Should you be buying Gold?

Money Tips looks at whether you should be holding precious metals like Gold and Silver as part of your portfolio.

Word of the Day

Indicators

An economic indicator is a statistic about an economic activity, which offers an analysis of economic performance and predictions of future performance. 

Top 5 Economic Indicators for Global Investors

1. Gross Domestic Product. GDP represents the market value of all final goods and services produced within a country over a period.
2. Employment Indicators
3. Consumer Price Index. CPI is an indicator of inflation.
4. Central Bank Minutes
5. PMI Manufacturing & Services

Company indicators

Sometimes called Key Performance Indicator, KPI’s gives a snapshot of key measures, such as sales, capital reserves or accounts payable turnover, which tell investors and managers at a glace where the business is heading.

You could also run a KPI for your health. For instance, how many hours exercise did you do last week? How much alcohol or sugary foods did you consume? Do you smoke, and so on. Based on these KPI’s, you don’t need to be a doctor to know where your health is heading.