Message:

<p>[QUOTE=&quot;Vess1, post: 1219184, member: 13650&quot;]This was well stated.&nbsp; Not saying you couldn&#039;t be the exception but I&#039;d guess for the most part, this statement holds true.&nbsp; This topic is a well blazed trail.&nbsp; Seems like a couple new people a week arrive here to announce they want to to invest in coins but have no knowledge of them.&nbsp; And almost every one of them has started buying up coins before buying a single book on the matter.</p><p><br /></p><p>&nbsp;</p><p><br /></p><p><br /></p><p>&nbsp; On the other hand, I couldn&#039;t go this far.&nbsp;&nbsp; I will say coins may not be that good but to say there are so many safer and better places to go is stretching it, IMO.&nbsp; &nbsp; I think the reason so many people are coming up with the idea of coins is because they&#039;re lost.&nbsp; What&#039;s left?&nbsp;&nbsp; Sure, my savings account is safe and liquid but it&#039;s earning 0.35% interest!!&nbsp;&nbsp; What&#039;s a good CD now?&nbsp; 3%? lol</p><p><br /></p><p>&nbsp;&nbsp; &nbsp;&nbsp; Do you send it to the wall street game and let the insiders run away with the profits time and time again?&nbsp; &nbsp; Just because the dow is back to 12k doesn&#039;t mean we&#039;re back in business and things are good!&nbsp;&nbsp; That&#039;s actually horrendous given the fact that we hit 10k in 1999.&nbsp; &nbsp; </p><p><br /></p><p>&nbsp;At least coins are something physical that you have and can get to.&nbsp;&nbsp; When your money&#039;s sitting in wall street it&#039;s far, far away, and not easy to get your hands on again.&nbsp;&nbsp; The furthest it could be away from your pocket and still claim you own the value of it.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;Is real estate safer?&nbsp; The bottom dropped out and seems to be still falling.&nbsp; I&#039;m absolutely shocked at the value lost between me and my friends&#039; properties.&nbsp; Over the last 8 years, we may as well have thrown a pile of cash on the ground and taken a match to it.&nbsp;&nbsp; The banks took it all and our properties have plummeted from where they were 10 years ago.&nbsp;&nbsp; And it&#039;s probably not over yet because the few people left that do have a job, will never be able to afford a house or property anyway.&nbsp; Driving our values down even further.&nbsp; </p><p><br /></p><p>&nbsp;So I&#039;m not sure where all these safe havens are but if you can buy something that just retains value, you&#039;re doing pretty good these days.[/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