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Gold hits $4,000 but stocks still win over time, top advisor says: 'Gold glitters but earnings compound'
Investors can’t help but notice the sparkle of gold’s record run. But they may want to think twice before adding more of it to their portfolios — over the long haul, it underperforms compared to stocks and other assets. “Gold glitters but earnings compound,” said Pat Beaird, a certified public accountant and co-founder of Beaird Harris Wealth Management in Dallas. “Over 30 years, compounding wins every time,” he said. Beaird Harris Wealth Management is ranked No. 3 on CNBC’s Financial Advisor 100 list for 2025. Gold is on a hot streak. Spot gold is now over $4,000 per ounce for the first time. It’s ... (full story)
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Oct 9, 2025 7:11am
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