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<p>[QUOTE="Sallent, post: 2913593, member: 76194"]While it is true that some companies have gone bust, the reality is that if you had a diversified stock portfolio you made a lot of money over the last 10 years. And if you put that money in 20 or 30 years ago you've made even more boatloads of profit. While it is scary to see the stock market crash and to see the stocks performing badly in a recession, the overwhelming majority of companies weather the storm just fine and go on to make even more money for their shareholders than before the recession.</p><p><br /></p><p>People who've also bought real estate and rental properties for investment have made boat loads of money during all this time too. Far more than if they had invested everything in precious metals.</p><p><br /></p><p>There is nothing wrong with investing some money into precious metals. I repeat, it is perfectly fine to have a little insurance against an unforeseen Market catastrophe or as a side investment, but investing the bulk of your wealth into precious metals is just bad investing. Yet despite the obvious results many people don't seem to get that lesson.[/QUOTE]</p><p><br /></p>
[QUOTE="Sallent, post: 2913593, member: 76194"]While it is true that some companies have gone bust, the reality is that if you had a diversified stock portfolio you made a lot of money over the last 10 years. And if you put that money in 20 or 30 years ago you've made even more boatloads of profit. While it is scary to see the stock market crash and to see the stocks performing badly in a recession, the overwhelming majority of companies weather the storm just fine and go on to make even more money for their shareholders than before the recession. People who've also bought real estate and rental properties for investment have made boat loads of money during all this time too. Far more than if they had invested everything in precious metals. There is nothing wrong with investing some money into precious metals. I repeat, it is perfectly fine to have a little insurance against an unforeseen Market catastrophe or as a side investment, but investing the bulk of your wealth into precious metals is just bad investing. Yet despite the obvious results many people don't seem to get that lesson.[/QUOTE]
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