i got 1500

Discussion in 'Coin Chat' started by kaosleeroy108, Apr 4, 2014.

  1. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    ok I got 1500 I want to splurge half of that on an invest ment.. what should I get ???
     
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  3. josh's coins

    josh's coins Well-Known Member

    Forgot your units man. We talking $1500 USD? 1500 apple pies? 1500 tractor trailers? 1500 drops of HCL?
     
    vlaha and spirityoda like this.
  4. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    usd.
     
  5. josh's coins

    josh's coins Well-Known Member

    ok so you want to spend $750 USD on an investment that would equal 37.57 troy ounces of silver .575 troy ounces of gold. If you could buy for spot. If you are looking towards collectables coins and not bullion specify what you like to collect.
     
  6. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    lincolns ... Wheaties I want to fill my set... and get some ASE's to fill my slots
     
  7. spirityoda

    spirityoda Coin Junky

    get key dates
     
  8. fiatfiasco

    fiatfiasco Nasty Details Member

    All of the random things were acceptable. I don't know why the HCL bothered me.
     
  9. doug444

    doug444 STAMPS and POSTCARDS too!

    If you post the dates of the Wheaties you need HERE, you will get a dozen offers to evaluate. You might even buy my rare combo of 1910-S and 1910-D. Everybody has duplicate Lincolns...
     
  10. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Buy UPS or FDX stock. The FDX doesn't pay a dividend worthy but the UPS does.......
     
  11. josh's coins

    josh's coins Well-Known Member

    probably because HCL is hydrochloric acid which burns your skin. It really hurts man!
     
  12. doug444

    doug444 STAMPS and POSTCARDS too!

    Stay out of the stock market. Invest in what you KNOW: coins, whatever. Tell us your other hobbies, if you wish, that might generate more investment ideas even better than coins.
     
    Endeavor and kaosleeroy108 like this.
  13. josh's coins

    josh's coins Well-Known Member

    only play stocks if you know what you are doing
     
  14. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Oh yeah. coins are a magnificent investment. Stay out of coins if you don't want to lose money. It's a hobby, not an investment. Only the most savy of folks make money in this venue. I've made some, but I've lost more. That's why they call coin collecting a hobby........
     
    definer likes this.
  15. josh's coins

    josh's coins Well-Known Member

    yeah I have had my fair share of losses/breaking even. overall I'm still in the +
     
  16. Lanny

    Lanny Mr. Nice Guy

    Good grade Key dates and some gold
     
  17. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Still Josh, you and Me ain't gonna make any money in this industry. We can lust and seek but we will never find. Well, maybe sometimes we'll 'find' but all not that often. You folks want to invest, pick a different venue. A nice mutual fund or(pity the thought) bullion.......
     
  18. doug444

    doug444 STAMPS and POSTCARDS too!

    The guys who buy something and try to flip it 3 months later, they lose money. The guys who "invest" in teeny-tiny varieties or flyspeck flaws, they lose money. The guys who buy proof sets and other grossly-overpriced Mint products, especially from foreign mints, they lose money. You make your money when you buy something, not when you sell it.
     
    definer likes this.
  19. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

     
  20. doug444

    doug444 STAMPS and POSTCARDS too!

    You generally can't buy at retail, and sell at retail++ three months later. I see opportunities right on CT, guys throwing in the towel after 5 years; add to that, "original source" purchases, i.e., house auctions, estates in probate, clueless heirs, divorce divvy-ups, etc.
     
  21. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Doug? You ain't fleecing widows and orphans are ya? devil.gif
     
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