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So, you are in charge of a coin investment fund. What would you do?
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<p>[QUOTE="mrbreeze, post: 13684029, member: 86726"][USER=73489]@GoldFinger1969[/USER]</p><p><br /></p><p>Really appreciate your thoughts and taking your time to apply your knowledge. You have brought a high degree of information and intelligence to this proposition. As was erroneously thought, I’m not trying to start a fund or convince people to put money in a fund or convince people that investing in coins is wise or not wise. I have my own reasons why I don’t think it would work but you have highlighted a lot of areas I wouldn’t even get to in my thought process. The only thing I would add is that I would consider the whole numismatic market as part of any investment, again which I am not proposing is good or bad or even legal. All coins would be considered (world and US) as well as books, investments in companies, auction houses, us mint products, foreign mint products, precious metals, basically anything tied to the numismatic market. I’m not sure that changes a lot of what you have highlighted, but my thought would be that it would smooth out the rough years and provide more consistent performance over the life of the fund. Again, let me reiterate, I am not starting a coin fund. I am not asking anyone to change their mind about coin investments. I do not endorse or propose anybody consider investing in coins as a retirement vehicle. The things I know, through personal experience and observation, is that coins can make money and I think it costs people money to just accept the fact that they will lose money in coins.[/QUOTE]</p><p><br /></p>
[QUOTE="mrbreeze, post: 13684029, member: 86726"][USER=73489]@GoldFinger1969[/USER] Really appreciate your thoughts and taking your time to apply your knowledge. You have brought a high degree of information and intelligence to this proposition. As was erroneously thought, I’m not trying to start a fund or convince people to put money in a fund or convince people that investing in coins is wise or not wise. I have my own reasons why I don’t think it would work but you have highlighted a lot of areas I wouldn’t even get to in my thought process. The only thing I would add is that I would consider the whole numismatic market as part of any investment, again which I am not proposing is good or bad or even legal. All coins would be considered (world and US) as well as books, investments in companies, auction houses, us mint products, foreign mint products, precious metals, basically anything tied to the numismatic market. I’m not sure that changes a lot of what you have highlighted, but my thought would be that it would smooth out the rough years and provide more consistent performance over the life of the fund. Again, let me reiterate, I am not starting a coin fund. I am not asking anyone to change their mind about coin investments. I do not endorse or propose anybody consider investing in coins as a retirement vehicle. The things I know, through personal experience and observation, is that coins can make money and I think it costs people money to just accept the fact that they will lose money in coins.[/QUOTE]
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So, you are in charge of a coin investment fund. What would you do?
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