'Too Far, Too Fast': A Look at Asset Classes [View article]
This market game is perfect for politicians. You can spin anything anyway you want. Take the GLD chart:
If you bought in July and sold in Nov you lost 30%
If you bought in Nov and sold in Feb you made 32%
If you bought prior to Jun you've basically been going sideways for a very long time.
To me GLD is a much more exciting investment than the countless securities that I've held in the past that either go down only for very long periods or worse yet sideways and don't pay dividends.
'Too Far, Too Fast': A Look at Asset Classes [View article]
If you bought in July and sold in Nov you lost 30%
If you bought in Nov and sold in Feb you made 32%
If you bought prior to Jun you've basically been going sideways for a very long time.
To me GLD is a much more exciting investment than the countless securities that I've held in the past that either go down only for very long periods or worse yet sideways and don't pay dividends.