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<p>[QUOTE=&quot;Info Sponge, post: 755455, member: 20538&quot;]Investment performance comes and goes, but transaction costs go on forever.</p><p><br /></p><p>Investing in a product like the gold ETF or BullionVault gives you spreads that are a small fraction of a percent. At BullionVault I&#039;ve seen 9 basis points between bid and asked for six-figure orders, though it&#039;s usually not that good.</p><p><br /></p><p>Investing in bullion coins from an Internet dealer exposes you to bid/ask spreads in the 3-5% range, and there&#039;s shipping costs to think about.</p><p><br /></p><p>Transaction costs on numismatic coins are far higher. I&#039;ve seen some numbers, but since I&#039;d only be quoting people who know more than I do, I&#039;ll just let one of them talk about how far a rare coin&#039;s value would have to rise before you broke even.</p><p><br /></p><p>On the other hand the point of investing is ultimately to add to your happiness, and the emotional rewards of owning something from Julius Caesar&#039;s time are just as valid as a dividend check. Assuming you already have enough other investments that you won&#039;t have to eat Alpo in your old age.[/QUOTE]</p><p><br /></p>

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