The US stock market index has not progressed since 1971 if you denominate the index in ounces of gold rather than dollars. This is true but neglects the role of dividends in driving stock market returns. Including dividends, the total stock market return is close to 4X that of gold.
Tag Archives: gold
More Passive Investing without Index Funds
I have moved all of my investments to a passive approach so I can divert more time to building businesses instead of stock picking/reading about markets.
