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Investment Vs Hobby

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1inamillion15's Avatar
United States
73 Posts
 Posted 09/25/2011  12:32 am Show Profile   Bookmark this topic Add 1inamillion15 to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Which Investment do you think will be the best looking twenty years down the road?

Edited by Forum Mom to move from Modern US coins to Main Coin Forum.

Poll Choices
 Stocks
 Bonds
 Coins
 Bullion
 Cars
 Guns
 Antiques

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mitchhailey's Avatar
United States
1150 Posts
 Posted 09/25/2011  03:52 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
Guns and Gold, baby.
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rachums107's Avatar
United States
3345 Posts
 Posted 09/25/2011  12:13 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
Stocks have rpoven to do better than gold in the long run, but gold is way cooler.
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/25/2011  3:13 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Should be an option of,

A percentage of multiple of the aforementioned.
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PlumCrazy814's Avatar
United States
883 Posts
 Posted 09/25/2011  6:54 pm  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply
Bullion is cool but stocks will outperform.

The trick is deciding which ones.

Bedrock of the Community
United States
20753 Posts
 Posted 09/25/2011  9:23 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Guns of course. As long as you have guns, you can get all the rest of those items.

One of the greatest investments is to write books on how to make money in real estate.
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PlumCrazy814's Avatar
United States
883 Posts
 Posted 09/25/2011  11:25 pm  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply

Quote:
Guns of course. As long as you have guns, you can get all the rest of those items.



Well, I guess I would have to re-evaluate based on this answer.

In the "guns rule" world, I would invest in fractional silver.
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googoo's Avatar
United States
466 Posts
 Posted 09/25/2011  11:33 pm  Show Profile   Bookmark this reply Add googoo to your friends list Get a Link to this Reply
cars dont last anymore, so unless you have a classic like myself I would say that is out
stocks I think of more as a shorter term thing
coins and bullion I think are going to stay high so if you bought a ton now I don't think they would increase in value that much
antiques I don't think really gain too much either but I am not sure
guns I guess same as above
I choose bonds. I have a ton of them from my great aunt that will do really well once I cash them in. I have no idea the rates the ones you can buy now mature at but yeah
that was my thinking. I want to buy a house for my investment
that should be a choice
"property"
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murrellington's Avatar
United States
3276 Posts
 Posted 09/25/2011  11:57 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
I voted bullion, however I think coins are a good long term investment. For instance, take a coin cost guide from the 60's, 70's, or 80's and compare it to a RedBook today. Just about every coin has increased in value. It's fair to say all of our collections will be a profit in the future. Unless we horribly overpaid for everything we have.
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Yass's Avatar
Australia
652 Posts
 Posted 09/26/2011  05:19 am  Show Profile   Bookmark this reply Add Yass to your friends list Get a Link to this Reply
I would have selected Shares and Property.
Bedrock of the Community
United States
20753 Posts
 Posted 09/26/2011  08:39 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
cars dont last anymore, so unless you have a classic like myself I would say that is out

Thinking about this question cars could really make for a great investment if you could find the right ones. Not todays modern ones, but some of the older ones are constantly climbing in value.
Imagine buying a 1957 Chevy convertable in 1957 for about $3,000 and selling today for almost many, many thousands if kept in great shape. Of course that is over 50 years of storage and at what price?
Mainly real estate, although not lately, has always been a fantastic investment item.
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nod2003's Avatar
United States
3294 Posts
 Posted 09/26/2011  10:00 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I didn't see real estate, so I voted for my #2, stocks. Don't get me wrong, gold and silver have their place, but they are used to protect wealth, not grow it. The last year for metals has been the exception, not the rule.
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beaglebailey's Avatar
United States
716 Posts
 Posted 09/26/2011  10:39 am  Show Profile   Bookmark this reply Add beaglebailey to your friends list Get a Link to this Reply
Diversification is the key to good investing. Putting all your eggs in one basket is a recipe for disaster. However, long term, stocks have historically beaten other investment vehicles. So, the younger you are the more stocks or stock mutual funds you should have in your portfolio.
Bedrock of the Community
United States
20753 Posts
 Posted 09/26/2011  3:41 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
The main thing here is some of the items listed are only good for either making or loosing money. Guns are OK as with cars but are limited to where you can use them, how to take care of them, lots of investing to have them.
Stocks, bonds, bullion, etc are really just investing.
Coins and Currency are not only profitable and should stay that way for some time, but mostly they are FUN.
No special licenses requiired to use or have them
No special parts no longer availble.
No chance the company that made them will go out of buisness. (Hopefully)
No rules about them in different States.
Coins are really just a lot of fun, educational, used everywhere and a hobby that anyone, any age can enjoy.
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PlumCrazy814's Avatar
United States
883 Posts
 Posted 09/30/2011  10:38 pm  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply

Quote:
Coins are really just a lot of fun, educational, used everywhere and a hobby that anyone, any age can enjoy.


..and more durable than stamps. Don't get me wrong, I do collect stamps - just not the same way.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 09/30/2011  11:29 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
If you are going to invest for a period of 20+ years, I think stocks would most likely do the best.
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