Alternative
A Few Options to Invest in Gold
if you are interested in having the bullion in your portfolio, of course.
ETFs
This is probably the easiest way to invest in precious metals, gold and silver. There are some several precious metal ETFs available as I discussed in my previous post. Among them, two are very popular: SPDR Gold Shares (GLD) and iShares Silver Trust [...]
Lending Club Introduces Self-Directed IRA in Peer-to-Peer Lending
Lending Club, the only SEC registered peer-to-peer lending site, today announced the introduction of the first ever self-directed IRA to let lenders save for retirements through P2P lending. The new self-directed IRA accounts are managed by EntrustCAMA, a custodian of both self-directed and real estate IRAs.
Currently, Lending Club self-directed IRA plan participants can choose to [...]
Should Gold be in Your Investment Portfolio?
I have talked a lot about gold here. The reason is I am a believer that gold, not physical gold though, should have a place in the portfolio, not exactly for hedging against information but for diversification. Take a look at the performance of the stock market and gold since 2007, for instance. After [...]
What I Checked Before Buying Loans with Lending Club
Is Lending Club Safe? As a platform for peer-to-peer lending, Lending Club itself is safe. It’s lending money through Lending Club that carries risk. However, by carefully evaluate and select each loan, risk can be reduced and return can be improved.
I have been gradually building up my Lending Club loan portfolio in the past few [...]
Lending Club Adds Yield to Maturity Data to Notes
I logged in my Lending Club account today to buy a few more note, then I noticed something that’s apparently new in the Note Trading Platform.
It’s a new column of data called (click the above screenshot to enlarge). If you are not familiar with Yield to Maturity (YTM), then you can check out the definition [...]
My Lending Club Portfolio
I wasted little time in building up my Lending Club portfolio.
Only a few days in the peer-to-peer lending business, I already have, believe it or not, 20 loans (notes) in my portfolio 8 of them are $25 loans and the rest are $50 loans at a total value of $794.68. Right now, I [...]
Gold Price Reached 6-Month High As Equities Tumbled
In case you didn’t notice, the bullion has quietly made a comeback as stocks fell. On Friday, spot gold surged $22.20 (2.4%) to reach $927.20 an ounce, the six-month high (see the following chart from Market Club), after a government report showed that GDP contracted at an annual rate of 3.8% in the last quarter [...]
Fibonacci Rule and How to Use it in Trading Gold Explained
Do you know what Fibonacci rule is?
Basically, Fibonacci sequence is a sequence of numbers in which each successive number is equal to the sum of the two preceding numbers, such as 1, 1, 2, 3, 5, 8, 13, . . . The rule used to generated Fibonacci sequence is called Fibonacci rule, which can be [...]
What Is Going on with Gold?
The stock markets are pretty volatile these days with huge up-and-down swings happening almost on a daily basis (the past month has produced 5 of the 10 largest drops of the Dow). At the same time, gold, which I follow quite closely, also had some roller coaster rides lately, but the general trend of gold [...]
Is Gold a Good Choice to Hedge against Inflation?
Early last month, I had a post on gold when the bullion recorded its biggest one-day increase ever in price. If you follow this blog long enough, then you know I have talked a lot about good. My investment in gold is not the metal itself, though I bought a couple of pieces of hardware. [...]
