TheRichSolutionsBlog

how do i start my collection? i have about $80 and 2 silver dollars, a liberty dollar and a penny fron 1919

I am not sure what you mean by a "liberty dollar" as all US dollars have the word LIBERTY on them. You can start buying rolls of coins at a bank for face value and look for valuable or interesting coins there. When you are done, you just exchange the rolls though you may want to check with the bank for their policy regarding this practice. The Red Book in the first link below is always a good starting point. You might also search for a local coin club at the second link below. Coin collecting can be fun, but it is not for everyone. I hope that helps.

Seems like a Gold Bubble is happening. Gold is 5 times the price it used to be years ago…

The price of gold is valued in dollars. The price of gold has not risen 500%, the value of the dollar has fallen 500%. It’s actually much worse than that.

You are not going to find any double eagles in circulation, because of Gresham’s Law.
But you can read about them here and see I am not making this up:

http://en.wikipedia.org/wiki/Double_Eagle

The double eagle contains .96 ounce of gold, and is face valued at $20. Now an ounce of gold sells for approximately $1100, which is 5500% higher. Is this gold’s fault?

I wish I had more dollars, I’d like to buy more gold.

Grandpa

I’m planning to buy an investment property when I’m 18 (16 currently) and rent it out. I’ve brought up the topic at school and some friends have expressed some interest. When the time comes should I buy the property with a friend? the worry I have at this is when the property appreciates in value, we might have different idea on what to do with it.

What are your thoughts? would you do it?

Make sure that you have agreed what your business plan is before you enter into the agreement with your friend. If it is to buy and then sell on when it appreciates, have this written into the partnership agreement so that when the time comes, no matter if one of you has changed your mind, you are bound by that agreement.

I have also found a lot of useful resources for property investors here which may help you see what you are getting into before you put any money down on a property.

How come cons only offer obstruction and no alternative? How are we going to be able to handle over 50 million uninsured Americans? Health care costs that are sky rocketing, bankruptcies due to health care costs through the roof, emergency rooms with 12 hour plus waits for urgent problems…..

Or do cons think there is no problem and feel like sticking their head in the sand and protecting the rich and corporations is what is best for America?
Notice no solutions are being offered…come on in your own words people give me the fixes.

The Cons do, but the libs won’t even consider their ideas and they go forth with a plan that very few Americans want!!

I have a coin collection that I want to keep track of. Is there a FREEWARE program that is made for Mac that can help me out? I have to many coins from to many different places, it’s hard to keep track of them all.

Here are two software download links however I do not know if they are any good. Another option is the third link where you can register and track your coins in the website database of world coins. I hope that helps.

I have a friend who lives in ghana, and he thinks that he will not get the current market price for his gold there

gold prices are internationally set so you should get about the same rate in any country, the main difference will be the jewellers charges. He should take it to several different stores to find the best price

I want to be wealthy, I hear about so many people who came from poor backgrounds who are now millionaires & billionaires. When I read books on investing, wealth building etc it always talks about investing in real estate or something else that requires more money then I currently have.

How can an average person like me become wealthy or at least very financially comfortable in 5-10 years? I’m a single parent that is tired of living paycheck to paycheck, I want financial freedom. Not sure where to start if I only have $200 bucks to invest.
Not interested in scams either.

Good advice appreciated. Thanks!

To be rich, you need to be smart. I understand you might have a lot of money but there are ways to make yourself rich. First of all, look at your expenses and eliminate unnecessary expense. Do try to learn to budget your income because its very easy to spend it without realizing it. A couple of dollars saved a day translate to a saving of more than 1000 dollars annual. (more than enough to buy a treasury bond). For your investment strategy, look into mutual fund. Some of them probably allow you deposit minimum of 500 so that’s not too hard for you. Regularly put it in a mutual fund (which you can the sector the fund is in, which gives you exposure to bond markets, money markets and stock markets). Remember first step to become financially successful is to control your spending. Second is to make your money work for you (investing it to make more return).

Let’s face it, the rich people get tremedous benefit from being in a society that helps make them rich, which is why there used to be progressive tax rates. And it’s the rich people who have the money, so that’s where you go to get money to fund the government.
But conservatives don’t want those taxes, so her is my solution: sell off stuff from art museums and Smithsonian Institute ect to those rich people. Replace the real thing with replicas, stupid museum attendees won’t know the difference. And I’m talking big ticket items, paintings, sculptures ect that could bring $200 million a piece.
Actually, there have been several paintings wwhich have brought over $100 million. Getting $200 million for select masterpieces is quite realistic.
Based on my my research you can have a top tax rate of 44%, which would cut most of the deficit, yet is far less than the progressive rates before 1980.
why are conservatives such turd idiots with stupid slogans and retard analogies? tons of hard working poorly paid and lazy rich trust babies to blow away your stupidity.

What amazes me is how those crazy rich conservative snobs think they worked hard to get rich. They didnt work hard. Their great grandparents probably did, but they sure as hell didnt. Rich people need to be taxed more cause they haave a shit load of money, and yet they are taxed nearly the same as people living in poverty.

With medical expenses raising each year, cost of living and general day to to day living, what annual income or % of your current income would be enough for you to retire? Are you building wealth?

I’ve used this metric for years — it’s called FTI (for "F*** This" Index, ha ha):

FTI = Age * Net Worth / Yearly Expenses

When your FTI passes 1000, you’re probably good to retire. As you age, the number goes up because you have fewer years to support yourself. Obviously, a higher net worth and/or lower yearly expenses help, too.

It’s not terribly precise, but it’s useful for measuring your progress.

Good luck,

Doug

wealth products includes mutual fund,life insurance,gold,ulips etc…..this is for ma final project of bba degree…..plzzzzzzzzz anyone help….
i am doing ma research in indusind bank…and i wanna collect information from various banks like sbi.hdfc,axis,federal bank,icici etc…..
the questionnaire is meant for investors…whereas a questionnaire to the bankers are also neede…plzzz help.

You get an "F" in spelling, grammar, and punctuation.

plzzz help me understand what the heck it is you’re doing, ma brain neede help.