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<p>[QUOTE=&quot;Bart9349, post: 800733, member: 5682&quot;]I like to keep &quot;keep it positive&quot; and be thankful for the wonderful priceless things I have (health, people I love, etc.), instead of dwelling on regrets.... That said:</p><p><br /></p><p>In mid-1999, after the birth of my second child, I asked friends and others what would be a good gift and investment for my children for their future. I asked friends whether gold would be a good investment. At that time, gold was around $270.80 an ounce.</p><p><br /></p><p>One friend recommended a nice expensive watch. He insisted it was a great keepsake and something a child would always treasure as an adult. He recommended against buying gold. &quot;You want something you can use.&quot;</p><p><br /></p><p>Another friend recommended some tech stocks that were &quot;starting to take off.&quot; &quot;Gold will never go up and makes a poor investment.&quot;</p><p><br /></p><p>I asked some bitter old coin dealers about buying gold, but all they could do was complain about was &quot;losing their shirt&quot; in gold investing years ago. When I expressed my surprise that many high quality 19th century foreign cold coins were still going for little over the low bullion prices, he insisted that it was &quot;foolish to buy any foreign gold&quot; for reasons I&#039;m still don&#039;t understand.</p><p><br /></p><p>Another friend cautioned against buying any coin since &quot;they were all overgraded and there are too make fakes.&quot;</p><p><br /></p><p>At that time (May 1999), I wrote down some prices of gold coins from a reputable dealer:</p><p><br /></p><p>Uncirculated French Roosters 20F 1899-1914: $59.15</p><p>Uncirculated French Angels 20F 1871-1898: $59.90</p><p>Uncirculated Italian Umberto I 20L 1871-1898 $59.80</p><p>Uncirculated British Sovereign Gold Kings early 20th century: $82.20</p><p>Modern Bullion coins little over spot ($270.80)</p><p><br /></p><p>I could go on, but you get the idea.</p><p><br /></p><p>Now, trying to keep it positive:</p><p><br /></p><p>I did NOT buy the expensive watch. (Young people don&#039;t wear watches anymore.)</p><p>I did NOT throw too much money away into tech stacks that later crashed and burned.</p><p><br /></p><p>Unfortunately, I bought only a small fraction of the gold coins I wanted then.</p><p><br /></p><p>Oh, well, I still have my health, my wife, my job, and my friends...and the too few gold coins I bought when gold was at $270/oz.</p><p><br /></p><p><br /></p><p>guy[/QUOTE]</p><p><br /></p>

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