Archive for the 'Investing' Category

The difference between money market accounts and certificates of deposit

A money market account (MMA) is a high interest savings account, which can be opened quickly and easily at almost any bank, like any regular savings account. MMA pays higher interest than a regular account, has higher minimum balance requirements, $1,000 to $2,500, and allows three to six withdrawals per month.  The money deposited in [...]

What Are Gold Certificates?

Gold Certificates And Their Pros and ConsWhat are gold certificates? They are documents that prove you are the owner of gold which you do not personally hold. Normally, such certificates are issued by financial institutions from where you buy gold, and those fiscal establishments physically store the gold for you. At least that’s how [...]

Reminiscences Of A Wall Street Market Maker: Short It To Oblivion

The firm I worked at was predominately short sellers. Short sellers are often times viewed as the villains and bullies of the market. Selling a stock short means you sell it first, hoping it goes down, then buy it back at a lower price. Shorting a stock in theory is much riskier than buying [...]

Silver Bullion Compared To Gold Bullion

Many precious metal investors commonly compare silver bullion to gold bullion, especially since both safe-haven metals tend to follow each others movement when spot prices are fluctuating. Precious metals have increased in popularity considerably in the past few years, especially since many investors have seen both gold and silver bullion prices skyrocketing while everything [...]

Gold Coins - An Investment in Your Financial Liberty

When you have a child, or even before you do, start collecting gold coins. When your child grows up, cash them in to send your high school graduate to the University of their choice. Your child can do the same for your grandchild. Collecting gold coins can make something special for your family. It [...]

Wall Street, Both Goldmine And Carnival

There is no other place on this planet as sophisticated and resourceful where you can make big money and get fleeced without leaving your armchair. The money craze on Wall Street has called attention to a new era for investors.“Yessiree, step right up and play the game everybody loves! You sir, yes you with [...]