To assist you in your quest to obtain the best investment advice possible, we want to make sure you know what truly bad investment advice looks like so you don’t follow it.
For many consumers, investing is a daunting prospect. It seems like it should be complex. However, the reality is that investing doesn’t have to be complicated. It’s actually fairly simple. Break it down, and you can get started investing quickly — and without things getting too crazy. Here are four simple steps that can help you start investing!
The recent volatility in the stock market is probably confusing and a little scary to us casual investors; let’s take a look at this recent downturn in the Dow, what’s causing it and what you could/should do about it.
Gold prices fell more than 25% from January 2013 to January 2014, according to Goldprices.org. Silver was down nearly 36% in that same time period. Meanwhile the Federal Reserve’s balance sheet ballooned from $3 trillion to $4 trillion in 2013, and has grown nearly fivefold since the beginning of the recession in 2008.
You’ve become pretty darned good at managing your Magellan and vetting your Vanguard. But how’re your Stratocaster and Les Paul doing? These days, a lot of people are investing in vintage guitars – and singing the praises of their profits.
USA Today points out that computerized trading is a big part of Wall Street these days. However, it’s not just these major players that are seeing this type of computerized trading. Individual investors can also take advantage of this type of investing with the help of autopilot programs that make the investing decisions for you.
If you’re like me, you often sit around and contemplate, “What exactly should I do with my money?” If you’re really like me, your answer is usually to hit up the Taco Bell drive through. But for those times when you have more than a burrito’s worth of money to figure out, you probably want to invest it. There are many options available, but real estate may be a good option for you. “Why?” you ask. Well, as Mark Twain famously put it, “Buy land, they aren’t making any more.”
Presumably you’ve worked hard for your money, so why not try and make it work hard for you? So what is this thing called investing, and how would someone go about doing it? More importantly, is investing something you should get involved in?
The old rule for spending on an engagement ring was at least two or three months’ salary, which can overtake the amount spent on rent. Because most couples plan to buy a house after marriage, is there enough room in the bank for both? Rings and houses are considered investments, but knowing your options can help you draw your bottom line.
If you have some money in a savings account (or your mattress) and you think it could be doing more elsewhere. You have options. Read on to see if these high-risk options for saving are right for you.