What is an ETF?

Exchange Traded Funds, or ETFs, seem to be everywhere these days. They are a low-cost, tax efficient way to invest. They reduce your risk versus investing in a single stock. They can provide ready access to many asset classes, especially for the smaller investor. In my novel Money Grab, I wrote: Clients these days are convinced … More What is an ETF?

Why Gold Has Lost Its Glitter: Don’t Rush to Buy

July 10, 2013 Until its price peak in late 2011, gold had been in a twelve year bull market. Its price appreciation accelerated following the 2008 financial crisis, more than doubling from less than $800 an ounce in 2008 to over $1,800 per ounce in 2011. During 2013, however, gold lost its glitter. The price … More Why Gold Has Lost Its Glitter: Don’t Rush to Buy