Where can i buy silver bullion in fremont, california?
Written on October 11, 2009 at 4:35 pm, by adminHow to buy gold and silver?
Written on October 11, 2009 at 4:35 pm, by adminGold is a good investment if you are looking to buy and hold for the very long term. The issue with gold and silver as an investment is the tax treatment. They are heavily taxed when you sell them for a profit. So if you want them as a hedge against inflation, you are better off buying the actual metal in small quantities (<$10k each transaction) so you don’t create an IRS reportable “event”. The transaction costs are high (~6%) for the gold bullion from a reputable dealer but that is MUCH cheaper than the taxes (30-40%!) on your gain. You can rent a cheap safe deposit box and store them there. You do NOT need to worry about them “tarnishing” if you buy bullion. A reputable coin dealer can sell this to you. Look for dealers registered with the US Mint as authorized resellers of their bullion product. I started buying gold bullion in $800-$1000 quantities monthly a few years ago. I have seen, on average, a 30% appreciation AFTER transaction costs during this time. No one knows if this will continue, but I am not selling.
Investing in Australian Silver Coins
Written on July 28, 2010 at 10:00 am, by admin
http://www.coincollecting-values.com/australian-silver-coin/ for more about Australian silver coin investing. Popular series right now is based on the Chinese lunar calender as well as the the Kookaburra and Kangaroo.
Duration : 1 min 32 sec