Totorus

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We associate gold most closely with money. If someone has a real gold necklace, we assume they have money, or that the person that gave it to them has money. Buying gold jewelry used to be common place. Valentine’s Day, birthdays, or anniversaries were all call for jewelry for that special someone. Now because of our economic struggle, only very wealthy people are still buying gold jewelry.

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Even just a casual observer will notice that in the midst of a recession, jewelry sales are not slowing as much as might be anticipated. Indeed, gold jewelry in particular is virtually flying off store shelves. The same holds true for gold investments. Why is gold so popular? Should you invest in some of your own?

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As you approach retirement, you may be wondering how you should handle your 401k account. There are several options depending on your other financial circumstances, your current age, and your tax situation. There are three basic 401k options at retirement. They include a lump sum distribution, leaving it with your employer, or an IRA rollover. The best decision for most people depends on your age at retirement and your tax situation.