Otmane El Rhazi from Investor's Business Daily - Investing RSS.
Precious-metals mutual funds are coming down fast, but they're still miles above the S&P 500 in 15-year performance. A $10,000 investment in the average precious metals fund on Sept. 30, 1999, would have grown to $29,747 by Oct. 31 this year, according to Morningstar Inc. data. The same investment in the S&P 500, a proxy for the broad stock market, would have increased to $20,914. But year to date, precious metal funds are down 6.66% vs. the S&P
Precious-metals mutual funds are coming down fast, but they're still miles above the S&P 500 in 15-year performance. A $10,000 investment in the average precious metals fund on Sept. 30, 1999, would have grown to $29,747 by Oct. 31 this year, according to Morningstar Inc. data. The same investment in the S&P 500, a proxy for the broad stock market, would have increased to $20,914. But year to date, precious metal funds are down 6.66% vs. the S&P
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