4 Reasons Your Family’s Investment Plan Isn’t Adding Value

Investing for the “long-term” can help you weather financial storms both before and after retirement. Regardless of the amount of money in question, a savings/investment plan can assist in achieving various financial goals. From buying a house to savings for college to retirement.

However, creating an investment plan is one thing and making it work is something else. It is common for investment plans to go bust due to some frequent mistakes that most investors make. Knowing how to avoid the pitfalls will add value to that plan you have in place.

Your Own Personal Money Machine

There are many ways to generate extra income, and the key to a secure retirement is to generate a source of passive income, whether that be stocks, real estate or a business. The key is to develop a system that will work for you so that rather than trading hours for dollars you can afford to spend your time on other pursuits while your personal money machine works for you.

Will the U.S. Government “Pull a Cyprus”?

History is full of examples of governments who when they can’t pay off their debts, begin to confiscate private-sector assets. The most recent example is Cyprus. After the close of business Friday March 15th 2013, the government of Cyprus declared that they were going to deduct 6.75% of every bank account of less than €100,000 ($130,000) and […]

Important Things to Know Before You Buy Gold Bars

Why buy gold bars? Gold bars are probably one of the most sensible investments today. Gold has been a store of value for thousands of years. For all these years, it has been known for its luster, beauty and brilliance and in modern times it has been found to be one of the best conductors […]

What Are Good Investments?

For those who have only recently accumulated enough excess money to consider investments, the range of options can be startlingly complex. For many people, at the very most it used to mean leaving one’s cash in a high-interest savings account for a few years. But in terms of getting a bigger return, savings are arguably […]

Putting a Gleam in Your IRA

You likely have seen invitations to open a “Gold IRA” or something with a similar name. Perhaps you should, but before you do, think about why an Individual Retirement Account might or might not be a good place to hold gold. That may tell you something about the best way to introduce gold into your IRA. Gold isn’t the only investment that raises the “Does it belong in an IRA?” question. Every investment does. And for every investment, the answer is, “It depends.” It depends on the nature of the other assets in your overall portfolio. It depends on how big the IRA is compared to your total holdings. And it depends on your judgment as to which investments are likely to be the most profitable.