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Thursday, April 9, 2009

You Are About to Make a Bad Investment

Motley Fool

Don't you invest in that just because you think it's a good idea. I'm warning you.

Across 10 asset classes, over a near-40-year time horizon, and in increments of three, five, and 10 years, there's one investment vehicle that made for a total loser -- a dud.

It's gold -- that so-called safe haven for your assets -- and if you're considering it today, let me explain why you need to bypass it and move on. Although gold may well be one of your favorite items in the vault, as a long-term investment, it is just plain lousy. Read More...

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