Quote:
Originally Posted by Listener2307
Meh... I just did a 5 year analysis that shows the Dow up 33% and gold up 40% over 5 years.... That's a fact you can't dispute. 
The OP should leave the guy alone. He's wealthy and will become wealthier.
He may feel the same way I did about 401k - it's only a matter of time before the IRS casts greedy eyes on your money. Already they are requiring people of a certain age to start taking money out, and they have passed restrictions regarding inheritance. It'll get worse. |
Well tack on employer match to 33% and you get 133% return. Of course the match goes down to "only" 50% after a certain amount, but you get the idea. His contributions to retirement are also tax deductible. And gold is just higher right now due to recession fears and corona. Once things are back to normal gold will be lower relative to stocks.
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