Gold Rush 2020

For centuries, gold has been considered a store of wealth. For some investors, this belief may be stronger than ever before, as gold prices have reached record highs recently, driven largely by its reputation as a hedge against market volatility and concerns over the safety of global currencies. Yet it’s important to remember that while gold is doing well now, as an asset class it has significantly underperformed the S&P 500 over the past decade. That’s why most advisors recommend that investors allocate no more than 15% of their portfolio to gold. What’s the best way to get into the gold market? Pam, Richard and Terry weigh in on the pros and cons of investing in physical gold like coins and bullion, versus ETFs and mutual funds that invest directly in gold and funds that invest in mining companies that fulfill the global demand for this precious metal.

Om Podcasten

Whatever life after 50 looks like to you, thinking about money in retirement shouldn’t keep you up at night. We’re all dealing with the big questions about money and aging: How much you can really spend, how to invest your life savings without risking it all in the stock market, and should you sell your home and downsize? Then there’s the biggest unknown: how much health care you’ll need, and whether your savings and insurance is enough to cover the costs. This is personal. These topics may not be easy to talk about with your own family. That’s why nationally known personal finance experts Terry Savage, Richard Eisenberg, and Pam Krueger and are here to open up the dialogue so you can learn how to define your retirement and deal with your money on your own terms. These three friends think, write, and speak about these issues. And now they’re joining forces to give you the benefit of their experience, wisdom and advice in their new podcast, Friends Talk Money. Each week Richard, Pam and Terry will discuss a different piece of the retirement pie. Everything from Social Security and Medicare to investing and cash flow management is on the table, with practical, common-sense advice on how to deal with these and other challenges. But don’t expect cut-and-dried answers. These friends have strong opinions, and aren’t afraid to debate the pros and cons of their friends’ recommendations. But what you will walk away after each episode is a greater awareness of the retirement planning issues you’ll need to address with the help of your family, friends and financial advisor.