Friday , 1 November 2024

Lorimer Wilson

4 Tricks Some Financial Advisors Use On Their Clients (+2K Views)

Trust is obviously a huge aspect of any client relationship in the financialinvesting6 services industry, but there are some red flags people can look for to make sure their outsourced investment advice isn’t coming from a charlatan. Here are four tricks the finance industry plays on their clients.

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Should Gold Be In A Diversified Portfolio?

Gold is becoming more and more acceptable in the investment community and especially since interest rates have approached zero and in some countries even gone negative. Until recently no portfolio manager would have mentioned gold and even less recommended it but now the investment profession is starting to discover the liquidity trap and acknowledge the value of cash and, more specifically, gold and its place in a diversified portfolio.

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Will Higher Interest Rates Result In Lower Gold Prices?

It is my view that gold is in the Phase III of its Cup-and-Handle chart formation and the next breakout will bring it to $1,375 level. While It is possible for gold prices to fall below 1,200, or below 1,000 later, as many believe, I see that as unlikely. This may happen only if...

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Keep on Truckin’ – April SUV & Truck Sales UP 11%, Car Sales DOWN 5%

Last month Americans bought 1.5 million vehicles, a 3.6% bump from a year ago, establishing a new record for April and eclipsing the old mark set 11 years ago for a seasonally adjusted annualized pace of 17.4 million vehicles. That puts automakers on track for a second consecutive annual sales record and resultant strong profits could cause investors to pile into the stocks of major auto makers. Words: 537

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