Category: investing

Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 29)

Benchmark U.S. crude oil for October delivery rose $3.95 to $97.01 a barrel Monday. Brent crude for October delivery rose $4.10 to $105.09 a barrel. Wholesale gasoline for September delivery rose 3 cents to $2.88 a gallon. September heating oil fell 10 cents to $3.91 a gallon. September natural gas rose 5 cents to $9.35…


Three Things That Could Kill Crypto

Following the drubbing of the crypto markets in June 2022, with Bitcoin and Ethereum prices down nearly 75 percent and 82 percent, respectively, from their all-time highs, many market observers predicted the early death of the crypto industry. Crypto detractors, including regulators and vested interests in the legacy financial system, each used the rout as…


Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 26)

Benchmark U.S. crude oil for October delivery rose 54 cents to $93.06 a barrel Friday. Brent crude for October delivery rose $1.65 to $100.99 a barrel. Wholesale gasoline for September delivery rose 4 cents to $2.85 a gallon. September heating oil rose 6 cents to $4.01 a gallon. September natural gas fell 8 cents to…


How Major US Stock Indexes Fared Friday Aug. 26, 2022

Stocks ended sharply lower after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on rate hikes in its effort to tame inflation. The S&P 500 lost 3.4 percent Friday, its biggest drop in two months, after Jerome Powell said the Fed will likely need to keep interest…


Building Wealth: A Key Step in Hedging Against Inflation

Individuals seeking to build wealth have used a wide variety of methods, strategies and plans. There are tips about what you should do and what to avoid. However, building wealth is more intricate than simply saving money or investing in all the “right” places, whatever that means. Building wealth is a way of living that requires…


APE Stocks: A Clever Way to Raise Funds, but Should You Cash In?

APE, the new preferred share class of the AMC movie theatre chain, began trading on the New York Stock Exchange this week—and it sure is intriguing. In the age of the “meme stock” and Reddit groups manipulating the market, it’s unlikely that this will be the last unorthodox investment scheme we see in the near future….


How Major US Stock Indexes Fared Thursday Aug. 25, 2022

Stocks are closing higher on Wall Street, clawing back more of their recent losses, as the countdown clicks closer to zero for a highly anticipated speech about interest rates. The S&P 500 rose 1.4 percent Thursday. Stocks have wavered between gains and losses since tumbling Monday to their worst day in months, as traders hold…


Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 25)

Benchmark U.S. crude oil for October delivery fell $2.37 to $92.52 a barrel Thursday. Brent crude for October delivery fell $1.88 to $99.34 a barrel. Wholesale gasoline for September delivery rose 1 cent to $2.81 a gallon. September heating oil fell 6 cents to $3.95 a gallon. September natural gas rose 5 cents to $9.38…


11 Tips to Invest in Gold for Retirement

If you’re looking for a smart way to invest for retirement, consider adding gold to your portfolio. Gold has long been considered a safe investment with a solid track record, but it also provides an opportunity to diversify your portfolio at no additional cost. In this post, we’ll walk through the steps of investing in…


When Investing in Crypto, Avoid These Scams to Protect Your Portfolio

Cryptocurrency is one of the most popular investments of the past few years. The crypto market is booming, with billions of dollars traded and bought quarterly. However, despite this increase in popularity, the crypto industry is not without its fair share of scams. Coinbase, one of the world’s largest and oldest cryptocurrency exchanges, has come…