Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
whats a good coin to invest in?
>
Reply to Thread
Message:
<p>[QUOTE="Kasia, post: 2062828, member: 31533"]"Collect like an investor and invest like a collector." Now there is a saying that sounds like it might rope in some gullible lad. But, really, what meaning does it have? None. A true collector is looking for value for today and items he can enjoy when he is able to view them, along with the knowledge that the item is his to enjoy when he wants.... and know that if he collects items in a field that has a good, stable collector base that is true and not a fad, his values should hold or increase. A true investor looks for an item he can exploit in the short or long-term so that turning a tidy profit is the goal, not the enjoyment of the item itself. Even if, sometimes, collectors "invest" in coins they enjoy and those coins turn a profit, I don't see the saying you gave like it is some sort of mantra to pave a path to success is valid. If you invest like a collector you are spending money on things you like and want to keep to enjoy, or to build a collection. If you collect like an investor you don't appreciate the item as a purchase except for what money (fiduciary profit) it will bring you, and having a collection has no real cohesiveness. Neither outcome is, by itself, a primary goal of that person's function, collector or investor.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 2062828, member: 31533"]"Collect like an investor and invest like a collector." Now there is a saying that sounds like it might rope in some gullible lad. But, really, what meaning does it have? None. A true collector is looking for value for today and items he can enjoy when he is able to view them, along with the knowledge that the item is his to enjoy when he wants.... and know that if he collects items in a field that has a good, stable collector base that is true and not a fad, his values should hold or increase. A true investor looks for an item he can exploit in the short or long-term so that turning a tidy profit is the goal, not the enjoyment of the item itself. Even if, sometimes, collectors "invest" in coins they enjoy and those coins turn a profit, I don't see the saying you gave like it is some sort of mantra to pave a path to success is valid. If you invest like a collector you are spending money on things you like and want to keep to enjoy, or to build a collection. If you collect like an investor you don't appreciate the item as a purchase except for what money (fiduciary profit) it will bring you, and having a collection has no real cohesiveness. Neither outcome is, by itself, a primary goal of that person's function, collector or investor.[/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
>
Coin Chat
>
whats a good coin to invest in?
>
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...