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<p>[QUOTE="Cherd, post: 1460108, member: 24754"]It's not so much "how much do you spend on coins", as everybody's situation is different. I think the more interesting statistic would be how much a person spends on coins as a function of their net worth or yearly income. One person may spend $1000 on a coin, which then represents everything that they have, whereas spending $1000 on a coin would be basically meaningless to a person like Bill Gates.</p><p><br /></p><p>There's not really a straight forward method for characterizing this type of thing, but I suppose that:</p><p><br /></p><p><u>(most you're willing to spend on a coin)</u></p><p> (pre-tax annual income)</p><p><br /></p><p>would be the most straight forward approach. For me this ratio works out to 0.007, or 1/146</p><p>Of course, when considering the value of this ratio the number of coins that a person buys per year is also important. But, like I said, it's a simple approach.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 1460108, member: 24754"]It's not so much "how much do you spend on coins", as everybody's situation is different. I think the more interesting statistic would be how much a person spends on coins as a function of their net worth or yearly income. One person may spend $1000 on a coin, which then represents everything that they have, whereas spending $1000 on a coin would be basically meaningless to a person like Bill Gates. There's not really a straight forward method for characterizing this type of thing, but I suppose that: [U](most you're willing to spend on a coin)[/U] (pre-tax annual income) would be the most straight forward approach. For me this ratio works out to 0.007, or 1/146 Of course, when considering the value of this ratio the number of coins that a person buys per year is also important. But, like I said, it's a simple approach.[/QUOTE]
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