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What is your "Buying Strategy?"
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<p>[QUOTE="-jeffB, post: 1938291, member: 27832"]I'm not especially proud of it, but my strategy is "buy bargains", with an implicit "and sell them at a profit". Until I start executing the "sell them at a profit" part on a more regular basis, though, there's a very real danger that I'm deceiving myself and/or simply hoarding.</p><p><br /></p><p>In other words, I may think I'm acquiring undergraded coins at a good price, only to find out that they're not undergraded at all. Or I may be accumulating nicer raw coins hidden in random lots, only to find that they have problems, or worse yet, aren't genuine. Until I'm getting regular feedback in the form of successful sales (or, in the latter case, successful TPG submissions), I can't be sure that I'm doing it right.</p><p><br /></p><p>So, yeah, it's possible that I'm setting myself up for some bad surprises down the line -- but I'm not gambling anything I can't afford to lose, and I'm having a good time, so I think I'm doing it "right enough".[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1938291, member: 27832"]I'm not especially proud of it, but my strategy is "buy bargains", with an implicit "and sell them at a profit". Until I start executing the "sell them at a profit" part on a more regular basis, though, there's a very real danger that I'm deceiving myself and/or simply hoarding. In other words, I may think I'm acquiring undergraded coins at a good price, only to find out that they're not undergraded at all. Or I may be accumulating nicer raw coins hidden in random lots, only to find that they have problems, or worse yet, aren't genuine. Until I'm getting regular feedback in the form of successful sales (or, in the latter case, successful TPG submissions), I can't be sure that I'm doing it right. So, yeah, it's possible that I'm setting myself up for some bad surprises down the line -- but I'm not gambling anything I can't afford to lose, and I'm having a good time, so I think I'm doing it "right enough".[/QUOTE]
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