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
Gross Domestic Product. GDP represents the market value of all final goods and services produced within a country over a period.
Employment Indicators
Consumer Price Index. CPI is an indicator of inflation.
Central Bank Minutes
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.

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&nbsp;economic indicator&nbsp;is a&nbsp;statistic&nbsp;about an&nbsp;economic activity, which offers an analysis of economic performance and&nbsp;predictions&nbsp;of future performance.&nbsp;
Top 5 Economic Indicators for Global Investors
<ol>
<li>Gross Domestic Product. GDP represents the market value of all final goods and services produced within a country over a period.</li>
<li>Employment Indicators</li>
<li>Consumer Price Index. CPI is an indicator of inflation.</li>
<li>Central Bank Minutes</li>
<li>PMI Manufacturing &amp; Services</li>
</ol>
&nbsp;
Company indicators
Sometimes called Key Performance Indicator, KPI&rsquo;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&rsquo;s, you don&rsquo;t need to be a doctor to know where your health is heading.

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.  Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.  Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.   For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.&nbsp; Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.&nbsp; Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation. &nbsp; For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips Podcast

Welcome to Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness. 

Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business. 

Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.  

For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

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