November 2010

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What's an Investment and What Isn't

The simple definition of the word “investment” is something you purchase with money that is expected to produce income or profit. The old saying about making money work for you – it’s talking about an investment. The problem for the beginning investor is that much of the...

4 Financial Lessons for Kids (And Others Who Need Them)

a href="">financial lessonsIn a perfect world, we would all have the following critical financial ideas pounded into our heads at the earliest possible age, preferably before 10. However, the reality of parenting and the educational system is that few of us are exposed to proper thinking about money early, if ever. Young Wealth is here to rectify the situation so, in the likely event your parents forget to cram the financial wisdom of the world down your throat – here it is. Don't say you were never told.

Low Risk Commodity Investing

Conventional wisdom says, rightly so, that commodity investing is a risky pursuit. The capacity for a new investor to get badly burned is higher than in the stock market. Generally speaking, the commodity market is more volatile than stocks. Driven to a large extent by speculator demand,...