2 ms·
If we're allowed to cherry pick years, now do gold https://sprott.com/media/3783/fig1-jh-gold-perf.png https://sprott.com/media/3783/fig1-jh-gold-perf.png
by ty6853 1y ago
If we're allowed to cherry pick years, now do gold
https://sprott.com/media/3783/fig1-jh-gold-perf.png https://sprott.com/media/3783/fig1-jh-gold-perf.png
- onlyrealcuzzo 1y agoThe cool thing about about something with a consistently high return and a long-horizon (going back 100 years) - you're still getting a high return. It's about ~6% CAGR vs ~8% if you picked the absolute best vs absolute worst time around the Great Depression. If you include re-investing dividends, it's about ~8% vs ~10%. You're not getting anywhere near that with gold over any sufficiently long non-cherry picked time horizon. The even better thing about the S&P is it has relatively low volatility. You're really unlikely to put all your eggs in the S&P at the absolute worst timing. Sure, it's possible. Not likely.
- throw0101c 1y agoHeres a site with a slider where you can pick arbitrary start and end times: * https://www.macrotrends.net/2608/gold-price-vs-stock-market-100-year-chart https://www.macrotrends.net/2608/gold-price-vs-stock-market-...