Hmm... Please show the math. Gold is pretty dead. It had a mall bull market after the GFC. Then just meanders all these years until the recent rally which got sold too.
https://moneyandmarkets.com/gold-vs-stocks/ https://financial-calculators.com/historical-investment-calculator
You always speak of the "others". Have you equally participated and built yourself a many million nest egg just by sitting on it? Or have you completely missed out because of all that talking you have been doing for all those years?
65k in 1990 bought 1 Mercedes s-class. Today 2mm will buy 13 fully loaded. Or, 65k was 4 years at Harvard. Today 2mm is 20.
I'm not sure what you're getting at, nor why you're comparing the value of $65K from 1990 to the value of $2MM today. Have you thought this out before you typed a response?
The point is that a penny invested is worth more than the value of that currency. So it behooves one to figure out how to save with a long term horizon even if you can’t scrape together 65k or 350k in today’s dollars. and outside of maybe Miami and the hamptons, most real estate has not appreciated at 11percent cagr. I’m not sure what your post was about. If I have misinterpreted it, please enlighten me
Truthfully, it would be easier and painless to just ignore you. Tried reading a few of your previous posts and none of them make any sense (to me at least) nor do they have any relevance to the topic discussed. Sorry, take care!!
%% Good points. BUT $1 invested in 1929 or 1933 makes even more %%. AND even though some do well with REALTY + i dont blame for that, i like RE. BUT i hear so many problems with condos+ keep hearing about condo problems i would not want to take that risk with condos. True, American Funds tends to be above average, like QQQ. Crazy thing about a good mutual fund or even SPY, add 30 0r 40 years , you can accidently buy the HI every year/LOL + still do very well/LOL,
In real estate it's very common to be highly leveraged (like 5:1) and not ever worry about it. In stocks it's a ticking time bomb using same approach. Real estate also provides lifetime dividends that keeps increasing.