Introduction: This is a tiktok video published by Nick Meyer, CFP® | NOT ADVICE. The video has now received more than 3.4K likes, 43 comments and 9 shares. It is deeply loved by fans. The following is the specific data and similar videos. Address, you can complete the operation on this page by clicking play or bookmarking the video.
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Is gold ACTUALLY a good investment?🤔 $1,000 in 1983 dollars would have the same purchasing power as ~$3,000 today, so gold has historically done a good job STORING value. One thing it hasn’t done well? Act as a vehicle for BUILDING wealth. If you’re still in the wealth accumulation phase of your financial journey, think long & hard whether your money would be best placed into an asset like gold that barely beats inflation (historically), or another asset that has much higher upside. Assumptions: - Price of gold from December 1983 - January 2024 - S&P 500 return from December 1983 - January 2024 *This is not an investment recommendation: I'm a person that you don't know on the internet, do your own research before making any investment decision* #learnontiktok #moneytok #personalfinance #stockmarket #investing
Duration: 26 sPosted : Mon, 20 May 2024 19:33:35Views
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