The Retirement Savings Gap Is Widening: What Can You Do to Stop It?
The retirement savings gap is the difference between what people have saved for retirement and how much they actually need to save in order to retire comfortably. Many people are aware that Americans are highly indebted and have a low savings rate, but just how much that contributes to the retirement savings gap and how large that gap is...
Just How Overvalued Are Stocks Today?
Stocks have been on a roller coaster ride for the past year and a half, nearing but never quite pushing through key barriers. While the S&P 500 finally broke the 3,000-point mark, the Dow Jones hasn’t managed to break through the 27,000-point mark, falling short every time. For professional investors on Wall Street, the fact that the Dow was near...
China Buys Gold for 7th Straight Month
For the seventh consecutive month, the Chinese government announced that it has added to its gold holdings. The latest published figures are those from May, in which the Chinese government officially added 10 tons of the yellow metal to its reserves. While most analysts speculate that China’s official gold reserves and gold purchases are very likely higher than what...
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...