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Showing posts from September, 2012

Silver and Gold: Insurance against Uncertain Outcomes

It was incredibly clear to me after a cookout this past summer that I was not nearly as diversified as I had thought I was previously. Let me back up a minute. Our household owns all sorts of various investments. This is not uncommon for people in their early thirties who have professional, white-collar jobs. People have retirement accounts in various mutual funds with different brokerage companies etc. This is not news. However, it became clear to me this past summer that there was something wrong with this idea that all of my wealth was outside of my control. Namely, it was electronic. I found that this was somewhat disturbing to me when I began to consider all of the various changes that can happen so quickly in the financial markets and with the currency changes that are ongoing (There's talk of QE4 coming.) Over the past several years I began to watch Consuelo Mack Wealthtrack and I find it to be a phenomenal show for people who are really interested in learning more abou