The Power of a Penny

I think we all dream of it… walking through a yard sale and discovering a rare Picasso that the owner was sure was a fake.

Or maybe it’s a personal letter from George Washington tucked away in the attic of a house you just purchased.

Personally, I was always hoping to uncover buried pirate treasure – though highly unlikely, considering that I grew up in Kentucky rather than near the coast.

Earlier this year, one man uncovered a rare penny buried in a parsnip field in Nottinghamshire that is expected to sell for £15,000 (approximately $18,280) at auction on March 15. The penny was minted during the time of Viking king Sihtric Caoch roughly 1,100 years ago. And despite being buried in the ground for more than a millennium, the coin is in extremely fine condition.

But you don’t need to head to the rolling hills of the U.K. with a metal detector to make a nice profit in rare and ancient coins. There’s actually a much easier way to grow your wealth…

To properly introduce you to the world of investing in rare and ancient coins, I’ve gone in search of an expert.

Geoff Anandappa is an investment portfolio manager for Stanley Gibbons Ltd., the world’s leading brand name in collectibles, based in England but with offices in London, the Channel Islands, Hong Kong and Singapore. The Stanley Gibbons Group includes the world’s oldest rare-stamp merchant (established in 1856) and philatelist to British royalty since 1914; and the U.K.’s largest coin dealer, A. H. Baldwin & Sons (established 1872).

Jocelynn: I think most Americans are aware of the impressive size of the American coin market, particularly with regular stories hitting the newswires about rare American coins selling for over a million dollars. But are there other markets that investors should be paying attention to because of their growth?

Geoff: Rare and early coins from increasingly prosperous areas around the world are rising in demand from collectors in search of a piece of history. Coins from Eastern Europe, such as Russia, Poland and Hungary, have seen some prices increase tenfold in the past decade. Coins from India and the Middle East, long ignored by Western collectors, are now of intense interest. Even traditional collecting areas – such as ancient Greek and Roman, as well as Western European and British coins – have increased over fivefold in the past decade.

Jocelynn: Where is this price growth coming from?

Geoff: Some of this demand has been stimulated by the rise in the price of gold and silver – but the bullion value of rare coins is far surpassed by their numismatic value. Far more importantly, collectors have recognized the rarity of coins in exceptional condition, and so the premium for such coins has escalated accordingly.

Jocelynn: If many of these areas are seeing such growth, should investors be worried about these rare coins being overvalued?

Geoff: Despite the strong demand and price rises, these rare world coins are still very much undervalued when compared to their U.S. counterparts. The size and prosperity of the American collector base, coupled with the relatively small number of rare coins, means that U.S. rarities go for 10 or 20 times the price of equivalent coins from England or ancient Greece and Rome – and perhaps 100 times the price of their Asian or Middle Eastern equivalents.

This discrepancy offers a unique opportunity for U.S. investors to diversify their collection with rare world coins that are seeing substantial and steady growth in value.

Jocelynn: When it comes to American coins, I know that the grade is very important in understanding the quality of the coin, and hence, its value. Does the same grading system apply to significantly older world coins?

Geoff: Most coins sold in North America are graded on a scale from 1 to 70 by independent grading services such as Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC). This may be possible for more modern, mass-produced coins. However, grading is much more difficult and becomes more subjective with older coins – especially hammered coins where the quality of the strike makes each coin unique, even before any wear due to circulation is taken into consideration.

In England and Europe, there are essentially four grades of condition: Fine, Very Fine, Extremely Fine and Uncirculated (“Fleur de Coin” if exceptional). The terms “Good” and “About” can qualify these grades. Thus, Good Very Fine (GVF) is better than Very Fine (VF), which is, in turn, better than About Very Fine (AVF).

Jocelynn: Do you have any advice for someone who wants to start adding rare world coins to their collection? Where do you begin?

Geoff: Unless you wish to start collecting coins rather than investing in them, it is not advisable to try to put together “sets.” Often, a set will include less rare coins that are not of investment quality, and therefore less likely to increase in price. Additionally, a set of similar coins will tend to rise (and fall) in value at the same rate. Instead, concentrate on finding rare coins, in the finest condition, from a range of different collecting areas. All of the coins should, in time, show a good return – with a few showing exceptional returns as new areas become more popular.

