Protect Your Future Today
With very rare exceptions, no one gets rich through their own labor. Salaries in many industries are just barely enough to put food on the table, a roof over our heads, and save a little extra at the end of the month if we’re frugal. The key to gaining...
The US economy is in a shambles, with over 40 million Americans having lost their jobs since the coronavirus-related economic shutdowns began. While the official unemployment rate is at around 15%, the real rate is probably closer to 25%. Second quarter GDP is expected to fall by as much...
Just because stock markets have yet to price in the weakening US economy doesn’t mean that all investors are in the dark about what’s going on. And that’s why the gold price continues to rise, as the investors who understand what’s going on are leaving stocks and jumping into...
Last week saw the publication of some of the worst job market figures in history. Over 20.5 million people fell off payrolls, while the unemployment rate shot up from 4.4% in March to 14.7%, the highest figure since the Great Depression. And the response of stock markets was… to...
One of the most common pieces of knowledge when it comes to retirement investing is that your investment portfolio should become less risky as you near retirement. There’s no hard and fast rule about that, or ratio determining how much of your portfolio should be held in stocks or...
Whether you agree with Warren Buffett’s investing philosophies or not, there’s no denying that his opinions are listened to closely within the investing community. His recent decision to divest himself of airline stocks resulted in many other investors doing the same thing, with airline stocks getting hammered. And there’s...
When it comes to stock market crashes and financial crises, you can often feel like you’re playing a game of musical chairs. Those who see the crash coming and protect their assets ahead of time are the ones who are often best protected. That includes investors who decide to...
With markets still far below their all-time highs, investors are fleeing to the safety of gold and silver like they haven’t in close to a decade. And that has pushed gold prices to levels that haven’t been seen in years. At this rate, within a month gold could be...
Recent stock market rallies may tempt many investors to jump back into markets. But with more declines on the horizon, that could hurt them financially.
Hope springs eternal in the minds of many investors, who are optimistic that stock markets will regain their former high levels. But with the Dow Jones now closer to 20,000 points than 30,000 points, that isn’t likely. Still, there are major reasons not to invest in stocks and corporate...