Well, I cashed in some savings bonds today.
I finally took the plunge, and sold off a few savings bonds from when I was a kid.
#1 Was purchased Oct 1985 sold @ 260% of initial purchase price
#2 Was purchased Dec 1992 sold @ 151% of initial purchase price
Test
Test
So , this is all good and well , however I started thinking about the investments that could have been made right around the time I was born (1985).
One of the biggest investments talked about right now is precious metal investing, so I will compare gold & silver
Gold spot in 1985 $330oz
Silver spot in 1985 $6.20oz
Gold Spot in 1992 $345oz
Silver spot in 1992 $4oz
Using current spot prices – of $1110oz for gold, and $17.15oz, we find out that since 85, silver has been up 177% , and since 92 it has been up 329%
Gold on the otherhand, would have seen a 236% appreciation since 85, and a 222% appreciation since 92,m giving an average 229% appreciation.
So , having said that, Silver would have been the best investment , then gold, then the bonds, but not by a wide margin.
Now , looking at the Dow Jones industrial average, the gain since 85 has been 631% and since 92 a 223% gain.
Obviously , out of these , stocks would have been the best choice , but let’s go further……
Machine guns since 1985 have gone up well over 1,000% , and would have been a much cooler investment
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