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<p>[QUOTE="Cloudsweeper99, post: 1339416, member: 3011"]I don't know about or trade in the companies you cherry-picked to prove your point. For a company such as XOM, I would argue that it will perform better than most investments including the Treasury I bonds which have been praised in other threads. You are correct that I think the Dow30 is a good place to look for investment ideas, but I don't personally advocate buying them all. For instance, I've pretty consistently indicated that I don't buy stocks in financials. I believe the Dow is a superior index for the average investor compared to the S&P500 if they intend to invest in an index, but I don't personally do it that way. So my position stands that stocks are at least as good as gold, probably better under most conditions, and I will continue to respond with my own ideas, so get used to it.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1339416, member: 3011"]I don't know about or trade in the companies you cherry-picked to prove your point. For a company such as XOM, I would argue that it will perform better than most investments including the Treasury I bonds which have been praised in other threads. You are correct that I think the Dow30 is a good place to look for investment ideas, but I don't personally advocate buying them all. For instance, I've pretty consistently indicated that I don't buy stocks in financials. I believe the Dow is a superior index for the average investor compared to the S&P500 if they intend to invest in an index, but I don't personally do it that way. So my position stands that stocks are at least as good as gold, probably better under most conditions, and I will continue to respond with my own ideas, so get used to it.[/QUOTE]
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