Throughout history, few investments have rivaled gold in popularity as a hedge against almost any kind of trouble▶
There are many opportunities to invest in gold, including bullion (i.e., gold bars), mutual funds, futures, mining companies, and jewelry.▶
Given its low correlation with other asset classes, such as stocks and bonds, gold can provide an important role in portfolios: diversification▶
Investing
In the dynamic, fast-paced world of stock trading, having access to the right tools and resources can play a decisive role in determining the outcome of your investment journey. The difference between success and setbacks often hinges on the tools you have at your disposal. Given the sheer volume and variety of options available, it’s […]
Investing
Many people still worry about investing. Even though the industry has been trying really hard to make the tools accessible for the masses, it can still seem too complicated to get started. However, taking the step to get the ball rolling is worth it, because investing is one of the best ways to build wealth […]
Investing
There’s one very specific thing I remember about my dad’s views on investing. He told me multiple times that he simply wouldn’t touch certain investments, out of principle alone. For starters, he refused to ever short a stock. That’s because shorting a stock is basically betting on someone else to fail, meaning you profit off […]
Investing
Many people know that investing is an important part of successful finances for the long term. After all, with savings yields as low as they are, it’s very difficult to get to the point where you can save enough to then live off just the interests your nest egg throws off. That’s why investing in […]
Investing
I got a call from a Fidelity rep recently. He explained that my old financial advisor left the firm and he wanted to introduce himself, just in case I needed assistance. It’s too bad we never know when our contact leaves before the split happens, but at least they called me to let me know […]
Investing
Hopefully your retirement is a lifelong goal you (and potentially your spouse) are working towards. Or maybe it’s a scary transition you have no idea if you are ready for. Regardless, it can be difficult to figure out the perfect time to actually quit work for good. If you are nearing the end of your […]
Investing
Annuities are getting a lot of attention these days. As more people become responsible for their own retirement savings, banks and insurance companies are marketing annuities an attractive option. They are a private sector pension that provides a guaranteed retirement income if you don’t have a traditional pension plan. An annuity is basically a fixed […]
Investing
In many ways, choosing between paying off the mortgage faster or investing more mirrors the decision gamblers make every time they place a bet at the slot machine. If you really think about it, each pull of the handle is just like when someone decides to “invest.” Sure, it’s possible to win given the right […]