When you hear advertisements claiming to "fix" your credit, you should consider changing the station. There is no quick "credit fix." The best that you or anyone else can do is identify and corre... |
Other than winning the lottery, it is impossible to obtain financial freedom without a financial budget. Developing and living by a budget allows you to track your income as well as your expenses.... |
The housing market is experiencing serious problems. With resets of Adjustable Rate Mortgages (ARM), hundreds of thousands of Americans are losing their homes. What can you do? Too often, homeo... |
Our Banking courses are designed to educate consumers on all aspects of banking. It includes basic topics on choosing a bank, learning the differences between banks and credit unions, properly ... |
The Budgeting courses not only show you step by step how to establish and maintain a budget, they also educate you on how to make the purchases you need without busting your budget wide open. I... |
Wealth creation is not limited to making more and more money. It also focuses on some of the schemes and scams currently flooding the internet, mailboxes and phone lines worldwide. Accordingly... |
As many Americans seek ways to save, people who lived through the Depression tell stories of life without luxuries.
Federal regulators said Tuesday that LifeLock has agreed to pay $12 million to settle charges the company made deceptive claims about its ability to protect customers from identity theft.
Precious Metals
Gold
Gold is an alluring investment because it provides an ability to preserve the value of the investment over time and is typically a good means of diversifying an investment portfolio. It also provides a hedge against macro economic trends since the world is becoming increasingly integrated in terms of economics, resources and culture. Events in one part of the world can have an immediate and lasting impact on other parts. Highly integrated economies offer many advantages but at the same time are increasingly prone to single events. Finally, gold is a good hedge against geo-political risk and uncertainty. The enormous trade imbalances, China’s ascension as an economic power-broker and many other factors may lead to geopolitical tensions. As a result, investors may wish to hedge against these global fluctuations.
Silver
An element commonly used in jewelry, coins, electronics, and photography. Silver has the highest electrical conductivity of any metal. It is an effective way to diversify investment assets and preserve wealth against inflation. Silver is used as a raw material in a number of different products. This valuable commodity gains its value because of its limited availability.
Platinum
Platinum is an element that is often used in jewelry or as a catalyst in electronics.