Should you be buying Gold?
Should you be buying Gold?
By Charles Kelly
Author and creator of Money Tips Podcast
Money Tips looks at whether you should be holding precious metals like Gold and Silver as part of your portfolio.
Word of the Day
Indicators
An economic indicator is a statistic about an economic activity, which offers an analysis of economic performance and predictions of future performance.
Top 5 Economic Indicators for Global Investors
- Gross Domestic Product. GDP represents the market value of all final goods and services produced within a country over a period.
- Employment Indicators
- Consumer Price Index. CPI is an indicator of inflation.
- Central Bank Minutes
- PMI Manufacturing & Services
Company indicators
Sometimes called Key Performance Indicator, KPI’s gives a snapshot of key measures, such as sales, capital reserves or accounts payable turnover, which tell investors and managers at a glace where the business is heading.
You could also run a KPI for your health. For instance, how many hours exercise did you do last week? How much alcohol or sugary foods did you consume? Do you smoke, and so on. Based on these KPI’s, you don’t need to be a doctor to know where your health is heading.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
See also:
ECB Cut Rates To Stimulate Economy
How to earn up to 500% higher yields on your investments without high risks
