Certificate of Deposits (CDs) as we all know are bank accounts in which the customer deposits a minimum balance for a fixed period. These accounts offer higher interest rates than savings accounts but have a hefty penalty if you withdraw your money before maturity period of the deposit. [Read more…]
Is Gold A Sound Investment Option or Media Hype?
There is a lot of hype surrounding gold as an investment opportunity. The poor economic situation has subdued the value of other assets, and gold prices have risen as people look for safer investment options.
In reality, the increase in price of gold is a trend that is similar to the recent real estate bubble or the oil bubble. Discerning institutional investors tend to park funds in assets they believe will improve in value, owing to which prices escalate for that particular asset. [Read more…]
