IRA
The #1 Account All Wealthy People Have (That You Probably Don’t)
Can you imagine your little old traditional or Roth IRA is worth millions of dollars? It happens for some people. According to the US Government Accountability Office (GAO), 791 individuals have IRA balances between $10 million and $25 million, while 314 are worth over $25 million. That was in 2011. There are probably many more today.…
Read MoreHead of the world’s largest hedge fund says a ‘paradigm shift’ in markets now makes gold a good bet
Gold finishes at fresh six-year high Wednesday as Bridgewater’s Ray Dalio declared the commodity a good ‘portfolio diversifier’ Ray Dalio is jumping on the gold bandwagon. That’s ultimately the take-away of a nearly 7,000-word screed by the founder of Bridgewater Associates posted Wednesday on LinkedIn. The hedge-fund luminary muses on monetary policy and the markets over…
Read MoreGold Jumps to 14-Month High
Gold prices climbed Friday as mounting concerns about the health of China’s economy hit riskier commodities and tensions in the Middle East pushed investors into haven assets. Gold futures for August delivery, the most-actively traded U.S. contract, jumped 1.2% to $1,359.50 a troy ounce, the highest level since April 2018. The rise accelerated after the National Bureau…
Read MoreThe Best Performing Long Term Assets of The Last 20 Years. Hint, Hint, It’s Not The Dow Jones.
Are you one of those people who are at least trying to save for retirement? Maybe you’re in your 40’s with 25+ years to go before retirement and you’re just starting out. Maybe you’re in your 50’s and you’ve been through a couple of market crashes and maybe you’re still trying to recoup some of…
Read MoreHow much gold and silver should you own?
New York (CNN Business)For someone like me that can’t afford to buy an ounce of gold, would it be just as good owning several ounces of silver vs. a half ounce of gold? Great question. Gold, trading for more than $1,300 an ounce, is a much pricier investment than silver, which currently costs about $15…
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