For thousands of years, gold was money. More important, the world still views gold as an insurance policy against financial troubles.
In the next few years, the big capital investment money is headed toward offshore oil exploration and production in a big way.
We often give in to fear because we’re not quite sure what the markets are doing. And often, our financial advisers don’t seem to take their responsibilities to heart.
On May 12, the oil market will face a critical test. If the result goes one way, we could see higher oil prices … potentially much higher.
Which would you rather do: Take a big investment and have it become small, or take a small investment and have it become big?
We’ve seen more volatility in the market in the past two months than the two years before it combined. And whenever there’s a choppy market, traders typically will come out in full force.
While the dot-com bubble is usually the go-to bubble for people to reference, 2014 saw the start of another bubble burst that sent an entire tech sector into a tailspin.
I’m willing to bet many of you made this mistake after the recent market correction. And it can lead you to wiping your account out while the market is actually doing just fine.