Gold/GBP vs Stamps, Coins, Stocks, Property
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MachineGhost
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Gold/GBP vs Stamps, Coins, Stocks, Property
[align=center][img width=800]http://i.imgur.com/dMii230.png[/img][/align]
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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Libertarian666
- Executive Member
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- Joined: Wed Dec 31, 1969 6:00 pm
Re: Gold/GBP vs Stamps, Coins, Stocks, Property
I'd like to see the bid-ask spread on those other "investments". For some reason that is very difficult to find, but that's probably a coincidence.MachineGhost wrote: [align=center][img width=800]http://i.imgur.com/dMii230.png[/img][/align]
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Early Cuyler
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Re: Gold/GBP vs Stamps, Coins, Stocks, Property
For rare coins atleast, transaction costs absurd! My off the top of my head estimate is that spreads are in the 30% range and then there are auction fees that can add another 15-18% to the equation. Also keep in mind that the major coin indexes I have looked at include many pieces that cost upwards of 100k each which means a fund (and even more expenses) for the average investor.Libertarian666 wrote:I'd like to see the bid-ask spread on those other "investments". For some reason that is very difficult to find, but that's probably a coincidence.MachineGhost wrote: [align=center][img width=800]http://i.imgur.com/dMii230.png[/img][/align]
You know how I feel about handouts...cash is much more flexible, hell, cash is king!