Informational Articles

A little added cash is continually quite pleasant. With salary frozen, job security bad plus the prospect doubtful getting extra income to fall back on is going to be great. Of the many decisions you have imitating the big boys in the market by obtaining & selling stocks is frequently a primary consideration.

Nowadays you do not just have to bet or trade shares themselves you are able to bet on the share price momentum & this is called spread betting. But which is best & what do the expressions actually mean.

On TV, in the papers and online you will see daily discussion regarding stocks & shares, the movement of the various indices used to measure strength or weakness, with mainly weakness at present. The normal reaction is that there is no way to earn extra cash if prices fall. The good news is you can make money from shares when they go up & down in price. The approach can be looked at as investing or trading.

On the whole if you are an investor you expect to buy plus hold onto a share, be paid a dividend twice a year & hopefully see the share price increase. The most famous plus successful exponent of this approach is Warren Buffet.

If you are a trader you buy plus hold shares for only a short time from seconds to weeks. It is a popular approach by many who do it in their own time whilst working, often using a mathematical approach called technical analysis.

If you use technical analysis you can of course decide to either buy the shares outright or place a bet in the expectation of making a quick profit. It mostly depends on how much money you have. In spread betting you are not buying the share so only use a small amount of money on the position. To buy the shares you typically have to pay the whole lot at once or if you have an account with a stockbroker you may be allowed to pay in full at the end of the week.

With spread betting you can start with a smaller amount of money and build it up. Buying shares needs a larger starting capital. Both systems work and you need to decide which suits you best. There is much more of an adrenaline rush when trading compared to investing & if this will suit your personality then go for it.

Investing

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George T. Morgan was the designer of the Morgan Dollar; which were crafted of silver in United States. Although the main years of issue were between 1878 and 1904 some coins were minted yet again in 1921. Each coin is made from 24.057 grams of silver which consisted of a purity of .900.

The front side depicted the face of Lady Liberty and the back side portrayed the Eagle holding arrows and a branch of olive. The designer Morgan artistically put his monogram near the neck of the Lady of Liberty.

After the greatest mining recovery of silver (The Comstock Lode) in 1859, the silver prices went south ward worldwide. The US congress passed the Bland-Allison Act in 1878 making it mandatory for the assets department to buy a large amount of silver and convert them into coins. The Morgan dollar when minted in 1878 were the first coins of its type to be circulated in the public, as till then such coins were used only for the Orient Trade.

The treasury department minted such coins till 1904. The supply of such coins mounted so much that it created scarcity of silver bullion in the treasury. The shortage was so severe that the Pittman Act was passed in 1918, which called for the melting of more than 270 million such coins to recover the silver for the treasury.

Later in the year 1921 the minting process of the Morgan coins continued but with its modification as Peace Dollar. However the minting continued just for a year. After that year many silver Morgan dollars were melted as the prices of silver shot way high up.

These coins were minted at four main mints namely: Carson City Mint in Nevada, Denver Mint in Colorado, New Orleans Mint in Louisiana and San Francisco Mint in California. They all put their mint mark on the back side of the coin under the feathers of the Eagle between the letters D and O of the word “DOLLAR” as CC, D, O, and S respectively.

Deep Mirror Proof Like (DMPL) – Mirror like reflecting Morgan Dollars were also in circulation among the public and this reflective effect was prevalent on both the front and the back side of the coin. This effect was due to deep frosting and hence these coins were also known as DMPL. Most of these coins were minted in San Francisco and due to their uniqueness they fetched more than the other similar coins. “Prooflike” was the term given to such reflective coins.

In 1918, the Pittman Act resulted in shortage of the Morgan Silver Dollar and hence these coins became rare and precious among the collectors. The Coin Dealer Newsletter stated that the MS-65 coin was once priced at $200,000 and MS-67 1895-O was auctioned for $575,000 during the Heritage Auction in November 2005.

Investing

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