India’s gold demand in the first half of 2022 jumped 42 percent from a year ago but consumption in the second half could be lower than last year as higher inflation erodes disposable income, the World Gold Council (WGC) said on Thursday. Lower purchases by the world’s second-biggest gold consumer could weigh on prices, which…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 1)
Benchmark U.S. crude oil for September delivery fell $4.73 to $93.89 a barrel Monday. Brent crude for October delivery fell $3.94 to $100.03 a barrel. Wholesale gasoline for September delivery fell 11 cents to $3 a gallon. September heating oil fell 11 cents to $3.44 a gallon. September natural gas rose 5 cents to $8.28…
Winning Strategy for Your Money
“A vision without a strategy remains an illusion.” Lee Bolman While the quote above applies to almost any situation in life, I’ve found it to be most useful when it comes to money. For example, if you want to buy a new car, you will need a strategy for the down payment. Want to avoid falling…
The Many Uses of Gold That Will Surprise You
Gold is one form of exchange that people have agreed upon worldwide, since it was discovered. That shiny metal around your neck has been used to barter for centuries. However, gold has many other uses. Knowing how gold is used can help you understand its true value. It’s more than just another form of currency….
This Couple Has Made $177,000 by Renting out Their Pool
Article by Gabrielle Bienasz Sometimes it pays to have a pool. Jim Battan, of West Linn, Oregon, has made revenue of $177,000 in less than two years renting out his pool through an app dubbed the “Airbnb of pools,” according to CNBC Make it. (The outlet said it verified the revenue through documentation.) Swimply, a venture-backed startup founded in…
Be Careful of ‘Wash Sale Rules’ When Selling Your Investment for a Tax Loss
Buying and selling is an everyday occurrence in the stock market. So are losses, which means selling an investment at a loss is sometimes inevitable. But whether you are trying to recoup losses without losing great investments, or you simply have seller’s remorse, it is important to avoid the wash-sale rule. A wash-sale occurs when…
Entering Into a Saturated Market? You Can Still Succeed!
Article by Tommy Wyher Offering a superior service or product at the right price can help small businesses compete with corporate juggernauts. The demand is a huge aspect of business, as a new business is not always going to be guaranteed their products/services are widely needed. Entering a saturated market will require a company to innovate to set itself apart from…
US Home Sales Fell in June as Prices Reach New Heights
Sales of previously occupied U.S. homes slowed for the fifth consecutive month in June as higher mortgage rates and rising prices kept many home hunters on the sidelines. Existing home sales fell 5.4 percent last month from May to a seasonally adjusted annual rate of 5.12 million, the National Association of Realtors said Wednesday. That’s…
5 Reasons Your Financial Adviser Won’t Let You Buy Physical Gold & Silver
Sponsored Content In an age of unfettered digital access and do-it-yourself grit, today’s investors aren’t the same passive or uninformed clients they once were. Most are still not experts, but their lack of passivity helps them notice certain things that get them thinking. For instance, most are aware that the U.S. economy is somewhat in…
Housing Market Chills as Mortgage Rates, Prices Scare Buyers
It’s the summer that cooled off the housing market. Rising mortgage rates have combined with already high home prices to discourage would-be buyers. Mortgage applications have declined sharply. Sales of previously occupied homes have fallen for five straight months, during what is generally the busiest time of year in real estate. The rate on a…
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