Why is Gold Valuable? Whenever I’m asked the question ‘how much of my wealth should I allocate to gold’, I usually advise that a person should only buy so much gold as their level of understanding allows. In other words the decision is a very personal one. But what is gold? Where did gold come from? How do we go
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What is the Gold Standard? Here is a short video produced by ‘One Minute Economics’ explaining the beginnings of gold minted for trade, the ‘Gold Standard’ and it’s eventual replacement with fiat currencies in 1971. Almost 2600 years ago, the first gold coins were minted and used for trade. Later on, people started storing there gold in well guarded vaults, and
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Question: I am in my mid-40s and have around $700,000 in retirement savings. Is that sum in the upper range for somebody my age and does it put me on track toward a safe retirement? I don’t think there’s any uncertainty that your $700,000 puts you ahead of some people your age. The newest figures from the EBRI (Employee Benefit Research Institute)
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Could not agree more with the Small Investor’s post on the lack of personal finance education in schools. A must read!
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You suspected, but didn’t know for sure. So here’s the big news. Banks are in business to make the BANK money, so you will play by the same rules as the average Joe, no matter how long you’ve been with a bank. Hurts doesn’t it? I’ll let you in on seven bank secrets they don’t want you to know. 7
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The start of a new year is the perfect time to change habits. Look back at 2016. Did you save any money? If you did, great. If you think you could do better and don’t know where to start, try these 7 ways to save money in 2017.
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Money is, by extension, something that everyone completely understands and accepts as part of modern society. As far as the majority of us are concerned, currency is the true way to trade in the modern society we have built.
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Excellent explanation of ‘bonds’ using simple language. Great FAQ style post from the Small Investor
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By: Jonnelle Marte Americans have a long way to go when it comes to understanding and managing money. A recent report from the financial literacy center at Champlain College compiled state and national data to assess the big picture when it comes to Americans’ financial behaviors. The results were pretty dismal. Americans across the country are struggling to stick with basic and
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Another great one from the Small Investor!
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