Cash
2006-09-10 21:16:14
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answer #1
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answered by Celebrity girl 7
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You shouldn't invest in either. You should invest in an investment vehicle such as stocks or bonds. Both will pay higher returns than cash, and be much more liquid than coins. It all depends on how long you want to invest, risk tolerance, etc.
Coins can be a very good investment. I have many that have appreciated over 10% a year for 20 years now. However, you will always get taken by buying coins from people selling them as investments. The coins that will appreciate and will always be in demand are not easy to find, and in never enough quantity for a promoter to buy. Coin collecting is a great hobby, and can be a good investment, but you have to educate yourself first. If I wanted to invest in American coins, I would buy "key" dates of popular series, like an 1877 indian head penny or a 1916d mercury dime. These coins will always be in demand, unlike a lot of that crap that people sell to unknowing people.
2006-09-11 11:39:11
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answer #2
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answered by medoraman 3
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Coin collecting is all right as a small hobby, just for fun, but forget about investing in coins. That is a scam in which the only people who make money are the coin dealers ... and the right-wing talk radio hosts who peddle their junk.
2006-09-11 04:15:44
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answer #3
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answered by Jim 5
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Coins.
2006-09-11 04:15:12
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answer #4
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answered by Anonymous
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coins, naturally
2006-09-11 05:03:35
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answer #5
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answered by avril r 3
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preferably cash
2006-09-11 04:16:42
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answer #6
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answered by Anonymous
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You should put your money into a CD and let it build interest.
2006-09-11 04:18:06
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answer #7
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answered by Lov'n IT! 7
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i'd say do both its always good to diversify
2006-09-11 04:19:16
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answer #8
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answered by knowitall 3
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