Whether it’s coins, bars or ETFs, investing in gold is a hot topic these days as it’s almost up to $1,000 an ounce. What’s interesting about this commodity is that unlike others, gold is not consumed or used. Therefore, pretty much every ounce of gold ever minded is still potentially available. Therefore, the price of [...]
Sometimes, an advice will make perfect sense but end up misguiding (and hurting) you. When it comes to diversification, this happens often.
We hear about the advice all the time. Some even call it the only free lunch in investing and I couldn’t agree more. Diversifying your investments is one of the best [...]
Treasury securities are basically debt issued by the government. There are basically 3 main types of treasury securities that you can buy: the Treasury Bill, Treasury Note and Treasury Bond, which are considered the safest investment for pretty much any investor in the world.
Treasury Bill
A treasury bill, or T-Bill for short, is debt that will [...]
I was reading this month’s Money magazine that featured Julia Andres, a 58 year old sales executive. In 2000, she had about $775,000 in her retirement savings pretty much all invested in Citigroup because she worked there for around 20 years.
She basically lost 50% of everything she had by 2002 because of the tech bubble [...]
That’s right. The old and boring online savings account should be part of anyone’s investment strategy because it’s highly liquid and there’s not much investment vehicles safer than a FDIC insured savings account.
When we think of investing, CDs or saving accounts usually don’t come to mind because of:
The perception of low returns
Saving accounts are often [...]