ARE YOU DIVERSIFIED??
bidask
Posts: 14,008 ✭✭✭✭✭
Lets play. I have about 18% in coins, 17% in bonds, 35% stocks, and 30% cash. How about you, are you diversified??
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
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"Keep your malarkey filter in good operating order" -Walter Breen
20% bonds
15% cash
Coins are my hobby, not my investment portfolio
Bust
Seated
Commemorative
Copper
Nickel
Proof
Modern
Barber
Morgan
Coins -- 100%
<< <i>65% stocks
20% bonds
15% cash
Coins are my hobby, not my investment portfolio >>
They are my hobby too, but I find them making up more of a % of the classic other three ( stocks, bonds , cash) when combined together. The kind of coins I buy and the $$ in I cannot ignore that it is also an investment. Kinda my own 'private equity' if you will.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
20% debt to family
35% equity line debt
25% credit card debt...
...how's that for diversified?
Oh, and I have about $42 in my pocket
for whatever that means.
If everyone is "diversified" in about the same way, is that really diversification or being a flock member?
roadrunner
<< <i>65% stocks
20% bonds
15% cash
Coins are my hobby, not my investment portfolio >>
I'm with RYK, except I am not a Bond guy--so bump up the % of stocks, decrease the Bond % and we are close.
Like RYK, my coin money is not an investment vehicle, its my hobby.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>I'm not particularly well diversified in coins nor in my overall finances
for whatever that means.
If everyone is "diversified" in about the same way, is that really diversification or being a flock member?
roadrunner >>
I don't know the answer to that question. There is really no right are wrong if the economy is humming along. It really only becomes an issue for one's finances in the event of a serious economic downturn or doomsday. The question of diversification is a reflective one.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I'm underdiversified in coins (too many saints and too much type)
and underdiversified in stocks (too many gold stocks for example) and overdiversified into bullion. What's a person to do???
roadrunner
Yes. My portfolio consists of 1/3 coin inventory, 1/3 coin collection, and 1/3 credit card debt.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I buy coins as a hobby, but they are worth about 1.8% of my total assets (that includes my house).
Oh, and no, I'm not prepared for doomsday, it's not a world I'd care to live in.
U.S. Type Set
33 1/3% Quarters
33 1/3% Others
My investments have nothing to do with the U.S. Coin Forum.
If there is a catastrophic doomsday, most everything you have now will be worth squat.
roadrunner
I will most likely get back in the market sometime next year.
There is nothing wrong with cash, I sleep better. . jws
10% coins
*The amount in cash only becuase we are looking at buying a new home as soon as prices level out next year. That way I dont have to worry about dealing with a mortgage.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
25% Stocks/Bonds
10% Cash
10% Set aside for my December trip to the Philippines, Sherlene and my church wedding ceremony in December and for bringing Sherlene home with me in January if her visa is ready!
3% bonds
40% stocks
6% cash
2% gold
6% coins
42% real estate (other than primary residence)
That last number has me a little bit concerned lately, but none of it is in hyperinflated local markets, and some of it is leveraged so that the properties themselves do not have to appreciate all that much for my stake in them to grow at a happy clip. I'm not really worried yet.
60% stocks/mutual funds
20% cash
10% treasuries
10% Gold bullion
I don't consider my coins an investment, although the majority certainly have appreciated over the last 10-15 years.
If I had to factor 'em in... they would come in around 15% compared to the remainder of my investments.
'dude
65% stocks
10% bonds
25% coins
1% cash
I've got plenty of guns & ammo so when the shiat hits the fan I'll be taking my food, water & cash from the people that do not have any guns or ammo.
My 1866 Philly Mint Set
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i>...Barring a complete reversal to cuckroaches and Cher... >>
LOVED it!
Hey, let's not forget breast implants (and Twinkies?), they're bound to be scattered all around southern california. Come to think of it, would breast implants be considered a concealed asset?
U.S. Type Set
<< <i>If all the boomers are diversified about the same and are looking to cash out over the next 5-20 years, that's a problem. Whose gonna be there to pick up their stock and bond portfolio's? I do have to wonder if everyone has about 65-80% in stocks is that truly diversified?
I'm underdiversified in coins (too many saints and too much type)
and underdiversified in stocks (too many gold stocks for example) and overdiversified into bullion. What's a person to do???
roadrunner >>
If we maintain free markets, then I think the answer to your first question may be foreigners.
Your second question, my experience has been a decrease in stock holdings, for those in the stock market, as one ages. Coins, well for some of us they remain an investment/hobby and for others a hobby. No right or wrong there.
I would say though that I believe the darkside is a really overlooked area and fast growing ( just by the sheer number of new collectors happening worldwide with there own growth of economic fortune). I think the US market is what it is, but the opportunities are more plentiful in the world coin market, ( for collectors and investors). Why, because there is alot less competition to seek and buy new collectable coin areas at very reasonable prices.
Stocks, well again international has been roaring for several years and should offer good growth long term.
One of the overall goals of diversification is to hopefully have something going up even if something else you own may be going down.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I don't consider my coin collection part of my investment stradegy. If I did, I wouldn't be collecting.
Hell no I'm not diversified. That went out with the 1990's.... I'll worry about being diversified after I have $10 million.
that's about $37 more than me!
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Bonds: 22%
CD's: 22%
Coins: 4%
Stock: 2%
Cash: 1%
Pension: Priceless
I'm gearing up for retirement.
Joe.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
For investments, I have a 401K account and an account with a brokerage.
Semper ubi sub ubi
Camelot
> "ARE YOU DIVERSIFIED??"
----------------------------------------------
Yeah, I got no money, spread over a
wide area!!
~
"America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.
<< <i>70% in guns.......30% in shells. >>
Wouldn't significantly more ammo than guns make a lot more sense?
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
. jws
9% Cash
90% Rental Property
No stocks, no bonds, no worry.
1.2% coins
13% bonds
61% equities (13% foreign stocks)
15% cash (4% more will go to my daughters college 529 plans in the new year)
10% primary residence
oops,
1% in bullion
I still don't count the coins as an investment but I am not ignoring the amount of money they are worth. I haven't figured out what my coins are worth for about two years. From 2000 to 2004 my collection was increasing at a 40% a year clip.
I figure I'll keep accumulating very low value coins until I get tired of them. So far I still enjoy them and I am sitting here going through $10 in nickels....
<< <i>Lets play. I have about 18% in coins, 17% in bonds, 35% stocks, and 30% cash. How about you, are you diversified?? >>
Okay so I am now going to commit more to world coins so that my allocation to coins will go to 21% and my allocation to stocks with emphasis on international will go to 40%, my bond allocation will drop to 13% an my cash will go to 24%.
I think international stocks will continue to rock and the darkside classic will increasing grow in popularity.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
5% cash
5% coins
In the international weighting I am going about 18% in Japan, 12% in emerging markets and balance in developed markets.
Bond weighting drops to 10% and cash reserves remain at 24%.
Rare coins remain at 21% but more emphasis on international.
For 2007, I am bullish equities but am waiting to commit more from cash after a 7% plus correction. Rare, original surfaces coins will continue to climb. Bonds will become less significant.
I give away money. I collect money.
I don’t love money . I do love the Lord God.