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<p>[QUOTE=&quot;NSP, post: 2368178, member: 74849&quot;]Someone may have already said something like this, but this is my take on coin collecting as an investment. </p><p><br /></p><p>Basically I see money I spend on coins as &quot;fun&quot; money that I planned to blow just because I have some money left over in my budget I don&#039;t plan on saving. I could spend this on a lot of things, like alcohol, junk food, going to sporting events, etc. Instead of spending my money on these sources of fun, I decide to spend some of my money on some coins that I like. In this sense, coins are a good investment of my discretionary income because I still have something to show for it a week, a month, and a year later. All the other things I listed don&#039;t do a whole lot for you after you buy and consume them. This way, I&#039;m able to recoup some of my &quot;fun&quot; money I spent on the coins if I want to. </p><p><br /></p><p>In short, spending money on coins is a better investment than beer and chicken wings. That said, I would be very reluctant about putting a significant amount (&gt;1% in my book) of my investments in coins because that can be a risky endeavor. </p><p><br /></p><p>Also keep in mind that your age plays a part in this somewhat. I&#039;m young enough that if I totally bomb on a coin purchase and if I really want to break even on it I can always indignantly sit on it for 20+ years until the market improves. Older collectors don&#039;t have the luxury of being able to sit on a crummy purchase as long. </p><p><br /></p><p>But as long as you enjoy collecting, that&#039;s&nbsp; primarily what matters!![/QUOTE]</p><p><br /></p>

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