Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
selective purchasing for an older geezer
>
Reply to Thread
Message:
<p>[QUOTE="mikem2000, post: 1359433, member: 30574"]Whoa now Doug,</p><p><br /></p><p>That graph you posted is very misleading. The first thing is even though it looks spectacularly bad, it only represents about a 10% drop. The second thing is you only took a small 3 three year slice of the picture. Investments are measured over decades, not years. If you had chosen to display the 10 year, it would show a gain of of about 110 - 120%. This all happened over a period when the S&P 500 retuned 0 during the last 10 years. Not too shabby I would say.</p><p><br /></p><p>Yes we all know there are many problems investing in coins, including the spread, overpaying, bad decisions and being cheated, just to name a few. We still need to show the whole story though, and that graph is only about 10 pixels of the entire picture.</p><p><br /></p><p>Mike[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1359433, member: 30574"]Whoa now Doug, That graph you posted is very misleading. The first thing is even though it looks spectacularly bad, it only represents about a 10% drop. The second thing is you only took a small 3 three year slice of the picture. Investments are measured over decades, not years. If you had chosen to display the 10 year, it would show a gain of of about 110 - 120%. This all happened over a period when the S&P 500 retuned 0 during the last 10 years. Not too shabby I would say. Yes we all know there are many problems investing in coins, including the spread, overpaying, bad decisions and being cheated, just to name a few. We still need to show the whole story though, and that graph is only about 10 pixels of the entire picture. Mike[/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
>
US Coins Forum
>
selective purchasing for an older geezer
>
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...