Posted by MarkB_MI on January 01, 2019 at 04:56:30 from (174.230.17.5):
So, how did the stock market do this past year versus the popular "guns and gold" investment strategy?
Not a great year for the stock market. The S&P 500 closed December 29, 2017 at 2674. Yesterday it closed at 2507, down six percent for the year. Add in the two percent dividend paid by the S&P 500 and the net loss is roughly four percent.
For my gun price index, I've been using the sale price of a Bushmaster "Patrolman's Carbine" from the regional Dunham's sporting goods store. Unfortunately, Dunham's doesn't put that gun on sale as often as they used to, so the last time it was listed on their sale flyer was in November. A year ago it sold for $800; in November it was $750, a six percent drop.
As for gold, the London fix for December 28, 2017 was $1291. December 28, 2018 it was $1279, a one percent drop.
So, if you had your money split between guns and gold, you would have beat the stock market last year by about half a percent. That's the first time since I started running these numbers several years ago that guns 'n' gold came out ahead. Of course, last year was the worst year for stocks since the recession.
Upload one or more videos to your post. Photo and video filesizes should be less than 5MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
