House Or Gold? Which Goes Up In Value Faster?
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- Опубліковано 3 лют 2024
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Link To The 1 Oz. Gold Krugerrand Coin Featured In Today's Video:
www.pimbex.com/purchase-bulli...
In this video I provide a full breakdown on what asset has performed better since 1987 - gold or housing! I show specific levels of returns on the value of gold vs. median housing prices each year since 1987 up to today with plenty of interesting data that anyone looking to protect their wealth will certainly be interested in seeing.
I also answer a viewer question on the topic of what happens to retirement plans when the financial system collapses as a result of hyperinflation.
Be sure to watch to the very end because it is full of useful information.
None of this advice - I am not a financial advisor - this is educational material!
Links to data sources:
Gold Price Data
www.macrotrends.net/1333/hist...
US Median Home Sales Price Data
fred.stlouisfed.org/series/MSPUS
#gold #realestate #housingmarket
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I have much more fascination for gold than any other property.
Production of wealth and the storage of wealth are 2 different vehicles.
Agreed. I said something close to that in this video.
So I guess I got it right, bought gold/silver in 1994, held on to it until 2009 where I sold half of it to put 50% down on a townhouse that was foreclosed on. It was $230K and I got it for $159K. It had gone down 40% while my precious metals had gone up approximately 3x since I bought them. It only took 15 years to pay off the mortgage as the payments were so low. It is nice being in retirement with a mortgage free home, right now are taxes are low and we are still able to put 1K/month into investments. You and Jaspreet Singh give the best levelheaded opinions on UA-cam without hype. Thanks for all you do to keep US informed. In my case people are paying higher rents for apartments than I pay in taxes and HOA fees, 1/3 less. It is costing me $650/month for my taxes, insurance and HOA total.
Cheers Mark!
Buying a house in 2009 was maybe the only thing I did right up until stacking. Short sale $216k. Owner had it listed previous year for $420k. I got extremely lucky.
Yeah right.... prove it!
Very well done, Mark. Kudos to you on this. 👍
We paid off our home in 2014 because the market was falling and our investments were not throwing off the amount of cash that it had been doing. Paying off the 7% mortgage
at that point was a good move to make, as it is liberating to not have that big house payment to make every month. Still have property taxes and maintenance to pay for, of course,
but that's a much lighter load.
That's freaking awesome...Great job!
The number of ounces of gold needed to buy the median home since the 1920s has varied from about ~50 to ~800. In other words, compared to today’s value of ~200 oz, it has varied from 4x less to 4x more. So if you are trying to decide which is better to buy right now, unfortunately it’s not especially clear. About the only thing we know for sure is the dollar depreciates faster than both! Get gold for the liquidity, or real estate for the income.
Gold's sounding alot better to me now. Plus a house has maint fee's over the years .
Great comparison between gold and housing. Well done!
Thank you.
Really good topic. Seems there might be some costs of maintaining property which would affect the numbers....but not in a favorable way for housing.
True. I tried to keep it as simple as possible.
As usual you have presented more reasons on the benefits of precious metals. Well done bald guy! Love your work!
Cheers! Thanks for taking the time to watch and comment.
HAVE A GOOD WEEKEND STACKERS STACK IT HIGH ON THE LOWS🤞
Awesome video as always!
Great question and explanation thanks
Glad it was helpful!
Great Info Bald guy !!!
Interesting. Thanks for making this video.
Great topic and video!
Thank you so much for the comments related to retirees. This really does show how well gold has done. Ya ought to do one on silver just for comparison. It should show how silver surely has been manipulated. This was a truly great video!
very cool. it gives me the idea to plot out more complex scenarios. say an average joe scenario starts in the 80's where you have to start with a house anyway, you gotta live somewhere. and then plot a few different options, pay down the house with refis over time, buy extra investment properties, or buy gold.
I am glad it inspired you! This is definitely a simple approach that could be expanded into a complex model.
Great analysis BG, as usual... I will agree 100% that the Patreon is worth every Penny. I've saved enough in Premiums buy waiting on your Buy alerts and Stock Tips to have paid the yearly membership several times over. Thanks for the hard work.
Thank you Rick!!
Hey Bald Guy, love your videos, always informative and important information.
Wanted to ask you what happens to gold in a deflationary cycle? I’ve seen conflicting opinions on the subject.
