Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Investing in bullion -- should I do silver or gold?
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 292807, member: 3011"]The case just isn't that clear-cut. If you invested your money in January 1970, the London gold price was $34.94 [now about $827] and the S&P500 was 85.28 [now about 1504]. Of course the stocks throw off dividend income, and sophisticated gold investors generate income selling covered calls, but a closer look reveals that there are times to be in stocks and times to be in bullion. Nothing works best all of the time and there is usually more good than harm done by putting money into various asset classes and periodically rebalancing them. If you consult a good financial advisor they should explain this. If you consult an index fund salesman, they probably won't. They also probably won't explain that you can outperform the S&P500 by buying equal dollar amounts of every stock in the index, which takes advantage of the way it is constructed.</p><p><br /></p><p>But that's getting waaaaayyyy off topic. The point is that owning a little gold and silver isn't a bad thing.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 292807, member: 3011"]The case just isn't that clear-cut. If you invested your money in January 1970, the London gold price was $34.94 [now about $827] and the S&P500 was 85.28 [now about 1504]. Of course the stocks throw off dividend income, and sophisticated gold investors generate income selling covered calls, but a closer look reveals that there are times to be in stocks and times to be in bullion. Nothing works best all of the time and there is usually more good than harm done by putting money into various asset classes and periodically rebalancing them. If you consult a good financial advisor they should explain this. If you consult an index fund salesman, they probably won't. They also probably won't explain that you can outperform the S&P500 by buying equal dollar amounts of every stock in the index, which takes advantage of the way it is constructed. But that's getting waaaaayyyy off topic. The point is that owning a little gold and silver isn't a bad thing.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Investing in bullion -- should I do silver or gold?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...