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<p>[QUOTE="medoraman, post: 1338483, member: 26302"]Good lord, really? Every year some investment will be ahead, other years a different one will be ahead. Anyone who invests in any one investment vehicle is simply taking huge risks, much too high a risk for the returns generated. This goes for gold, silver, any stock index, bonds, etc ad nauseum. </p><p><br /></p><p>The simple truth is small investors look what returned the best the last 6 months to a year, and invest in that. This is exactly the opposite of what you should do. Anyone "chasing returns" by only investing in what is hot will forever generate poor results. A balanced portfolio with wide exposure to different elements of the economy is probably best for most.</p><p><br /></p><p>I wonder how many PM posts we will see here bragging about a bad year for returns when there eventually is one? Already a few members stating things like "proving" silver had to be priced at $140 in a year do not post any longer. I am not saying gold, or any other PM is a bad investment, far from it as I own them, (and actually am kind of liking platinum the more it goes down), I am just saying it did ok this year. I actually like the fact it only did ok, since to rapid a rise would indicate unsustainability. Yes gold did better than silver this year, but what about the years before that?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1338483, member: 26302"]Good lord, really? Every year some investment will be ahead, other years a different one will be ahead. Anyone who invests in any one investment vehicle is simply taking huge risks, much too high a risk for the returns generated. This goes for gold, silver, any stock index, bonds, etc ad nauseum. The simple truth is small investors look what returned the best the last 6 months to a year, and invest in that. This is exactly the opposite of what you should do. Anyone "chasing returns" by only investing in what is hot will forever generate poor results. A balanced portfolio with wide exposure to different elements of the economy is probably best for most. I wonder how many PM posts we will see here bragging about a bad year for returns when there eventually is one? Already a few members stating things like "proving" silver had to be priced at $140 in a year do not post any longer. I am not saying gold, or any other PM is a bad investment, far from it as I own them, (and actually am kind of liking platinum the more it goes down), I am just saying it did ok this year. I actually like the fact it only did ok, since to rapid a rise would indicate unsustainability. Yes gold did better than silver this year, but what about the years before that?[/QUOTE]
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