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<p>[QUOTE=&quot;fatima, post: 1358551, member: 22143&quot;]30 years ago the best investments to be in were savings accounts, savings bond, etc. because interest rates were between 16% - 20%.&nbsp; Gold and silver would have been bad bets in that environment.&nbsp; An investment in the S&amp;P 500 would not have kept up with inflation between 1980 &amp; 1990.&nbsp; Between 1990 &amp; 2000 the S&amp;P 500 beat everything else because the Fed aggressively lowered rates and when they do that, the money ends up in the stock market.&nbsp; </p><p><br /></p><p>Beyond that however the Fed&#039;s policies became destructive to the economy so from 2000 on, the S&amp;P 500 hasn&#039;t kept up with inflation and has been subject to unprecedented, eye watering, volitility.&nbsp; This is where the era of Gold took over and those few paying attention got out of paper and moved to asset based purchases.&nbsp;&nbsp; (Not coincidently, this was also the rise of the Internet and for the first time, people had easy access to info not controlled by the status quo/MSM and could figure out what was happening.) </p><p><br /></p><p>The point is that based on this history, you simply can&#039;t plan on any investment scheme holding for 30 years.&nbsp; There are those who will continue to pour money into stocks who won&#039;t take the 5 minutes to look up the data that I put in the paragraph above.&nbsp; Likewise, Gold was not a good investment for close to 2 decades.&nbsp;&nbsp; You don&#039;t want to get into timing the market as that is mostly a losing proposition too, but you do want to take stock of the situation at least every couple of years to see if change is required.&nbsp;&nbsp; Do your homework.&nbsp; &nbsp; I&#039;d hold onto gold for now if you don&#039;t need the money but don&#039;t plan on holding it for 30 years.&nbsp; </p><p><br /></p><p>Your best bet however since you are 20 is to <u>stay out of debt</u>.&nbsp; Debt is why so many people your parent&#039;s and even grandparent&#039;s age have no money.&nbsp; They gave it all to the banksters.[/QUOTE]</p><p><br /></p>

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