Wealth Solutions in Uncertain Times

We’ve only just scratched the surface when it comes to using collectibles to increase and diversify your investments. Collectibles, or what we often refer to as “quiet wealth,” are a way of protecting your assets not only from upheaval in the market, but also from the uncertainty we are facing with a government that has accumulated more than $19 trillion in debt and is militarizing our police force.

Proper planning now will not only work to protect your assets as America struggles to find its footing again, but it will also help you sleep well at night knowing that you chose to diversify your investments outside the volatility of the market.

10 Essential Investor Tips For Successful Investing

Trading and investing into the financial markets has never been more popular. More and more people are starting to see the benefits of taking a little time to, first invest in themselves through a trading and investing education, but also using that knowledge on the financial markets.

Whilst traders may take quicker positions and investor will most likely be holding positions for much longer, perhaps months or even years. So, if you fancy investing into the financial markets successfully, and profit from companies you already know about like Google, Facebook or Microsoft, then these are the ten essential things that an investor must do and know before they start. Let’s take a look…

1. What are your goals?

It sounds simple but many people start investing into a trillion dollar market without any type of plan which, let’s face it, is essentially a gamble. Whilst it can be very simple to invest profitably for the long-term you must define your goals as this will align your expectations correctly, so you don’t kick yourself in the teeth if you don’t hit a million dollars in one day. For example, knowing whether you are investing for the next five or twenty-five years can make a huge difference to how you decide to invest.

2. Start early for compound interest

The single biggest reason to the success of most billionaires is the power of ‘compound interest’. Even Albert Einstein regarded this as the ‘eighth wonder of the world’. It basically means that your money makes you money as all the gains you make you put back into an investment so it compounds and builds over time. Sounds good right? It definitely is! The earlier you start the better but no matter how old you are it’s never too late to start but imperative that you do actually start!

3. Every little helps

No matter how little or how big you can invest, it is well worthwhile investing on a regular basis. It sounds so simple but most people don’t see the point in investing just $10 per month. However, if you look to the future by the time you’re very old that amounts to a lot especially if you parked it into some good investments over the years. Of course, most people have a ‘spend today and save tomorrow’ mentality and that’s the trap folks. Save and invest regularly to reap the rewards in the long run – you’ll be glad you did.

4. Diversify

It’s imperative to spread your capital across a wide range of investments to reduce your risk and increase potential returns over the long-term. Whilst some investments are doing poorly some others may be doing great, thereby balancing it out. However, if you’re fully invested into just one thing then it’s either 100% right or wrong. There are thousands of markets across currencies, stocks, commodities and indices so the opportunity is there.

5. Educate yourself

By far the most important tip. You must educate yourself and learn your craft. After all if you’re investing your hard-earned capital it makes sense to do your homework. Even if you read all the articles here and watched all the videos you’ll be doing far better than the majority of investing wannabes who simply give away their money to the markets.

6. Have practical expectations

Of course, we all want that million dollar investment and for many it will come at some point. But you can’t plan for that, if it happens great if not then you still need a plan to survive and to reach your goals as discussed in the first tip. Remember it’s the journey that’s the most beautiful part and what you do on a daily basis that makes the difference.

7. But don’t limit yourself

It’s important one must remain conservative in deciding which investment to take. However, that shouldn’t limit you to just what you know. Be creative and find opportunities no matter how uncomfortable they may be. After all if it was that comfortable everyone would be doing it. Be adventurous in finding opportunities but be conservative in deciding which ones to take.

8. Manage your risk

Successful investing is all about managing risk. If you have $1,000 to invest then there’s no point in putting all of that on just one investment. You’re basically saying it has a 100% success rate… which of course is highly unlikely. If you follow the steps above, like making sure you diversify, then you’ll be on the right path.

9. Review constantly

A very simple step to achieving more from what you are already doing is to review your investments constantly. However, this does not mean to look at your profit and loss of a five-year investment every single day – you’ll never make it to the fifth year as markets move up and down. But it’s important to review what investments have worked and have not worked. Concentrate on doing more of the stuff that has worked and find out where you’re going wrong with the stuff that hasn’t.

