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<p>[QUOTE="kirispupis, post: 7846170, member: 118780"]I'm of a firm belief that you can describe all collectors/investors by a triangle. The following are each of the corners:</p><p><br /></p><p><b>Investment driven</b> - You buy the coin only because you believe it will increase in value.</p><p><b>Exclusivity driven</b> - You buy the coin because it's extremely rare, and you want the privilege of owning this extremely scarce coin.</p><p><b>Emotionally driven</b> - You buy the coin because there's some emotional value. Maybe you just like the design or the history.</p><p><br /></p><p>No one is strictly at a corner, but everyone's instead somewhere in the middle of the triangle. However, we're all closer to one corner than another.</p><p><br /></p><p>At one point I was going to write up a detailed analysis complete with formulas derived from my "other life" as a real estate investor. I didn't post it out of the very real fear of boring everyone here.</p><p><br /></p><p>Personally, I tend to be closer to the "emotional" corner. I buy coins because I love their histories. I have no intentions to ever sell. That being said, I try to buy the best quality ones possible (exclusivity corner) for ideally a very good price (investment corner).</p><p><br /></p><p>For real estate, I'm obviously close to the investment corner, but I like finding properties in up-and-coming areas (exclusivity corner) and the place has to look decent (emotional corner).[/QUOTE]</p><p><br /></p>
[QUOTE="kirispupis, post: 7846170, member: 118780"]I'm of a firm belief that you can describe all collectors/investors by a triangle. The following are each of the corners: [B]Investment driven[/B] - You buy the coin only because you believe it will increase in value. [B]Exclusivity driven[/B] - You buy the coin because it's extremely rare, and you want the privilege of owning this extremely scarce coin. [B]Emotionally driven[/B] - You buy the coin because there's some emotional value. Maybe you just like the design or the history. No one is strictly at a corner, but everyone's instead somewhere in the middle of the triangle. However, we're all closer to one corner than another. At one point I was going to write up a detailed analysis complete with formulas derived from my "other life" as a real estate investor. I didn't post it out of the very real fear of boring everyone here. Personally, I tend to be closer to the "emotional" corner. I buy coins because I love their histories. I have no intentions to ever sell. That being said, I try to buy the best quality ones possible (exclusivity corner) for ideally a very good price (investment corner). For real estate, I'm obviously close to the investment corner, but I like finding properties in up-and-coming areas (exclusivity corner) and the place has to look decent (emotional corner).[/QUOTE]
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