Thinking Of Robbing A Bank?
![[Edison Universal Stock Ticker Machine]](http://www.livingoffdividends.com/wp-content/uploads/2008/01/edison-universal-stock-ticker.jpg)
If you’re thinking of robbing a bank, you’ll probably get less than $50,000 and more than likely get shot in the process. The more well-read crooks among you might instead try the Museum of American Finance, located at the site of the original Bank of New York building dating to 1797. And its only a block away from the New York Stock Exchange, home of some of the biggest crooks on earth! Okay, maybe I’m being slightly facetious here (or maybe I’m not!).
Apart from containing a host of educational financial stuff like original stock certificates, an Edison ticker tape machine, and jars of various commodities, it also contains a 60lb bar (or maybe slab is a better word) of gold. If my math is correct, 60lb comes about to 846.395 Oz of gold. Not sure what the purity is, but if its 99.999% then at todays price $890/Oz, it’s worth $753,291. Much better takings than at a bank!![[60lb gold bar]](http://www.livingoffdividends.com/wp-content/uploads/2008/01/60lb-gold-bar.jpg)
The Museum of American Finance recently reopened after a $9 million makeover. The next time I’m in New York, I’ll try to visit it.
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
-
Gold breaks $1,100: Does It Matter? Last week, gold prices briefly touched $1,100/oz before settling just under that number. Apparently the Indian government decided to sell US dollars and make a 200 ton gold purchase from the IMF, which created the spike in gold prices. Right now, the spot price for the yellow metal is $1,106....... - Are Stocks Better Than Other Investments? There's always someone at a party who's claiming their investment asset of choices is the best. In 1999, it was stocks. In 2005, it was real estate. Right now, I'm claiming its Canadian Income Funds and commodities like gold. But is there an investment that's actually better than something else?......
- Have Gold Prices Peaked? In case you were asleep, last week saw gold break all records and almost closed at $900/Oz. I still think its a good time to buy for long term investors. Lets see what other investment advisers think. According to Merill Lynch, we're already in a recession and according to Richard......
Related Websites
- How to Stop Living Paycheck to Paycheck Right now, more than 80% of households in the United States live on a paycheck to paycheck basis. This means that a lost job could result in financial disaster for a large chunk of the population. Once you get into the trap of relying so heavily on one paycheck, it......
- Results From a 4.25 Year Asset Allocation Experiment City Girl 's Financial Blog has reminded me about asset allocation. Not that one should ever forget about asset allocation, but I forgot about July 31, 2002. It's when I decided the market was at a low. I picked that time to start a Yahoo Finance Portfolio of $100,000 to......
- American Demosclerosis: Borrow & Spend the New American Way Call me a cynic, but if ever there is a better example of how demosclerotic the "greatest country in the history of the world" [via Mitt Romney] really is... Top senators from both parties indicated Sunday that a deal was likely soon on temporarily extending Bush-era tax cuts for all......
[All content is copyright of Living Off Dividends & Passive Income]
January 14th, 2008 at 3:23 am
These are not crooks on Wall Street, merely opportunists.
Why wouldn’t you steal as much as possible, knowing there is little or no chance of prosecution by this federal government? Hell, that ego-centric, incompetent, moron in the White House actually attended Ken Lay’s funeral.
Take a peek at the extremely long list of present day Republicans (in government and business) that are in or going to jail, and understand it represents a very small fraction of those that should be.
Need I say more.
P.S. To you limbaugh/o’reilly/kudrow/hannity sheep out there, don’t bother pointing out the very few comparable dem’s. They’re not the ones that spent the last seven years using their power to financially screw their own children and grandchildren. Although they are culpable for being outsmarted at every turn.
Try putting America first. Go Independent. You’ll feel better about yourself.
January 14th, 2008 at 5:37 am
Robert,
You’re correct. The real crooks are the ones that misuse the trust and power they’ve been given; the no-bid contracts in Iraq, the HPV vaccines that the FDA knew were useless, the legislation of useless bills designed to protect a small segment of society to the detriment of everyone else.
Those are the real crooks. I stand corrected.
January 14th, 2008 at 5:37 am
Robert,
You’re correct. The real crooks are the ones that misuse the trust and power they’ve been given; the no-bid contracts in Iraq, the HPV vaccines that the FDA knew were useless, the legislation of useless bills designed to protect a small segment of society to the detriment of everyone else.
Those are the real crooks. I stand corrected.
GO RON PAUL!