I bought gold worth $5000 in 1998. I still have it. Now that same gold is worth approx. $70 000.
I also bought gold in 2000, 2015 and 2020. In 2020 I got gold for $70 000. Just five years later that investment is worth approx. $160 000, more than double.
I’ve been mocked for this by investors and crypto-heads because it’s such slow growth. But in nature, slow-growth is always more stable, more permanent compared to “one hit wonder”. It took only a few minutes of “work” to purchase the gold vs. the endless hours and days people study other investments. If you’re smart you consider investment of TIME, not only money.
I use the principle of slow and steady improvement in all areas of life.
