How To Get Rich In The Stock Market Over The Next Decade

Easy: buy and hold a basket of Gold mining stocks or buy a Gold stock mutual fund or ETF (like GDX). There's only one catch, and it's a minor one: you should wait until the price comes down from current lofty levels.

Gold stocks are a good countercyclical asset to own, meaning they tend to do well when general stocks are doing lousy. Well, most of us already know that general stocks are doing lousy (other than the past two months). This can be seen in the table below, using Homestake Mining (now part of Barrick Gold Corporation, ticker ABX) as a proxy for the Gold mining sector: (more)