Hogville Info
• 9,392,278 Posts
• 385,663 Topics
• 21,602 Hogvillians
THE RULES (Read 'em!)
Quick Links
Pick'Ems:Football      Basketball      Baseball
Sister Sites:Gridiron HistoryFearless Friday
Listen NOW:Game ON 103.3 
  
Pages: [1]   Go Down

Author Topic: 2013: Gold, Silver, Equities and Bonds  (Read 930 times)

0 Members and 1 Guest are viewing this topic.

HoginMemphis

  • Gold Hogvillian
  • *********
  • Online Online
  • Gender: Male
  • Posts: 20,197
2013: Gold, Silver, Equities and Bonds
« on: December 31, 2013, 01:15:53 pm »

Gold ends 2013 down 29%.

Silver ends 2013 down 36%. Worst losses for gold and silver since at least 1984.

Regarding equities, the S&P 500 total return (dividends reinvested) is up 32% for 2013, just 2 hours before market closes for the year. This is just domestic equities of course. Many non-domestic equities have done this well or better, especially some European-based companies such as Philips, Seimens, Vivendi and Vodafone, all of which I own.

Regarding bonds/fixed income, the Barclays US Bond Aggregate index is down 1.92% for 2013, its first loss since 1999 and worst loss since 1994.

A nice understatement would be to say that it was not a good year to be invested in precious metals, either directly or through mining companies. While they have all lost 30% or more, the general stock market is up over 30%, a 60%+ swing. And if you are a conservative investor and think that bonds are always safer than stocks, then you suffered this year from not being invested in equities and never joined the party the past couple of years. As Buffett stated back in 2012, bonds should come with a warning label. In my opinion, it's still accurate today. At that same time, Buffett further quoted another successful investor by saying, "bonds promoted as producing risk-free return are now priced to offer return-free risk."
Logged

Lanny

  • The1
  • Administrator
  • Gold Hogvillian
  • **********
  • Offline Offline
  • Posts: 20,705
  • The1
    • Hogville.net
Re: 2013: Gold, Silver, Equities and Bonds
« Reply #1 on: January 10, 2014, 07:29:29 am »

Actually, 2013 was a fantastic year for me in precious metals.  I bought all year and have continued in 2014.  Know when to buy and Know when to sell of course buying a coin shop helped too!
Logged

Sponsored Ad



Hogville encourages you to do business with the following...

HoginMemphis

  • Gold Hogvillian
  • *********
  • Online Online
  • Gender: Male
  • Posts: 20,197
Re: 2013: Gold, Silver, Equities and Bonds
« Reply #2 on: January 10, 2014, 11:04:25 am »

Actually, 2013 was a fantastic year for me in precious metals.  I bought all year and have continued in 2014.  Know when to buy and Know when to sell of course buying a coin shop helped too!
Buying into a declining market is usually a good thing for the long term. Just do not want to have a large position in it when it begins its 35% decline.
« Last Edit: January 12, 2014, 10:11:01 am by HoginMemphis »
Logged

pheine78

  • Senior
  • *****
  • Offline Offline
  • Gender: Male
  • Posts: 644
  • I love my life!
Re: 2013: Gold, Silver, Equities and Bonds
« Reply #3 on: January 11, 2014, 05:46:35 pm »

I have started to slowly move into bonds (I think the market will continue to roll for another year at least, but the end is coming soon).  It isn't the time to buy precious metals yet, maybe by the end of year.  I agree with Lanny to extent, but I am just not ready to buy metals yet...ask me again in a few months.  I think they will sink quite a bit more.
Logged

DeltaBoy

  • Gold Hogvillian
  • *********
  • Offline Offline
  • Gender: Male
  • Posts: 67,450
  • I'm Un-Reconstructed. Sic semper tyrannis
Re: 2013: Gold, Silver, Equities and Bonds
« Reply #4 on: April 21, 2014, 01:24:08 pm »

Since I just use Precious metals as a hedge it worked out fine for  me  in 2013.
Logged
Pages: [1]   Go Up
 

KARK
KWNA
Fox 16 Arkansas