Keep up the good work.
I can analyze that!
Good Analysis
Thanks Bald Guy!
Thank you Chris for your generosity!!!!
Thanks BG...
This definitely depends on what country you live in. Canada is in a stupid housing bubble right now so that skews the stats a bit. Over long term I definitely agree though
Good to know gold has performed so well. Keep stacking!
All fiat currency dies ! Great video Bald Guy very well done !
Every fiat currency in history has always closed out with the exact same value that it started with 0 ZERO. Just try to prove me wrong I dare you. The most valuable thing about any fiat currency is the amount of BTUs it produces when you burn it🍻
Thanks
I did this with my grandparents shore house, bragging how great of an investment it was. Purchase was 10K in 1960. I don't remember what year I did it but there was a peak for the area. It was tied, then you had to add the expenses.
@theboringchannel guess you had to delete that comment, gold $35 in 1960 not $350+
Thanks for the analysis. One thing I didn’t hear mentioned is that if you had elected to purchase the gold instead of the house you would still have to pay rent instead of a mortgage which would tilt the choice more towards the house in my opinion. If it was a second home then I could see your analysis working but I’m looking at it like a primary residence.
This isn’t really an analysis of opportunity cost - just the value of the pure asset.
Good thoughts...house n gold both a good long term...pay off house then put the extra cash in gold
The last 20 year gold price in the UK 🇬🇧 increased 635% compared to the 10 % growth in many parts on the North of England- couple that with 5% interest rates- plus 1.5 % of the value of the porperty in service maintanance- renting and stacking would have been a wiser financial move
pension is a nominal claim, even if it is paid as promised, nobody knows what this amount of money will buy in 20 years.
True. And adjustments never keep up with inflation!
And all the mainstream experts will say Gold isn't a good investment. Bald Guy proves it with the math. 7.5% is a great long term return!
$216k is exactly what I paid for my house in 2009. I wish I had used the $7k First time Home buyer credit and bought 7 ounces of Gold with it. Blew it all on meaningless garbage instead
Homes in South FL have gone up 10x since 1987. Definitely better than average, but insurance and interest rates will eat up future windfall profits.
I'm a big fan of silver but I hear very interesting things about monoatomic gold. May become very useful for medical and non-medical applications in the future.
Isn't that what the Aliens had humans mine?
@@SolemnStackerCorrect the Annunaki loved monoatomic gold also remember Cleopatra used to bathe in ‘gold milk’ go figure 😮
Excellent session. Real estate for investment vs. as a home is very different. Preparing for retirement has several objectives, like shedding stairs, pool, unused space, simplification, etc. Rental properties can be a good source of consistent income - until the .gov says tenants don’t need to pay rent and can’t be evicted (I.e. Covid lockdown).
Question: Should retirement property be owned outright, if needed paid for with PMs, or hold the PMs carrying a 3% mortgage? (Personally, I hate the idea of paying interest to a bank, but thinking gold is very undervalued right now.)
Great question - I think owning your home is the best goal. Get rid of the debt.
BG, properties has its risks and if you’re unlucky you might lose everything, even forcing you to declare bankruptcy. Happened to my uncle. He bought a property in a new developing suburb and what happen is government pull out most of their planned projects, investors pull out businesses and the whole suburb became a ghost town.
Awesome information 👍 thanks.
Bought real estate in 2011 as well.
I love your depth on the specific topics you choose. I also love how you weed through and avoid the unnecessary jargon some YT'ers infuse.
However, I'm curious why you chose 1987 as your starting point. Why not choose Jan 2, 1975, when Americans could start buying physical gold coins or bullion?
Also, I have another question. How common is it for gold to move inversely with RE? Do they generally move in the same direction or opposite? Is there any correlation to their direction?
Thx BGM
Great questions. I selected 1987 because I already had the data ready for that period. As for your second question - I suppose the data would be in the tables - I’d have to take another look.
Bald Guy, question: where did people live during all those years ? In their paid off home OR did they pay rent? If they lived in their paid off home, they could’ve used the monthly rent they would need to pay (without a home) to invest monthly in precious metals. It seems financial people always leave out this “benefit” of homeownership. Where are you going to live? The home has more value than just pure appreciation. Don’t forget the monthly benefit of the cost of housing savings.
