Business

Where's the safety factor?

Staff Reports's picture

Q: I’m retired, and currently I have about five percent of my retirement savings in gold and silver I’ve been acquiring over the last few years. I’ve seen gold prices decline significantly, and I’m wondering if I should hang on to it as a safety factor in the event the economy goes bad in a hurry.

Keep flood insurance?

Staff Reports's picture

Q: I’m debt-free except for my home, and I’ll have that paid off in about 12 months. I currently make $60,000 a year and live in an area of Florida that is designated a flood plain, because a river that empties into Tampa Bay runs behind my home. Currently, I’m paying $1,070 a month for flood insurance.

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The Greer Citizen

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P.O. Box 70 Greer, SC 29652

Phone: 1-864-877-2076

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