Comments on: Best Posts of the Week http://www.consumerismcommentary.com/best-posts-of-the-week/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Thu, 24 May 2012 19:20:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Flexo http://www.consumerismcommentary.com/best-posts-of-the-week/comment-page-1/#comment-72611 Flexo Tue, 05 Dec 2006 05:56:38 +0000 http://www.consumerismcommentary.com/2006/12/03/best-posts-of-the-week/#comment-72611 Terry: It's not fraud if you have your own business with income. Anyone can get taxpayer identification numbers for business purposes. There are legitimate reasons to obtain TINs, otherwise the IRS wouldn't even offer the service. Terry: It’s not fraud if you have your own business with income. Anyone can get taxpayer identification numbers for business purposes. There are legitimate reasons to obtain TINs, otherwise the IRS wouldn’t even offer the service.

]]> By: Terry Piatt http://www.consumerismcommentary.com/best-posts-of-the-week/comment-page-1/#comment-72608 Terry Piatt Tue, 05 Dec 2006 05:29:22 +0000 http://www.consumerismcommentary.com/2006/12/03/best-posts-of-the-week/#comment-72608 Two comments: 1) As I understand it, using a new taxpayer identification number to apply for credit constitutes fraud. DON'T EVEN THINK OF TRYING. 2) I collected coins as a kid (that was so long ago that silver still circulated freely, along with numerous coins of collector value), and I've keep up with the hobby over the years. I even (for all my claimed penury) have several hundred dollars' worth (NOT face value unfortunately) of US silver "junk" coins for bullion value. The rare coin market is highly cyclical as it gets hyped in inflationary times. I believe that there are opportunities for a knowledgable person to enjoy modest returns in this area, but unless you're already knowledgable about coins, it's not worth any effort or expense beyond a hobby. Two comments:

1) As I understand it, using a new taxpayer identification number to apply for credit constitutes fraud. DON’T EVEN THINK OF TRYING.

2) I collected coins as a kid (that was so long ago that silver still circulated freely, along with numerous coins of collector value), and I’ve keep up with the hobby over the years. I even (for all my claimed penury) have several hundred dollars’ worth (NOT face value unfortunately) of US silver “junk” coins for bullion value. The rare coin market is highly cyclical as it gets hyped in inflationary times. I believe that there are opportunities for a knowledgable person to enjoy modest returns in this area, but unless you’re already knowledgable about coins, it’s not worth any effort or expense beyond a hobby.

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