Hi. This is just an exercise comparing the appreciation in the value of a home vs gold. This doesn’t mean don’t buy a home - as I stated in the video - the majority of my net worth is in real estate. I own many rental units and believe it is the best way to achieve financial freedom as it worked for me.
@@baldguymoney5568 I appreciate your advice you give away and thank you Sir.
Interesting video with heavy duty financial data support. That said, one cannot live in one's stack... unless it is HUGE! lol
When I was planning my retirement in the early 1980s, I never added SS benefits to my plan. Every bit of money that comes back to me in retirement from SS benefits is basically
"found money". This gives us a considerable "cushion" in terms of retirement resources that some may not have. I retired comfortably at age 55 in 2004 and have lived on the cash
that my 401K roll-over to an IRA throws off annually. Added to this, is that I took SS benefits at age 62, even though I did not need the money at the time. Instead, I used most of it
to grow my stack of gold and silver and I am sure that this will benefit us more in the long term than leaving those benefits in the hands of a spendthrift government that is unable
to draft a budget and unwilling to live within its means.
100% correct! That’s why I said this is not to discourage anyone from owning a home - the majority of my money is in real estate as I have many rental units.
The real estate rise on home values is a clever maneuvered manipulation . Corporate landlords can sway housing values with selling to themselves , another tryst is sending in 2 contracts to brokers with the 2nd being a leveraged win against other buyers . It’s cloaked very well .
My father passed away 2yes ago. I inherited his home and have been renovating it. My father paid $280k for this house in 1982. today my realtor estimates I will get max $320k for it. he also had a large suitcase with thousands of pre-1965 silver quarters which are worth circa $5 each.
It’s a good analysis but most people buy a home with leverage and make mortgage payments, while people buy gold not in lump sum buys, but a little bit Year after year or month after month.
True. This is just a comparison on appreciation.
There are no capital gains taxes on American government issued gold and silver coins. That is why all my purchases will be in that form in the future. I have a good bullion dealer where their premiums are lower than large online bullion dealers. Not knocking Pembix or other online dealers. I have to drive over 300 miles round trip so when I do go I buy in relatively large sums.
Sure. Not all of my viewers live in the United States though. Rules certainly vary from place to place.
Yup, you mentioned greeters at Walmart. There’s lots of old folks here in the good old USA that get to work until they are too old and physically unable to work. Not because they didn’t work hard enough all their lives. Not because they weren’t loyal tax paying citizens. But because they paid the highest and most brutal tax. The tax of ignorance. Thanks bald guy for these unbiased basic facts.
I try to only by the lows. No cost averaging here. I'm living as a low life💯✌️
Same here. Waiting for it to drop again. No predictions but I feel a correction towards 1800 sometime this year
@@TheMostSlyFox😂😂😂😂😂
Good morning.
There are any number of factors that go hand in hand with owning a home which would make this comparison far more complicated. The premise is sound, though. I've owned properties in my life and it can be both frustrating and rewarding. I think some folks in the comments are taking this a bit too literally. Nowhere in this did you say you could live inside a pile of your gold, nor did you say that owning a home is a bad thing. I think it's good to have an honest look at what asset has a better return and take that into consideration when buying a home. Thanks!
Yeah. A lot of people are doing that. I think they just skipped to the answer instead of listening to the entire message. It’s ok though - the truly curious watched the whole thing and got the real message 😂 wishing you a great day QuickSilver! I always appreciate your comments.
One view is that the US Dollar will be the last currency to go, being the reserve currency. What do you think is more likely, hyper-(inflation or deflation)?
Right now - deflation. I am going to be honest. You know I am not a doomed or pumper. That’s how I see things.
The best investment I ever made was buying a home in the 90’s for $180k with a 20 year mortgage in Canada, making my mortgage payments every two weeks and paying the house off in 14 years, FF, selling it later for 4X what I paid, leaving the city and buying a new home for 300k!!
When do you expect see a significant change in the "real" price of gold and silver on the back of potential war and possibly the current issues with the current border protection in Texas?
I was expecting it to start Q1 this year - might have to push that out by 6 months now.
