Diva Living Today

Let me start out by saying that looking cute is not the only thing that diva’s do honey. Our style, working relationships and taking care of ourselves is only the beginning.  We pay close attention to everything going on in the world.  We understand that in some way, shape or form, it affects us - every one of us.  We certainly pay attention to our finances after all, we worked pretty darn hard for every dollar.  And therefore, we also invest. 

When gold investments go up, bond investments will go down.  This is what I was told years ago by a trusted investment banker.  This simple principle of investing that was shared with me some 30 years ago was accurate, until now.  Some of the investment strategies regarding gold and bonds are standing on its head, since all traditional bets were off during and after the great recession that took place around 2007.  In 2016, gold and bonds were literally twins a strange phenomenon.  These two investments going up and down in unison is unprecedented.  I was also advised to diversify investments to gain, regardless of which way investments moved, this strategy is still on point.

Lately, there has been some speculation that gold prices will go up with the trump presidency.  What do I think? Girl your guess is as good as mine.  I'm a wait and see kind of Diva, especially now, but best believe - I'm paying close attention.

I guess if there is a lesson in all of this it is, it's time to keep a closer eye on the market, your investments, the world and especially the American economy.  It's also important to understand that things have changed and we can't expect the rules of investing that were tried and true years ago to continue to work in this economy.  There is a definite need for re-education.  We have to take the time to learn about the current state of the market.  Sometimes we want to cut corners to save time.  My daughter always says, when you cut corners you will be going around in circles.  In this case, each lap will cost you. One thing this diva knows for sure is, diversification is still a great investment strategy, but there certainly is a need for caution.  There is no reward without risk, but for this diva, this is not the year to jump from ground zero on an investment.  I kinda need to see some upward movement before I dive in.  Are there deals to be made, of course?  Finding the right few in 2017 and beyond is the dilemma.