Investment Ideas

Welcome to My Personal Finance Journey! If you are new here, please read the “About” or “First-Time Visitor” pages to find out more about us. If you would like to receive free updates on articles like this by email, then sign up here or you can subscribe to the RSS feed. Also, check us out on Twitter or Facebook. Thanks for visiting! Keep on learning!

The following is a guest post on behalf of Bullion Vault. Enjoy!

Investment Ideas

Saving money and being economical is important, as we all know. However, after working hard to rack up some savings, the next step is finding ways to make that hard-earned money work for you!

Do Your Homework

It is important to do your research. There are so many options out there, in terms of banks and savings accounts. Compare, make telephone calls, ask questions! Choose something that will bring you the most interest.

Consider Investing in the Stock Market

If you have a head for the global economy, you could get into the stock market. This requires more effort and involves more risk than a savings account, but it can also be more rewarding. Putting your money in the right place at the right time can really earn you much more than you were expecting!

By diligently keeping yourself informed about current events, and with practice, you will find that it is perhaps easier than it looks. There are books and websites galore that can teach you more about investing intelligently.

Consider Gold as An Investment Option

If stocks and shares are too uncertain for you, and you would prefer something a little more solid in your portfolio, why not consider gold? These days, it is looking like one of the safer choices, since it is highly likely that it will only earn you money in the long run. It is easy to purchase, via your bank or online resources. Buying gold is simple and quite profitable, without the riskiness of stocks and shares.


Consider all your investment options and choose something that fits your lifestyle, and helps you towards your personal finance goals. Finding the right way to make your money grow while you focus on other things will move you closer to financial freedom. Start looking into it today!

How about you all? What are your thoughts about investing in gold as part of your portfolio? 

Share your experiences by commenting below!

Jacob’s Thoughts – Listed below are my random thoughts as I was reading this article.

  • @ Investing in the stock market –
    • While a lot of people swear that investing in individual stocks is the way to go and that there are tremendous opportunities, I am still not convinced.
    • However, I always keep my ear open for new stock trading methods that seem to take some of the emotional pitfalls out of individual stock investing.
    • The most promising stock trading method I have studied to date is Phil’s Town’s Rule Number 1 system. Because I liked the system’s methodology, I performed a 6 month analysis of his system, and ultimately found that it didn’t offer any benefit when compared to merely investing in index mutual funds.
    • So, long story short – I don’t promote investing in individual stocks. Instead, I think that individual investors are much better off investing in low cost index mutual funds. This strategy is called passive investing.
  • @ Investing in Gold – 
    • This is actually a pretty difficult question/issue. And, ultimately, I have not yet decided whether or not gold needs to have a place in your portfolio. 
    • Because of this, I’ve put this topic on my list of posts to research and write about. Just off the top of my head, if I were to invest in gold, I would most likely try to do it through a low cost mutual fund or ETF.
    • How about any one else out there, do you think gold should be in your portfolio? If so, how do you recommend gaining exposure to this asset?

***Photo courtesy of


  1. I absolutely believe that gold should be a part of an investor's portfolio to smooth out some of the bumps. A 10% allocation should do fine, and you might as well make it easy and go with the GLD exchange traded fund.
    My recent post Some Big Support Levels That You Should Watch Out For

    • Thanks for the tip CashflowMantra. GLD could be a possible/viable option. I just checked, and it only has a 0.4% expense ratio/fee.
      My recent post My Personal Finance Journey Vs. The United States of America – Round 2 – What Interest Rate is Your Savings Account Earning?

  2. I think it is too late if you want to add gold to your portfolio. It is at all time highs, which means it will go down. I'm not saying that it won't go higher in the short term, but a long term portfolio shouldn't own gold.

    If you like gold, consider mining stocks or something similar. They have been beaten down, but should post some nice profits due to the price of gold.
    My recent post The College Investor’s Market Thoughts – August 5, 2011

    • You make a good point Robert. However, long term, if I were to evaluate whether or not to add gold to my portfolio, I'd be more interested in how their performance correlates to the performance of other assets. If the correlation coefficient is far from one, it could provide a nice little buffer from stocks/equities.
      My recent post My Personal Finance Journey Vs. The United States of America – Round 2 – What Interest Rate is Your Savings Account Earning?

  3. I invest in the stock market but I'd be kidding myself if I said I understand enough about the market to successfully trade commodities. When I own a stock, I own part of a money making machine. It generates income and provides capital appreciation. Good companies survive in the bad times and thrive in the good so I can always justify owning them if I can buy them at a nice price.
    However, If I buy an ounce of gold, that gold doesn't generate income and it doesn't produce more gold. It just sits there existing on this planet while no more is created or destroyed. A purchase of gold is a bet that people will be willing to pay more for it in the future than they will today and this value is inversely proportional to investors' confidence in current economic conditions.
    In general, I think it's best to invest in whatever it is that you can really understand. Sadly, too many people follow tips and invest in things because they're “going to go up”…
    My recent post I’m basically Shia Labeouf

    • A very good point Sterling Effort! Stocks do have that added benefit of actually representing ownership in a company that is making a product or providing a service.
      My recent post My Personal Finance Journey Vs. The United States of America – Round 2 – What Interest Rate is Your Savings Account Earning?

Speak Your Mind


CommentLuv badge