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If you had $500 to invest in coins per month what would you buy?
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<p>[QUOTE="imrich, post: 2444474, member: 22331"]Mr. King:</p><p><br /></p><p>Thank you for your objective inquiry which appears void of absolute statements. Much Appreciated!!</p><p><br /></p><p>I believe you are absolutely correct that the "average person" will not get "rich" in the "BULLION" market. I've helped neophytes get rich in the coin market by teaching the basics of collecting as an investment. It's complicated, violating human tendencies, requiring one to learn before buying, don't collect what's readily available to the majority, be patient, learn human traits for buying/selling, be prepared to instantly "pull the trigger" when an anomaly is found, don't be greedy when selling, etc..</p><p><br /></p><p>All of the above parameters were taught, learned, and tested. Those who learned/applied were rewarded with abnormal returns. Those who didn't were rejected from the program. Generally "American" average learned traits seem irreversible. I've been very "successful", with that word meaning in my vocabulary, "better than known peers".</p><p><br /></p><p>I've been a participant in the "stock market" for more than a half century, generally as a "successful" contrarian. Successfully selling "Blue Chips short, etc, offering stock sales "brokers" to personally lose or be paid the difference between 6 months gains in personally selected portfolios. I enjoyed the successful endeavors, and the rewards.</p><p><br /></p><p>Pertaining to "absolute" statements, you may recognize this amongst others of your statements: "A 1913-S, 1909-D or 1914 has mintage of less than 100,000 and these are coins that circulated. They are not that much more that 1927 or 1928 with mintage in millions." All of my selling associates thought, as I, you hadn't ever tried to acquire these scarce coins. When I asked a respected seller on this site if he could deliver as you stated. He said I'd be in a "long line". I have an extraordinary collection of the $20 Double Eagles, widely known for my unusual scarce date accumulations, having been contacted by world-wide buyers trying to locate these coins, being referred by salesmen at National Gold Exchange. If you know of a source as stated, I'm a complete buyer for the offerings.</p><p><br /></p><p>Please consider when you make absolute statements, the uninformed may construe your "statements" (i.e. not opinions) as knowledgeable fact, possibly losing additional credibility for CoinTalk.</p><p><br /></p><p>If my believed statements appear incorrect to you, please post any exception, as I recognize my fallibility.</p><p><br /></p><p>Thank you for your patient reply!![/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2444474, member: 22331"]Mr. King: Thank you for your objective inquiry which appears void of absolute statements. Much Appreciated!! I believe you are absolutely correct that the "average person" will not get "rich" in the "BULLION" market. I've helped neophytes get rich in the coin market by teaching the basics of collecting as an investment. It's complicated, violating human tendencies, requiring one to learn before buying, don't collect what's readily available to the majority, be patient, learn human traits for buying/selling, be prepared to instantly "pull the trigger" when an anomaly is found, don't be greedy when selling, etc.. All of the above parameters were taught, learned, and tested. Those who learned/applied were rewarded with abnormal returns. Those who didn't were rejected from the program. Generally "American" average learned traits seem irreversible. I've been very "successful", with that word meaning in my vocabulary, "better than known peers". I've been a participant in the "stock market" for more than a half century, generally as a "successful" contrarian. Successfully selling "Blue Chips short, etc, offering stock sales "brokers" to personally lose or be paid the difference between 6 months gains in personally selected portfolios. I enjoyed the successful endeavors, and the rewards. Pertaining to "absolute" statements, you may recognize this amongst others of your statements: "A 1913-S, 1909-D or 1914 has mintage of less than 100,000 and these are coins that circulated. They are not that much more that 1927 or 1928 with mintage in millions." All of my selling associates thought, as I, you hadn't ever tried to acquire these scarce coins. When I asked a respected seller on this site if he could deliver as you stated. He said I'd be in a "long line". I have an extraordinary collection of the $20 Double Eagles, widely known for my unusual scarce date accumulations, having been contacted by world-wide buyers trying to locate these coins, being referred by salesmen at National Gold Exchange. If you know of a source as stated, I'm a complete buyer for the offerings. Please consider when you make absolute statements, the uninformed may construe your "statements" (i.e. not opinions) as knowledgeable fact, possibly losing additional credibility for CoinTalk. If my believed statements appear incorrect to you, please post any exception, as I recognize my fallibility. Thank you for your patient reply!![/QUOTE]
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If you had $500 to invest in coins per month what would you buy?
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