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Gold is Silver and other interesting facts for the bullion investor.
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<p>[QUOTE="Cloudsweeper99, post: 1502052, member: 3011"]Well, if you average the three years together, it works out to about $216. When you consider that gold was around $252 20+ years later, that was dead money compared to almost anything else you could have invested in, and didn't even come close to keeping up with inflation. That's why one-decision investing is generally wealth destroying. The human life span just isn't long enough to sacrifice two decades of compounding if you desire decent investment returns.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1502052, member: 3011"]Well, if you average the three years together, it works out to about $216. When you consider that gold was around $252 20+ years later, that was dead money compared to almost anything else you could have invested in, and didn't even come close to keeping up with inflation. That's why one-decision investing is generally wealth destroying. The human life span just isn't long enough to sacrifice two decades of compounding if you desire decent investment returns.[/QUOTE]
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Gold is Silver and other interesting facts for the bullion investor.
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