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<p>[QUOTE="ilmcoins, post: 3287910, member: 85172"]I suppose you could have this conversation about anything we buy. My wife recently wanted a $5,000 couch. My argument against the couch was that the same $5,000 would be worth over $20,000 in retirement savings if added to one of our accounts. As I post this, I am enjoying the comfort of HER couch! Inflation will continue on and the couch will quickly depreciate and will probably have zero value in the future. It is on the same path as our cars, cell phones, televisions, etc.</p><p><br /></p><p>Coins are not a good investment vehicle but at least they are a better use for money than most of the other "stuff" we buy! Even if they dont keep up with inflation, keeping your money in money is only outranked by perhaps stocks, real estate, education, your kids, and pethaps a few other things! Any gains from your $5k half dollar purchase will be higher than that same money could have made sitting in your bank or spent on a depreciating asset.[/QUOTE]</p><p><br /></p>
[QUOTE="ilmcoins, post: 3287910, member: 85172"]I suppose you could have this conversation about anything we buy. My wife recently wanted a $5,000 couch. My argument against the couch was that the same $5,000 would be worth over $20,000 in retirement savings if added to one of our accounts. As I post this, I am enjoying the comfort of HER couch! Inflation will continue on and the couch will quickly depreciate and will probably have zero value in the future. It is on the same path as our cars, cell phones, televisions, etc. Coins are not a good investment vehicle but at least they are a better use for money than most of the other "stuff" we buy! Even if they dont keep up with inflation, keeping your money in money is only outranked by perhaps stocks, real estate, education, your kids, and pethaps a few other things! Any gains from your $5k half dollar purchase will be higher than that same money could have made sitting in your bank or spent on a depreciating asset.[/QUOTE]
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