Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: wastoute

not sure what you mean. You said you bought gold when Obama was elected and then you sold it two years later. That was during the financial crisis that started in 2008 - actually before Obama was elected. Obama has now been in office over 6 years.

I was just commenting on what you said about investments tanking under Hillary — well they haven’t under Obama. One can run a chart of Gold vs S&P since 2010 or so. A picture is worth a thousand words. Stocks have done well. Gold has not. Over the last 5 years stocks have an annualized return over 17% a year. Gold has gone down 1% a year over the last 5 years and down 10% a year over the last 3 years. That is all with a marxist in the WH.

I would never invest my money based on politics, idealogy and just who happens to be in the WH. It is far more complicated than that — as you know I am sure.


32 posted on 06/07/2015 7:41:17 PM PDT by plain talk
[ Post Reply | Private Reply | To 26 | View Replies ]


To: plain talk
A picture is worth a thousand words. Stocks have done well. Gold has not. Over the last 5 years stocks have an annualized return over 17% a year.

You do understand that those gains aren't real? You do know what's driving all that "growth" in the stock market?

35 posted on 06/07/2015 8:00:13 PM PDT by DiogenesLamp
[ Post Reply | Private Reply | To 32 | View Replies ]

To: plain talk

I will tell you this much. I have moved massive amounts of money (for me anyway) three times. Each time relative to an election. Sore/Loserman. Moved 100K out of mutual funds to cash. All at once. Avoided a 40% drop. Second time, 50% drop. Missed me entirely. Then I made $1,000 an ounce on Obama. I never timed a market, just elections.


38 posted on 06/08/2015 12:28:20 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
[ Post Reply | Private Reply | To 32 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson