In Gaza's crowded tent camps, women wrestle with a life stripped of privacy
US missile defense system used for first time in Israel to intercept attack from Iran-backed Houthis in YemenUsi rift with UTM Party keeps widening
Column: Remembering Nikki Giovanni, a revolutionary spirit of loveNoneGold has long been considered a smart way to hedge against inflation and diversify portfolios . Thanks to its historic reputation for maintaining and even rising in value during inflationary cycles, many have turned to the precious metal in recent years . Its ability to offset volatility in other assets has been attractive for investors of all ages. But with inflation cooling, interest rate cuts being issued and the price of the metal high, some investors may want to reconsider their approach to gold now. This is particularly true for seniors who may have been considering adding a layer of gold to their investments. Long considered a safe-haven asset for seniors and older adults, many may be wondering about the benefits and security of investing in the metal amid today's changing economic climate. Below, we'll break down three things seniors should about the safety of gold investing now. See which gold investment makes sense for you here . Is gold still safe for seniors to invest in? To better determine the value and safety of investing in gold now, seniors should account for the following three factors: The price of gold , not accounting for a minor drop to start November , has risen to multiple record highs so far in 2024, with the potential to hit $3,000 before the end of the year. This elevated price needs to be evaluated by seniors, particularly when compared to lower entry price points for alternative assets. That said, it may be smart to invest in gold now since the metal is down from a recent record high. Waiting could result in the price rising again, making any investment prohibitive — and you'll miss out on the protection the metal can provide in the interim, too. Learn more about the price of gold online now . How have your investments been performing lately? The need for the type of portfolio protection gold can provide can help determine whether now is the right (or safe) time to invest. If your portfolio is already properly diversified then you may be able to skip an investment in gold. But if it's been volatile, it may be better to offset stocks and bonds performance with a portion of gold. In other words: Gold can be a safe and smart investment if your portfolio is underperforming, but investing in it without reason or strategic intention would be a risky move, particularly for seniors who may find more benefit in income-producing assets. With the price rising for much of 2024 and the rare opportunity to turn a quick profit by buying gold cheaply and selling it for a profit, it may be tempting to overinvest in the metal now. But that wouldn't be safe for any investor, particularly seniors who can't wait long-term for an asset to grow in value. So if that's your intended use for gold investing now, it may not be a safe way to invest. But if you're planning to depend on it for balance against other assets, an investment limited to 10% or less of your overall portfolio could be safe. The bottom line Ultimately, the safety and value of any investment is dependent on the individual. For some seniors, a gold investment with the price high and stock market performance strong, could be risky. For others, however, it can offer valuable portfolio protection and security at a time in life when the appetite and ability to sustain risk is lower. Only you will know which group you fall in. So explore your options carefully and consider speaking to a financial advisor or gold investing professional who can help answer any questions you may have in advance of an investment. Matt Richardson is the managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
The Chronicle's 2024 All-Area Football Team
Who can ever guess that the legendary singer is 91-years-old. The veteran singer recently did a live concert and also broke into dance to a viral song from this year. She was seen singing 'Tauba Tauba' from the film 'Bad Newz' that starred Vicky Kaushal in the led. The actor's smooth moves in the song had gone viral on social media leading many to imitate the move. Now, with the year ending, Bhosle has done the cutest version of the hookstep. Dressed in a saree, Asha Bhosle looked elegant as ever as she mesmerised the audience with her voice. She began signing the viral Karan Aujla song 'Tauba Tauba'. After singing few lines, she stepped away from the mic and started doing the hookstep in the most adorable manner with a smile on her face. The video was shared by Bosco Martis who choreographed the song for the film 'Bad Newz' featuring Vicky Kaushal. Karan Aujla reacts to Asha Bhosle's performance was beyond thrilled to watch Bhosle sing a song sung and written by him. Taking to Instagram stories, the singer who is currently touring in India wrote, "@asha.bhosle ji The living Goddess of music, just performed Tauba Tauba. A song written by a kid that grew up in a small village, with no music background and no knowledge of musical instruments. A melody made by someone who doesn't play any instrument. This song has received a lot of love and recognition amongst not only fans but also music artists, but this moment is truly iconic and one I will never forget." "I am truly blessed and thankful. This has really inspired me to keep giving you all such melodies and create more memories together," he added. He also shared the video of Asha Bhosle singing the song in his Instagram stories and wrote, "I wrote it at 27. She sang it at 91 better than me". Meanwhile, Aujla is currently in India doing concerts across the country. The 8-city ‘It Was All A Dream’ India Tour is a celebration of Karan Aujla's journey from being a small-town artist to now, an international superstar. The title inspired by his rise to fame, reflects the dreams he's had and how he's turned them into reality. This tour marks a significant step in his global mission to bring modern Punjabi music to a wider audience, having already broken ticket sales records in Canada, the UK, and New Zealand.