Here you see your investment side by side with alternative assets, indices and currencies over the same time period.
Your investment grew 6.6% a year – but after currency debasement, only 58% of that gain was real.
Investment Summary
Charts show how your investment's annual return (CAGR) stacks up against what you could have earned by investing the same amount in gold, euros, or dollars. For example, a 3 million NOK property purchase in 2018 is compared to a 3 million NOK investment in gold or USD over the same period.
The first bar chart compares the nominal annual return across every asset. The second zooms in on your own investment and breaks its return down by measure: Nominal, Real (adjusted for inflation), In M2 (adjusted for money-supply growth), and In Gold – what your return would be if priced in gold instead of currency, since gold measures value independently of any single currency's debasement.
The line chart tracks the nominal value growth of each investment over time.
¹ Property index (Boligindeks) - Measures the value growth of private property, either across Norway (NO) or restricted to (Oslo) (SSB).
² The average savings account as offered by Norwegian banks (NOK)
Exchange rates are sourced from Norges Bank and gold and silver prices from The World Bank: Commodity Prices. This is not financial advice. Read full Disclaimer.
Has your investment outperformed gold, euros, or dollars in returns? The comparison shows your asset’s economic growth in clear terms. But regardless of the result, remember: Value has many meanings that can't be measured with numbers alone!
Gold is used as the benchmark here because nobody can print more of it. Its supply grows slowly and predictably, which makes it a useful yardstick for how much of any "return" is real wealth – and how much is just the currency losing value underneath you.
Curious why we built the comparison this way? Read the full story.