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Should I buy gold?

A reader writes in to ask: "A relative has been saying that our economy is going to collapse and I should put money in gold because the world will fall back on it. What do you think about precious metals?" There has been tremendous investor … [Continue reading]

How My Investments Prospered in the Lost Decade

Some might wonder how I managed to retire in early 2011, after the terrible 2000's, which many analysts have called the "lost decade." (At the start of January 2000, the Dow index stood at 11,497. At the end of December 2010, it was less than 1% … [Continue reading]

“Debt” – The Big Picture

As I write this, debt is front and center on the world stage. In the United States, the Congressional supercommittee failed to reach a compromise that would even begin to address the soaring national deficit. In Europe, the crisis is even more acute, … [Continue reading]

3 Proven Investment Strategies

I've been investing for the better part of two decades now. I've managed a sizable portfolio through two historic bear markets and spent countless hours reading every book, blog, and article I could find on investing and personal finance. During that … [Continue reading]

What Do We Mean by “Retirement”?

The idea of retirement is an invention of the last 75 years. Before then, people had no expectation of "retirement" in the modern sense. It's worth analyzing this concept a little closer, before we arrive there, to make sure it's a place we want to … [Continue reading]

Wish Lists and Dining Cash

Spending less is the simplest, most direct way to increase your effective income, and build wealth. Done right, being thrifty is fun and liberating. Here are a couple of easy, favorite techniques for reducing or controlling your … [Continue reading]

Can You Count on Social Security?

It's trendy in some circles to discount Social Security completely. But when you look at the facts for those nearing retirement now, that just isn't realistic. Social Security will be a key part of retirement for most of us. Social Security is in … [Continue reading]