What Would Be A Good Investment In Numismatic Items?

No dividends are really an enormous deal when it comes to compounding and you just cited perhaps the perfect example of a holding company that has proven it in spades. Buffett has talked at length about it. BRK never paid a dividend to shareholders but absolutely did do buybacks instead and largely because WB knew his talent as a capital manager would result in better return on equity for shareholders than a cash dividend, but his KO holdings did a lot of heavy dividend lifting for the past 40 years.

AI did some napkin math but if you put 10k into gold, 10k in KO stock set to DRIP and 10k in nice uncirculated 1909 SVDB Lincoln Cents in 1986, here's the outcome.




That's not cherry-picking timelines or examples.

You'd want to mention stocks like Coca Cola that have done great compared to gold. I could point to companies that went backrupt, their stock crashed to almost nothing like Enron and others or investment Ponzi scams like Bernie Madoff, investors lost their money. Some brokers/financial planners have turned bad and stole client's funds. After the Great Depression it took over 20 years for the stock market to recover.

There's risk with every asset. Someone could break into my safety deposit box and steal my gold/silver. My bother got scammed out of about $20,000 in bitcoin.

Very rare coins have sold for millions of dollars outperforming stocks.

We all have a right to our opinions. I like me some gold/silver and won't change that.

Brandmeister, I agree.

Enron and other company bankruptcies are reality. Stocks crashing down happens. I recall 2008 when the market tanked. People who had to sell stocks then for whatever reason like minimum distribution lost money. That's why when buying stocks financial institutions warn people they are an investment risk and not covered by FDIC.

I am aware stocks/mutual funds are almost always better to own than gold/silver in the long run, but it can depend on the markets, when you buy/sell. Some of us still want some gold/silver as part of our assets. I enjoy them a lot. I am willing to give up some stock appreciation for the joy in owning some gold/silver. As I said earlier, so far my gold/silver have appreciated nicely.

My and my wife's financial advisor is very good. He charges lower than average commission fees. High commission fees can hurt gains. He knows about my gold/silver and agrees it's good to have some. Those who don't want to own any gold/silver, fine with me.

I think it's time to end this conversation. It's getting too far away from what the OP asked.