In the 1980s, people spent only a few tens of dollars a month, so it was not easy to accumulate 1000 yuan. At that time, the number of families with 654.38 million yuan was very small. But at that time, money was valuable. If you bought gold at 1980 for ten thousand yuan, how much is it worth now? Is it better than financial management? Let's see!

First of all, at 1980, the price of gold fluctuated greatly due to the influence of the international environment at that time. The highest is $850/oz, and the lowest is $48 1.5/oz; The average annual price is 6 12. 1 1 USD/oz. At that time, 1 oz = 3 1. 1 g, so 1 g of gold was about 19.68 USD. In addition, at that time, 1.53 yuan could be exchanged for 1 US dollars, so the 1 10,000 yuan in hand could get 6,535 US dollars, that is, 1 10,000 yuan could buy 332 grams of gold.

Next, let's take a look at the current price of China's gold market. The data shows that as of May 8, the current average price of gold is 1, 286.3 USD/oz. Converted, 1 gram of gold is worth about 4 1.36 USD. Then, we convert the value of 332 grams of gold decades ago: 41.36 * 332 =13,731.5 USD. Finally, according to the current exchange rate 1:6.77, this can be converted into 92,962 yuan.

In other words, the gold of 10000 yuan bought at 1980 can now be sold for 92962 yuan, a nine-fold increase. However, in this process, there are still very important inflation factors to consider. Assuming that the annualized rate of return is X, then10000 * (1+x) 39 = 92962, we can get x = 5.88 through calculation, which is the average annualized rate of return in the past 39 years. It is worth mentioning that this figure is very general, neither high nor low.

Besides, if you deposit 10000 yuan in the bank instead of buying gold, how much will you get? This still needs some calculation and comparison. From the average deposit interest rate table of the past 39 years, it can be seen that the average deposit interest rate for many years should be 6%, so the sum of principal and interest in the past four years is 97,035 yuan. Generally speaking, this is not much different from the income from buying gold.

Judging from the overall rate of return of the two methods, the impact of currency depreciation caused by inflation is very huge. On the surface, the investment at that time was 6,543,800 yuan, and now it is discounted to more than 90,000 yuan. However, from the perspective of currency depreciation, this is a loss. After all, purchasing power varies greatly. What do you think when you see this? Welcome everyone to leave a message to share!