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Re: If I could go back to 1985? I would buy Home Depot, Apple, and Microsoft, but I know how to calculate my returns after inflation.
Author: BOB2
Date: 12-06-2022 - 00:28

$$$$ Wrote:
-------------------------------------------------------
> I would buy 1000 ounces of gold and bring it back
> today and retire

I would buy Home Depot, Apple, and Microsoft stocks, of even just a Nasdeq or Dow index fund. And, then I'd watch you lose half of the value of your investment due to inflation, by 2008, and another half of the inflation adjusted value of your gold investment from 2008 until now.

I used to own stock in a gold mine that the Southern Pacific once gave me, in a gold mine they once owned in New Guinea. where the dig this metal out of the ground.

So, adjusted for inflation, I made a hell of a lot more money on that gold stock, which multiplied my profits by the profits they made selling that gold they dug up to people like you, when I sold it at the last "gold high" in the mid 2010's, than you will have made with this proposed investment.

What would you buy today, with that kind of perfect hindsigt?

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  Re: If I could go back to 1985? I would buy Home Depot, Apple, and Microsoft, but I know how to calculate my returns after inflation. BOB2 12-06-2022 - 00:28


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