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<p>[QUOTE="gboulton, post: 1294479, member: 27043"]Retirement planing is about:</p><p><br /></p><p>Long term diversity.</p><p><br /></p><p>It isn't about moving large chunks of money from this investment to that, chasing whatever the current short term trend is. </p><p><br /></p><p>Sure your 401K has been hurt the last 3-4 years..or even the last 8-10. But...who cares? Does it MATTER how it looks today, or does it matter how it looks 15 years from now?</p><p><br /></p><p>Can coins and metals be a part of an effective and diverse retirement plan? Of course they can. Lots of investment grade coins have 15, 20, or 50 year track records of steady, slow growth in value. Nothing at all wrong with diversifying into them on some level.</p><p><br /></p><p>But that's true of nearly any investment. Picking up some small percentage of an investment with an extended record of long term success is, quite simply, a "good idea"...whether it's coins or widgets.</p><p><br /></p><p>By the same token, jumping out of investments every time they perform poorly for 5 years, and trying to chase the latest fad, or risking your entire future on the hope a single investment will perform well for the next decade, is a bad idea...again, whether it's coins or widgets.</p><p><br /></p><p>I would absolutely recommend to someone that there are wise long term investments in bullion and numismatics if they're willing to do the research to find them...ESPECIALLY if they think they might enjoy the process along the way.</p><p><br /></p><p>I would NEVER recommend anyone make bullion or numismatics...or ANY OTHER INVESTMENT...more than 25% of their portfolio or their annual retirement contributions.[/QUOTE]</p><p><br /></p>
[QUOTE="gboulton, post: 1294479, member: 27043"]Retirement planing is about: Long term diversity. It isn't about moving large chunks of money from this investment to that, chasing whatever the current short term trend is. Sure your 401K has been hurt the last 3-4 years..or even the last 8-10. But...who cares? Does it MATTER how it looks today, or does it matter how it looks 15 years from now? Can coins and metals be a part of an effective and diverse retirement plan? Of course they can. Lots of investment grade coins have 15, 20, or 50 year track records of steady, slow growth in value. Nothing at all wrong with diversifying into them on some level. But that's true of nearly any investment. Picking up some small percentage of an investment with an extended record of long term success is, quite simply, a "good idea"...whether it's coins or widgets. By the same token, jumping out of investments every time they perform poorly for 5 years, and trying to chase the latest fad, or risking your entire future on the hope a single investment will perform well for the next decade, is a bad idea...again, whether it's coins or widgets. I would absolutely recommend to someone that there are wise long term investments in bullion and numismatics if they're willing to do the research to find them...ESPECIALLY if they think they might enjoy the process along the way. I would NEVER recommend anyone make bullion or numismatics...or ANY OTHER INVESTMENT...more than 25% of their portfolio or their annual retirement contributions.[/QUOTE]
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