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<p>[QUOTE="Vess1, post: 498972, member: 13650"]I'm not comparing anything. You brought up real estate. Yeah, a lot of people missed out on the opportunity to make a fortune in real estate and land. Just like everything else. Can't argue.</p><p><br /></p><p> But on normal property with normal gains (not talking downtown NY City now) how much capital gains tax are you going to pay on coins? How much property tax do you pay on coins? How much interest will you pay on the loan? How fast can you sell that property if you wanted to? </p><p><br /></p><p> Look how long the stock market took to recover from the depression. Maybe people don't have 20 years for the market to recover either. If some stocks ever recover. Then get ready for the big capital gains tax bill when you sell anything.</p><p> Other companies, you don't know how much manipulation is going on or who's cooking the books, now or will be in the future. Simply holding off their collapse for a future date. We've already seen it. Who hasn't been caught yet? </p><p><br /></p><p> I merely was defending the idea that rare coins could be held onto for a handsome profit if you wanted to. You basically say that's impossible. Obviously you were wrong because people have.</p><p><br /></p><p> Nobody's advocating that everyone put everything in one basket.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 498972, member: 13650"]I'm not comparing anything. You brought up real estate. Yeah, a lot of people missed out on the opportunity to make a fortune in real estate and land. Just like everything else. Can't argue. But on normal property with normal gains (not talking downtown NY City now) how much capital gains tax are you going to pay on coins? How much property tax do you pay on coins? How much interest will you pay on the loan? How fast can you sell that property if you wanted to? Look how long the stock market took to recover from the depression. Maybe people don't have 20 years for the market to recover either. If some stocks ever recover. Then get ready for the big capital gains tax bill when you sell anything. Other companies, you don't know how much manipulation is going on or who's cooking the books, now or will be in the future. Simply holding off their collapse for a future date. We've already seen it. Who hasn't been caught yet? I merely was defending the idea that rare coins could be held onto for a handsome profit if you wanted to. You basically say that's impossible. Obviously you were wrong because people have. Nobody's advocating that everyone put everything in one basket.[/QUOTE]
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