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<p>[QUOTE="dougsmit, post: 2276497, member: 19463"]I remain of the opinion that money spent on a hobby should be looked at in the same way we look at lunches and entertainment. You do not plan to see it again. If you look at coins as a budgeted investment, you are likely to buy coins you think you should buy rather than coins you want. I should not tell you how to conduct your hobby. I guess I am unusual in that I do not feel the need to spend every cent available every two weeks so I also feel OK about splurging a couple times a year (usually when I go to a coin show). If you are in a poverty period, it might be best to spend a little on a book and read it while the budget piles up to a point you can buy what you want whether it is $5 or $500. Of course you could just study online materials and save the book costs. It is quite possible to enjoy the hobby not ever buying an expensive coin but only if you believe it is. Frank Robinson said, "Love your coins for what they are, not what they are worth." </p><p><br /></p><p>The above message was brought to you by a guy currently on a serious guilt trip after buying his most expensive coin ever.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2276497, member: 19463"]I remain of the opinion that money spent on a hobby should be looked at in the same way we look at lunches and entertainment. You do not plan to see it again. If you look at coins as a budgeted investment, you are likely to buy coins you think you should buy rather than coins you want. I should not tell you how to conduct your hobby. I guess I am unusual in that I do not feel the need to spend every cent available every two weeks so I also feel OK about splurging a couple times a year (usually when I go to a coin show). If you are in a poverty period, it might be best to spend a little on a book and read it while the budget piles up to a point you can buy what you want whether it is $5 or $500. Of course you could just study online materials and save the book costs. It is quite possible to enjoy the hobby not ever buying an expensive coin but only if you believe it is. Frank Robinson said, "Love your coins for what they are, not what they are worth." The above message was brought to you by a guy currently on a serious guilt trip after buying his most expensive coin ever.[/QUOTE]
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