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<p>[QUOTE=&quot;Collector1966, post: 1710419, member: 17919&quot;]While I agree with the basic premise of the article, I beg to differ about the definition of &quot;investment&quot;. The author states, &quot;An investment pays a return, a dividend, generates income, etc. apart from the underlying principal.&quot; This is not quite right. An investment is merely money that is put into a project, undertaking, asset, etc., with the expectation of eventually winding up with more money than what was put in. </p><p><br /></p><p>For example, most stocks do NOT pay dividends. This is especially true for start-up companies. Even Wal-Mart did not pay dividends for years after it went public. Yet people still invest in them with the expectation of making money down the road.&nbsp; </p><p><br /></p><p>I own coins because I like them. Some of my coins will never be worth more than what I paid for them, like my ancient bronzes and various 19th century world coins. However, when I plunk down money for so-called &quot;junk silver&quot;, I do so for various reasons. One is to treasure hunt to see if some &quot;goodie&quot; slipped into the bunch. However, I also buy these kinds of coins on the expectation that they will rise in value due to their silver content. This makes them an &quot;investment&quot;, regardless of whether or not I derive any income from them before I sell them.[/QUOTE]</p><p><br /></p>

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