Tag: cons
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Should you buy gold from a big retailer? Pros and cons experts say to know
Buying gold from a big-name retailer has its benefits — but it also has its downsides. Getty Images/iStockphoto Gold became an increasingly popular investment in 2024 as its price climbed upward while repeatedly hitting record highs. As a result, many new investors began buying gold bars and coins, hoping to turn a quick profit even…
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Considering using your home equity now? Pros and cons of acting before 2025
There are timely benefits and downsides to using your home equity before 2025. Getty Images With credit card interest rates breaking multiple records so far this year and rates on personal loans well into the double digits, home equity borrowing has become the clear best alternative for many borrowers right now. With interest rates averaging…