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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: sixty2nds who wrote (8184)3/3/2008 10:08:58 AM
From: Slife  Read Replies (2) | Respond to of 50518
 
If you read "Total Money Makeover", page 74 and 75...."Gold is actually a lousy investment with a long track record of mediocrity...." "Furthermore, gold is not used when economies fail." Unfortunately, his staunchest disciples, those that don't think for themselves, are completely into long-term growth mutual funds and real estate. Anyway, having said that, I still love most of his material and my family practices most of his ideas - except when it comes to gold;-)
Most people should follow his ideas about getting out of debt, having an emergency fund, and investing a healthy chunk of money on a monthly basis.

Good discussion

Chris