http://www.nytimes.com/2007/09/08/business/08chart.html?_r=1&oref=slogin Interesting article in the NYT yesterday. The author explores the dividend-reinvested S&P 500 decade return (2000 on) vs inflation of the dollar and a number of commodities. S&P 500 Return measured in: Dollars, inflation-adjusted -8.1% Wheat -63% Oil -61% Gold -50% Housing -22%
Thanks to our good ole US of A government. If you use total inflation numbers I doubt very much that adjusted for inflation that any index would be above the high of 1929. With the games they play with the dollars value"buy and hold "is a losers game.Trading short term is the only way. Thank God we have the FEDERAL RESERVE BANK guarding the value of our dollars!!!!
I don't know, but I really wish I converted my 401k entirely into wheat back in 99.. a silo and grain elevator in the backyard would be fun for the niece & nephew too.
yeah well.. look at what it costs to store it... alternatively... if you would have invested in wheat futures and continually rolled over into new contracts... you'd be up only 45% excluding interest on the margin. and that profits come entirely from the last 2 months....