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<p>[QUOTE="Detecto92, post: 1965606, member: 75105"]The point that seemed to have been lost along the thread is:</p><p><br /></p><p><u>I'm not looking to base my retirement on rare coins, but make them 10-20 percent of my portfolio.</u></p><p><br /></p><p>The point with investing....the whole market <i>may not </i>crash, but it CAN crash. </p><p><br /></p><p>There is always a possibility.</p><p><br /></p><p>Think of it this way...if you got ready to retire...and the recession of '09 hit, your entire portfolio would tank quite a bit.</p><p><br /></p><p>Yet your rare coins would not have lost much value, if any.</p><p><br /></p><p>I don't see a 16-D dime being worth $20 30-40 years from now. </p><p><br /></p><p>I don't think they are a <i>great</i> investment, but they are not a <i>bad </i>investment.</p><p><br /></p><p>If you had bought rare coins when you were 20, and retired in 2009 (so that's a good 40 years back), the money you gained on your coin investment would negate the portfolio loss from a recession or a depression.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1965606, member: 75105"]The point that seemed to have been lost along the thread is: [U]I'm not looking to base my retirement on rare coins, but make them 10-20 percent of my portfolio.[/U] The point with investing....the whole market [I]may not [/I]crash, but it CAN crash. There is always a possibility. Think of it this way...if you got ready to retire...and the recession of '09 hit, your entire portfolio would tank quite a bit. Yet your rare coins would not have lost much value, if any. I don't see a 16-D dime being worth $20 30-40 years from now. I don't think they are a [I]great[/I] investment, but they are not a [I]bad [/I]investment. If you had bought rare coins when you were 20, and retired in 2009 (so that's a good 40 years back), the money you gained on your coin investment would negate the portfolio loss from a recession or a depression.[/QUOTE]
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