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<p>[QUOTE="Owle, post: 1850863, member: 22004"]<img src="http://legitfaith.files.wordpress.com/2012/03/dollarsigns.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p>"Why do wealthy individuals invest in rare coins? This asset class can produce windfall profit opportunities for investors. For example, some years ago the chairman and CEO of Fidelity Investments, the world's largest mutual fund company, was one of the principal investors in a partnership that invested $348,380 in rare U.S. coins. The partnership was liquidated about four years later for $2,158,450.</p><p><br /></p><p>"But rare coins offer more than the occasional windfall profit. They are also an excellent diversification - a better hedge than gold and a much better long-term investment. A study by the chief investment officer for GE Private Asset Management Inc. concluded that rare coin returns have been highly attractive over the past 62 years, and that even a small allocation provides an excellent diversification for a well-balanced portfolio."</p><p><br /></p><p>KA-CHING!</p><p><br /></p><p>Usually the only people getting rich are the promoters and the "authorities" on rare gold who trade their names for a piece of the action.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1850863, member: 22004"][IMG]http://legitfaith.files.wordpress.com/2012/03/dollarsigns.jpg[/IMG] "Why do wealthy individuals invest in rare coins? This asset class can produce windfall profit opportunities for investors. For example, some years ago the chairman and CEO of Fidelity Investments, the world's largest mutual fund company, was one of the principal investors in a partnership that invested $348,380 in rare U.S. coins. The partnership was liquidated about four years later for $2,158,450. "But rare coins offer more than the occasional windfall profit. They are also an excellent diversification - a better hedge than gold and a much better long-term investment. A study by the chief investment officer for GE Private Asset Management Inc. concluded that rare coin returns have been highly attractive over the past 62 years, and that even a small allocation provides an excellent diversification for a well-balanced portfolio." KA-CHING! Usually the only people getting rich are the promoters and the "authorities" on rare gold who trade their names for a piece of the action.[/QUOTE]
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