Hand made knives by well known artist. I bought a hand made knife by 'Randall' in Florida in 1959 for $25. Today that same knife is offered on Ebay for $1,500. So the tax free compounded return over 50 years has been 8.5% annually. An ounce of gold would be $1,091 to match that (starting from 1967 I believe).
The Riskiness of Bonds [View article]
Hand made knives by well known artist. I bought a hand made knife by 'Randall' in Florida in 1959 for $25. Today that same knife is offered on Ebay for $1,500. So the tax free compounded return over 50 years has been 8.5% annually. An ounce of gold would be $1,091 to match that (starting from 1967 I believe).