Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Bad US coin buys
>
Reply to Thread
Message:
<p>[QUOTE="cladking, post: 2425486, member: 68"]We don't see eye to eye on much do we? </p><p> </p><p>I don't think people should buy coins as investments or because they might retain their value. I admit that I always try to collect in areas that are out of favor and then when they get popular I trade them off for other things that are out of favor. This doesn't mean I want to make money or invest but merely that I like to have first crack at the things I do collect. I like to collect in fields that are unpopulated. </p><p> </p><p>Part of all good investing is to be countercyclical. Most people buy high and sell low. They go along with what everyone else is doing so they almost always lose money. Now that classic coins are peaking before the supply glut caused by baby boomers retiring they are snapping them up. </p><p> </p><p>Collect whatever you like but there's no need to demean or belittle what others like. The fact of the matter is that all collectors like scarcity so saying all moderns are common is bashing. Saying they have nominal value is bashing.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2425486, member: 68"]We don't see eye to eye on much do we? I don't think people should buy coins as investments or because they might retain their value. I admit that I always try to collect in areas that are out of favor and then when they get popular I trade them off for other things that are out of favor. This doesn't mean I want to make money or invest but merely that I like to have first crack at the things I do collect. I like to collect in fields that are unpopulated. Part of all good investing is to be countercyclical. Most people buy high and sell low. They go along with what everyone else is doing so they almost always lose money. Now that classic coins are peaking before the supply glut caused by baby boomers retiring they are snapping them up. Collect whatever you like but there's no need to demean or belittle what others like. The fact of the matter is that all collectors like scarcity so saying all moderns are common is bashing. Saying they have nominal value is bashing.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Bad US coin buys
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...