Tag: Money

Investors flee to gold

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Stock-shocked investors are fleeing to gold, pushing the precious metal to new heights.

Gold reached a new intraday high of $1,782.50 per ounce in electronic trading before backing down to $1,746.20. That’s an increase of $33, or about 2%, compared to its Monday close. On Monday, gold broke $1,700 for the first time.

The current flight to gold has been by a nasty stock market plunge. On Monday, the Dow Jones industrial average plummeted 624 points, or about 5.5%, and the Nasdaq and S&P 500 dropped nearly 7%. It was the worst day on Wall Street since the 2008 fiscal crisis.

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Foreign Currency Brokers Come Under Fire

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ompanies that allow home investors to trade foreign currencies are coming under fire as regulators consider whether to put more rules on the fast-growing but risky market.

Currency brokers allow ordinary Americans to speculate on the value of dollars, euros and yen, and have grown revenue 374% since 2007, drawing in 615,000 American traders, according to the Aite Group consulting firm.

The most intense recent criticism of these brokers came from a hedge fund manager who researches and invests in companies that cater to home investors.

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Investment Property Financing

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Don’t speculate on rising home values, speculating is not investing! “Lots of people made Lots of money this way during the housing boom
Investing is accepting some risk in order to get returns on your investment.
By taking control of your deals and structuring them so you have built-in equity or positive cash flow when you buy will greatly increase your odds of success.

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Investing in India

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As investments go, India has really great long-term prospects. No doubt about it. Indeed, India has enjoyed very decent growth rates for the last decade, pulling many of its people out of poverty in the process. But investing in India…

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