Gold belongs only in the portfolios of fearmongers and speculators. If you own gold in your portfolio, expect to not get paid an income, pay higher taxes on your returns, take a more volatile ride than the stock market, and get a long-term return lower than bonds.

Peter Mallouk
Some Similar Quotes
  1. Dare to love yourselfas if you were a rainbowwith gold at both ends. - Aberjhani

  2. The real story of the Fleece: there were these two children of Zeus, Cadmus and Europa, okay? They were about to get offered up as human sacrifices, when they prayed to Zeus to save them. So Zeus sent this magical flying ram with golden wool,... - Rick Riordan

  3. If I am your rainbow, then you are my pot of gold. - Anthony T. Hincks

  4. A relationship that is truly genuine does not keep changing its colors. Real gold never rusts. If a relationship is really solid and golden, it will be unbreakable. Not even Time can destroy its shine. - Suzy Kassem

  5. Just like freedom, Truth is not cheap. Yet both are worth more than all the gold in the world. But what is freedom, if there is no truth? And what is truth, if there is no freedom? Both are worth fighting for – because one... - Suzy Kassem

More Quotes By Peter Mallouk
  1. ...there should be no place in a portfolio for hedge funds. There are lots of reasons, but the main one is simple: Investing in hedge funds is a great way to increase the odds of underperformance.

  2. I never use hedge funds because I am well aware of what drives future performance, and hedge funds start out with a great disadvantage in every major category: taxes, fees, risk management, transparency and liquidity.

  3. The stock market cares about only one thing above all else: anticipated earnings. If companies make more money, their share prices eventually rise. The stock price is simply a reflection of a company's earning power. Everything else is noise.

  4. Rather than be fearful and sell out at the worst time or get greedy when the market is way up, investors should control their emotions and not only avoid panic, but embrace the market volatility for what it is: an opportunity and a gift. Suffocate...

  5. Gold belongs only in the portfolios of fearmongers and speculators. If you own gold in your portfolio, expect to not get paid an income, pay higher taxes on your returns, take a more volatile ride than the stock market, and get a long-term return lower...

Related Topics