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How to Balance PM's and Numismatic Coins?
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<p>[QUOTE="Clawcoins, post: 2694952, member: 77814"]This question really depends upon your objective.</p><p><br /></p><p>Do you want to flip PMs for short term profit?</p><p>Do you want to use PMs to build wealth (park your cash until some future time).</p><p>Do you just enjoy the PMs coin/medal/etc ?</p><p>Do you want to collect coins because you like coins, or to flip?</p><p>Do you want to collect PM based coinage ?</p><p><br /></p><p>What is your definition of "comprehensive"?</p><p>Is your timeframe (a) Right now; (b) in the next couple years or (c) longer?</p><p><br /></p><p>Personally, I have a nice collection of coins - copper and PM based.</p><p>I also park cash into PM base coinage for wealth building.</p><p>I do *not* do any short term flipping.</p><p>I also do *not* buy any 40/90% junk silver.</p><p><br /></p><p>But I think I have a nice "comprehensive" (for my purposes) coin collection, and PMs in the form of ASEs/ AGEs and PM based commemoratives & coins.</p><p><br /></p><p>It all depends upon what you want to do in the time frame you have set aside for it and how much $$$ you have during that time frame.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2694952, member: 77814"]This question really depends upon your objective. Do you want to flip PMs for short term profit? Do you want to use PMs to build wealth (park your cash until some future time). Do you just enjoy the PMs coin/medal/etc ? Do you want to collect coins because you like coins, or to flip? Do you want to collect PM based coinage ? What is your definition of "comprehensive"? Is your timeframe (a) Right now; (b) in the next couple years or (c) longer? Personally, I have a nice collection of coins - copper and PM based. I also park cash into PM base coinage for wealth building. I do *not* do any short term flipping. I also do *not* buy any 40/90% junk silver. But I think I have a nice "comprehensive" (for my purposes) coin collection, and PMs in the form of ASEs/ AGEs and PM based commemoratives & coins. It all depends upon what you want to do in the time frame you have set aside for it and how much $$$ you have during that time frame.[/QUOTE]
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