Gary Brooks’s monthly column in The News Tribune was published today.
It examines perceived safety of bonds and gold as choices to manage investment risk.
Two notes you might find hard to believe:
- Since 1945, government bonds have had negative returns in more calendar years (19) than the S&P 500 Index (15).
- People who invested in gold at its peak in 1980 still have not returned to even on their investment. The inflation-adjusted price of gold today is close to half of its all-time high.
Gary’s past columns in The News Tribune can be found on the Brooks, Hughes & Jones web site www.BHJadvisors.com.