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To: JonPreston

If you had bought gold back in 1976 for $125/oz and held it until now at $3570/oz you would have a gain of 2856% on your investment.


8 posted on 09/03/2025 11:56:14 AM PDT by Tom Tetroxide (Psalm 146:3 "Do not trust in princes, in the Son of Man, who has no salvation.")
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To: Tom Tetroxide

If you invested in an S&P 500 index fund in 1976 and reinvested all the dividends over the years, I believe you’d have a total return of almost 24,000% right now.


10 posted on 09/03/2025 12:05:44 PM PDT by Alberta's Child ("Although my eyes were open, they might just as well be closed.")
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To: Tom Tetroxide

Sorry, but a small quibble on your math: that is only a 2756% return since you have to subtract the original 100%.


11 posted on 09/03/2025 12:25:39 PM PDT by Chad_the_Impaler
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To: Tom Tetroxide

“If you had bought gold back in 1976 for $125/oz and held it until now at $3570/oz you would have a gain of 2,856% on your investment.”

Well a lot has gone up since 1976. That’s almost 50 years. If you had bought the S&P 500 back in 1976 and held it until now you would have a gain of 23,898% on your investment.

Of course it’s not either/or as one can have many kinds of investments in a diversified portfolio.


12 posted on 09/03/2025 12:43:19 PM PDT by plain talk
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To: Tom Tetroxide

We bought 18 years ago. 😊


17 posted on 09/03/2025 2:27:18 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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