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How To Invest In Gold The Right Way

Posted by Susan Paige on Dec 12th, 2019 · 0 Comment

Source: Pexels.Com For a significant portion of history, gold has been used for various purposes by humans. From facilitation of trade to accumulation of wealth and industrial activities, the uses are plentiful. With its limited supply, and burgeoning demand, it is no surprise that it continues to hold its value despite many economic downturns and political events. Tips for Investing in Gold Investing...
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Why Do People Invest In Gold?

Posted by Critical Financial on Jun 25th, 2014 · 2 Comments

investing in gold, investment, stock market

Why do people invest in gold? The short answer to this is because of uncertainty. When prices of gas, oil, and other basic commodities rise, people get worried and run for cover. That cover is gold, which has been used for hundreds of years as hedge to inflation. A more complicated answer to that would be because of political turmoil or liquidity issues. In 2013, Germany decided to repatriate some...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

How To Invest In Gold The Right Way

Why Do People Invest In Gold?

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