In order to understand what wealth can mean to a numismatist, it’s a good idea to start by defining numismatics for those of us, who have not come across this term before. The definition of numismatics is the study or collection of coins, money, and often medals. Therefore, a numismatist is the person who studies or collects coins, money, or medals. Numismatics did not start as a unique field of study until during the European Renaissance, when archaeologists would utilize coins as consistently datable evidence. This meant that numismatics could work as a parallel science to history, because the coins would often demonstrate the political, social, economic and cultural elements of a country, as depicted by the inscriptions, images and features of the coins. Numismatics can provide its followers with unique opportunities to invest in rare coins, which are a safe and highly investable market, a discussion point worthy of note later in this article, together with an invitation to join a Numismatic network. Therefore, as fascinating as it is to study this science from its different aspects, it is even more interesting to first review the following story of ancient Bactria (now known as Afghanistan and the former Soviet republics of Central Asia), which highlights the immeasurable wealth of numismatics and provides a colorful background to this science.

Ancient Bactria from a Numismatic Perspective:

Back in 330 BC, Alexander the Great and his Macedonian army sought to conquer ancient Bactria. It was arguably his most arduous campaign and the 13,000 Greek soldiers, who were left behind by Alexander to colonize the lands found their task very difficult. For those soldiers who did actually remain, they faced the amazing prospect of connecting the existing, disparate cultures of India, Iran, China and Greece. Unfortunately, this extraordinary story of transition in Bactria after Alexander the Great left has sadly disappeared. Enter the numismatists! Thanks to the conscientious efforts of numismatic experts and amateurs from all over the world, starting predominantly in 1738 onwards, ancient Bactria has been resurrected through the discovery of its ancient coins. These many thousands of unearthed coins depict the names and images of nearly 40 monarchs who ruled Bactria and India, following Alexander’s departure. It is worth remembering that Alexander the Great spread the use of coins amidst his various kingdoms. In this instance, one can safely say that “Money talks”, because these precious coins have brought to life ancient monarchs including Antimachus (“The God”) and Agathocles (“The Just”), who would have remained unknown had these coins not been found. Even today, numismatists are still discovering new coin types, sometimes displaying images of known kings and sometimes with images of unknown kings. The coins provide an expressive testimonial to the political, social, military and religious life of the people, who made these coins, which enables historians to piece together life in Bactria. Undoubtedly, a numismatist would argue that each coin represents a text. Even so, this socio-cultural complexity presents our historians with an ever-challenging task of collating the history of Bactria into some semblance of order. Assuredly, the numismatist will state that through the silver and gold of these ancient coins, the Bactrian history during the period of the Greek colonization can be told from start to finish. Such a statement illustrates that numismatics provides wealth from another perspective, namely, a wealth of knowledge about an ancient civilization.

Numismatics and Wealth from the Modern-Day Perspective:

In modern-day society, another meaning of wealth to the numismatist is the investment in rare coins, simply because it can be very profitable. In America, as soon as coins were produced domestically, coin collecting took place. Certainly, the investment in rare coins is considered a sound investment and such investments are even featured in the Wall Street Journal and Money Magazine. For capital appreciation purposes, financial planners recommend that a portion of a person’s wealth should be invested in rare coins and precious metals. Having a portfolio of rare coins and/or medals is not only aesthetically pleasing, but also, on a long-term basis, guaranteed to represent a very safe investment, as there is always an inherent demand for rare coins. The definition of “rare” from a numismatic point of view can mean a relatively low mintage, a relatively low survival rate or simply a demand for a particular coin. As coin collecting has been around since ancient times, it was inevitable that the growth of numismatists would lead to the establishment of the American Numismatic Society in 1858.

Most people who are interested in numismatics are keen to know how much it costs to invest in a rare coin. In America, the cost of a rare coin can start from $300 to $7,000,000. As scary as this may appear, it has to be added that the general price for high quality rare coins is from $1,000 – $25,000. After all, there are few people who can afford to invest hundreds of thousands of dollars in a rare coin, but there are many of us who can manage to acquire an affordable portfolio of rare coins. Once we understand the cost, many people would like to know where rare coins can be purchased.

Rare coins are often for sale through private dealers, auctions, coin shows or expositions. Certainly, attending such auctions or coin shows can help the novice numismatist to find out more about the value of coins and can increase one’s knowledge of numismatics. Once an individual has bought a rare coin, it is satisfying to know that rare coins are more liquid than other collectibles, such as, art or stamps. If a motivated seller wishes to sell a rare coin, then he can expect to sell it within hours or within a few days at the most. In America, the IRS does not need to be informed of purchases or sales by rare coin dealers and rare coins and bullion perform better when inflation is on the rise. All of this information serves to demonstrate that rare coins are an excellent investment, which can assist the numismatist in wealth acquisition. In brief, a single, small rare coin can have a concentrated wealth of thousands of dollars, tens of thousands, or even millions of dollars! There are few collectibles that can boast this type of value. It has been said that over the past 40 years, rare coins and bullion have reliably and consistently out-performed almost every major equity index, even amidst worrying economic conditions.

Conclusion:

Numismatics has an appeal on many levels, but especially because it has helped to piece together the background of ancient civilisations including Bactria. Additionally, the numismatist can acquire a very pleasing collection or portfolio of rare coins, which is rarely dented by adverse economic conditions.

