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<p>[QUOTE="mikem2000, post: 1359586, member: 30574"]Sure, I was spot on with all my points, if you disagree, please re-read my post. NO WHERE does it say coins I think coins are a good investment or a bad investment at this point in time. The fact is I don't know.</p><p>The point of the post was, you told the original poster to put his $5000 else where and said what he was thinking about, you thought was a bad idea. You then showed what was a technically accurate graph, but because it was such a small slice of time, distorted the whole picture and I called BULL. This was your only piece of proof for your position. I am sure I could grab a three year slice from Apple's graph that would show that Apple was a bad investment, but that would not show the whole picture either. I also stated that there were many problems with coin investments. I am sure you have no issue with that. The point I made with the S&P was pure fact, Coins 110% gain S&P 0%. NO WHERE did I say that past performance = future performance. I really cannot see a single point where there should be any disagreement at all.</p><p><br /></p><p>Now the original poster is a long time collector, not some newbie. You have no idea what percent $5000 is of his total portfolio and whether his is risk tolerant with those 5 G's or not. He also knows the reality of the situation and said he is looking for something to hold its value, not to make a killing. For Pete's sake, he is just looking to buy some nice coins for his kids. It is hard to believe someone asks for advise on a Coin formum on what coins to buy, and you say he should buy something else. </p><p><br /></p><p>So Doug, fire away, but this is my last post on this matter and I don't know about you but I am going to answer the OP's original question. If he says he has 5 G's to spend on coins, then that is what I am going to help with.</p><p><br /></p><p>BTW the 40 year graph, does work for me. I would absolutely love those returns.</p><p><br /></p><p>Mike[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1359586, member: 30574"]Sure, I was spot on with all my points, if you disagree, please re-read my post. NO WHERE does it say coins I think coins are a good investment or a bad investment at this point in time. The fact is I don't know. The point of the post was, you told the original poster to put his $5000 else where and said what he was thinking about, you thought was a bad idea. You then showed what was a technically accurate graph, but because it was such a small slice of time, distorted the whole picture and I called BULL. This was your only piece of proof for your position. I am sure I could grab a three year slice from Apple's graph that would show that Apple was a bad investment, but that would not show the whole picture either. I also stated that there were many problems with coin investments. I am sure you have no issue with that. The point I made with the S&P was pure fact, Coins 110% gain S&P 0%. NO WHERE did I say that past performance = future performance. I really cannot see a single point where there should be any disagreement at all. Now the original poster is a long time collector, not some newbie. You have no idea what percent $5000 is of his total portfolio and whether his is risk tolerant with those 5 G's or not. He also knows the reality of the situation and said he is looking for something to hold its value, not to make a killing. For Pete's sake, he is just looking to buy some nice coins for his kids. It is hard to believe someone asks for advise on a Coin formum on what coins to buy, and you say he should buy something else. So Doug, fire away, but this is my last post on this matter and I don't know about you but I am going to answer the OP's original question. If he says he has 5 G's to spend on coins, then that is what I am going to help with. BTW the 40 year graph, does work for me. I would absolutely love those returns. Mike[/QUOTE]
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