Posts by ruggedlynx5

Look, gold is basically just an investment meant to keep your value steady over the long haul. We're talking 10, 20, maybe even 30 years down the line.

My whole game plan is to make a living just trading, and then take whatever "extra" I pull in and dump it into gold, you know? Just to keep it safe and watch that little pile grow.
It’s definitely easiest if you can just buy stuff online and have it stored right there at the dealer, but I guess what's most convenient isn't always the best deal for your wallet.
If you can swing buying a little bit every single month, it eventually just becomes a habit, and before you know it, that pile starts getting pretty big.

Michael Morgan5 said:Every year, they drop a new series of Philharmonic coins, and each one is distinct based on its mint date.
The current year's set usually carries a slightly higher premium—maybe a few bucks more than the older ones—but honestly, when you go to sell them, it’s mostly a wash, unless you’ve got a damaged gold coin on your hands.
If you’re just looking to pick up a couple pieces for yourself, I’d say sticking to what Michael Morgan5 suggested is your best bet for value.
Keep in mind that the coins will always command a higher price than the bullion bars because they carry a face value; they function as actual legal tender, which means you’ll get more back when you sell.
I’m a bit lost on your first question, though.
Are you asking about the image on the coin?🤔

Look, give it two years and the price is gonna be dead even for last year's, the year before, and this year's set, so just don't ever buy the current year's release. Wait until next year and grab 'em then. ☕

wearyotter36 said:That recent climb from $1200 to $1400 over the last few years hasn't really tracked parallelly—which probably just means there’s plenty of supply out there to keep up with demand.

Some guy mentioned that silver follows gold with like a seven-month lag. If you're actually paying attention to this stuff, maybe go check if there's any truth to that. ☕

brightharbor20 said:Actually, you've got it backwards, they aren't losing anything at all... Here's how the game works—a homeowner decides to sell for $100,000. Some agent hears through a friend of a friend that the place is up for grabs, tracks them down, and pitches it like this: "Look, our agency will list this for $115,000. The buyer will try to haggle, so we'll drop it to $110,000 (buyer feels like they won, even though it's way higher than the original price). The buyer pays that 3% fee, which is about $3,500, and you pay your 3% too, but even after that, you still walked away with more than your initial $100,000." So really, it's the buyer paying both commissions, and the seller didn't have to lift a finger because the agency handled everything... Sucks for us buyers, but that's just how it is. Don't see it changing anytime soon.

And then the house just sits there forever because the price is totally inflated and nobody even wants to look at it...

Mark Martin10 said:Is this actually real? Agencies charging buyers commissions? What the hell? Pardon my French.

Is there even a law for this?

If not, people are getting scammed.

Sellers pay the commission. Not the buyers. Look, if I'm selling my house and decide to go with an agency, the agency lists it and finds a buyer—then I pay the agency. What logic is there in making the buyer pay a commission??????????????

Why do sellers even agree to this crap? It just means a huge chunk of potential buyers who might actually want to see the place won't bother because they don't want to (rightfully) pay a fee.

Trust me, this is just another one of those weird American quirks.

Where I live abroad (yeah, yeah, I know, typical thing for someone living overseas to say), the commission is paid by whoever hires the agency.

If I hire an agency to find me a house or an apartment and have them check all the ownership details and everything else, then I'm the one paying the commission. Same goes when I'm selling.

On the other hand, there are specialized websites where only members (agents) can list stuff.

Is this temporary thing still going on? 😢