Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Gold Has Been a Shining Long-Term Investment
Nov 18, 2019


When I started my investing journey as a teenager and saw Warren Buffett as my role model, I'd borrowed his distaste for gold. (You know, right, Buffett has been a big gold critic?)

I saw gold accumulation as a crazy, compulsive, old Indian habit.

Of course, over the years I came to appreciate the intelligence ingrained in this tradition.

And ever since I met Vijay Bhambwani, I started seeing gold in a much broader perspective and also discovered a much bigger wealth-creation universe beyond just stocks.

I thought it would be interesting to see how lucrative gold has been as a long-term investment in India.

The chart shows the annual returns on gold over the last 15 years.

As you can see, barring just two years - 2013 and 2015, gold has delivered positive returns in 13 of the last 15 years.

In fact, gold has delivered double-digit gains in 10 of the last 15 years.

During the entire 15-year period, gold has shot up 555% (compounded annual return of 12.1%).

During the same period, the Sensex surged 511% (compounded annual return of 12.0%). If you include dividends, the Sensex returns would be higher than gold by a couple of percentage points.

One must note that the Sensex returns are not representative of the broader market returns. Moreover, gold was a no-brainer. You didn't have to study financial statements, business models and forecast future earnings growth to get a double-digit return on your investment.

If you grab a pie of the big money-making opportunities beyond stocks, I would strongly insist you attend Vijay's Weekly Cash Summit here (It's free).

Data Source: goldprice.org

This Chart Of The Day was published in The 5 Minute WrapUp - I Just Acted on Vijay's Advice and Invested in This...

Equitymaster requests your view! Post a comment on "Gold Has Been a Shining Long-Term Investment". Click here!

  

Our Most Popular Charts

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS