The market crash of 2008 did not just hurt the S&P, it hurt real estate and gold equities. The sell off was brutal. Was 2008 an isolated incident or does a crash in general equities always spell doom for gold and gold stocks? This article examines 5 previous bear markets starting in 1973 in the S&P and looks at the performance of gold and gold stocks.
Read More »Monthly Archives: May 2017
Balloon Mortgages Have Some Tempting Qualities But Are They Really For You? (2K Views)
Balloon mortgages have some tempting qualities. They come with lower interest rates and, because of this, smaller monthly payments. This can help borrowers get into a pricier home that they might not have been able to afford otherwise but balloon mortgages come with one huge risk: At the end of a set period, borrowers must pay off the remaining balance on these loans in full (the "balloon") and these balances can be quite large. So, how exactly do these mortgages work, and who do they work best for? Let's break it down.
Read More »Answers To These 4 Questions Can Make For Better Investing
Good decision making is a precursor to excellence. Great investors have this skill and we can see it in the many books about Warren Buffett but it’s not only investors that investors can learn from.
Read More »Be Happy! Don’t Worry! No Need to Own Gold! Here’s Why (+2K Views)
Central bankers are managing paper currencies for the benefit of the people, not the financial and political elite. Consequently consumer prices are stable and there is no reason to own gold as protection from currency devaluations.
Read More »What To Do When Your 401(k) Target-Date Fund Ends (+2K Views)
The goal is to have the right asset mix when your target-date fund hits its target but this leads to the big question: What do you do when your target-date fund finally does reach this endpoint?
Read More »Are You Better At Investing Than the Average Investor? (+2K Views)
All investors think they are better in their investing than the average investor and such overconfidence can get you into trouble with your finances. It can cause you to take risks you shouldn't, and to ignore information that disagrees with pre-existing biases. It's tough to combat, because most overconfident people are also convinced they are not overconfident!
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