Buying real estate as an investment has many advantages as opposed to gold. Capital appreciation, tax advantages, and income in the form of rents. Bald guy is only focusing on primary residence as an “investment” vs gold. No consideration is given for the NEED for housing. Gold has proven to be a great store of value…. definitely not a great investment vehicle.
You’re not wrong. Remember, I said the majority of my net worth is in rental properties. I am all about real estate. But this was a fair and objective way to answer the question I was asking.
I know a fellow who has paid cash for all his rental properties, including his primary residence. He says how valuable it’s all been. However, I know of no one else like him. However, he has bought into the idea of Dave Ramsey that gold and silver hold no value. I’m going to have him view this video and see what he says !
Dont't forget silver,along with lithium it is becoming like oil.
Top man, great info! Back up the truck buy God's money gold and silver!!
And houses have more cost (tax, insurance et ...) despite the cash of rent
Home prices going up is why I have no home but my minivan and why I have been a silver investor. Home prices are genocidal and grossly inflated relative to incomes.
The COMEX only trades in 5,000 ounce bars to supply industry for use in huge and growing PV demand, EV, electronics, military, water purification, medical, soldering and so forth... and mined silver has been less than demand over a number of years so is there really ALL this stock of 'old' silver in vaults to meet future demand from past supply? Is supply becoming more dependent upon refiners melting coins and bars? but these are relatively small in the overall supply of physical silver, and so the question is.. Is silver becoming really, really scarce ?
The rubber will meet the road one day.
Utility of a home vs. Small intrest rate at best? Home ownership is not free, but rent psyments? Thanks again.
Owning a home is great - don’t be confused by this video. I am just comparing prices.
Hello B.G.,
Thanks, for the reply. I think price discovery for gold is being played out before our eyes do to the pegging of it to the $. I wouldn't say gold is manipulated as people will make trades that seem advantages to them. Gold vs. Homes is in a dead heat to where it was 50 years ago. Could silver be a better barometer since the peg was not as tight.
Take care,
Rental income on a house is about 4% / year. If I add that to the 3,5% I come to 7,5%. EQUAL TO GOLD.
I own many rental properties - I do even more than 4% on them.
Regarding your comment about selling gold and paying capital gains, in canada we can sell up to 10k without the CRA getting involved, if you need to sell more sell to two different dealers in one day!!
No paperwork needed to sell US coinage in Florida
Leaving out average property miscellaneous costs taxes, insurance, interest paid on the mortgage , maintenance costs. Assume you are not living in your gold stack or the house you bought as a comparative investment. This is similar to the way the government eliminates crucial data when estimating inflation.
You have to watch the entire video - my message is clear - it’s becoming tiresome replying to the people who didn’t watch it…
Not expecting miracle “oracle of Omaha “
Magnitudes of gains. bald guy , chill out it’s your barbecue and it tastes good.
RIET s are great as you can do 1031 swaps and avoid those nasty capital gains.
It is financially (tax benefits, ..) better to buy a home to rent out than buy a home to own. The total cost of home ownership is significant.
It is not a zero % risk that there is a The Great Taking type event; for those who have mortgages (and hundreds of thousands of equity in their home) there is the real risk of loss.
That’s not get maintenance cost of the property right?
I explain the full methodology in the video. It’s important to watch the whole thing.
Gold : Silver mined ratio is 7.5 : 1 but, the Gold : Silver price ratio is 91.35 : 1.
What's wrong with this picture? Re-adjust your TV sets folks, time for fuzzy-vision is over.
Price of gold was 800 USD/Ounce in 1980, after 19 years ie in 1999 gold price was 250 USD/Ounce.
Irrelevant to what I’ve presented in this video.
Wonderful show but I have one question. Why do you think Argentina President Javier Milei want to switch to US dollars instead of just making his country money into gold and silver?
Because it’s worked in other places like El Salvador.
@@baldguymoney5568 true it does work for other countries to have US dollars as there currency but these leaders do know they have to rely on another country if stuff hit the fan in their own country. Also the US would the power to make there currency worthless
@@Silverman96 85% of international trade is in USD, so if you're going Fiat it's your best option. I would attempt to save the currency with a metals/crypto backing, that is riskier though.
Aloha BGM. 👍
I may have missed it but did you add the value of having a place to live for 37 years?
No. That was not the purpose of the video. I made some statements on the methodology before and my position in real estate near the end. It’s important to watch the entire video.
