and, back in 2005, he suggested I buy as much Gold as possible because it was going to raise in value dramatically. Well I could take advantage of his advise, and I will admit I wasn’t sure if he was going to be right. Haven’t I ended up being the silly one??? Well on Thursday he contacted me again with another piece of advice. He told me to start purchasing Silver for two good reasons, one, it’s affordable, and two, it’s going to increase in value. Do you think I listened this time? You bet I did!
There are 3 other reasons Silver is a good investment.
1. Silver is not reportable to any agency.
2. Silver is non taxable.
3. You NEVER have to report the sale of YOUR SILVER!
Take a look at what Robert Kiyosaki and his Gold and Silver Expert Mike Malone had to say earlier this year.
Want to find out how you can get your own REAL CURRENCY?
CLICK HERE to find out before you miss out like I did with GOLD.
Regards,
Ian
If you like what I post on my blog and you would like me to post more, could you grab me a coffee to help stay awake? A coffee usually costs $3, but everything helps :)
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great tip! didnt gold go up like $80 in the last couple of days?
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Great advice. I didn’t know silver is not taxable. Thanks very much Ian!
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This is really excellent. I have a lot of rare coins that were worth a lot back in the early 90’s. I am going to check out what they are worth today. I would be really angry if I lost them to my roomates. This was a great post.
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Hey, does this mean I can get paid in silver rather than dollars? That would be the one solution to avoid tax.
verderockss last blog post..Access improved to Cape Verde property from this summer
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Nice tips. I never think about silver investing. But now i am thinking to invest in it. I like benefits like saving taxes etc.
On internet there is a few sites which offers it. So it has no popular concept.
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Hey, does this mean I can get paid in silver rather than dollars? That would be the one solution to avoid tax.
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Investing in silver , gold and precious metals in general at least to some measure is a good idea, especially in times like these
Investing in Golds last blog post..Investing In Gold Coins
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Ian Reply:
November 18th, 2008 at 7:19 am
@Investing in Gold, I agree and have started buying Silver Coins from a few mints. I still highly recommend people consider buying Silver Coins, even as an investment for your children. Sure the price will go up and down, but Silver will eventually become harder and harder to find. http://YouNeedSilver.com
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