Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Just started my PM coin journey today !
>
Reply to Thread
Message:
<p>[QUOTE="2011steeny, post: 2764598, member: 87763"]Whether your buying Gold, Silver, Platinum, or any other PM, you need to watch the market pretty closely as an Investor. If your purchasing PM's as a Collector, you still need to be aware of market prices, but your purchases as a collector will probably, (and usually), cost slightly more.</p><p><br /></p><p>If you have the funds to purchase PM's as an investor, and you have a way to sell them when the prices go up, then by all means go for it. However, I would inform you, that this is a very risky business, and you can loose your shirt really quickly if you're not careful, and you don't have the right business plan.</p><p><br /></p><p>If your purchasing PM's as a collector, you will generally be getting items that are of particular interest to you. These items can be passed down to future generations, and can easily be worth much more then what you purchased them for. Then again, the items could be worth less in value, but 100 times more in significance, to those you leave them to.</p><p><br /></p><p>It all comes down to the size of your wallet, and/or your collecting or investing interests. Precious Metals will always have value, whether as an investment, (which you will have to wait for), or as a collection, (for the significant value). How you decide to categorize them, is totally up to you, and how much you want to spend.[/QUOTE]</p><p><br /></p>
[QUOTE="2011steeny, post: 2764598, member: 87763"]Whether your buying Gold, Silver, Platinum, or any other PM, you need to watch the market pretty closely as an Investor. If your purchasing PM's as a Collector, you still need to be aware of market prices, but your purchases as a collector will probably, (and usually), cost slightly more. If you have the funds to purchase PM's as an investor, and you have a way to sell them when the prices go up, then by all means go for it. However, I would inform you, that this is a very risky business, and you can loose your shirt really quickly if you're not careful, and you don't have the right business plan. If your purchasing PM's as a collector, you will generally be getting items that are of particular interest to you. These items can be passed down to future generations, and can easily be worth much more then what you purchased them for. Then again, the items could be worth less in value, but 100 times more in significance, to those you leave them to. It all comes down to the size of your wallet, and/or your collecting or investing interests. Precious Metals will always have value, whether as an investment, (which you will have to wait for), or as a collection, (for the significant value). How you decide to categorize them, is totally up to you, and how much you want to spend.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Just started my PM coin journey today !
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...