Message:

<p>[QUOTE=&quot;beef1020, post: 2801934, member: 24544&quot;]My thoughts, separate investing from collecting.&nbsp; Collect coins because you enjoy it, invest because there is a return.&nbsp; When you try to combine them, specifically in the bullion/numismatic area, you often are just rationalizing your decision. [USER=28047]@rickmp[/USER]&nbsp; gave you the best advice.</p><p><br /></p><p>I personally collect because that&#039;s how I want to spend my spending money.&nbsp; If I wake up in 20 years and all my coins are worthless, a real possibility with ancients and MOUs, then so be it, no skin off my back.&nbsp; </p><p><br /></p><p>If the money I have needs to go into my retirement account as an investment, I am looking for the best possible investment, coins do not enter into that calculation.&nbsp; I know myself too well, and understand how easy it would be to justify &#039;investing&#039; too much money into coins.&nbsp; With that said, I do have a small portion of my assets in precious medals, but again it&#039;s a investment asset.&nbsp; I buy the lowest spread that gives me the medal I want, I don&#039;t care how it looks, if it&#039;s scratched/toned/ugly/whatever, I don&#039;t play with it or take it out to look at.&nbsp; It&#039;s not a collection, it&#039;s there purely to serve my wealth creation/preservation purposes.</p><p><br /></p><p>So yeah, my thoughts are separate your investments from your collection.&nbsp; If you need the money to go into an investment, put it there.&nbsp; If it&#039;s spending money, then spend it on coins, and consider it spent in the same way that you spend money on restaurant/baseball game/movie...[/QUOTE]</p><p><br /></p>

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