Maybe...
I know a lot of people are turning to real physical assets like gold and silver and collectable coins because they don't trust paper investments.
If it gets real bad my piece of paper that says 1 share of McDonald's stock will buy me nothing.
A real gold or silver coin will ALWAYS have purchasing power.

So that could be running the price up on collectable coins.
Most people buy bullion with no collector value but some do turn to collectable coins.
Be careful though. I collect coins and I love them more than anything. If I had to choose between family/love life and my silver I will always choose my silver.

Hold until old!

Also!
You better hurry if you choose silver/gold coins. Apparently Brexit will cause big taxes on coins. Like 20%...I watch a lot of videos about investing in silver and these Brits are complaining about Brexit causing them to pay huge taxes on coins.
No taxes on gold/silver in Canada 😉

@chessturd said
Maybe...
I know a lot of people are turning to real physical assets like gold and silver and collectable coins because they don't trust paper investments.
If it gets real bad my piece of paper that says 1 share of McDonald's stock will buy me nothing.
A real gold or silver coin will ALWAYS have purchasing power.

So that could be running the price up on collectable coi ...[text shortened]... to choose between family/love life and my silver I will always choose my silver.

Hold until old!

Never buy when it's at a high point.
It's amazing how people jump on the band wagon way too late.
If something is up and breaking records it is unwise to buy then. You missed the boat.
Buy low Sell high.
Everyone has to do their own research.

What were you thinking of investing in?

When I "played the market" I always made it clear to my "money (not my cash) handler", that when my investments reached a price that I thought was a "good" return, that he sell (sell order). For the most part it served me well. One thing I never did was look at the markets every day as that can cause unnecessary grief.

@great-big-stees said
When I "played the market" I always made it clear to my "money (not my cash) handler", that when my investments reached a price that I thought was a "good" return, that he sell (sell order). For the most part it served me well. One thing I never did was look at the markets every day as that can cause unnecessary grief.

@divegeester said
Interesting! I think I’ve heard of something like this from another friend but I don’t know how it works.

So it’s fairly high risk but high return?

@great-big-stees said
When I "played the market" I always made it clear to my "money (not my cash) handler", that when my investments reached a price that I thought was a "good" return, that he sell (sell order). For the most part it served me well. One thing I never did was look at the markets every day as that can cause unnecessary grief.

Long term Silver.
20 dollars an ounce is a steal 😉

@divegeester said
15% over a year suggests that either the market for collectible coins is rising steeply (unlikely) or that a significant number of sellers simply don’t understand the value of the coins they are selling. Would this be a correct assumption?

@caissad4 said
15% is over a 2 year span. Coin prices are moving slightly up in the past 18 months. Inflation is just starting to rear its' ugly head once again and many are getting nervous. I buy mostly on Ebay, winning around 5% of my bids.
This morning I picked up two 2014 Franklin Roosevelt $1 coins, PCGS PF70dcam, limited edition signature series for less than the price of one coin.
If it is not a deal, it is not a deal.

@chessturd said
What were you thinking of investing in?

@great-big-stees said
When I "played the market" I always made it clear to my "money (not my cash) handler", that when my investments reached a price that I thought was a "good" return, that he sell (sell order). For the most part it served me well. One thing I never did was look at the markets every day as that can cause unnecessary grief.

Safe is better than sorry 😉