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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (140978)4/24/2018 11:51:36 PM
From: Elroy Jetson  Respond to of 218460
 
Yes, the effective annual gain on gold has been 2% a year over the past fifty years, as you noted, a fairly miserly return - but perhaps perfect for a miser.

In the US this "gain" is taxed at a much higher tax rate than bank interest, appreciation on stocks and bonds, and far more than the tax on home price appreciation, which in most circumstances is taxed at zero percent.

But for those with Scrooge McDuck fantasies it's like no other.



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