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Precious metals are fear-based investments with poor returns, sold by opportunistic fearmongers. Let’s say you bought $1,000 worth of gold in the year 1989. That $1,000 would have bought 2.6 ounces of gold back then, and would now be worth over $5,000. Not too shabby. Now let’s say you invested that same $1,000 in the S&P 500 the same year. You would’ve gotten about 3.5 shares for your money. Today, those shares would be worth over $15,000! That’s three times the return of gold! | George Kamel
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Ready for the comments to roll in on this one. 🍿 | George Kamel
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I hate to be the bearer of facts, but if you drag your debt out long enou…
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