Finance

Here are a few thoughts on managing money as a young person with multiple decades ahead of you to invest:

One in six investors chose gold as the best place to park money they wouldn't need for more than ten years – the same number that chose stocks, according to a recent Bankrate survey. Another 6% chose bonds, while 25% chose real estate, and 23% said they would simply bank the money.

What impact will the elections have on your financial future? Well, frankly, regardless of which side of the political fence you stand on, the prospects of your retirement are much more likely to be impacted by your personal actions than by the actions of Washington politicians.

Although I have a few years before I am eligible for Social Security, I’m close enough that I am now thinking about three key issues: 1.At what age to start claiming it; 2.Whether it will still be there when I request it; and, regardless of Social Security, 3.how much does one need to live on in retirement?

Italy is facing its greatest crisis in the postwar era. The country’s banking system is bankrupt, and no one in Europe is willing to fix it. As a result the euro could start to drift toward dollar parity as the situation in Europe goes from bad to worse.

“Crexit:” a credit crunch brought about by plunging bond prices, soaring losses, an implosion in China’s high-risk debt markets, and a reversal of all the “yield chase” trades investors have flocked to in the last couple of years. That's what S&P's debt analysis team fears is about to unfold with the acceleration in corporate debt and That tells me there’s more going on beneath the surface – and that caution is still warranted when it comes to your investing strategy.

There has been a proliferation of so-called citizenship-by-investment or economic citizenship programs that allow individuals from all over the world to legitimately acquire passports and more and more countries have joined the game. Below are the terms and conditions, by country, for acquiring such a passport.

The banking crisis of 2008 never fully healed. It just got shuffled under the carpet while the public was fed a phony narrative that everything was fantastic which turned out to be a gigantic farce; many of the world’s banking systems are just as risky as they were back in 2008.

It’s been almost 10 years in the making, but the fate of one of Europe’s most important financial institutions appears to be sealed. After a hard-hitting sequence of scandals, poor decisions, and unfortunate events, Frankfurt-based Deutsche Bank shares are now down -48% on the year to $12.60, which is a record-setting low. Even more stunning is the long-term view of the German institution’s downward spiral. With a modest $15.8 billion in market capitalization, shares of the 147-year-old company now trade for a paltry 8% of its peak price in May 2007. Today's infographic illustrates the timeline of the fall of one of Europe’s most iconic financial institutions.

Benjamin Graham’s The Intelligent Investor is one of a handful of books you hear mentioned over and over again when you ask investors to name the best investing books of all-time. Graham was far ahead of his time in talking about investor behavior and human psychology in terms of the role they play in shaping how markets and investors generally work. Let me explain.