Currently, silver is trading around $15 per ounce, already up 40 percent for the year. To take advantage of what is almost sure to be a continuing rise in price, you can buy silver bars or silver coins (e.g., American Silver Eagle bullion coins or Canadian Silver Maple Leaf coins). Physical silver can be stored in a home safe or in a secure hidden location that only you and another trusted person know about.
India is one of the world’s fastest-growing (and most stable) economies, with strength in its agriculture, textile, and service sectors. Services are its main source of economic growth, accounting for over half of India’s output with less than a third of its labor force. And India is on track to open up its retail, insurance, and banking sectors to more foreign investment.
Do you have a mortgage with a variable or high interest rate? If you do, it makes a lot of sense to refinance. Thirty-year fixed-rate mortgages are currently only about 5 percent – and you want to lock in a low rate now, because inflation is on the horizon.
These are risky times for investors. We are still suffering from a financial crisis and global recession. One way to ride out the turmoil is with blue-chip stocks that keep raising their dividends.
A common saying on Wall Street is “Sell in May and Go Away” – meaning May’s a good time to sell your stocks and take a vacation from trading because the stock market is going to drop in the summer months.
Conventional buy-and-hold stock investing is not working in today’s market. Trading E-Minis is a great alternative, because you can take full advantage of the market’s volatility.
Although the markets of the BRIC countries (Brazil, Russia, India, and China) have crashed along with those of the rest of the world, these countries have tremendous growth potential – which could mean investment opportunities for you.
BRIC is an acronym for the combined economies of Brazil, Russia, India, and China. These developing countries have seen their stock markets plummet along with those of the rest of the world, but now is a great time to invest in them. Their stocks are oversold and they still have high growth potential. Plus, BRICs typically have lower labor and production costs, so companies in other countries are looking into the opportunities they offer for foreign expansion and trade.