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<p>[QUOTE="illini420, post: 667757, member: 19423"]Lehigh makes some good points. When I first read this thread, I didn't realize it was directed at a single member... but now that I have read the other threads here and re-read the OP, it's pretty obvious.</p><p> </p><p>Still some good info in the OP for a beginner, but it does seem to be directed straight at the new member. </p><p> </p><p>And I actually think it's great that people come here for their investment advice first before just going out and trying to do it blind on their own. When I met up with family this summer I found out that my grandmother has a safe deposit box w/ high grade 75-100 year old+ gold coins!!!! When I talked to her about them and found out what they were I found that an investment manager recommended them to her 5+ years ago and that she knew little about them... was cool to see MS66 Liberty Quarter Eagles and MS66 Saints, but when I found out what she paid for them, I quickly realized she's still underwater on them... Ouch!!! Too bad she didn't come to the fourm and ask for advice first... sure she still might have listened and invested anyways, but at least she would have had a fighting chance to know what a fair price was.[/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 667757, member: 19423"]Lehigh makes some good points. When I first read this thread, I didn't realize it was directed at a single member... but now that I have read the other threads here and re-read the OP, it's pretty obvious. Still some good info in the OP for a beginner, but it does seem to be directed straight at the new member. And I actually think it's great that people come here for their investment advice first before just going out and trying to do it blind on their own. When I met up with family this summer I found out that my grandmother has a safe deposit box w/ high grade 75-100 year old+ gold coins!!!! When I talked to her about them and found out what they were I found that an investment manager recommended them to her 5+ years ago and that she knew little about them... was cool to see MS66 Liberty Quarter Eagles and MS66 Saints, but when I found out what she paid for them, I quickly realized she's still underwater on them... Ouch!!! Too bad she didn't come to the fourm and ask for advice first... sure she still might have listened and invested anyways, but at least she would have had a fighting chance to know what a fair price was.[/QUOTE]
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