Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Coins to invest in??
>
Reply to Thread
Message:
<p>[QUOTE="satootoko, post: 26011, member: 669"]I don't think anyone has made <i>that</i> statement.</p><p><br /></p><p>As one of the most vociferous objectors on the forum to treating coins as an investment, the point of what I have said repeatedly is that the future value of specific coins is not capable of accurate assessment, and buying for that purpose is more like gambling than true investing.</p><p><br /></p><p>I have also objected to the giving of specific investment advice by people not legally qualified to give it. Someone pointed out that licensed investment advisers are sometimes crooks, but the possibility of bad advice from unqualified people is even greater than the possibility of bad/fraudulent advice from folks who have satisfied some basic requirements and are subject to supervision.</p><p><br /></p><p>Of course we all hope that our collections will hold, and even increase, their value - IMHO that just shouldn't be the fundamental purpose of acquiring coins.[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 26011, member: 669"]I don't think anyone has made [i]that[/i] statement. As one of the most vociferous objectors on the forum to treating coins as an investment, the point of what I have said repeatedly is that the future value of specific coins is not capable of accurate assessment, and buying for that purpose is more like gambling than true investing. I have also objected to the giving of specific investment advice by people not legally qualified to give it. Someone pointed out that licensed investment advisers are sometimes crooks, but the possibility of bad advice from unqualified people is even greater than the possibility of bad/fraudulent advice from folks who have satisfied some basic requirements and are subject to supervision. Of course we all hope that our collections will hold, and even increase, their value - IMHO that just shouldn't be the fundamental purpose of acquiring coins.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Coins to invest in??
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...