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FINANCE

Advantages And Disadvantages Of Having Your Money In Gold
FINANCE

Advantages And Disadvantages Of Having Your Money In Gold

The directions of gold future are climbing and there was a time where it shoot up to $1,910 per ounce. It happened in August at the New York Stock Exchange (COMEX). Though you may be enticed to invest in gold, it is important to realize that gold investments is not completely infallible. Is It An Investment? Or is Gold A Hedge? We might think that gold is an investment. But according to Chris Hyzy, it is not. Chris is the chief investment officer at U.S. Trust. According to him, gold is a hedge that tries to "protect your money against the danger of possible loss in other assets like bonds and real estate". In a traditional investment plan, investors use gold as a hedge to battle inflation. Because of inflation, your money today will decline in value over a period of time and yo...
Americans Are Clearly Worried About Their Financial Futures
FINANCE, TRENDING

Americans Are Clearly Worried About Their Financial Futures

These are trying times for Americans and their financial peace of mind. What does 2020 and beyond have in store for us? That remains unknown, but it is clear that several aspects top American’s fears when they think about their families’ financial future. For the past 16 years, a Gallup Poll was conducted regarding how Americans felt regarding seven specific financial issues. And in 2016, the “worry” numbers on all seven specific financial issues rose. Here are the seven: Not being able to pay medical costs of a serious illness/accidentNot being able to maintain the standard of living you enjoyNot having enough to pay your normal monthly billsNot having enough money for retirementNot being able to pay medical costs for normal healthcareNot being able to pay your rent, mortgag...
Marriage And Money – How To Divide?
FINANCE

Marriage And Money – How To Divide?

Before you start reading, realize that this is one man’s opinion on how you should divvy up your money in a marriage. But it does come from someone who has not only been happily married for 20 years, but also has a smooth-sailing financial life. In other words, my wife and I are very happy with our financial picture, have close to zero debt, and don’t have any real money issues. If you are going to listen to someone financially, we’re a couple who has our ducks in a row. (**note – stating the preceding is important. I have had debates with people who have strong opinions on this topic, only to find out that they have a terrible financial picture, lousy credit, and couldn’t even buy a set of new tires right now without a credit card. In other words, they may have a certain way of...