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<p>[QUOTE="doug444, post: 1653516, member: 38849"]I think you sit tight for two years, and see what plays out with the economy, inflation, and the dollar.</p><p><br /></p><p>And the most financially conservative approach is to try to WORK part-time in a coin shop and see if you LIKE it. Pay strict attention when the owner is ----ing and ----ing about his expenses.</p><p><br /></p><p>Even if I was 30, I wouldn't start ANY kind of bricks-and-mortar collectibles business for anything. You are trying to compete with the Internet, with its 100,000 vest pocket dealers. Everything's stacked against small business now.</p><p><br /></p><p>And the trend is for local governments to require all kinds of record-keeping for purchases, just like a pawn shop, with the IRS always looking over your shoulder. I won't even mention security. </p><p><br /></p><p> Sorry to be negative, but start-ups are exceedingly expensive and rapidly disappearing, and there are good reason why. The Internet changed everything, and when any Joe can check prices a dozen times in five minutes, the good buys get few and far between.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1653516, member: 38849"]I think you sit tight for two years, and see what plays out with the economy, inflation, and the dollar. And the most financially conservative approach is to try to WORK part-time in a coin shop and see if you LIKE it. Pay strict attention when the owner is ----ing and ----ing about his expenses. Even if I was 30, I wouldn't start ANY kind of bricks-and-mortar collectibles business for anything. You are trying to compete with the Internet, with its 100,000 vest pocket dealers. Everything's stacked against small business now. And the trend is for local governments to require all kinds of record-keeping for purchases, just like a pawn shop, with the IRS always looking over your shoulder. I won't even mention security. Sorry to be negative, but start-ups are exceedingly expensive and rapidly disappearing, and there are good reason why. The Internet changed everything, and when any Joe can check prices a dozen times in five minutes, the good buys get few and far between.[/QUOTE]
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