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<p>[QUOTE=&quot;JBlade00, post: 1462118, member: 37468&quot;]Marshall,</p><p><br /></p><p>I appreciate and respect your input, however there&#039;s something about it that rubs me the wrong way. I don&#039;t know whether it&#039;s because I disagree with you or that you state it very &quot;matter of fact&quot; (I&#039;m not usually a fan of absolute statements). I respect your opinion on the term investment, etc... however;</p><p><br /></p><p>Definition of investment: <span style="color: #333333">&quot;the</span> investing of money or capital in <span style="color: #333333">order</span> to <span style="color: #333333">gain</span> <span style="color: #333333">profitable</span> <span style="color: #333333">returns,</span> <span style="color: #333333">as</span> <span style="color: #333333">interest,</span> <span style="color: #333333">income,</span> <span style="color: #333333">or</span> <span style="color: #333333">appreciation</span> <span style="color: #333333">in</span> <span style="color: #333333">value.&quot;</span> </p><p><br /></p><p>It includes &quot;appreciation in value&quot; so I&#039;m not sure where it lost its meaning. Buying a house is an investment vs. renting a house because of the equity involved. You are paying a mortgage so that your money is going towards something you can have a return in, in the future. If a house was purely for living in, everyone should just be renting. Same goes with buying a car, etc... etc... To me, it is very similar with a coin collector vs. a coin dealer. The dealer typically is buying / selling coins purely for profit / sustainability. The collector might buy a coin to enjoy in the short term, but hope that over time it will increase in value if they ever want or have to sell the coin. Similarly to how someone might want to move to a different house and they sell their current one.</p><p><br /></p><p>I&#039;m not sure who you have a grudge against, but my perception of your statement(s) is that it is almost a personal attack. I don&#039;t know if that was your intent, that is just how I am internalizing it. I don&#039;t believe anyone is &quot;propping up the prices&quot;, I&#039;m fairly certain that prices are set by supply and demand. Additionally, if you were trying to sell something (regardless of whether it is a coin) wouldn&#039;t you want to maximize the potential for profit? Why would someone sell a coin for $100 when they could just as easily sell it for $1000? If someone is willing to buy it for that price, then the prices are going to continue to be in that zone. I don&#039;t see coin prices come down until either a) demand goes down - or b) the supply goes up (Thinking about coin hoards, etc...). </p><p><br /></p><p>Again, I respect your views I just wish I knew your perspective so I could better put myself in your shoes / view.</p><p><br /></p><p><br /></p><p><br /></p><p>Doug... WOW! This has to be the most on-point and informative posts I&#039;ve seen on CoinTalk. I appreciate your experience and input on the subject and I completely agree with your statements. Of course there are things that are unexpected, etc... that make it hard to invest in anything really. You never know if a stock is going to crash, your going to get robbed, etc... Those are things you can&#039;t really plan for and can&#039;t really be focused on when thinking about investments in general. I wasn&#039;t talking about putting all my eggs in one basket, and hopefully would be able to right for the best time for roi. I feel that might be more about preparation with other assets so that I wouldn&#039;t be forced to sell, etc... when it is a bad time. Again, of course you can&#039;t plan for everything and there is an element of luck involved. Overall, however would you say that coin values for rare / good condition coins go up over time? If it is the case, I don&#039;t think I would be afraid to try investing a small percentage in high value coins in hope that in the long term it would appreciate in value. I understand that coins are not liquid investments and it could be more complicated / more work in order to even try to get that higher return. To me that&#039;s all part of it. The market for coin collectables is relatively small and it all takes more time / effort in general to try and find the &quot;right coin&quot;. I imagine it would be the same if you wanted to sell that coin.</p><p><br /></p><p>I&#039;m also not really talking about going out and finding a coin purely for the fact that it is going to increase in value. In the same way that you wouldn&#039;t purely by a house because you think it will increase in value. It would need to be a house / coin that you can enjoy and fits the specifications that you want in that asset. I use the word asset on purpose because in reality, coins are assets. They hold considerable value whether we like it or not. Because of that, is why I brought up the subject of investments. It is more comforting to me, to know that money that I spend on coins is not just going into &quot;maintenance&quot; (thinking about fixing a boat or a car, etc... where the money doesn&#039;t add to the value typically). However, if your adding coins and or time to your collection the value will typically increase which could make it easier if you ever decided that you didn&#039;t want the coin(s) anymore.</p><p><br /></p><p>Again, I really appreciate everyone&#039;s input. I apologize for this long-winded overly worded reply <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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