Analyzing the same period of the previous chart, the profitability leader is the CDI, with appreciation around 2868%, or 29.68 times the amount invested since the beginning.
This means that if the investor had invested R$100,000 in assets pegged to the CDI, he would now have R$2,968,000.
The same goes for all assets between July/94 and February/13:
CDI
R$ 2.968.000
Ibovespa
BRL 1,673,000
Gold
BRL 874,000
Dollar
BRL 200,000
The data are important, however, we know that the exchange rate policy prior to 1999 made it impossible for the Dollar and Gold to advance, as well as interest rates at the time were close to 50%, favoring investments linked to the CDI as opposed to the others.
What If The Start Of The Analysis Was In 1999?
Gold would be first in profitability!
Check the value for an initial equity of R$ 100,000 in the period between January/99 and February/13:
Gold:
BRL 950,000
Ibovespa
BRL 899,000
CDI
R$ 737.000
Dollar
BRL 165,000
Annual Comparison Of Gold Return With Other Assets
This is a vertically aligned graph for you to observe the variation of each index over the years.
Despite this alignment of years, note that the vertical axis (Y-axis) is different for each chart.
However, it is already possible to have a good idea of what was the best investment in each year. Curiosities:
CDI practically unbeatable from 1994 to 1999.
With returns above 20%, investing in the country’s interest rate, despite a greater risk, especially after the confiscation of savings in the Collor era, was synonymous with high returns.Currently, returns above 20% are history and a 1-digit return is expected in the future for the CDI.
Dollar: An asset hungry for crises.
Unlike Gold, which showed good profitability in periods of economic growth, the Dollar needs financial crises to show good results.
Notice that in the crisis period (2000-2002) it went up.In the next 5 years of strong growth (2003-2007) all fell.In 2008 it rose again, followed by a sharp drop in 2009.From 2010 until today, as the Stock Exchange is “walking sideways”, the Dollar has not shown strong variations, but a slight increase.
Year-on-Year Return since 2008
To finish the series of statistical graphs on Gold and its comparison with other assets, I bring the graph below comparing the year-on-year return since 2008.
