I don't think that's relevant because more people invest in some of the other investments also. I like I bonds, and gold, but it's a mistake to fixate on one and declare it better than the others. Each has a time and role to play in a portfolio.
:smile why not admit you are wrong the discussion was regarding what type of equities your average investor buys not different investment sector. Even then top 4 out of 10 funds track S&p500.
The Dow has outperformed the S&P over the past 1 year, 2 year, 5 year and longer periods. It is very easy for individuals to buy the average or components of the average and avoid a lot of underperforming equities and the structural flaw in the larger average. It is no concern of mine whether or not you want to consider this, so just continue doing what you are doing. I apologize for interfering with the fantasy in this thread. Please resume what you were doing.
This discussion is not which is performing better. I agree Dow 30 is better than S&P500 but what you claimed was Dow 30 is widely by small investors which is not case, which is what we tried to point out rather than admit that you are wrong now your launching personnel attacks. Got to wonder as i suggested earlier your simply arm chair general typing away your fantasy views of the market while having 0 dollars invested in it...
I'll stand by my statement that the Dow contains the type of stocks that most individuals buy or should buy. It is the most widely used index to track what the "market" is doing. You are free to continue to do what you want. This is clearly a closed-minded thread, so I'll let you think what you want and won't interfere with any more suggestions.
The S&P pays a dividend...so theoretically your statistics are wrong. People invested in the S&P would have ended up for the year. It costs money to store PM and to go out and buy them. Also with sales tax to purchase certain amounts of PM you would have made nearly nothing.
No one is questioning the performance of the DJIA. As Jack stated, this issue is your claim the average investor utilizes DJ 30 stocks over S & P 500 stocks. That is simply not true, given the number and size of S & P 500 stock funds in existence. If you believe what you stated, it is you who may be living the fantasy.
Every person who owns an S&P500 index fund also owns Dow stocks. The reverse isn't true. Most large cap funds own Dow components, but own less or none of the smaller companies in the S&P. People who directly own stocks tend to buy, or should buy, the industry leaders in the Dow or similar companies. The mega cap stocks in the Dow have mega caps because they are so widely owned. I thought this would be self evident, but I guess I misunderstood the audience. So ignore my posts and go back to what you were doing.
It is your right to believe what you want. I was trying to expand the discussion, but that was a mistake for this audience.
Yes thanks for sharing your vast exp of fantasy stock trading. Seriously how hard is it to admit your wrong or providing proof for your arguments rather than simply attack others and treating them like children. If you think as amateurs why waste your time here... That argument has little to do with your were original claim which as Dow30 is widely owned by small investors compared to rest of S&P500 stocks...
You first made a completely wrong statement about the returns. You then changed what you were arguing several times. You are now stating an opinion and attempting as fact. Nobody believes you so yes, you have estimated the audience incorrectly. As an aside, it has nothing to do with the topic. If you read the OP, you will find that it is a discussion of gold in 2011 vs silver, platinum and the S&P 500.
I kinda gotta agree with cloud...this thread is close minded...sure gold is up over silver,platinum, and the s&p 500...but I always thought their were more "types of investments" out there... and I'm sure that 11% is pitiful compared to some of them...just my 2 cents...
If this is indeed an audience, that must mean we are here to listen to a performance. Who, pray tell is the performer? You? I believe this is called a forum, a place where people come together to converse. I do not consider myself to be part of an audience here and I am definitely not here to listen to somebody babble (I mean perform.)
My intent was to expand the discussion to demonstrate that it might be to the advantage of folks here to expand their view to include additional investment choices that are readily available. But please feel free to ignore my posts.
I guess the difference between us is that I consider myself part of an audience since I am here to listen and learn what I can from the many people here and contribute what I can from my own experience. Please feel free to ignore my posts and go back to what you were doing.
I noticed this too. However I don't know much about platinum and what drives it beyond catalytic converters, so I probably won't be buying any. (gotta suck for those who bought the APE this past year)
Well there are many ways to play the market you could have made upto infinite return if you played it right but hind sight is 20-20. OT but if you look what people are invested in, most of large funds have sadly done quite terrible last year only one iking out 5% return. Do they hire monkeys to pick some of the stocks or what http://moneycentral.msn.com/investor/partsub/funds/topfundresults.asp?Category=All&View=Large
