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<p>[QUOTE="Cloudsweeper99, post: 1282917, member: 3011"]I agree with you that if the amount of work you are willing to put into an investment after the initial decision to buy is zero, then the stock market is not a good place for you. If you do the math, the return on that sovereign was about 8% compounded. For much of the period, a bank CD would have done better with less risk. When you consider that the time period you choose was about the best long term period for gold in history, you should ask yourself if you think it will repeat this performance starting at today's prices.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1282917, member: 3011"]I agree with you that if the amount of work you are willing to put into an investment after the initial decision to buy is zero, then the stock market is not a good place for you. If you do the math, the return on that sovereign was about 8% compounded. For much of the period, a bank CD would have done better with less risk. When you consider that the time period you choose was about the best long term period for gold in history, you should ask yourself if you think it will repeat this performance starting at today's prices.[/QUOTE]
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