Gold is an attractive investment for the risk-averse, and for the smart investor who knows that they need to balance riskier, high-growth investments with a strategy designed to preserve wealth over time, especially if they’re saving for retirement. Before you start buying gold, there are five things you should know about the market and where… Read more
Viewing posts tagged with: gold
Gold? Commodities? Stocks? What’s Hot for 2016
With the recent interest rate rise by the U.S. Federal Reserve, it stands to reason that there can only be one victor between the U.S. dollar and the price of gold. The two are both heavily related to each other since gold is denominated in dollars. After all, any increase in the purchase of the… Read more
A golden mistake
On my quest of finding alternative investments to generate passive income, I was first drawn to foreign exchange, also known as Forex. Why? Because I traveled a lot, was a bit aware of world events, and thought I knew where the currencies were going. There are lots of sites out there that help you get… Read more
Should You Start A Gold IRA?
Your retirement investments are most likely going to be the most important investments you ever make. The reality is that we work all of our lives in an attempt to set ourselves up nicely for our golden years. With so much going on economically and geopolitically around the world, a traditional IRA may be a… Read more
Why gold attracts people
Since ancient times, gold has occupied a prominent place in the human psyche. The great empires of old had their castles and precious artifacts decked in gold. Alchemists of ages long past have strived to create “Philosopher’s Stones” that would transmute gold from lead. Throughout history, gold was (and still is) the ultimate… Read more
Trading currencies as an additional source of income
When I first started considering passive income generation, the first two things that popped in my mind were real estate and Forex trading. I discovered currency foreign exchange, or Forex when I was traveling, as a few day traders were enjoying the nomadic lifestyle it allowed. As a traveler, I knew a bit more about… Read more