[trillabodilla]

Dear FReepers in the know- my husband and I have a bit of cash set aside. Will it be worthless in a few years? Should we buy land with it? Gold? Silver? I’m sorry if I sound clueless but, you know, we just work and save our little dollars, but I don’t want to turn around one day and it’s gonna be worthless.

[Roccus]

Retired, but in the same boat. Asset preservation with decent liquidity is becoming a tough thing to find.

[maine yankee]

Find a coin dealer in your area that buys and sells ‘junk’ silver. Most buy and sell very used coins based on their silver content. These are coins pre-1964, most of which were 80% silver. Do your homework as to what a silver coin is worth in terms it’s silver value rather than it’s face value. (Factor in sales tax if your dealer charges it)

A website that helped me understand things better in the beginning was;
http://www.coinflation.com/

Hope this helps.

BTW, you may not be able to buy groceries with a krugerand, But most will know a real siver dime when they see one.

[Atlas Sneezed]

Dear FReepers in the know- my husband and I have a bit of cash set aside. Will it be worthless in a few years? Should we buy land with it? Gold? Silver? I’m sorry if I sound clueless but, you know, we just work and save our little dollars, but I don’t want to turn around one day and it’s gonna be worthless.

---

I’d put 1/4-1/2 of it into silver NOW. Go to gainesvillecoins.com and buy “junk silver”. I’d put the other 2-3 quarters into silver each month thereafter.