10. Have fun!

Sounds simple but most people forget that are best work comes from when we enjoy the process. Whilst investing is a serious process you are allowed to enjoy it too. In fact the buzz of finding an opportunity, researching it, investing into it and then seeing the result is exciting in itself.

Investing In Yourself: Why You Should Start Investing In Yourself

The word “investment” is thrown around in so many ways. The word is even used where it doesn’t exactly belong. So, why and how should you exactly invest in yourself? I am going to be explaining 3 great reasons why you should start investing in yourself and provide a couple ways to wisely invest in yourself as well as in your future! By the end, hopefully it will be clear how important it is to invest in yourself and to begin this investment today!

3 Great Reasons To Invest In Yourself

1. Confidence Building – Investing in yourself will give you a massive confidence boost. Knowing that you are growing yourself mentally or financially or any other way is an amazing and rewarding feeling. This can lead to being able to achieve personal goals, scout new ways to become better financially or romantically or whatever else, or even just advancing in your current career. This also allows an open door for you to have more respect and love for yourself because you realize the fact that you made a commitment to treat yourself with such things and are going to do so.

2. Higher Earnings – If you want to make the big bucks, you’ll have to invest in yourself. Before someone is willing to invest in you, you must first invest in yourself. If you do this educationally, you will be able to achieve possible growth in almost any industry available. Education is something you should never stop growing, learn as much as you can and watch as you reach potential you didn’t think was possible. Have you ever wanted to be rich?

3. You’re Worth It – The main reason to invest in yourself is because You Are Worth It! I try to get this message planted in the mind of my children because it is a very valuable lesson. You should never settle for being less than your potential can actually reached. Everyday should be a rewarding challenge to grow your potential to new heights. If you have the mindset that you are worth more than you have regardless of the situation, you will see massive growth in everything you do. This reason to invest in yourself is hands down the most important one.

2 Great Ways To Invest In Yourself

1. Educationally – There are all types of different ways you can invest in yourself educationally and it’s very recommended that you do so. Your brain can hold a bunch of information! Never fear education, accept and welcome it! Any seminars or work shops you’ve been invited to or heard about recently that you didn’t think anything of, well start thinking about them! I am not a real estate professional, I don’t even own a house paid in full at this time. However, I have been to countless real estate seminars just because I love being informed! If I ever do decide to grow a real estate career, I’m already prepared.

2. Financially – I understand that this one will be tricky especially if you have little available funds to begin with. However, if you want to grow your income level substantially then investing in yourself financially is an absolute must! You could do this with stocks, real estate, a business, or anything else that will bring you income. If you do this though, you need to look for Return on Investments! I personally don’t do stocks because I don’t see a good enough Return on Investment. Luckily, there’s plenty of other ways to invest in yourself financially with fantastic Return on Investments such as real estate or direct selling.

A Couple Final Tips

1. Make a 5 Year Plan – Have you ever done this during college or high school or maybe even had to tell a potential employer this during an interview? Well, people do this for a reason. Writing things down in general makes it easier to retain the information as well as commit yourself to doing what it is you wrote. So make your five-year plan and put it somewhere in which you will be able to see it daily! When stress overwhelms you, this plan will generally calm you down a little being able to realize you are exactly where you want to be in your steps of achieving your ultimate potential and goals.

2. Get The Ball Rollin’ – I’m a huge planner! I plan everything I do strategically. I plan exactly how I am going to make my coffee in the morning! Yes, it’s that extreme but I enjoy it! Planning is great, however, you must learn to take action! I was one of those people in which would think and plan everything but not get a lot done! I had to Get The Ball Rollin’ and after I was done planning, I had to start executing my plan!

Investing in yourself and in your future are very important if you are wanting to achieve big goals or dreams. Ask anybody who has achieved high success in anything and they will tell you how important it is and how much they’ve had to do it in order to get to where they are currently. Do not be afraid to put some money on the line for a potential reward later on. Just make sure that your money is going to something that will be rewarding and has a high Return on Investment!