Will Gold Save the Day?

Will Gold Save the Day?

Gold is often cited as having a negative correlation with stocks and a positive correlation with inflation, making it sound like an excellent diversifying asset to hold in your portfolio.

Sorry, but in today’s Common Sense Investing, I am going to tell you why gold’s glitter does not earn it a place in your portfolio after all. It may work well as a wedding band, but it doesn’t cut it as an investment. 

In These Uncertain Times

In These Uncertain Times

I am far from being a long-tenured veteran of the financial services industry. In 2007, when the last big drop in financial markets began, I was studying mechanical engineering on a full athletic scholarship. I have no recollection of worrying about the market; all of my expenses were covered as long as I met my athletic and academic obligations (which I did). As far as I could tell, I had financial certainty in my life.