{"id":14671,"date":"2013-08-29T12:59:03","date_gmt":"2013-08-29T19:59:03","guid":{"rendered":"http:\/\/www.itmtrading.com\/?p=14671"},"modified":"2013-08-29T13:04:33","modified_gmt":"2013-08-29T20:04:33","slug":"when-collecting-and-investing-mix","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/when-collecting-and-investing-mix\/","title":{"rendered":"When Collecting and Investing Mix."},"content":{"rendered":"<p><!--[if gte mso 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5.4pt;\n\tmso-para-margin-top:0in;\n\tmso-para-margin-right:0in;\n\tmso-para-margin-bottom:10.0pt;\n\tmso-para-margin-left:0in;\n\tline-height:115%;\n\tmso-pagination:widow-orphan;\n\tfont-size:11.0pt;\n\tfont-family:\"Calibri\",\"sans-serif\";\n\tmso-ascii-font-family:Calibri;\n\tmso-ascii-theme-font:minor-latin;\n\tmso-hansi-font-family:Calibri;\n\tmso-hansi-theme-font:minor-latin;}\n<\/style>\n\n<![endif]--><\/p>\n<div id=\"attachment_14672\" style=\"width: 250px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2013\/08\/1804_eagle_Bass_collection.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-14672\" class=\" wp-image-14672 \" alt=\"1804 Gold Eagle\" src=\"http:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2013\/08\/1804_eagle_Bass_collection.jpg\" width=\"240\" height=\"288\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2013\/08\/1804_eagle_Bass_collection.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2013\/08\/1804_eagle_Bass_collection-250x300.jpg 250w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2013\/08\/1804_eagle_Bass_collection-50x60.jpg 50w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2013\/08\/1804_eagle_Bass_collection-285x342.jpg 285w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2013\/08\/1804_eagle_Bass_collection-135x162.jpg 135w\" sizes=\"auto, (max-width: 240px) 100vw, 240px\" \/><\/a><p id=\"caption-attachment-14672\" class=\"wp-caption-text\">1804 Gold Eagle<\/p><\/div>\n<p class=\"MsoNormal\">Some things, like peanut butter and jelly, and peas and carrots, just go together. Other things, like oil and water <span style=\"mso-spacerun: yes;\">\u00c2\u00a0<\/span>don\u00e2\u20ac\u2122t ever mix. But, from time to time, you get a combination that can work out for either good or bad; like combining collecting and investing. Consider the case of <a title=\"Largest Rubber Band Ball\" href=\"http:\/\/www.youtube.com\/watch?v=hZKQeDXJhH8\" target=\"_blank\" rel=\"noopener\">Joel Waul<\/a>, who currently holds the Guinness World Record for having the largest rubber band ball. It weighs 9032 lbs. While I\u00e2\u20ac\u2122m sure the ball is worth something, I doubt Waul is planning on using his ball to fund his retirement, but you can\u00e2\u20ac\u2122t doubt that in many forms of the word, he is <a title=\"Invest in Silver\" href=\"http:\/\/http:\/\/www.itmtrading.com\/silver-investing\/\">invested<\/a> in the 4 \u00c2\u00bd ton over-sized office toy. We\u00e2\u20ac\u2122ll have to wait and see if the price of rubber skyrockets in the next few years. In the meanwhile, Joel will have to keep his ball in the garage, away from his HOA.<\/p>\n<p class=\"MsoNormal\">Perhaps of more noteworthy success, are the accumulations of <a title=\"Harry Bass&#039; Wife Interview\" href=\"http:\/\/www.youtube.com\/watch?v=84XTjm0_LpY\" target=\"_blank\" rel=\"noopener\">Harry Bass<\/a> who began coin collecting somewhat by accident, but not without a goal: to make profit! Mr. Bass used to work at a bank and one day an employee of the bank came to him and asked to buy a bag of dimes. Several years later that employee bragged to Mr. Bass that he had tripled his money on that bag of dimes, and Harry\u00e2\u20ac\u2122s fate was set. Being a man of means, Harry Bass could afford gold coins, and rare gold coins. Mr. Bass believed in buying gold as an investment, and bought gold from coin dealers, gold brokers, as well as gold investment companies. After Mr. Bass passed, his collection was valued at over <a title=\"Harry Bass Coin Auction\" href=\"http:\/\/www.coinlink.com\/Resources\/great-collections\/the-bass-collection\/\" target=\"_blank\" rel=\"noopener\">$25million<\/a> though his wife believes they never put anywhere near that amount of money into the coins.<\/p>\n<p class=\"MsoNormal\">So, what makes Bass a visionary and Waul a YouTube phenomena with over 100,000 hits for dangling a ball of rubber off of a crane? Perception. Bass had perception. He knew the finite details of thousands of coins. He knew how money is created. He bought when it was time to buy, and sold when it was time to sell. Waul lacks the perception of Mr. Bass, but he does have something else \u00e2\u20ac\u201c an addiction \u00e2\u20ac\u201c to rubber bands.<\/p>\n<p class=\"MsoNormal\">As you make choices as to where and how you save for the future, remember the successes of Harry Bass, who built a millionaire\u00e2\u20ac\u2122s empire on the knowledge he gleaned from a sack of dimes. If you would like to speak with one of ITM Trading\u00e2\u20ac\u2122s Senior Analysts about your current investments, whether they be balled up in a <a title=\"401K Investing\" href=\"http:\/\/www.itmtrading.com\/dollar-cost-averaging-gold\/\">401K<\/a> or in the garage, call 1.888.OWN.GOLD and begin the conversation!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some things, like peanut butter and jelly, and peas and carrots, just go together. Other things, like oil and water \u00c2\u00a0don\u00e2\u20ac\u2122t [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1207],"tags":[1006,1344],"class_list":["post-14671","post","type-post","status-publish","format-standard","hentry","category-blog","tag-rare-gold-investing","tag-harry-bass"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/14671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=14671"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/14671\/revisions"}],"predecessor-version":[{"id":14676,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/14671\/revisions\/14676"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=14671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=14671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=14671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}