Saturday, September 11, 2010

Gold and Silver Investing

While reviewing the performance of my 401k and IRA accounts, I can't help but sigh at the behavior of my accounts. I miss the performance more than 3 years ago where checking my accounts would always give me a high. I am not complaining though since despite the growth is not as ecstatic as it was years ago, nevertheless, the money is still growing, and for me, still a lot better than putting it in the bank or spending the money away shopping here and there. Also, investing in our 401K and IRA helps us reduce our tax as well.

However, there is a limit as to how much we can put in our 401K and IRA, thus, some of the money I am saving for the rainy days and my old age are mostly in the bank. However, the interest rate right now is just low, in fact, very low, even CDs are just a mere l.4% APY. Now, I am looking at some other options where to probably gain more interest. Gold and silver have been stable through the years. In fact, Gold investment has been an ongoing bull in the market for years. The Gold futures have climbed 10% this year, very remarkable compared to very little percentage in CDs.

This post is sponsored by Goldline International, a gold and silver investing company that has served precious metals investors and collectors with a full range of products, including gold, silver and platinum coins and bars, numismatic and collectible coins, and rare currency. Goldline offers a unique Price Guarantee Program which can help protect investors from short-term price changes.
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  1. This is the reason why Mikey is so crazy about gold panning. He is up Byron again this weekend. hayyy.

  2. gold is gold, value never goes down the drain