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<p>[QUOTE="medoraman, post: 963560, member: 26302"]Its a good point. I have always said PM's are safer than most other investments, but you pay for that safety in lower return. I doubt 15 years it would take anyone to have to wait out a market correction, but yes PM's are safer. I just vehemently disagreed with that site trying to infer gold was as good an investment as equities historically. Could they be in the future? Of course. They just haven't been in the time frame discussed. All discussion of investments are made with the caveat that everyone is on their own time horizon, and need to determine when they need the money out of the investments, therefor their own need to stability and security.</p><p><br /></p><p>My MBA was in Finance, and one of the first things you notice is that most financial numbers are twisted to fit the persons desired outcome. Most numbers are half truths at best, which is disconcerting to me. I just really object to people twisting numbers to fit what they want to sell. The bottom line is, unless someone could time it just perfectly, historically you were better off to put money into equities versus PM. Much better off.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 963560, member: 26302"]Its a good point. I have always said PM's are safer than most other investments, but you pay for that safety in lower return. I doubt 15 years it would take anyone to have to wait out a market correction, but yes PM's are safer. I just vehemently disagreed with that site trying to infer gold was as good an investment as equities historically. Could they be in the future? Of course. They just haven't been in the time frame discussed. All discussion of investments are made with the caveat that everyone is on their own time horizon, and need to determine when they need the money out of the investments, therefor their own need to stability and security. My MBA was in Finance, and one of the first things you notice is that most financial numbers are twisted to fit the persons desired outcome. Most numbers are half truths at best, which is disconcerting to me. I just really object to people twisting numbers to fit what they want to sell. The bottom line is, unless someone could time it just perfectly, historically you were better off to put money into equities versus PM. Much better off.[/QUOTE]
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