Looks like gold wins??

[blackjack]

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]

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]

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]

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]

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

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

[wtjbatman]

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]

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]

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

[arebelspy]

Im not randomly...Im picking the times I started to invest....

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.