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Showing content with the highest reputation on 28/03/16 in all areas

  1. 4 points
    I would also add on a personal level that the greatest thing you can do to building long term wealth is to understand that you must consistently live within your means (spend less than you earn, save & invest the difference) and to have other interests that are completely outside the realm of finance and business and cost you nothing (or very little) to pursue but which give you back some tremendous sense of self-esteem. After all, the idea of wealth is relative to each of us, and if you are used to living on £1m a year then your idea of wealth is different to someone on £20k/year. That can be something as simple as gardening, or walking and enjoying the countryside. I have personally done a lot of running and endurance sports in the last few years which have been incredibly life-enhancing. For all the money that I make every month, my own personal life highlights have been when I have crossed the line in some particularly challenging endurance races - feelings that I will remember for all my life. I have also found that the life lessons it teaches are incredibly valuable - eg, people often overestimate what they can do in a day or a month, but underestimate what they can do with consistent application over 1-2 years... never mind 10-20 year. I daresay that I have surprised a few of my friends with what I have managed to accomplish, but it didn't about come about in a single day. It comes from educating oneself, doing what you know needs to be done, and doing it consistently.
  2. 3 points
    Exactly. Besides the official state mint offerings, there is thriving independent industry in China producing some wonderful high quality medals. By the nature of the metal, brass IMHO is the best medium for these and enhances the details well beyond what silver is able to achieve http://www.oyy888.com/ is a link to the Society of Chinese Medal Collectors and from what I can gather is both a marketing platform as well as quasi regulatory body in respect of designation of serial numbers for releases etc. as well as monitoring sales numbers. Page is available in Mandarin but google translate does a fair job Picked up this little feller last week. Also I have attached an applicable listing on taobao.com to Chinese medals and which gives an idea of what is available and the cost Will I see a profit on this medal and a number of other similar medals I have bought ? -probably not. But at the end of the day the quality and craftsmanship in these medals IMHO cannot be surpassed and I like them https://acmcdtz.world.taobao.com/search.htm?spm=a312a.7700824.w1006-3601284087.14.6GIV3G&scid=643980629&scname=%BC%CD%C4%EE%CF%B5%C1%D0%B4%F3%CD%AD%D5%C2&checkedRange=true&queryType=cat
  3. 2 points
    I can't believe that people still preach Rich Dad/Poor Dad when Kiyosaki has been exposed as nothing more than a fraud and a scam artist. I would highly recommend the book "The Richest Man In Babylon" which is considered a classic text on how to accumulate wealth slowly. It is from the 1930s and of course the lessons are timeless. As a bonus for those on this forum, as it is a parable set in ancient times, it talks in terms of gold accumulation rather than fiat denominated assets. it's actually free here:
  4. 2 points

    Today I bought.....