$80k down to purchase a $400k property would return a significantly higher gain than $80k of gold over the same period.
So you just didn't watch the video?
For this exercise it would be 400K in gold not 80K.
@j11smith - a ton of people just skipped to the answer and stopped watching after and missed the message. I can see it in the average watch time. It’s sad really because I worked really hard to prepare the data and present a real message about what this tells us. So many people left the same comment and obviously missed the most important bits. A depressing illustration on the state of attention spans today.
If you don’t buy a house you have to pay rent!
You can improve the value of your house while you are living in it!
You can’t have a house stolen from you!
I agree - this video is not to discourage anyone from owning real estate. It is a presentation on real estate appreciation vs gold price appreciation.
If one ounce gold and real estate is un obtainable month to month. (Single income with wife and 3 boys) what can invest in besides silver? Looking at $400 a month into the plan to curb the inflation.
Great question. If you have lots of time I’d say the best options are dividend stocks and Bitcoin. For consideration of course - it’s worth doing your own research.
I have two large houses on waterfront property and I’m looking for a third. That being said they’re massive money pits and require a lot of attention. I have yet to see any profit from real estate because I buy and hold. Property is family wealth in my eyes so I’m ignorant as to investing or flipping. Gold however is an option when other options don’t look as good. Gold is for that “what if” scenario you hope never comes.
Cheers Bald Guy🥃
You'd probably do best with high end vintage sports cards in the physical realm. Might be worth looking into.
Hey Chris!! Thanks for watching.
I paid $175,000 for my place in rural southern Minnesota in 2012. Now in 2024, for $175,000 you can only buy a small old house in town. My son bought a house for $75,000 in 2019, he has the house paid off and he is only 27.
Damn, Homes are cheap in Minnesota. I could never deal with the cold though.
@@PoorMansInvesting its actually very nice today for this time of year...upper 30's as I type this.
@@bobsilver3983 that's my point, I moved out of PA for Florida. I don't like that we've had a cold winter getting as low as 45 and only about a weeks worth of 80 since October.
That’s wonderful for your son. God bless him!
Brocolli!
A house is an asset. If you can use it as collateral to buy investments.. just saying
Only when it puts money in your pocket. If it doesn’t - then it is it an asset.
what if your house is made of gold. Can you do the economics of that?
Haha. I appreciate the humor. Thanks.
Is it better for retired people to pay off their home mortgage, or to buy gold?
Great question. It all depends on the circumstances. I would personally prefer to have the house paid for. Stability above all other things in retirement.
I'd prefer to pay it off myself.
Bald guy what do you think of monetary metals? ( Keith wiener)
Not a fan. I’ve been in touch with them in the past. I asked them questions about their operations that I didn’t receive adequate answers to.
Would you like to elaborate? thanks@@baldguymoney5568
So the idea is you give them gold and they pay you interest in gold - great! But when I asked them about getting back exactly what I gave them - for example if I give 5 American Eagles, are they obligated to give me back 5 Eagles or just 5 ounces of gold (for example Pamp Suisse bars)? - they wouldn't give me a straight answer. In a market where premiums vary significantly between products I just didn't feel confident. As a result I opted not to cooperate with them on my channel.
@@baldguymoney5568 i basically came to the same conclusion. However the solution to that would be to send them the lowest possible premium. My real concern would be the risk of putting the gold on deposit. at the moment I'm having a problem measuring the risk? i would apricate your thoughts. TIA Kevin
Sorry Kevin - I don’t think I can help much on that one.
smart money leaves the city and buys a big house in the country. Cities have become you know what. If dollar is high, gold is low. Sell house before housing shits bed. then sell gold when its high during great depression and buy 5 houses.
wht did you choose to start at 1987?
It’s a period I have data prepared for in files I offer on Patreon.
@@baldguymoney5568 I was suprised at the results. Its also obvious that the uncalculsted maintenance and property taxes would worsen the results for real estate.
I was also surprised and agree. That said, rental properties have been a very profitable part of my portfolio. So I like real estate very much - not only from the appreciation angle, but also the passive income angle.
@@baldguymoney5568 yes rentals are the exception although I have had my nightmare scenarios with the rentals and I think those recent c19 rentals non-paying squatters which i wasnt a part of.. My 15 years of rental ownership was blown up with bad loans in 2009.
