Have you ever been at a party where someone took a big bite of a nacho, then dipped it back into the salsa for another serving? It’s called double dipping. Pretty yucky, right? And not very healthy. You may be doing the same thing with your investing and not even know it. Let’s say to … More Is It Ever Okay to Double Dip?
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?
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