Is Now The Right Time To Invest In Gold?

Is Now The Time To Invest In Gold?Do you invest in gold? Why have you invested in gold or chose not to invest in gold? Is now the best time to invest in the precious metal? Maybe, maybe not.

Financial markets have experienced high volatility since the start of the year. In January, US stocks dropped around 10%, while oil dropped approximately 35%, before both recovered in March.

This was as dovish tones from the Fed pushed markets up and oil-producing countries stated that they would restrict the supply of oil. Despite, markets recovering at the end of the first quarter, most analysts agree that 2016 be challenging year for the financial markets, nonetheless.

Gold Price Investing

In difficult markets, investors tend to look at so-called ‘safe haven’ assets as a store of value. Examples of safe haven assets would be German government bonds, US treasuries, and the Swiss franc. However, probably the most popular safe haven asset is gold. This explains why the price of gold has seen such a steep increase since the beginning of the year.

Year-to-date the price of gold has increased over 14% and gold has been one of the best performing asset classes so far this year. The price of gold is currently trading at around USD 1,224 per fine ounce, but many experts believe that there is still a lot of upside for the gold price in 2016.

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Lessons Everyone Can Learn From #AskGaryVee by Gary Vaynerchuk

AskGaryVee by Gary Vaynerchuk

#AskGaryVee by Gary VaynerchukIf you followed me for any link the time you know that I’m a huge Gary Vaynerchuk fan. I followed him  from the time that he wrote his first book, “Crush It” and his keynote speech from the Web 2.0 Conference

While Gary Vaynerchuk is an incredible entrepreneur, I think there are a lot of great lessons that we can all learn from him even if you don’t have that entrepreneur mindset. His books and keynote addresses are fascinating. His podcast and YouTube videos are inspiring whether you’re in entrepreneur or not.
 
The “#AskGaryVee” book is the fourth book from Gary Vaynerchuk. He also wrote a wine book before the last four, which are all social media, marketing, and entrepreneurship based. AskGaryVee is an outcrop from his popular YouTube show and podcast where members of his audience and fan base ask questions about social media, marketing, entrepreneurship, and life that he answers on the show.
 
The #AskGaryVee book is the direct culmination of the show and his YouTube channel. It pulls together some of the best and most thought-provoking answers and his philosophy that Gary answers for his audience on the show.
 
But, the book is more than just a compilation of the show. It’s chock-full of amazing insight into the world of social media, marketing, entrepreneurship, and a host of other topics. 

Whether you’re a blogger, a YouTube sensation, a podcaster, an entrepreneur, or even a stay at home mom, you’ll find an incredible amount of interesting commentary on our daily lives and how social media, marketing, and life inter-plays with them in this book. 

I thought that it would be fun to look at some great take aways that I personally got from Gary’s new book. Here are three of my favorites.