Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Retirement......numismatic coins saved....
>
Reply to Thread
Message:
<p>[QUOTE="Jason Hoffpauir, post: 2422151, member: 67527"]I hear and see all the arguments for and against investing into coins for retirement or for a suitable investment. Obviously, one should diversify their money for when they do retire. I think if you do your research you can use coins as a means of making money when you retire; maybe. Saying this, I love collecting coins for the pure sense of the joy of collecting. If I happen to make money when I reach retirement then so be it; if I don't I feel the same. </p><p><br /></p><p> I would rather enjoy spending my days until I retire collecting coins I love then worrying about whether I will make money doing so. I hope that when I do finally retire I would have invested in other means of capital such as stocks, bonds, Roth IRA's, CD's, personal savings, etc. Sometimes I personally feel that the numismatic community forgets why we started collecting coins, paper money, bullion, etc in the first place. The last time I checked; for me at least, it was for the pure joy of acquiring the coins that I love and will pass on to my children. </p><p><br /></p><p> I do understand that solely investing in coins as your top portfolio goal is foolish as the markets are very unstable and volatile. If you have the time to do the research and carefully studying the market then maybe you will succeed. Someone wise once told me that "we are only the caretakers of the coins we collect; until someone else becomes the next caretaker".[/QUOTE]</p><p><br /></p>
[QUOTE="Jason Hoffpauir, post: 2422151, member: 67527"]I hear and see all the arguments for and against investing into coins for retirement or for a suitable investment. Obviously, one should diversify their money for when they do retire. I think if you do your research you can use coins as a means of making money when you retire; maybe. Saying this, I love collecting coins for the pure sense of the joy of collecting. If I happen to make money when I reach retirement then so be it; if I don't I feel the same. I would rather enjoy spending my days until I retire collecting coins I love then worrying about whether I will make money doing so. I hope that when I do finally retire I would have invested in other means of capital such as stocks, bonds, Roth IRA's, CD's, personal savings, etc. Sometimes I personally feel that the numismatic community forgets why we started collecting coins, paper money, bullion, etc in the first place. The last time I checked; for me at least, it was for the pure joy of acquiring the coins that I love and will pass on to my children. I do understand that solely investing in coins as your top portfolio goal is foolish as the markets are very unstable and volatile. If you have the time to do the research and carefully studying the market then maybe you will succeed. Someone wise once told me that "we are only the caretakers of the coins we collect; until someone else becomes the next caretaker".[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Retirement......numismatic coins saved....
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...