Everyone knows that a healthy investment portfolio consists of the right mix of stocks, bonds, cash, and even real estate. But there is yet another important and often under-utilized resource to add to this diversification: The strength and stability of precious metals. Although there are many different kinds of precious metals, investing in gold and silver has become the two most popular choices. Gold and silver have been regarded as one of society’s oldest forms of currency. Their appeal comes from 1) the fact that they are a tangible asset that we can hold in our hands and 2) the … [Read more...]
Is a Binary Options Trading Strategy An Investment or Gamble?
Times are hard and everyone is looking for a way to make money quickly. Some people have invested in traditional instruments such as stocks while others have invested in more complex systems such as a binary options trading system to try to get wealthy really quick. Binary options are new financial instruments which have been in existence for a couple of years. These instruments are short-term investments with the potential to have high profit returns. Just like traditional investment options, binary options rely on the movement of stocks, indices, foreign exchange, crude oil and gold, … [Read more...]
Can I Change My Level of Health Cover?
A private insurance policy can be a beneficial tool for promoting and maintaining good health, but for best effect, should always be tailored to your specific needs. Lifestyle factors such as a new job, marriage, children, or health concerns may increase your need for cover, and carrying an inadequate policy for an extended period of time is an engraved invitation for disaster. It’s important to get multiple options when you compare health cover, shop around & do your due diligence. The Basics: Fortunately, private policyholders in Australia can increase or decrease their level … [Read more...]
The Costs & Benefits of Selling a Structured Settlement to Pay Off Debt
Every year there are thousands of settlements distributed to people for unfortunate reasons. Sometimes these settlements are the result of injuries at work (such as falling off of a ladder) or something worse such as a car accident that caused death to a loved one and devastating injuries to yourself. As sad as these situations may be, the individuals who receive the money face a unique conundrum: Should they continue to receive their monthly settlements or take a lump sum payment? As you'll notice from the amount of advertising on television, there is no shortage of companies that are … [Read more...]
Elderly Care Costs and the Price of Growing Old
One of the most often over-looked aspects of retirement planning is the burden of elderly care costs. All too often most people assume they will pass on or before the average age of life expectancy. Or sometimes they simply forget that their bodies will be weaker and they will likely require additional funding to cover expenses they don’t deal with currently. Unfortunately, however, the amount of extra money needed for proper elderly care is nothing short of significant. Statistics for Elderly Care Costs: The following is a select list of the statistics from the Administration on … [Read more...]
Using the Power of Mathematics to Avoid a Bad Interest Rate Swap Agreement
Math. For some people it sounds like fun. For other people, it sounds like a chore. Have you ever wondered why there is so much emphasis on it from such early age? Why we spend so much time with all the numbers, symbols, and equations? It turns out that as we get older, there is no escaping math. It doesn’t matter whether you’re an artist, engineer, plumber or university teacher - you’ll need to know your way with numbers. The Dangers of an Interest Rate Swap Agreement: Suppose you wanted to fund a new project such as buying your own house or starting your own company. But … [Read more...]