How To Look For Potential Investments

You look out the window, you look at the market, you read the newspapers, you listen to the investor's podcast, whatever. Wherever you see that people are down on something and it's depressed and there may be an investment opportunity there.

Agricultural America is pretty depressed right now as you probably know and maybe it is an area where there's a opportunity but just because something's depressed that doesn't mean you should be investing there because it can stay depressed for a long, long time. You have to find a change that's taking place and change doesn't happen every day. But if you can find something cheap and if you can find a positive change, maybe you should do more homework and find a potential investment.

Gold Is Not A Currency, Just A Commodity Like Any Other

There is no simple answer in the investment world. It's a combination of everything and that's the case with gold and everything else. Gold has been around for thousands of years, gold has had many periods when it's been in a bull market and many periods when it's been in a bear market. It's just another investment. I know that many people think it is a currency but gold is just another investment like everything else, just another commodity like everything else. Go back in history and you will see that gold is just another investment like everything else whether we like it or not. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))