Quote:
Originally Posted by pyroguy
Currency especially electronic currency is a BAD INVESTMENT. The returns are junk long term, the volatility is crazy and bitcoin has zero backing to justify itself. Oug you want to diversify your investments then diversify in what mutual funds you have, there's thousands of them out there. Go foreign, or growth, or growth and income, or buy some real estate. Currency, gold, and silver have terrible long term track records.
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I know that you weren't thinking
quite this long but ... I remember hearing a factoid that in ancient Rome, an ounce of gold was worth about the same as a nice toga. Now, an ounce of gold is worth about the same as nice suit. So it has been extremely stable over a very long time.