GOLD (COMEX) gold

Originally posted by sydneyguy: ↑

Matter of interest, how do they calculate that when the componants of the Dow are not the same as 1913 or the capital losses as a result of components crashing out to nothing?

Kodak sears etc?

Also wondering- I hear the arguements about income paying- but how is this calculated?

Many home Owners have lost it all during bust times since 1913,

Rent income is that gross estimated? what about the rise in holding costs - I know quite a few in property that sold up and haven’t really made much after a decade or more after decducting stamp duties- non payment of rents- insurance- council fees- high income earner levies- ocassional levies like vendor tax- agent fees - regulation

As for farmland - that income is obviously not constant- certainly in oz there are plenty of capital losses from investments in farming since 1913- and many of this investments have high interest which the income
Doesn’t always cover- hence its is subsidised and supported —

I’m not convinced - whilst on the face of it- those sort of comparisons present to true pictures - the quick comparisons available do not imo tell 100 percent the story of changed components and assume constant positive income and no capital losses

I accept the graphs on the face of it are correct but the information to make the graph imo are strongly misrepresenting the true underlying complexity and are far too simplistic

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You can arrange your investments in the DJIA yourself or buy an ETF that will do it for you. The SPDR DIA for example, the easy way with generally low costs.

True, many lost their homes and businesses including both my sets of grandparents, because of debt and business failure when the depression began, money dried up.

Rents....some properties, commercial mostly, all the outgoings are paid by the tenant, the landlord doesn't pay anything, but all depends on the level of risk you're prepared to take, how much leverage. Where I live currently there's huge demand for residential rental property, but that's not to say it'll always be like that.

Farmland. Where I live there's no farm subsidies, they went years ago, a high risk business that often requires huge amounts of debt, but can be a good lifestyle with tremendous rewards.

Owning gold bars isn't going to make you rich and the numerous posts here touting global meltdowns are spinoffs from the catastrophe websites like Holter/Sinclair/Schiff and co.