On this page we present an automatically updating (daily) palladium return calculator. Enter any two dates since April 2nd of 1990, and we will compute the annualized and total returns on money invested in palladium between those two dates. We also will automatically adjust the quoted returns for inflation, optionally, if you choose the “Adjust […]
On this page we present an automatically updating (daily) platinum return calculator. Enter any two dates since April 2nd of 1990, and we will compute the annualized and total returns on money invested in platinum between those two dates. We also will automatically adjust the quoted returns for inflation, optionally, if you choose the “Adjust […]
Today we’re going to discuss motivation, in a combination of finance and health. Specifically, some companies and even countries are offering money to lose weight. Would that type of scheme motivate you to drop some pounds? What do you think is better for motivation: carrots or sticks? Money to Lose Weight? Where Do I Sign […]
Below is a gold return calculator which will calculate the return an investor might have made buying and selling gold (without transaction fees). We also include inflation adjustments using CPI. Enter the ending and starting dates for a theoretical investment, and we’ll do the math! (Note: for the first time you try to calculate a […]
On August 15, 1971 something very interesting happened in the world of currency – the United States, under President Richard Nixon, removed the dollar from the gold peg. Foreign traders were able to redeem their dollars for gold at a rate of $35 per ounce. Nixon dropped the gold peg in the face of rising inflation and in response to other nations also leaving the gold standard set up in 1944 at the Bretton Woods meeting in New Hampshire. The event, known as the Nixon Shock, instantly devalued the debt and left the dollar as a fiat currency – with nothing backing it up. However, the dollar also found itself in a unique position as the reserve currency which other nations used to back up their own currency.
One pays a dividend, has enterprise value, and has the potential for growth. One is a piece of metal long accepted as a store of value. Which one do you invest in: gold (or silver) mining stocks, or gold (or silver!) itself?
Our article, “Investing in the 79th Element”, is hosted over at Man vs. Debt for the Carnival of Personal Finance! Go check it out, the theme is New Zealand!
Gold, the 79th element in the periodic table, is perhaps the most controversial of any investments. Every investor seems to have an opinion on the metal. Some people, particularly enamored with the constitution, read into it the necessity for the government to only issue gold (and silver) coins.
Regardless of your viewpoint on the legality of fiat currency, perhaps you have decided to invest some of your hard earned funds into the stuff. There are many ways to approach investing in gold; I will lay out a few approaches to gold investing in this article.