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<p>[QUOTE="conderluva, post: 764539, member: 21717"]I have to agree. There is a lot of risk in numismatic investments. Certainly, potential to make a good buck exists but there are better places to invest your money if your not in it mostly for the hobby aspect. To me collecting is a passion. It brings me joy and is a part of who I am. I find that in most cases the pieces I like I also feel may yield a nice return in the future but I understand that there is no guarantee. So I only buy things that I absolutely love (I make sure that I love them to the point that I don't foresee having a desire to sell them.) This way if they fall in value I still enjoy being their caretaker. </p><p><br /></p><p>Investing is a job and it requires a constant study of the market. If you are not willing to put the time into monitoring and analyzing the market then you are not willing to be an investor... and you should expect financial losses. The idea of buying something and expecting that it must go only up in value over any period of time is foolish (i.e. the mentality of most homeowners pre 2008)[/QUOTE]</p><p><br /></p>
[QUOTE="conderluva, post: 764539, member: 21717"]I have to agree. There is a lot of risk in numismatic investments. Certainly, potential to make a good buck exists but there are better places to invest your money if your not in it mostly for the hobby aspect. To me collecting is a passion. It brings me joy and is a part of who I am. I find that in most cases the pieces I like I also feel may yield a nice return in the future but I understand that there is no guarantee. So I only buy things that I absolutely love (I make sure that I love them to the point that I don't foresee having a desire to sell them.) This way if they fall in value I still enjoy being their caretaker. Investing is a job and it requires a constant study of the market. If you are not willing to put the time into monitoring and analyzing the market then you are not willing to be an investor... and you should expect financial losses. The idea of buying something and expecting that it must go only up in value over any period of time is foolish (i.e. the mentality of most homeowners pre 2008)[/QUOTE]
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