7 ms·

If you bought gold in 1999 and kept it until today you would have 8x'd your money.

• throw0101d 2y ago
  1999, or any other year is arbitrary, and you probably can pick dates to make any investment strategy look good: * https://www.longtermtrends.net/stocks-vs-gold-comparison/ https://www.longtermtrends.net/stocks-vs-gold-comparison/ In the following graph: * https://www.macrotrends.net/2608/gold-price-vs-stock-market-100-year-chart https://www.macrotrends.net/2608/gold-price-vs-stock-market-... we have: * over 5 years, gold over DJIA * 10 years, DJIA over gold * 20 years, gold * 30 years, DJIA
  • dxhdr 2y ago
    > 1999, or any other year is arbitrary, and you probably can pick dates to make any investment strategy look good I agree, that was partly my point!
  • bryanlarsen 2y ago
    > you probably can pick dates to make any investment strategy look good But buying internet stocks in 1999 is the worst year. What happens if you buy gold in 1979?
    • deleted 2y ago
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