Money Peach
EP116: Is Gold a Good or Bad Investment? - with Peter Hug
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:26:06
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Sinopsis
Peter Hug has been in the gold industry for nearly 40 years which makes him an expert in my opinion when it comes to gold. Now to be honest, I am not a fan of gold (yet). In fact, I have never once invested in gold because I have personally never liked gold as an investment. So, why am I willing to learn more about gold now, right? First off - I don’t know much about gold. One of my rules is I do not invest in things I don’t understand. Therefore, investing in gold was never something I was comfortable doing. Secondly, (I thought) gold didn’t have a great track record when compared to the equity markets. From what I do know, the the price of gold has increased by 355% over the past 30 years, while the Dow Jones Industrial Average has increased by 1,255% during that same time frame. But, now I am also learning that over the past 15 years, gold has outperformed the market. In fact, gold has returned 355% over the last 15 years (same as the 30-year return) while the Dow has returned only 58%. After seeing the fa