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<p>[QUOTE="ToughCOINS, post: 1771323, member: 20480"]I like the intent within your reply, however it doesn't address head-on the question of whether coins are a bad investment (compared with other vehicles).</p><p> </p><p>Neither coins, stocks, commodities, real estate, artwork nor any other vehicle is an excellent investment all by iteslf. Specific offerings within each, if properly targeted, acquired, and liquidated can yield substantial profit with minimal risk.</p><p> </p><p>Poor choices within each can just as easily cost you your life's savings. Only with education (and / or experience), patience, due diligence, some acceptance of risk and, yes . . . a little luck, may one make the right choices with regularity in any broad investment category.</p><p> </p><p>Don't let others fool you, but more importantly, don't kid yourself. If you're not willing to put in the time to do it right, you're choosing to do it wrong. </p><p> </p><p>If you enjoy shopping for, buying and looking at coins, consider yourself a hobbyist, and accept the dealer's margin as the cost of your enjoyment.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 1771323, member: 20480"]I like the intent within your reply, however it doesn't address head-on the question of whether coins are a bad investment (compared with other vehicles). Neither coins, stocks, commodities, real estate, artwork nor any other vehicle is an excellent investment all by iteslf. Specific offerings within each, if properly targeted, acquired, and liquidated can yield substantial profit with minimal risk. Poor choices within each can just as easily cost you your life's savings. Only with education (and / or experience), patience, due diligence, some acceptance of risk and, yes . . . a little luck, may one make the right choices with regularity in any broad investment category. Don't let others fool you, but more importantly, don't kid yourself. If you're not willing to put in the time to do it right, you're choosing to do it wrong. If you enjoy shopping for, buying and looking at coins, consider yourself a hobbyist, and accept the dealer's margin as the cost of your enjoyment.[/QUOTE]
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