MarkB_MI
Well-known Member
- Location
- Motown USA
Time to look back on how the "Guns 'n' Gold" investment strategy did versus the stock market. Last time was here: <a href="http://www.yesterdaystractors.com/cgi-bin/viewit.cgi?bd=ttalk&th=1776912">http://www.yesterdaystractors.com/cgi-bin/viewit.cgi?bd=ttalk&th=1776912</a>
For gun prices, I check Dunham's sale price on the Bushmaster "Patrolman's Carbine". (Dunham's is a regional sporting goods store that almost always has that particular rifle on sale.) A year ago it was $850, now you can get it for $800. Down six percent.
Checking the London fix for gold, it opened 2017 at $1151 and closed at $1291. Up a surprising 12 percent.
The S&P 500 started 2017 at 2277 and ended up 2674, for a gain of 17 percent. Adding in a two percent dividend yield gives a return of 19 percent, soundly beating both guns and gold.
For gun prices, I check Dunham's sale price on the Bushmaster "Patrolman's Carbine". (Dunham's is a regional sporting goods store that almost always has that particular rifle on sale.) A year ago it was $850, now you can get it for $800. Down six percent.
Checking the London fix for gold, it opened 2017 at $1151 and closed at $1291. Up a surprising 12 percent.
The S&P 500 started 2017 at 2277 and ended up 2674, for a gain of 17 percent. Adding in a two percent dividend yield gives a return of 19 percent, soundly beating both guns and gold.