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Hennepin, IL | The difference John is referring to has more to do with the underlying stocks in your mutual fund, than the fund itself. Those companies in that fund make money (hopefully) every year. Thats what drives their value up is that they're creating value in the marketplace: providing services, converting raw materials into products, etc. Hopefully each company is a competent enough manager to shift some of that value they have created to their stockholders along the way in the form of dividends and strong financials which in turn will drive the price up. Gold is gold, very little is turned into anything but bars, coins, and jewelry. Even if youre buying value added products like jewelry, its not adding value to your financial position beyond what the next guy will pay for it. | |
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40 years what won gold silver, mutuals --check my math
