Gold

Since 1950, the average value in home prices has increased 5% per year but in the decade of the 1970’s the prices increased by ten percent per year. Many people made money selling real estate during the 70’s and they were all on late night TV selling books on how to make a killing in the real estate business. Then during the 80’s housing only rose 5% per year. This followed with a four percent rise in the 90’s. Something similar happened in gold. Since 1950 gold has risen 7% per year but the last ten years gold has risen 15% so there are many experts on TV telling people to buy gold. Meanwhile the stock market has risen 10% per year over the past 100 years. Usually by the time experts are bragging about their profits, the boom is over and most people come in as johnny come lately’s.