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Tractor Talk Discussion Board

Investments 2016


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Posted by MarkB_MI on January 01, 2017 at 05:24:56 from (198.208.251.22):

Time once again to see how the "guns 'n' gold" investment strategy fared versus the stock market. Last time was here: https://www.yesterdaystractors.com/cgi-bin/viewit.cgi?bd=ttalk&th=1653890

My benchmark for gun prices is the Bushmaster "Patrolman's Carbine" which in their current circular is on sale for $850. It was selling for $750 a little over a year ago (price shot up $100 between Christmas 2015 and January 2016), so that would put put prices up 13 percent.

The London fix for gold opened 2016 at $1082. It closed at $1146, for a gain of six percent.

The S&P 500 started 2016 at 2012 points and ended at 2239, for a gain of 11 percent. Add in the 2016 dividend yield paid on S&P 500 stocks of two percent and that gives a total stock market return of 13 percent.

So it would seem the stock market matched returns on guns and soundly beat gold.


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