Introduction: This is a tiktok video published by Nick Meyer, CFP® | NOT ADVICE. The video has now received more than 5.3K likes, 104 comments and 51 shares. It is deeply loved by fans. The following is the specific data and similar videos. Address, you can complete the operation on this page by clicking play or bookmarking the video.
Is gold ACTUALLY a good investment?🤔 $1,000 in 1983 dollars would have the same purchasing power as ~$3,000 today, so gold has historically done a good job STORING value. One thing it hasn’t done well? Act as a vehicle for BUILDING wealth. If you’re still in the wealth accumulation phase of your financial journey, think long & hard whether your money would be best placed into an asset like gold that barely beats inflation (historically), or another asset that has much higher upside. Assumptions: - Price of gold from December 1983 - January 2024 - S&P 500 return from December 1983 - January 2024 *This is not an investment recommendation: I'm a person that you don't know on the internet, do your own research before making any investment decision* #learnontiktok #moneytok #personalfinance #stockmarket #investing
Duration: 26 sPosted : Mon, 20 May 2024 19:33:35Views
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