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Shahla
Money Managing Guru
Joined: 13 Nov 2004
Posts: 3324
Cash Points ££ 126163.28
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 Posted: Sun Jan 13, 2008 9:29 am Post subject: Gold Beats the Stock Market for 2007 - The Baby Boomers Effe |
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By: Ned_W_Schmidt
GOLD WINS! PAPER EQUITIES LOSE! The headlines for investing in 2007, and the previous ten years, can now be written. Forget all the other drivel about what happened in the markets in 2007. Gold won! That's all you really need to know. Gold beat paper equities for the one year, for the five years, and for the past ten years. Absolutely no way purveyors of paper equities can paper over their miserable performance.
And, those performance numbers for paper equities are before FEES! Can you imagine having the audacity to charge some gullible investor a fee for last year's paper equity performance? Who could charge an investor a fee for producing the miserable returns of paper equities over the past ten years? Have they no conscience? Investors would have better off putting a few Gold coins in the drawer, and watching Simpson reruns rather than the cable business shows. Just shameful!
http://www.marketoracle.co.uk/Article3236.html |
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