More Articles

Gold vs US Dollar

Gold vs US Dollar

Gold has a very special link to the US dollar. Given that gold is typically denominated in US dollars, gold prices are tied to the overall strength of US dollar. And the strength/weakness of the dollar is relative to other currencies. In short, the price of gold is inversely related to the value of the US dollar. In this article, I am going to show you WHY the US dollar and gold have this inverse relationship and why it's important to understand. Please watch the following video fo

November 18, 2011 No Comments Full Story

Should I Invest in Gold Now?

Should I Invest in Gold Now?

Should I invest in gold now? You know you've asked yourself that question several times recently. And why shouldn't you? Gold prices have been flying over the past few years. My take? You need to be very careful! Right now, gold is expensive and may not be the best investment right now. Allow me to take a few moments to share why I would not buy gold at the current price levels. Gold Price History Before we beginning our discussion, it's important to be aware of gold's track record. Is gold pr

November 17, 2011 No Comments Full Story

Is Gold a Good Investment in November 2011

Is Gold a Good Investment in November 2011

Should you invest in gold now? Is gold a good investment in November 2011? These are the kinds of questions that people continue to want answered, wondering if gold is going to continue its upward momentum. What's gold trading at today? As of 2:40 p.m. Eastern, gold is at about $1775/ounce. The following chart shows gold over the past 12 month time period. Is Gold a Good Short-term Investment? It's hard to say what gold is going to do. Remember--the main driver of gold seems to be ec

November 9, 2011 No Comments Full Story

Is Gold a Good Investment in October 2011

Is Gold a Good Investment in October 2011

I came across a video from marketwatch.com where markets/investing editor Laura Mandaro interviews a MarketWatch columnist, Mark Hulbert, about his thoughts on investing in Gold at current prices ($1,658.20). Watch the video: Mark makes the following two salient points in his interview: POINT #1: GOLD NOW COMPARED TO THE NASDAQ AT ITS PEAK Mark makes an attempt to compare the price of gold now to the price of the NASDAQ at its peak in the 1990's. In other words, he wants to compare

October 25, 2011 No Comments Full Story

Why the iPhone is a Great Financial Decision

Why the iPhone is a Great Financial Decision

I bought my very first iPhone over two and a half years ago when the iPhone 3gs was the most current model. I purchased the phone through AT&T with a 2-year contract for $299 for the 32 GB model. Yesterday, I sold my old iPhone 3gs for $180. In other words, I owned that phone for about 30 months. If you factor eBay listing costs, taxes on the original purchase of the phone, my total cost on the phone was probably around $135. If you divide that number by 30 months, I averaged $4.50 pe

October 24, 2011 No Comments Full Story

Welcome to Blue Bird Finance

Welcome to Blue Bird Finance

Well, here it is: Blue Bird Finance's very first blog post! I am so excited to share some of my thoughts, insights, and opinions on personal finance--a subject that literally impacts everybody in a big way. From wealthy doctors, business owners, lawyers, and professional athletes to minimum wage workers and unemployed, our lives are all shaped by how we handle our personal finances. Consider what the famous American showman, P.T. Barnum, once said: "Money is a terrible master but an excellen

October 23, 2011 2 Comments Full Story