Veteran Fund Manager: Every Investment Portfolio Needs Gold
When dealing with Wall Street investors you often have to understand that what they push their clients into investing isn’t always what they themselves would recommend. Due to the commission structure that accompanies stock and bond sales, many financial firms push their salesmen to recommend stocks and bonds to clients in order to capitalize on sale and redemption fees....
How to Invest Your IRA in Silver
Silver has long played second fiddle to gold. Winners win a gold medal; runners-up get silver. Gold jewelry doesn’t tarnish; silver does. And gold is worth over $1,400 per ounce while silver just pushed above $15 an ounce again. But despite gold’s clear lead over silver, silver is becoming increasingly popular with investors. And one of the more popular...
Self-Directed IRAs: You Can Buy a House, But Should You?
The biggest question that most people have when saving for retirement is what assets they should invest in to maximize their investment growth. For most people that ends up being stocks. Many will try to diversify their assets by holding a mix of stocks, bonds, mutual funds, CDs, and other financial investments. But in almost all cases investors will...
Citigroup: Gold Could Reach $1,600 This Year
With gold’s recent gain in value, predictions made at the beginning of the year about its overall gains have been left in the dust. Many mainstream analysts thought $1,350 per ounce was a reasonable price target for the end of the year, obviously laboring under the erroneous assumption that stock markets would resume their bull run. Even many gold...
How Gold and Silver IRAs Work
Gold and silver have been popular investments for centuries, safeguarding investor wealth through thick and thin. And one of the most popular ways to invest in gold and silver today is through gold and silver IRAs. If you’re not familiar with gold and silver IRAs, it’s probably because your financial adviser or retail brokerage doesn’t offer them. But a...