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<p>[QUOTE="Just Carl, post: 727450, member: 4552"]There are numerous articles written all the time about if you had invested in this or that, today you would be a millionair. Ever watch those TV things about investing in properties with no money down? The present housing market killed that one. Remember the Beanie Babies? A few freinds of mine USED to tell me how in about 20 years their will be worth millions. Yeah, right. Then of course there are those Hot Wheel cars. Someone I knew collected those for investing and all in the original packs since that made them worth much, much more. He moved and had to pay a lot extra for moving several thousand pounds of those things. I wonder what he ever did with them. And of course everyone invested in Baseball/Football cards. My Son used to show me price lists for those and he sure was a rich kid. Then he found he could buy them by the 5,000 unit boxes for $5. OK so those are all poor investing items. But how about that stock market? Wonder how many lost a real lot with that one recently. </p><p>No coins too could go up and/or just stay the same in value. This is a hobby and should be treated as such. Yes some make a profit with coins lately but how about tomorrow? Now for us average individuals. Add to the cost of your coins the Albums, plastic tubes, storage boxes, gel packs, coin books, gas going and coming from coin shows, coin stores. And of course the money spent on postage and insurances purchasing on line. Of course there is the home safe, home security system, bank safe deposit boxes. This means your $1,000 invested coin now hits about $2,000. </p><p>If you want a great suggestion for investing it's Buggy Whips. With the prices of gasoline today, I predict the return of the horse and buggy.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 727450, member: 4552"]There are numerous articles written all the time about if you had invested in this or that, today you would be a millionair. Ever watch those TV things about investing in properties with no money down? The present housing market killed that one. Remember the Beanie Babies? A few freinds of mine USED to tell me how in about 20 years their will be worth millions. Yeah, right. Then of course there are those Hot Wheel cars. Someone I knew collected those for investing and all in the original packs since that made them worth much, much more. He moved and had to pay a lot extra for moving several thousand pounds of those things. I wonder what he ever did with them. And of course everyone invested in Baseball/Football cards. My Son used to show me price lists for those and he sure was a rich kid. Then he found he could buy them by the 5,000 unit boxes for $5. OK so those are all poor investing items. But how about that stock market? Wonder how many lost a real lot with that one recently. No coins too could go up and/or just stay the same in value. This is a hobby and should be treated as such. Yes some make a profit with coins lately but how about tomorrow? Now for us average individuals. Add to the cost of your coins the Albums, plastic tubes, storage boxes, gel packs, coin books, gas going and coming from coin shows, coin stores. And of course the money spent on postage and insurances purchasing on line. Of course there is the home safe, home security system, bank safe deposit boxes. This means your $1,000 invested coin now hits about $2,000. If you want a great suggestion for investing it's Buggy Whips. With the prices of gasoline today, I predict the return of the horse and buggy.[/QUOTE]
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