Gary Brooks’s monthly column in The News Tribune was published today.
http://www.thenewstribune.com/2010/06/18/1231727/think-twice-before-shifting-to.html
It examines perceived safety of bonds and gold as choices to manage investment risk.
Two notes you might find hard to believe:
- Since 1945, government bonds have had negative returns in more calendar years (19) than the S&P 500 Index (15).
- People who invested in gold at its peak in 1980 still have not returned to even on their investment. The inflation-adjusted price of gold today is close to half of its all-time high.
Gary’s past columns in The News Tribune can be found on the Brooks, Hughes & Jones web site www.BHJadvisors.com.
