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<p>[QUOTE="jtrader, post: 565682, member: 18103"]I'm new here and newer to coin collecting. But what I'm not new to is investing. I trade stocks for a living, and I will tell you that right now is one of the best times to be buying into the market! Mainlly cus prices are so low and there are some fantastic deals out there. Now i'm not coming form a stockbrokers stand point nor could I tell you which stock to put your money into. As i merely operate on a technical basis, and am in and out of a stock in the same day usually. </p><p> </p><p>I have somewhat looked into prices over the years on coins and how they have gained in value. Some coins have gained significant amounts over the years. But they are SPECIFIC coins. You would mainly half to have a few things going for you. 1. the money needed to buy these specific coins and nothing bellow UNC MS-65 or older than 1960. 2. The time needed to hold onto these coins without needing the money. Anywhere from a 10 to 20 year period. 3. Picked a coin that could grow beyond inflation over the years. </p><p> </p><p>Looking back I've seen some coins have grown 500% or more in value over a 10 to 15 year period. Would you have made money if you would have "invested" in these specific coins? Yes of course, but would it have out beat the market over time? Maybe, but the hard part with investing in coins is your always subject to the person on the other end willing to pay more or less than the said value of the specimen. </p><p> </p><p>It also seems that these things such as gold and silver move in opposite directions of the market. You have more people wanting to buy into things like gold and coins when the markets bad. Because they feel it's a better and safer investment. But in reallity this helps to drive up the price, thus you can end up paying more for your investment. </p><p> </p><p>In my opinion, do it all. What I mean buy this is if you want to invest in coins. Do it, but do your homework first. Take your time and buy the right peices. Don't skimp on quality. But only put a % of your money into this. Maybe 5 or 10%. Mix up the rest into other investments. Diversifing is never a bad thing. If it were me I would put about 20 percent into gold, and 25 percent into Bonds or a CD. With those you really can't go wrong since you can't loose on your premium. Then I would put the rest into stocks and an IRA. Don't put all of your eggs in one basket especially if your looking to retire off this money. </p><p> </p><p>I don't have all the answers, but if your able to invest and make an average of 4% to 10% per year on ur return. Which you can easilly make part of that just off a Bond or CD. That's pretty good. It may not seem like a lot, but those numbers will average out over time and will generally beet or match the market.[/QUOTE]</p><p><br /></p>
[QUOTE="jtrader, post: 565682, member: 18103"]I'm new here and newer to coin collecting. But what I'm not new to is investing. I trade stocks for a living, and I will tell you that right now is one of the best times to be buying into the market! Mainlly cus prices are so low and there are some fantastic deals out there. Now i'm not coming form a stockbrokers stand point nor could I tell you which stock to put your money into. As i merely operate on a technical basis, and am in and out of a stock in the same day usually. I have somewhat looked into prices over the years on coins and how they have gained in value. Some coins have gained significant amounts over the years. But they are SPECIFIC coins. You would mainly half to have a few things going for you. 1. the money needed to buy these specific coins and nothing bellow UNC MS-65 or older than 1960. 2. The time needed to hold onto these coins without needing the money. Anywhere from a 10 to 20 year period. 3. Picked a coin that could grow beyond inflation over the years. Looking back I've seen some coins have grown 500% or more in value over a 10 to 15 year period. Would you have made money if you would have "invested" in these specific coins? Yes of course, but would it have out beat the market over time? Maybe, but the hard part with investing in coins is your always subject to the person on the other end willing to pay more or less than the said value of the specimen. It also seems that these things such as gold and silver move in opposite directions of the market. You have more people wanting to buy into things like gold and coins when the markets bad. Because they feel it's a better and safer investment. But in reallity this helps to drive up the price, thus you can end up paying more for your investment. In my opinion, do it all. What I mean buy this is if you want to invest in coins. Do it, but do your homework first. Take your time and buy the right peices. Don't skimp on quality. But only put a % of your money into this. Maybe 5 or 10%. Mix up the rest into other investments. Diversifing is never a bad thing. If it were me I would put about 20 percent into gold, and 25 percent into Bonds or a CD. With those you really can't go wrong since you can't loose on your premium. Then I would put the rest into stocks and an IRA. Don't put all of your eggs in one basket especially if your looking to retire off this money. I don't have all the answers, but if your able to invest and make an average of 4% to 10% per year on ur return. Which you can easilly make part of that just off a Bond or CD. That's pretty good. It may not seem like a lot, but those numbers will average out over time and will generally beet or match the market.[/QUOTE]
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