Smart Investment Articles
There’s no stopping the gold rush of 2019, folks. I know, gold is taking a breather at the $1,500 level: that’s actually a positive sign as the price stairsteps its way towards the previous high of $1,900.
It’s a tough pill for emotion-based investors to swallow, but my philosophy doesn’t follow media hype or the madness of crowds. Since when has anything INCREDIBLE come from following the herd?
In 1997, the public’s trust in the American government was around 30 percent. That’s nothing to brag about, but it’s a whole lot better than where it stands today, at the record low of 17 percent.
Millennials residing in the European Union are considered the lost generation, while less than 40% of Americans have enough saved for a $1,000 emergency.
No matter where you turn, you can’t avoid hearing about Boeing Co (NYSE:BA) and its twin disasters: Lion Air Flight 610, and more recently, Ethiopian Airlines Flight 302.
Seasons change and so do investing strategies, but one thing remains constant throughout the year and through the generations: markets move in cycles and nothing goes up forever. Sure, the stock market tends to go up over the very long term, but there will always, sooner or later, be seasons of decline and downtrend.
Managing your time, educating yourself for the next phase of your career, and learning to invest are crucial pieces of the overall financial puzzle – and I teach all those aspects of personal financial management, no doubt about it. But there’s an often neglected component to wealth building that’s akin to a leak in a boat: it’s bound to sink you if you don’t fix it.