Durston Design

 My grandfather has always been a collector of American Gold Coins. He has them displayed in a beautiful coin case and is able to tell us when he purchased each and every one of them. Usually he purchased them for special occasions, such as each of his grandchildren’s births. He has shared with each of us which coins we will inherit one day. Knowing how special these coins are to him, makes them special to us. His most recent purchase of one was when my daughter had her first child, my first grandchild and my grandfather’s first great grandchild, a little baby girl.

It today’s world there are very few things that are guaranteed. More and more people are investing in gold which is a very smart choice. Yet, all too often, people overlook the value of Residential Investment Property. This type of investment is always good if you can afford to make the mortgage payments when the property is unoccupied. If you cannot, then don’t invest at this time. This will be something only you can decide. If you can make these payments, the price of houses is rock bottom and you can get a great deal on a house and pad your retirement savings by renting wisely.

My wife has decided that we need to purchase a Single Premium Immediate Annuity although we are not scheduled to retire for a minimum of another ten years. She wants to do this because we just received an inheritance from an aunt of hers who passed away. She is scared we will blow the money instead of using it wisely. I don’t disagree with her in every respect, but I think we should put the money into a CD or some other investment vehicle for the next ten years. That would be smarter in my eyes. We have an appointment with our financial advisor tomorrow to see what he thinks.