article thumbnail

5 Reasons Why You Should Invest in Gold

Prairie Eco-Thrifter

So what should we do about this situation when it comes to investing our hard earned money? That means, the people who invested in gold, still didn’t lose much money when the economy was doing well. Have you looked at your 401K and almost choked because of its decline? Well, some investors have turned to gold. If so, how?

Economy 209
article thumbnail

Seniors – Keep Your Allocations

Prairie Eco-Thrifter

Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA. They couldn’t afford to take any risks at all and consequently used a very conservative model, holding all money in treasuries of various sorts or in the bank. Money Tips'

Money 170
article thumbnail

What Can Go Wrong – Naming a Beneficiary

Prairie Eco-Thrifter

Their guardian will have control of the money they are to inherit. If you haven’t set up a will and designated a guardian, the courts might appoint a stranger as his/her guardian and your money might not get spent on that minor beneficiary. Alternately, the money might be tied up until the child is 18.