Gold Consistently Outperforming the Market This Century

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Gold finished July up a further two percent, signaling its best month since February. In the face of a dollar that is in continued decline, it is leading many investment experts and commentators to suggest that this most traditional of investment options is the safest bet going in otherwise uncertain economic times.

Gold is consistently trading above its 50-day and 200-day moving averages, a good indication that its performance will continue to remain strong. The declining value of the US Dollar, on the other hand, shows no sign of reversing and suggests that there will be no relief through an increase in interest rates any time soon.

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How to Budget for your Future

how to budget

Making a budget can be a time consuming and frustrating process; yet as we approach retirement, budgeting, and keeping to that budget is more important than ever. The 2013 Survey of Consumer Finances found that among all working households, the average savings for retirement was only about $2,500. The numbers do get a little better when looking only at households of those over 55, with the amount of savings averaging around $14,500. But that is still far less than the 80% of the income generated while in the workforce that specialists recommend retirees have set aside. The question for many people is what they can do to increase retirement savings and financially prepare for the future? Here are some tips to get you on track.

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