Value Of Money In 1990 Vs 2020

Investment 101

Published: July 9, 2021

money in 1990 vs 2020

Back in 1990, LA Times said $400 [hold up $400] could afford you a month’s rent for a studio apartment, in the national standard.

It could also buy you this, an ounce of gold [1 oz of gold].

Fast forward to 2021, this 1 ounce of gold [show 1oz of gold] is worth $1900 (show $1900).

$1900 could pay your rent for a 1 to 2 bedroom apartment in one of the most expensive cities in the US, Los Angeles.

That is the concept of a hedge.

A hedge stores the value of your money. It protects you from inflation.

That’s why you should consider buying gold.

And start with our gold and silver investment guide. In this guide, you will learn the history of gold, how it evolved, its rarity, and reasons why people are investing in it.

Investment 101
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