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worth buying gold 1/10 at a time??
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<p>[QUOTE="medoraman, post: 1328683, member: 26302"]If you wish to invest in gold, invest in gold. If you wish to invest in collectible coins, don't. They are two separate assets, where the PM has some definite investment qualities, collectible coins really do not. Do not confuse the two. If you can buy an old coin for its bullion value, feel free, but anything in excess is in jeapordy.</p><p><br /></p><p>Chris</p><p><br /></p><p>Edit: Just to clarify, I buy thousands in rare coins a year. I never consider them part of my portfolio, though, since the return is unpredictable. My return on these conis is my enjoyment, not financial. If my wife makes some money when I am dead from them, good for her, but I am not counting on it. Counting on returns from any collectibles is a dangerous game.</p><p><br /></p><p>My aunt's beanie baby fortune, and my nephew's baseball card fortune, are testament to this fact.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1328683, member: 26302"]If you wish to invest in gold, invest in gold. If you wish to invest in collectible coins, don't. They are two separate assets, where the PM has some definite investment qualities, collectible coins really do not. Do not confuse the two. If you can buy an old coin for its bullion value, feel free, but anything in excess is in jeapordy. Chris Edit: Just to clarify, I buy thousands in rare coins a year. I never consider them part of my portfolio, though, since the return is unpredictable. My return on these conis is my enjoyment, not financial. If my wife makes some money when I am dead from them, good for her, but I am not counting on it. Counting on returns from any collectibles is a dangerous game. My aunt's beanie baby fortune, and my nephew's baseball card fortune, are testament to this fact.[/QUOTE]
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