I just invested in gold, silver, and bitcoin in April and I'm doing A LOT better than 9%. Keep up. The insane buy signal was when the Federal Reserve printed multiple trillions. The only ones who didn't see gold's rise coming were the ones who think inflation is a hoax. These are/were the people who also believe that the Dow Jones is the only place to park your money when bullish on America. Well I'm bullish on America, but on the idea that it prints trillions more USD, so gold it is.
Great. Just because I own gold, silver, and bitcoin does not mean I don't own stocks. If you are exposed to only one asset class, you are a fool. Diversify and conquer. I'm not doxing myself telling anyone how much I make or own.
It shouldn't be stupid. Our economy since 1913 punishes responsible savers and rewards irresponsible debtors. We're in upside-down land.
Thankfully, you can do something about it by buying gold, silver or land. Something that holds its value.
Could always put the cash in a high-enough interest-bearing account. But yeah, all of your cash under a mattress makes no sense
a total stock market mutual fund returns around 9% per year. try that with gold
That's comparing Apples and Oranges.
Gold is real money. Cash is just a piece of paper government makes you pay taxes in.
A share in a company is a slice of ownership in a business.
Stocks and gold both go up as more money is printed, all else being equal.
the point is you wont get rich by investing in gold. i've been buying stock online since 1999
I just invested in gold, silver, and bitcoin in April and I'm doing A LOT better than 9%. Keep up. The insane buy signal was when the Federal Reserve printed multiple trillions. The only ones who didn't see gold's rise coming were the ones who think inflation is a hoax. These are/were the people who also believe that the Dow Jones is the only place to park your money when bullish on America. Well I'm bullish on America, but on the idea that it prints trillions more USD, so gold it is.
Great. Just because I own gold, silver, and bitcoin does not mean I don't own stocks. If you are exposed to only one asset class, you are a fool. Diversify and conquer. I'm not doxing myself telling anyone how much I make or own.