Gold is either a 5% long-term holding or skip it entirely. Over five years, Nasdaq rose 100%, India 36%, UK 51%, while China fell 23%. The speaker warns against trading when you should be investing.
That's ETFs. I'm going to go into ETFs at the moment, but I'm going to show you some interesting stuff because I'm going to do a separate one on that. Now, gold has dropped. Look, it's really simple. It's a binary decision. Either you want gold in a portfolio or you don't. Either you're trading or investing. Once you decide you're investing and you want it, then you're only going to have 5% in your portfolio because you're not going to have single security risk. If you don't want it, then you have nothing. And if you're trading, you're in the wrong webinar. Simple. Job done. Move on. Go enjoy the weather. The reason I say that is because people faff around to, uh, what about this, what about that? And they try to be traders when they shouldn't. So, this is the markets over the last 5 years. The NASDAQ's up 100% over the last 5 years. That means annualized return, CAGR, about 15% per annum. Okay? In case you're wondering. So, you doubled your money in 5 years. The UK, 51% over the last 5 years. And you can see others. Now, I'm going to show you something interesting in this, which sometimes surprises people. China over the last 5 years is down 23%. India is about 36-ish. Okay. 10 years, NASDAQ's up, what's that? Sevenfold. Is up 7. Your money's gone up sevenfold. I think I've got that right. Sevenfold. China, you're only up 25%. This is why data's important. UK, you've barely doubled it in 10 years. India, You've done the same as the UK pretty much. India's done a little bit better than the UK for all its massive growth.
