Author Topic: Looks like gold wins??  (Read 3414 times)

blackjack

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Looks like gold wins??
« on: September 07, 2014, 06:41:33 AM »
I started buying PMS about 15 years ago.....


Ok guys,

Here are the numbers since Jan 2, 2001...

Sp500---1283.27

Gold---271.10

Silver---4.59

Now fast forward to Sept 5, 2014

Sp500---2007.71

Gold---1268.4

Silver---19.19

Do the math???

Sp500 +56%

Gold +367%

Silver +318%

just wanted to share that

chasesfish

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Re: Looks like gold wins??
« Reply #1 on: September 07, 2014, 06:47:35 AM »
Does that include the dividends paid by both the S&P and Gold (ha!) ?

Remember, past performance is no indication of the future.  We could run many different time periods and gold would win in some and the market would win.

What's your point?

TomTX

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Re: Looks like gold wins??
« Reply #2 on: September 07, 2014, 06:52:35 AM »
You can cherry pick almost any dates to make any asset class look good. For some reason, gold bugs seem to be the most prone to it.

How about rerunning your numbers with a starting point in Jan,  1982? Gold is $400. S&P is 120.

You also neglect one MAJOR difference. The S&P has been paying dividends, Gold has been costing money to store.

chasesfish

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Re: Looks like gold wins??
« Reply #3 on: September 07, 2014, 07:02:35 AM »
Well heck, if we're randomly picking assets and comparing that time period:

Apple's adjusted price on January 2, 2001 was $1.01 per share.
$98.97 today.

Now its time to go do something productive

blackjack

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Re: Looks like gold wins??
« Reply #4 on: September 07, 2014, 07:04:23 AM »
Im not randomly...Im picking the times I started to invest.... I like being well rounded and always liked gold... Yup im a tin foil hate wearing gold bug

Quote
How about rerunning your numbers with a starting point in Jan,  1982? Gold is $400. S&P is 120.

TOo bad only I was only 4 years old at the time... so irrelevant date


I'm in still in about 70% stocks... sheesh give me a break
« Last Edit: September 07, 2014, 07:10:02 AM by blackjack »

wtjbatman

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Re: Looks like gold wins??
« Reply #5 on: September 07, 2014, 08:35:58 AM »
Congrats, you did well then. I don't know why people are jumping down your throat, you're not saying everyone should invest 100% of their portfolio in precious metals. I can see the value some people have in something like the permanent portfolio.

Personally I'm not really a fan, but more power to ya. Better than stuffing the money under a mattress like so many people do.

TomTX

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Re: Looks like gold wins??
« Reply #6 on: September 07, 2014, 07:36:06 PM »
Congrats, you did well then. I don't know why people are jumping down your throat, you're not saying everyone should invest 100% of their portfolio in precious metals. I can see the value some people have in something like the permanent portfolio.

Personally I'm not really a fan, but more power to ya. Better than stuffing the money under a mattress like so many people do.

It is the "Ask a Mustachian" forum, so the expectation is that someone posting here is asking for feedback.

If it's just a brag thread, you should be more specific about what you did and why you are proud of it - and post in "Share your Badassity"

Sdsailing

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Re: Looks like gold wins??
« Reply #7 on: September 07, 2014, 07:48:09 PM »

And what about the purchase points and prices in between?  What is your actual return?

arebelspy

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Re: Looks like gold wins??
« Reply #8 on: September 08, 2014, 03:36:32 PM »
Im not randomly...Im picking the times I started to invest....

Quote
How about rerunning your numbers with a starting point in Jan,  1982? Gold is $400. S&P is 120.

TOo bad only I was only 4 years old at the time... so irrelevant date


chasesfish gave you a better option with the exact same date.

So here's the interesting thing if you think that's not cherry picking data: what makes you think that, just because that asset has done well during the time span you've been investing, it will continue to do so going forward?

Cause that's what's relevant.  Not what it did during that past time span.
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