Gold is one of those assets that people often get emotionally attached to – they either love it, or hate it.
But any successful investor will tell you that you need to be emotionally detached when choosing your investments.
On the one side you have the “gold bugs” – the world is ending, flee to a universal currency types. It’s a global currency, it’s immune to inflation and immune to government interference in an economy, they’ll argue.
On the other, you have people who point to gold under performing vs stock market prices and indexes like the S&P500, and even bonds over a 30 year period. Gold’s recent renaissance is just a phase, in their eyes. Warren Buffett even goes so far as to say it “has no utility” in typical, withering derision.
But no matter which camp you are in, you should have some gold in your portfolio.
Someone much wiser than I once said, “A goal without a plan is just a wish.” They were right!
Whatever your business, if you have an Etsy, eBay or Amazon shop, or whether you have a full eCommerce website, the chances are you will be sending a lot of parcels to a lot of places.
Believe it or not we are using postal services more than ever. One may have thought that in the age of all things digital, postal services may have started to encounter hard times – not so! We are still sending birthday cards and Christmas cards in the post, household bills and other types of correspondence are still posted in many cases, but the real reason we still use postal services so much is because of larger items – parcels!