If you've read my blog, you'll know that I am not a big fan of the stock market. I'm not a big fan of gambling at all. I've never been to a casino nor Vegas. However, I did play computer poker when I was in Australia. Boy was the bartender upset after I won a cool $8 from the machine.
I am a big fan of productivity, and certain areas of growth. I enjoy watching my children grow and learn everyday. I enjoy watching all the fruit trees I planted grow and start producing fruit along with the beautiful flowers they create in the Spring. I get satisfaction creating something new, or upgrading something that is old.
Things that I do not like in the form of growth is cancer. I do not like to watch my stomach and waist size expand. Regardless of whether it is slow growth or not.
When it comes to assets, I prefer an asset that I can touch. Whether a local business, real estate, coin collection, autographed baseball, 69 Mustang Convertible...to me those have real value. No one says..."Hey let me show you my stock portfolio. You got to see how many shares of Microsoft I own!"
However, if you own a 69 Mustang...I'll be impressed. Especially if you were the original owner or if it was passed down from generations.
I'm not a huge proponent for Gold (I prefer Silver)...however I did read a pretty good article about why gold might be undervalued even at current prices. The article gives an argument that the Dow Jones was trading around 1000 in 1980 while today is trading 12573. This is 12.5 times higher today than in the 80s. The author of course doesn't mention that the Dow Jones consists of businesses, and those businesses are many times larger, and produce and sell many more goods and services. It really isn't a great example. However, other than that I think the article is fine.
Tell me what think about the article!
Disclosure - Military Millionaire owns gold and silver as of this article.