Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
#197
Join Date: Oct 2004
Location: BZN
Programs: AA:LT Platinum DL:LT Gold UA:1P MAR:LT Titanium
Posts: 8,289
Makes sense, as there are plenty of slots that accept the coins at those places.
#198
A FlyerTalk Posting Legend
Join Date: Apr 2004
Location: GVA (Greater Vancouver Area)
Programs: DREAD Gold; UA 1.035MM; Bonvoy Au-197; PCC Elite+; CCC Elite+; MSC C-12; CWC Au-197; WoH Dis
Posts: 52,110
#200
FlyerTalk Evangelist
Join Date: Apr 2001
Location: DFW, AA, Hilton
Posts: 16,692
The long-term FTers know to use cards that give us more than 1 mile per dollar.
#201
Join Date: Apr 2006
Posts: 26
My order says it was shipped today. How long has it been taking to receive once shipped? I am heading to the bank with mine once they arrive.
#202
Join Date: Nov 2006
Location: (insert city name here) hotel
Programs: AA - ExPlat 1MM Marriott - Platinum, Hertz - Presidents Circle
Posts: 483
Check with your bank. Some do charge a fee for coin deposits as they need to unroll and count everything again.
#203
Join Date: Oct 2004
Location: BZN
Programs: AA:LT Platinum DL:LT Gold UA:1P MAR:LT Titanium
Posts: 8,289
I didn't say risk-free. My point is that there is an opportunity cost to having $500 in coins sitting around waiting to be spent, as you can invest conservatively and earn 4%, fairly conservatively and earn 8%, and aggressively for 10%+.
As do I; I cited a value solely for illustrative purposes. If you value rewards earned from charging $500 at $15 instead of the $10 I used, adjust the other numbers accordingly. For me, the time and gas required to make a deposit + the time and risk and stress associated with the order is not worth the value I assign to the expected rewards. YMMV.
As do I; I cited a value solely for illustrative purposes. If you value rewards earned from charging $500 at $15 instead of the $10 I used, adjust the other numbers accordingly. For me, the time and gas required to make a deposit + the time and risk and stress associated with the order is not worth the value I assign to the expected rewards. YMMV.
#204
Join Date: Feb 2001
Location: Ann Arbor, Michigan
Programs: Airline Free Agent, Fairmont Lifetime Platinum, Hyatt Globalist, Hilton Honors Diamond
Posts: 3,041
>>>>>as you can invest conservatively and earn 4%, fairly conservatively and earn 8%, and aggressively for 10%+.
Yeah, but is it tax free too?
gpapadop, CFP
Yeah, but is it tax free too?
gpapadop, CFP
#205
Join Date: Nov 2002
Location: SQL
Programs: SPG Platinum; Hyatt Platinum; UA 1K
Posts: 3,170
Further, I'd love to find a liquid fairly conservative investment paying 8% - care to share one (or several)?
#207
Join Date: May 2005
Programs: AA EXP, DL Plat, US Chairman, SPG Plat, Hilton Diamond, Marriott Gold, IC RA
Posts: 1,436
#208
Join Date: Mar 2005
Location: Tampa
Programs: UA 1K; PC RA
Posts: 93
Ahhhhh! That explains why the tracking link on the Mint's order-confirmation screen, which brings you to usps.com's tracking page, always failed.
I plugged in that tracking number into DHL.com's tracker instead, and voila, the full tracking history comes up fine, including the final entry: "Arrived at USPS." Guess DHL does the heavy lifting all the way to the recipient's zip code, and the USPS guys do the final delivery...
I plugged in that tracking number into DHL.com's tracker instead, and voila, the full tracking history comes up fine, including the final entry: "Arrived at USPS." Guess DHL does the heavy lifting all the way to the recipient's zip code, and the USPS guys do the final delivery...
#210
Join Date: Oct 2004
Location: BZN
Programs: AA:LT Platinum DL:LT Gold UA:1P MAR:LT Titanium
Posts: 8,289
Yes but to compare the investments fairly, you should be providing the rate of return on a virtually risk free investment. And as someone else has pointed out you should factor in taxes.
Further, I'd love to find a liquid fairly conservative investment paying 8% - care to share one (or several)?
Further, I'd love to find a liquid fairly conservative investment paying 8% - care to share one (or several)?
Again, my underlying point is that every person has their own measure of risk and opportunity cost associated with having hundreds of dollars sitting around rather than being invested. I own a company that generates well into a double-digit ROI and has done so for years, so I prefer to invest a good chunk of my long-term assets there. For assets earmarked for use in a 5-year window (give or take), I invest a balanced fund such as EXBAX that will fairly reliably produce ~8% total returns over 5-year spans, of course with some risk of under or over performing this benchmark. You may not desire these options and might consider your opportunity cost of coins in a basket closer to the CD/money-market rate. If the coin purchase, your opportunity cost, and all else that is involved in the "conversion" is worth a few bucks to you - go for it!