When the stock market crashed in 2008 some interesting things started happening in the investment world. So many people lost an enormous percentage of their net worth. Many people had to push back retirement plans or rethink retiring at all. There were countless Americans who had a large portion of their savings invested in the [...]
When there is uncertainty in the markets, people listen to what Warren Buffett has to say. And why shouldn’t they? This is an investor that has consistently beaten the market for decades and has a billion dollar bank account to prove it. Needless to say, after a couple of years in credit crisis mode, people [...]
The more I stare at the scary national debt problems the more passionate I become about eliminating my own personal debt. I also want to have my friends and family eliminate debt on every front they can also. I think this is how our country (US) will survive. Let me throw around a few numbers:
The [...]
The concept of spot trading usually refers today to that of foreign currencies. However, for many investors the term is also substantially associated with the trading of precious metals.
One has to keep in mind that in the past, all currencies around the world were based on the amount of gold that the particular country had [...]