LIVING OFF DIVIDENDS & PASSIVE INCOME

Bought a 1 ounce silver dragon coin on Ebay. Its a beautiful coin, minted by the Perth Mint in Australia. [As I mentioned in a previous post, I'm a big fan of the Perth Mint's Golden Lunar Series.]

Don’t know why I bought it. Maybe its because I like shiny things. I think silver prices might jump 50% over the next 3 years but the 1 ounce silver is current worth about $9.25 and the coin was just under $20 with shipping and insurance. I definitely won’t make my fortune with a $20 coin. But I guess its better than blowing money a DVD. Or is it??

Anyone else out there who likes collecting coins?

Check out my bookstore.
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• The End of Cheap $1000 Gold? Today’s guest post comes from Bruce, CEO of Superior Gold. Last year I wrote an article for Living Off Dividends & Passive Income outlining 10 reasons why gold would break $1000. It was a conservative estimate at the time, which was achieved later in the year. Since then the Dow......
• New BMW Concept Car Unveiled The BMW just unvieled it's new concept car, and its rumored to be the new 8-series. Very nice! The CS feels like an evolution of that philosophy with sharper edges and swoopier surfaces all around. Underhood we’ll find a 6.0-liter V12, which is essentially the M5 5.0-liter V10 with......
• What Happens When Demand for US Debt Dries Up? Over a year ago, I wrote about China threatening to stop buying US Treasuries. According to an article in the New York Times, it now looks like China is losing it's appetite for US debt : In the last five years, China has spent as much as one-seventh of its......

• Investing In Gold – Is Now the Right Time? Rachel writes in with the following question about investing in gold: I enjoy reading your blog about wise spending. I have a question and I’m not sure who to go to. My husband is interested in investing in gold. What are your thoughts on investing in this direction? Do you......
• linklings, a brief lack of excess stuff edition One of the best things about moving is that it thins out your possessions. Our neighbors had a yard sale and asked if we needed to sell anything. After moving, not really! Almost everything we didn't need any longer already went to charity, friends, family, was sold or (unfortunately)......
• Silver Bullion Coins Coins & Paper Money -> Bullion -> Silver People buy silver bullion coins for a few different reasons. Some buy them because of the precious metal content as an investment and buffer against inflation. Some people buy them because they fear that one day our popular currency will become worthless,......

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