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<p>[QUOTE="mrbrklyn, post: 261064, member: 4381"]I was a little bit of a sly dog with regard to this. There just seems to be on this board waves of "investment schemes" and make money fast questions which sour me. I agree with you, I am a collector first, and money to be made doing this is besides the point. </p><p><br /></p><p>Mulling it opver for several days (or weeks), i thought to myself that it might actually be interesting to run this experiment and see if a few bucks can be made if one invests. But I'm not interested in throwing $5000 into coins based on someones hairbrained idea of what might move up in the market. I would be willing to put a few dollars a month into an investment portfolio, maybe $50 bucks a month, if I was going to learn more about coins, and the process of evaluating them in terms of investment. So a nice small group, with no more than say 20 people, putting money together and meeting on line every month to evaluate suggested purchases and sales would be a worthwhile use of my time even if we never made a cent, or even lost money.</p><p><br /></p><p>I guess it is a little like horse racing. The game is that much more interesting with a 2 dollar bet.</p><p><br /></p><p>That being said, I went out and posted the first thread. You can accuse me of trolling a bit, but I asure you that it was ment in good fun. I was suprised with the exent that it got attention, but obviously a lot of people are interested in the financial aspect of coin colllecting (either that or they care deeply about my poverty). It does bother me how spamlike these threads get. Every brother and sistah on this board thinks of themselves as some kind of investment banker. </p><p><br /></p><p>But the means to uplifting the quality of discussion and information on cointalk with regard to the financial aspects of coin collecting is best overcome with education and experience. I believe in education, and I believe in power of learning by doing. So the idea of an investment club came to mind. Business students do this all the time. They play games and invest in real markets in order to learn how markets work and how to invest. So I believe that an investment club can benifit the coin talk membership in a big way. It should be a huge educational tool and a great deal of fun. Hopefully, if we get something off the ground, it will be in ***this *** spirit. If you want to invest in coins for your retirement, there are IRA's backed in gold. But if your interested in this as an adventure with some financial risk, I'd be interested in starting something.</p><p><br /></p><p>Ruben[/QUOTE]</p><p><br /></p>
[QUOTE="mrbrklyn, post: 261064, member: 4381"]I was a little bit of a sly dog with regard to this. There just seems to be on this board waves of "investment schemes" and make money fast questions which sour me. I agree with you, I am a collector first, and money to be made doing this is besides the point. Mulling it opver for several days (or weeks), i thought to myself that it might actually be interesting to run this experiment and see if a few bucks can be made if one invests. But I'm not interested in throwing $5000 into coins based on someones hairbrained idea of what might move up in the market. I would be willing to put a few dollars a month into an investment portfolio, maybe $50 bucks a month, if I was going to learn more about coins, and the process of evaluating them in terms of investment. So a nice small group, with no more than say 20 people, putting money together and meeting on line every month to evaluate suggested purchases and sales would be a worthwhile use of my time even if we never made a cent, or even lost money. I guess it is a little like horse racing. The game is that much more interesting with a 2 dollar bet. That being said, I went out and posted the first thread. You can accuse me of trolling a bit, but I asure you that it was ment in good fun. I was suprised with the exent that it got attention, but obviously a lot of people are interested in the financial aspect of coin colllecting (either that or they care deeply about my poverty). It does bother me how spamlike these threads get. Every brother and sistah on this board thinks of themselves as some kind of investment banker. But the means to uplifting the quality of discussion and information on cointalk with regard to the financial aspects of coin collecting is best overcome with education and experience. I believe in education, and I believe in power of learning by doing. So the idea of an investment club came to mind. Business students do this all the time. They play games and invest in real markets in order to learn how markets work and how to invest. So I believe that an investment club can benifit the coin talk membership in a big way. It should be a huge educational tool and a great deal of fun. Hopefully, if we get something off the ground, it will be in ***this *** spirit. If you want to invest in coins for your retirement, there are IRA's backed in gold. But if your interested in this as an adventure with some financial risk, I'd be interested in starting something. Ruben[/QUOTE]
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