BGM, I think you are forgetting that when the USD goes bye bye, it is the World Reserve Currency going bye bye. I somehow think the after effect will be far greater than what we've seen in past crashes. Remember, "When All Else Fails, They Take You To War!" ~ Gerald Celente.......What's going on right now? Stay Safe. Cheers
Even BRICS nations are taking out loans in USD. The FED has to feed the demand for USD. 85% of global trade is in USD. Nothing can replace it now. The dollar dying heavily depends on the world sending the dollars back home.
You’re right Sarge - I can’t argue with that. But the Roman and British Empires disappeared too - we carry on! Thanks for watching!
Life will go on. It might not look exactly the same though...LOL Cheers
@@baldguymoney5568
Rome just transformed itself into the Vatican, just saying 😂
The liability is less with gold.
If I can sell it, it’s an asset. Simple as that
I don’t think it’s that simple. If it costs you money, I’d say it’s not an asset. I do t count my primary residence towards my net worth.
Now do the cash on cash comparison
I invite you to do it. :)
You forgot to mention platinum!
Let me correct that: I don’t buy platinum and I don’t think it’s wise to buy it.
Ah, let me throw in a monkey wrench, LEVERAGE, most home purchases use this.
Sure. But that’s not what this video is about. I appreciate the comment though.
You cant leverage the purchase of gold nor can you rent gold out while claiming expenses. Both have pros and cons but your charts dont show the whole picture and thus need to further investigated.
This is an exercise in appreciation only. Would be a long video to investigate every scenario, but I get what you mean.
wow
Thanks for watching.
This comparison is extremely flawed. Not many people purchase a house using 100% cash, and hence there is leverage. Most people buy (physical) gold using 100% cash (no leverage).
You should be using the typical down payment of 20% and measuring the value of house increase as a percentage of the down payment instead. There, you will see that gold lags way behind properties as an investment.
Don't get me wrong - I have both, and they serve a different purpose for me. But this comparison is simply misleading.
Thanks for watching.
Here in Canada RE is going to win hands down thanks to Trudeau's policies.
Between taxes, insurance, and maintenance, home ownership is expensive. When I see some of these celebrities with gold fixtures to toilet seats makes me wonder what are they thinking.
Most of them have so much money that the cost of even a luxury home is insignificant to them.
As to home maintenance, I agree that it can be expensive. But if you are handy, have the tools and some know-how, a lot of it can be done by the home-owner.
Been doing that for 50 years or so and most of it was not all that difficult. Having the videos on YT these days is a real blessing because of all the pros making
videos on how to do just about everything. The hardest part is often how to start the project and also what to watch out for during the project.
Neither. Both perceived increases are a result of the dollar loosing value through inflation. AKA theft of value through fiat currency expansion.
But one has increased in value more. Meaning you can exchange it for more goods and services today. That is value!
@@baldguymoney5568 Agreed. In relation to one another, gold is (and always has been) the king.
Great data set with a false pretext. The house pays a dividend each and every day. Rental property shows this clearly. Gold is a suck investment every time.
It’s purely an appreciation comparison exercise. This is not to say - buy gold and don’t buy a home. I think I said exactly that in the video.
2000 oz hasn't moved in 30 years.
😂
Gold is king 👑👑👑
Hey, I might be lost. I’m looking for hairy dude cash. Anyone like that here?
Hahaha - wrong place.
@@baldguymoney5568 well I don’t think one should ever trust a full head of hair anyways. Besides, people like us are more aerodynamic.
Regarding the SHTF, bald guy forgets during the previous SHTF's (i.e. great depression 1930s) people had FAR better morals, were religious, and were FAR more self-sufficient and hardworking than today...now they'd sIit your throat for a peanut if they haven't eaten in 3 hours, or just for fun...🥱
*"9 meals from anarchy", food doesn't need to disappear, just unaffordable!
Food hasn’t disappeared in Turkey - and I don’t think it will from an economic collapse anywhere else. Just my opinion.
@@baldguymoney5568 like I mentioned, don’t need to disappear! Did you hear about the $18 Big Mac meal? Imagine if that (or worse) happened to food prices in general…
I've heard. I listen to Joe Rogan too.
Thanks Bald Guy !