Ask around and you’ll find plenty of people willing to give you “sound” investment advice. I’ve never been much of a conformist, so I’m going to offer you, instead, ten pieces of really terrible advice on investing. Why? So you’ll recognize them when you hear them from the “experts” or your friends. Some readers will [...]
By entrepreneur-turned-art-dealer and gallery owner, Bill Clark of Clark Art Gallery, in Cheshire and London At a time where bank deposits, property and most conventional investments are producing poor returns there is a temptation to try less familiar investment commodities like precious metals, coins, antiques or art. But not everything that glitters is gold. Always [...]
There are a lot of people out there who want to give or sell you financial advice. Everyone from your brother to the guy on the infomercial has some system, stock pick, or trick that they want to turn you on to. And don’t forget the true financial advisors that work for your bank or [...]
In the high-risk business of investing and trading, it’s well known that gold is a solid investment in many ways. As the most sought-after of the precious metals, it’s a good hedge investment against economic disasters. Gold value is always in perfect contrast to the dollar. Still, many novice investors tend to forget, or avoid [...]
Are you a news junkie? If you are, hopefully you’re not making investment decisions based solely on the financial news or stock market analysis that the media provides all day and every day. When the stock market goes down, they say ask the question, “Has the next recession finally arrived” and when the market goes [...]
The savings account is about as in style as 90′s rock sensation Pearl Jam (Don’t feel bad if you’ve never heard of them) but much like some of those same 90s fads, the savings account is making a reemergence. Everybody is happy when interest rates fall and they can refinance their homes, but they forget [...]
“Yeah, yeah, yeah,” is what you’re thinking. Here come all of the obesity facts. You think I’m going to talk about all of the money you spend on fast food, junk food, and those other sinful pleasures, or at least sinful as defined by the health nuts with six pack abs. No more guilt trips. [...]
In the wake of the post-Christmas sale frenzy, I found myself wondering, “Why is it that people will beat each other senseless to save 75% on wrapping paper and cards, but they won’t take advantage of the biggest sale of all: A down stock market?” Back when the market was tanking in 2008 and 2009, [...]
You may have heard about the movement to automatically opt employees into their 401K’s. Right now, the default option is for you not to contribute. When you’re hired they ask you if you’d like to contribute and how much. If you say no, then nothing is taken out of your check. There is a movement [...]
SavingAdvice is starting a new column that’s going to look at strange, offbeat ways to save and make money. Anything that’s a little odd, uncommon, or contrarian is fair game – as long as it’s legal. You probably already know about Roth IRA’s. These are IRA’s that you fund with after tax dollars and then, [...]
