This post is mostly influenced by the recent all time highs gold has reach in the last few weeks.
As a young person just starting to get into investing, a series of questions have been on my mind.
How is it that in the last five years we have seen record increases in commodities, stocks, housing, and inflation?
It feels like I came into adulthood at one of the absolute worst times in history? The price of gold was $1,500/oz in 2020. The median home price in the United States was a little more than $300,000. Stocks and index’s have seen 100-200% gains in five years. All while wages remain stagnant, and the price of goods, and the cost of living increase.
Do we live in an era where investments continuously increase year over year with insane returns? How is this sustainable?