I saw a book on Amazon.com about investing in rare coins for an early retirement. I won't mention the title, because I think it's against this site's Community Guidelines for me to ask whether or not you would recommend a product by name.
But basically the book claims to teach you how, by investing about $210 a month in rare coins, you could make enough to retire in about a dozen years. It's not an easy task, because apparently it takes a lot of research to find a coin that will give you a good return on your investment.
The book was published in 1998. I used AIER.org's Cost-of-Living Calculator to figure out that $210 in 1998 is worth about $265 today.
Well, I don't know much about rare coin collecting and investing. Would you be able to tell me if rare coin investing could really enable you to retire in about a dozen years?
Many thanks,
C.L.
2007-12-09
15:59:11
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9 answers
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Ccl471
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Investing