1999, or any other year is arbitrary, and you probably can pick dates to make *a... | Hacker News

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		throw0101d on April 29, 2024 \| parent \| context \| favorite \| on: Most investments are bad. Here's why 1999, or any other year is arbitrary, and you probably can pick dates to make any investment strategy look good: * https://www.longtermtrends.net/stocks-vs-gold-comparison/ In the following graph: * https://www.macrotrends.net/2608/gold-price-vs-stock-market-... we have: * over 5 years, gold over DJIA * 10 years, DJIA over gold * 20 years, gold * 30 years, DJIA

dxhdr on April 29, 2024 | [–]

> 1999, or any other year is arbitrary, and you probably can pick dates to make any investment strategy look good

I agree, that was partly my point!

bryanlarsen on April 30, 2024 | [–]

> you probably can pick dates to make any investment strategy look good

But buying internet stocks in 1999 is the worst year. What happens if you buy gold in 1979?

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