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"The price of gold has beaten U.S. stocks, bitcoin and even shares of AI wonder-stock Nvidia this year. There’s no saying how far that epic run will go, but there are almost certainly better places to park your savings in the long run. History and common sense tell us so."
"But there’s probably a better way to shield your wealth: stodgy stocks that are resilient to inflation. A company that owns oil reserves, land or factories whose debt would be debased by inflation could hold its value. Unlike gold, it also can pay you dividends while you wait for doomsday. Companies with intangible assets like patents or brands might do fine, too."
Another clickbait article. The LT is great, but there are opportunities, and gold was one of them.
Buffett often spoke critically about gold — and for decades, he took a similar stance on high-tech stocks. Yet eventually, he bought Apple, which at one point made up more than 40% of his portfolio.
Quote:
a dollar in the S&P 500 with dividends reinvested would have grown to nearly $1 million and small-capitalization stocks to almost $5 million.
mmm...Since 2010, small-cap stocks have significantly underperformed compared to the QQQ — the Nasdaq 100 has delivered about 3.7 times higher returns. (https://schrts.co/vaYbxZFV)
Thanks FD for yet another "Yeah but..." irrelevant response.
Your response was irrelevant. The article is a click bait one. There is nothing new in it. Let's write another one. LT, stocks will do better than bonds...what a revelation.
A click bait article from a respected writer at the WSJ. That's a new one from the maga bumpkins. Tell me what is new when writing about gold and the markets? What were you expecting? A new way to double the price of gold overnight? Go get your meds checked.
Golly gee, when I went on the internet today, I was hoping someone would tell me what to read and how to assess the content. Praise the Lord! It is my lucky day. That never happens.
We need more people to filter content/ideas, so all us inexperienced bumpkins can be protected from ourselves. How ever do these purveyors of wisdom find the time, after telling their wives, friends and assorted family members how to groupthink?
Maybe an internet propaganda minister? Or a whole team of thought police? Perhaps a grammar-challenged individual could perform the function?
"The price of gold has beaten U.S. stocks, bitcoin and even shares of AI wonder-stock Nvidia this year. There’s no saying how far that epic run will go, but there are almost certainly better places to park your savings in the long run. History and common sense tell us so."
"But there’s probably a better way to shield your wealth: stodgy stocks that are resilient to inflation. A company that owns oil reserves, land or factories whose debt would be debased by inflation could hold its value. Unlike gold, it also can pay you dividends while you wait for doomsday. Companies with intangible assets like patents or brands might do fine, too."
Another ideas are value stocks, beaten down sectors such as healthcare, consumer staples, and REITs could help diversified away from AI related stocks. The article above is actually informative; certainly not click-bait if one read its content thoroughly.
Comments
The LT is great, but there are opportunities, and gold was one of them.
Buffett often spoke critically about gold — and for decades, he took a similar stance on high-tech stocks. Yet eventually, he bought Apple, which at one point made up more than 40% of his portfolio.
Quote: mmm...Since 2010, small-cap stocks have significantly underperformed compared to the QQQ — the Nasdaq 100 has delivered about 3.7 times higher returns.
(https://schrts.co/vaYbxZFV)
The article is a click bait one.
There is nothing new in it.
Let's write another one.
LT, stocks will do better than bonds...what a revelation.
We need more people to filter content/ideas, so all us inexperienced bumpkins can be protected from ourselves. How ever do these purveyors of wisdom find the time, after telling their wives, friends and assorted family members how to groupthink?
Maybe an internet propaganda minister? Or a whole team of thought police? Perhaps a grammar-challenged individual could perform the function?