if you had been paying attention to my posts back in 2004 you would have bought gold for under $500 and silver for less than $5 (currently $887 and $12.50)
“Look first for assets that are priced less than their long-term average”
please enlighten us as to what these asset classes are (without mentioning equities) or give us an example
“buying things that have tripled in price in recent times isn’t a wise long-term strategy”
that’s a very simplistic guideline – no mention of fundamental analysis – so oil tripling from $10 to $30 makes it a less-than-wise investment? – oil subsequently went to $147