    Good day today, Went to the Giant Fleamarket in Shepton Mallet. Picked up an 1893 Veiled head Half Sov for £105, (less than HGM prices) and came back to find a cheeky bid I placed on an Ebay auction that finished during the day had been successful. So I won 570g of sterling silver spoons and ladles for a princely sum of £147, or in old money that's 16.95 oz at £8.67 an oz. Well thats me done for the month, all PM money has been maxed out
  5. 1 point
    The vast majority of silver buyers in the jewellery quarter pay 88% of spot, give or take 2%.
  6. 1 point
    On going education through life Invest in as much of yourself as you can, you are your own biggest asset by far You will never get a better return on life than when you truly invest in yourself. Stay healthy on all three planes: mind, body, spirit. You only get one mind and one body. And it’s got to last a lifetime. Now, it’s very easy to let them ride for many years. But if you don’t take care of that mind and that body, they’ll be a wreck forty years later, just like the car would be unmaintained Be mindful about improving yourself, ongoing & forever Never stop learning. Most people think that real learning ends when school is over but they are selling themselves way short, it just starts. Lose getting told what you have to learn in school in your teens and follow what interest you or your passions Life should be about continuous learning, and there are many ways for you to do this: * Attend conferences, seminars, and meet-ups, silver based precious metals forums * Take a free online courses. * Talk to people and ask them questions (listen more than you talk). * Research new something you are interested in. * YouTube is perfect for learning not just watching cats doing funny things * Try to read a book every few days/week * Learns the basics of a new new language or revisit those you learnt at school
  7. 1 point
    But not everyone is an entrepreneur. In fact, most people are not entrepreneurs. They are happy to provide an honest day's work and get paid for what their labour is worth, but taking on business risk is not something that they are cut out for. They would rather work for someone else. Maybe they won't provide an great idea and make a million quid off of it, but they are happy to provide value for value, and that is a completely understandable position. The idea of savings, and accumulating wealth and providing security to your children and family in the future should not be one that is only open to those willing to take on business risk.
  8. 1 point
    When it comes to marriage, I'm quite happy with Pay As You Go, I don't want a contract. If it floats, flies or fornicates it is much much cheaper to just hire it by the hour. Why would a good looking, stable, child free, good shape, good earning man want to saddle themselves with the same girl for life is just plain crazy, especially as their looks/figure begin to go through their 30s as she begins to turn from elegant to elephant Men age like a fine red wine, women age like a bucket of rotten fish heads left in the sun
  9. 1 point
    As with everything in life what we are fed by society, media, teachers, parents & TV is a crock of horse poop 'Normal' is Go to school, study & get good grades, turn up on time, listen to authority (teachers & parents), don't question anything, don't have an opinion on anything, dont be the black sheep of the herd, be a nodding automaton Go to uni, get shed load of debt & graduate, Get a good job for a big company, jump on the hamster wheel of life & debt servitude paying back your student tuition fees, student credit cards and student loans Be reliant on 'someone else' for your income/job or state benefits for your house/income Be time indebted to your job/family/kids/wife/debt servicing so you don't have free time to learn new skills, gain more education etc. Get married (have the sword of Damocles hanging over your nuts and be on the hook all your married life the chance of loosing half your life efforts when a woman can issue a 'i'm not happy' no fault divorce. 42% end in divorce, would you buy use a parachute if it had a 42% chance of failing ? Have kids which will cost your £250,000+ in your lifetime to service and bring up. Save as much as possible in the ISAs/savings at awful % interest rates/stock market and chance your future on some city of london spiv to gamble/chance Max your pension contributions Use credit/loans/catalogue/HP as normal & the right thing to do Buy depreciating assets like clothes/cars/tv/smartphones Buy as much debt in a house as property values only ever go up Clip coupons to save money. . . then, someday, when you are, oh, 65 years old, you will be rich, happy and enjoy your retirement. ..........WRONG, WRONG, WRONG on so many levels. Do the opposite to all of the above and you will live a long, fruitful, stress-less, fulfilled life, you'll always have cash in the bank, time on your hands, be in good mental and physical health. Low stress. You can enjoy your retirement on a shoe string budget as your have chose not to consume the crap society tell you what you should do. You will have the sufficient skills to still hustle an income through your retirement together with what you've saved as you will be in good health and zero debt
  10. 1 point

    1oz Queen's Beast Lion

    One a year is good news for people with small budgets like me Thanks
  11. 1 point

    Today I Received

    Nice. I'm collecting these on and off and I now see I have another competitor to worry about @motorbikez has them all of course and can tell you all about them. They were minted in 2004 and 2005 as well but only issued in 2 coin sets.
  12. 1 point
    LOL, A list as long as your arm, I can tell you. But the main one, is never take anything for granted. Just because you are earning good money now, don't expect to earn good money all the time. I can guarantee sometime in the future it will all go pear shaped, and you will wish that you'd put a little extra by, instead of going on the extra holiday or buying that slightly more expensive car, or spending a fortune on that good looking lass, hoping she'll jump in bed with you.