What investment has all ten of these characteristics?
1. Will never go down in value.
2. No minimum investment.
3. Guaranteed by the U.S Government.
4. No commission to buy.
5. Extremely liquid, more so than stocks, bonds, or even CD's.
6. Limited availability, creating scarcity, which even with constant demand can create a rising value.
7. Easy to transfer to relatives and heirs.
8. Easy to sell.
9. Makes a great gift.
10. Can be acquired at numerous locations.
Have you figured out what this investment is? It's the new $1 "gold" dollar coin that the U. S. Mint has just released. Every three months, a different president will be featured on the coin, starting with George Washington. After three months are up, the coins for that particular president will no longer be minted and the minting of the new presidential coin will be released [see characteristic number 6 above].
Author does not own any of these coins yet, but plans to.
Where can I buy this coins from ?
ReplyDeleteThese coins are available at all major United States banks.
ReplyDelete