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Message:: [QUOTE="cdc, post: 1423476, member: 33641"]Longnine009, agreed. Just because companies have the potential to make money does not mean they will. Also investment does not = make money. It's just to differentiate vs. speculation. My Dad is pretty amazing (like all our Dad's) in that he has made money on the market. Unlike his friends and relatives he doesn't go for the kill. He clunks along at 3-10-15% (depending on the climate) and doesn't go for the 1,000% return penny stocks. Right now he buys stocks that pay a dividend. So he makes more than the .5% that banks give out. Here is my take on profitable coin collecting..... in a simplistic story: Back in 1970's I thought trade dollars were underpriced. Wanted to buy one but none were available. 30 years later, trade dollars were a good investment. SO IMHO, the good coins that have profit potential are super hard to find and scooped up by insiders, people at the right place at the right time, and coin dealers. They just aren't available. Even if you know what to buy you can't find it. Just like art. I know what I want but the owners won't sell. Another story:Back in the 80's I heard a song I liked on the radio. Called the station and asked who wrote it. Called records stores all over but nobody had it. Finally found a store in a slum who *****ed and moaned but did finally put in a special order for it. 30 years later that CD sells for hundreds of dollars. I didn't buy for an investment, I just liked the songs. But again, the point is, the "good stuff" goes up because you can't buy it, even if you know what to buy. Plus factor in all your time searching for the good stuff. Time = money. Except you don't with a hobby because it's fun, not work. Problem is everyone else feels the same way so you're competing against all them too. Just my take on all this..........[/QUOTE]

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