As a representative of precious metals from ancient times to the present, gold has always been the first choice for many people to invest. Especially Chinese aunts are staunch supporters of gold. So is gold a good investment? How are the aunties who made the mad rush four or five years ago? How are they doing now? Did you make money or lose money?
Ten years of gold price trends
According to the trends of gold prices in the past ten years, since international gold reached its peak in 2011, the price of gold has been declining. In 2014 - During 2015, it even fell to a historic low of less than 250 yuan/g. For most investors, chasing the rise and killing the fall is basically an inevitable rule. At that time, many investors actually did not They dare not make a move because they think gold may fall further and are afraid of losing money in their hands. Just like real estate, if the price of house prices drops all the way, many potential buyers will be more cautious because they are worried that house prices will continue to fall, so they habitually I'll be waiting, waiting.
However, compared with rational investors, Chinese aunts are much more casual (it is said that more than 80% of families in China have financial power in the hands of aunts), and many aunts do not understand financial management and appreciation. , in their view, the gold price at this time is already the lowest moment in the years they have experienced, so the aunts do not consider whether it will continue to fall in the future, but rush into the gold store in a swarm, buying you without negotiation, thinking that this is the moment. When taking advantage; especially aunts also like to dance in the square. When communicating with each other, if they hear that others are buying like crazy, they will follow the trend, fearing that they will not be able to take advantage of it if it is too late. In a rational way, In the eyes of investors, Auntie's behavior is indeed stupid and naive, but judging from today's gold price, as long as Auntie holds it until now, they will definitely make a lot of money.
We assume that Auntie invested 200,000 yuan to buy gold in 2015. The gold price at that time was about 230 yuan/g. Auntie can purchase: 200000/230=869.57g; in October 2020, the current gold price The price is almost 400 yuan/g. The value of the gold held by the aunts is: 869.57*400=347828 yuan. That is to say, after holding it for 5 years, the aunts’ income is 147828 yuan. What is the rate of return on this amount?
We assume that the rate of return is M, 20*(1+M)^5=347828 yuan, and we can get M=11.6%. That is to say, the annual investment rate of return for this investment of aunts can be Reaching 11.6%, this yield is already higher than all low-risk products, and even higher than medium-risk trust products. Therefore, sometimes investing does not necessarily require a lot of knowledge. Just follow your feelings, and unexpected things may happen. Unexpected ending!
Of course, Chinese aunts are different from ordinary investors. Ordinary investors usually sell when the price reaches a certain level, but most of the gold purchased by Chinese aunts is for inheritance. Even now The price of gold is very high. I guess most people still store it at home, preparing to marry off their children and grandchildren. Whether it goes up or not, I guess they don't care too much.