Incentivized by low-interest rates around the world and a lack of trusted assets that can produce sustainable returns over time, there has been a variety of traders and investors turning their attention back to gold. As one of the popular precious metals, it has been on an ascending path since 2018, only to reach a new all-time high by August 2020. Gold remains a reliable … [Read more...] about Trading Gold Online – How does it work?
Investments
How to Turn $1,000 Into $10,000
When I was 20, I had worked at a community college as an English tutor for two years. When I quit the job to transfer to a university several hours away, I was given the choice of cashing out my retirement or rolling it over. I didn’t know much about finances, and I was broke, so I took the cash out. Even though my retirement account was only about $400, I sometimes wonder how … [Read more...] about How to Turn $1,000 Into $10,000
Why Episcopalians and Jewish People are Richer
Religion is one of those topics that's unexplored when it comes to personal finance. If you surf the web, you won't find much discussion of it. If you read the Wall Street Journal or Investors Business Daily, you hardly see a mention of religion at all. This is a shame. If you look at it, religion has played a defining role in much of human history. For example, religion was … [Read more...] about Why Episcopalians and Jewish People are Richer
How to Invest in Palladium
Those who want to invest in precious metals most commonly look to gold and silver. However, palladium is another, lesser-known option. Used in the car industry, specifically for catalytic convertors, palladium is a necessity for car production. Mined mainly in South Africa and Russia, and to a lesser extent in the United States and Canada, palladium can be a nice attribute to … [Read more...] about How to Invest in Palladium
Resources to Learn How to Invest in Real Estate
Aaron and his wife, Makiko, are DINKS living in Oregon. Originally, both had full-time jobs. Then, Aaron’s mom suffered from failing health and decided to move in with them. Aaron decided not to sell his mother’s house. Instead, he kept it and rented it out so his mother would have a steady source of income from the rental in addition to her social security and small IRA … [Read more...] about Resources to Learn How to Invest in Real Estate
Yes, You Can Accumulate Free Shares Of Stock
This posting is for everyone who doesn't have money but wants to accumulate free shares of stock. Owning companies by holding stocks has traditionally been the best investing vehicle over the long term. It usually provides better returns than bonds or cash once you factor in historical ups and downs. So, I'm constantly looking to accumulate free shares of stock, and you … [Read more...] about Yes, You Can Accumulate Free Shares Of Stock
Benefits and Drawbacks of DINKS’ Housing Options
Unlike families with kids, DINKS has many different options when it comes to housing choices. While a single-family home is likely to continue to appreciate, though, of course, that’s not guaranteed, you don’t have to go the traditional route. DINKS has many housing options available depending on lifestyle and personal choice. … [Read more...] about Benefits and Drawbacks of DINKS’ Housing Options
James’ Top Finance Books
I'm crashing on some work today so here, so this posting is for everyone thirsty for good things to put into their mind. So, without further ado, here are my favorite books on personal finance. 1) The Intelligent Investor - Benjamin Graham. The author of The Intelligent Investor was Benjamin Graham. Benjamin Graham is famous for being the mentor to billionaire … [Read more...] about James’ Top Finance Books
Take Action
Success seems to be connected with action. Successful people keep moving. They make mistakes but don’t quit. – Conrad Hilton Here is a your thought for the day. Take action. High net worth and otherwise successful people have a bias to towards action. You hear this a lot from success gurus like Dan Pena, as well as from rigorous observers of the rich like Tom … [Read more...] about Take Action
Things To Know Before Investing in Oil Wells
Are you considering investing in oil wells? The oil industry has long been fickle. Some years you may double your income from a stock, and other years, you may face significant losses. In some ways, investing in oil stocks can feel like gambling. Having said that, people continue to invest in oil wells because the rewards can be so enticing. However, before you invest your … [Read more...] about Things To Know Before Investing in Oil Wells
