Mutual funds are an investment fund that pools the financial resources of a variety of investors and buys a diversified portfolio of stocks and bonds. At inception, the board of directors for the fund set the goals and strategies for the fund. Then, a fund manager is hired to ensure that their directives along with the fund manager’s expertise work in sync for the best returns … [Read more...] about Investing in mutual funds
Stock Market
Gold– Past and future of Investing in gold for profit
Gold as an investment Gold is the most popular form of investment of all precious metals. It is the preferred investment medium used as a hedge against political, economic or man-made currency crises which include declines in investment markets, inflation, escalating national debt, currency failure, social unrest and war. Like other markets, the gold market is subject to … [Read more...] about Gold– Past and future of Investing in gold for profit
Australia and Investing In bonds
Investing in bonds australia So what are bonds , well its definetly not this ( Bonds ) nor is it this (Bond J) but according to investinginbonds.com “A bond is a debt security, similar to an I.O.U. When you purchase a bond, you are lending money to a government, municipality, corporation, federal agency or other entity known as an issuer.* In return for that money, the … [Read more...] about Australia and Investing In bonds
Potash Mining and Australia
Is potash the next big mining commodity in Australia ? Potash is a group of potassium minerals (oxides, chlorides, sulphates, nitrates and carbonates) used for fertilizer production with the most commonly extracted being potassium chloride salts deposited as sedimentary salt beds formed by the evaporation of ancient seas. BHP Billiton Ltd., the world’s largest mining … [Read more...] about Potash Mining and Australia
Australian stock market today
Australian stock market update today It looks like the stockmarket got bitten by a huge aussie croc today with the market in freefall today. Stocks hitting a new 52 week low include: Alesco Corp(ALS), AWE Ltd(AWE),Bannerman Resources(BMN), Elders(ELD) and Santos(STO) Lihir Gold (LGL) Chairman Ross Garnaut said he has received “encouraging results” from testing the … [Read more...] about Australian stock market today