For all of the above reasons, now is the time for the discerning individual to take a look at numismatics from a wealth-creating perspective. The opportunity to join a numismatic network online marketing system is now available. The starting point is at http://www.numispartners.com/, where you can review a simple, automated system, which is guaranteed to help you build a world-class, home-based business, centred on numismatics. As we have already discovered, there are many unique and amazing reasons to get involved in numismatics, with possibly the act of wealth-creation being the number one reason. Therefore, the Numis Network gives the interested individual all of the tools and support necessary to succeed in this unique and rewarding business, so you are invited to join at http://www.numispartners.com/.

The Cook Islands Are A Beautiful Place For Tax Free Investing And Offshore Banking.

Probably one of least important features required of a tax haven, is beauty.  But if an investor is planning on spending any time in the region where they do their banking, the Cook Islands offer a beautiful setting for tax free investments.  While that is hardly an important criteria, it is something to consider.

The Cook Islands consist of 15 islands located west of Tahiti and Samoa, and east of Tonga. The islands themselves cover an area approximately 1.3 times the size of Washington D.C.  There are 2 main groups of  islands, with 9 islands being in the Southern group and Northern group consisting of 6 atolls, and  the main island of Rarotonga being located 3,000 km northeast of Auckland, New Zealand.

While English is the official language, the native islanders are closely related to New Zealand’s Maoris both in culture and traditions and speak Maori as well.  Agricultural exports of black pearls, copra and citrus fruits are the major economic base and employs nearly 1/3 of the population.  Foreign aid to offset trade deficits are by money provided by the New Zealand government.

The islands have their own sovereign parliament, with undisputed political power.  With the legal system is based on English common law, the parliament passes all laws implemented.  The islands Democratic governing body consisting of a 25 member legislative assembly, a prime minister and the prime ministers cabinet.  The capital is the town Avarua, located on the Island of Raratonga.  The Queen of Zealand is still holds the position as head of state there, due too the close ties the Islands have in both location and economics.

Setting aside the tropical beauty of the Cook Islands, their business atmosphere seems to favor nonresidents who are looking for a tax free haven where they can invest their money. The Cook Islands have become synonymous with high profile offshore banking transactions and offshore incorporation.  With no taxes being levied on capital gains and incomes, and the lack of an inheritance tax, these islands would seem like the perfect place for moving money offshore.

The Cook Islands have laws limiting the time actions can be taken against trust assets, and the laws of the Islands overrule the laws of other countries in matters relating to the transfer of property to a trust

These things, along a governing body favorable to outsiders who’s investments can only improve the Island’s economies and the English speaking banking community, makes the Cook Islands seem like an ideal place for offshore banking investments mixed with a luxurious tropical vacation.

Englishman Peter Macfarlane is an author and lecturer on offshore finance, investment, due diligence and wealth creation matters. After fifteen years advising high net worth clients on offshore asset protection structures such as companies, trusts and private interest foundations, he decided on a career change and now mentors individuals who are interested in creating, preserving and growing wealth in a secure offshore environment. Peter defines wealth in the broadest sense, believing that money is worthless if you don’t have health and happiness. He is now joint editor of The Q Wealth Report, a publication dedicated to publishing freedom, wealth and privacy information for a select audience. He offers a free sample copy to readers of EzineArticles. Visit the Q Wealth Report and learn more about offshore private banking.

It is one thing to get rich and another to stay rich forever. This article examines some of the important aspects you need to know that will enable you not only to get rich but also to stay rich forever. They include: prior planning, sufficient training, investing wisely, generosity and expanding your business.

Prior and proper planning is key to acquisition and keeping legitimate wealth. This minimizes unnecessary mistakes and disappointments along the way as you start and build your business. People who want to get rich quickly without appropriate planning end up losing their wealth within a short period of time. Those who make business plans and do their business according to their plans usually become rich and stay rich for ever. Content evaluation of a business performance is essential to attain success in any business.

Financial training is another important key towards getting rich and staying rich forever. Formal education trains somebody to work for money all the days of his/her life but not how to use money to work for him/her. This is the explains why 98% of the world’s population think that without a good and well paying job one cannot be successful in life. If you want to get rich and stay rich forever, you need financial training to help you know that most of the richest men in the world such as Bill Gates did not becomes rich from other peoples jobs but from their own creativity and personal businesses. You need to attend financial seminars, workshops and widely read the appropriate literature in order to get rich and stay rich for ever.

Learn the difference between assets and liabilities and invest wisely. Assets bring money into your pocket. Examples of assets are apartment houses. Liabilities take away money from your pocket for example a posh car. Unfortunately many people invest in liabilities that keep taking away money from their pockets hence increasing poverty levels in their homesteads. Proper understanding of the difference between the two will help you to invest wisely hence get rich and stay rich for ever. A big house for example is not an asset and so is a TV set in your house. If you want to get rich and stay rich for ever, invest in assets.

If you want to get rich and stay rich forever, learn to be generous. This means that you plan to serve as many people as possible with less and less effort. Your products should be sold at a reasonable price so that they can be afforded by many. For instance, if you are making a profit of $50 from 1,000 people you will earn $50,000 per month but if you get a profit of $10 from 50,000 people you will earn $500,000 in one month. Therefore, the more generous you become by serving more people, the more money you make and the richer you will become.

Finally, if you want to become rich and stay rich for ever, you must expand your vision, content, context and business. Learn to give your customers more and more of what they want and less and less of what they do not want. Target the whole world as your potential customers and you may reach at least 1 billion people out of 6 billion with your products. “Shoot the moon. Even if you miss, you will land among the stars” Les Brown Said. This will make you a billionaire in a few years like Bill Gates and you will stay rich for ever.

http://makeenoughmoneyfromhome.blogspot.com/

http://godandsciencerelated.blogspot.com/