Are the collectors going to die off?

Try parking at a 45 degree angle from the front door, I usually park 45 degrees to the west, When I exit the store I know just where to go, make it a habit and you will never wander around a lot like you are lost.

 

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To me coin collecting is like disc golf. Its awesome once discovered, but many people dont have a clue about it. Now that the sports card market dropped out alot of collectors I think are moving to coins. I also think tv shows like pawnstars and american pickers on the history channel help, because they remind people how exciting history is; and what better way than to collect coins. That is the only thing I dont like about the coin world is you are not suppose to touch the coins, but the are just so awesome to hold. Ok enough of my obsessing about coins.

 

JCB,
That is a nice picture of you and your family. I guess you are like me, the only way to get in the shot is to hold the camera out far enough to be in it.
I am never in the shots either because I am always behind the camera. Anyway, good looking family.:thumb:

 

A few points to ponder:

For God's sake...hold your coins! If you know your coins are solidly in their grade and you know you won't sell them for a while, then crack them things out!

Parking at 45 degrees. I mightl try that. Probably the best thing I can do is to park near a light pole a long, long way from the door, and then take a healthy walk.

Stocks? Yep...its the same demographics issue. I always fel that the baby boomers were going to screw up everything. At the same time that they stop buying, they start selling and cut back on consumption. Affects supply AND demand...a double whammy. Not to say there can't be winners...dividend paying stocks...dividend reinvestment...in companies that provide stuff for an aging demographic might be a good bet. In the interest of disclosure, most of my funds are in investment properties. Really sucking wind right now, but I do think inflation will eventually bail me out...but really sucking wind! I think that in an inflationary period, investing in any "thing"...tools, guns, coins, comicbooks, etc., is a good idea. The key is to not leave your money in the bank while the inflation quietly nibbles away at it. You *MUST* invest in something or your nest egg gets eaten away. Coins are an important part of my portfolio, but I don't think I'd go more than 15% of it. But like I say...I hope there is someone to buy my coins when I'm ready to pass them on....demographics again...

Steve

 

You got it. Eventually everyone will realize that it was hard to go wrong buying any 'thing' with physical value. It's inevitable. Time is not our friend.

 

Inflation

Any high quality commodity in an inflationary period will be probably a money maker. Just do not buy any currency you do not need. All currencies are now fiat , just paper.
Copper ,Gold , Silver and others not limited to metals.
It might be a year or two so you have time to buy in an orderly fashion. Stocks that are international Large American based can move in a heart beat. If they pay a good dividend they should be good. Stay with consumables.
Large Drugs, Oil , Consumer Products, Fertilizer etc.
Even with a diversified portfolio there is always one that is in the toilet. If everything is just fine, something is wrong.
DO not buy any thing you know nothing about.
DO not buy any thing you know nothing about.
DO not buy any thing you know nothing about.
DO not buy any thing you know nothing about.

Pep