There’s a Chinese proverb that goes something like “The best time to plant a tree was 20 years ago, the second-best time is now.” Effective retirement planning is like this proverb. Smart investors are known to start saving in their early twenties; if that ship has sailed, the best time to start is today. According to …
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Tips for Buying Gold
Precious metals have long been known to be one of the safest investment vehicles. According to a study by Forbes, precious metals like gold not only give investors tax advantages, but also diversify portfolios. One of the biggest advantages of adding some glitter to your portfolio is the fact that gold rarely succumbs to inflationary …
Cryptocurrency vs. Precious Metals Which One Wins?
If, two decades ago, somebody had mentioned Bitcoins to you, you might have been left scratching your head in confusion as the concept of cryptocurrency was alien to the whole world. Fast forward to 2009, when this idea started to gain traction, and people started to invest in Bitcoin as an alternative means to paper …
What Are the Different Ways to Invest in Gold?
Gold has been used as a store of value since ancient times. Today, a single ounce of this precious metal surpasses $1,500. It represents one of the safest investment options as it’s immune against drops in currency value, effects on inflation, and fluctuations in the global economy. There are numerous ways to invest in gold, …
A Precious Metals IRA Factsheet
If you’re looking to diversify your retirement account, nothing offers a better deal than precious metals. These precious metals do more than just sit idle in your jewelry box, in their physical form. They’re an excellent form of investment for your self-directed Individual Retirement Account (IRA) making your investment portfolio diverse and less risky. This is …
The Stock Market, and Exchange Rates: How Precious Metals Serve as a Hedge Against Both
Investors are increasingly gravitating toward investing in precious metals and for a good reason. While all other forms of investments falter in a time of financial crisis, precious metals don’t. The material and market value of precious metals hardly succumb to inflationary pressures or fluctuating exchange rates. Here’s an overview of how investment in precious …
4 Ways to Boost Your Retirement Savings
The golden rule for retirement planning is the sooner you start to save and invest, the better off you will be. According to the Centers for Disease Control and Prevention (CDC), the average U.S. life expectancy is 78.6 years. If you’re currently on the other side of 50 and are still in good shape, chances are …
Your Savings Account isn’t All That Safe: Why Gold Offers a Better Alternative to Savings Accounts
When it comes to saving, there’s no dearth of saving and investment options available to individuals. But everyone has the right to decide which option best suits their requirements. With almost 47% of Baby Boomers facing the retirement crisis, there are approximately 34 million retired citizens looking for a reliable way of securing their savings. Under-their-mattress savings …
A Guide to Different Kinds of Self-Directed IRAs
In a self-directed IRA, investors have greater control and can utilize their experience and knowledge to make smart decisions. It grants the investor the ability to diversify their retirement portfolio by investing in more than just mutual funds, bonds, and stocks. With self-directed IRAs, you have the option to invest in private market securities, real …
Precious Metals Vs. Cryptocurrency? Where Should You Invest Your Hard-Earned Money?
If you’re an active investor, you know the struggle of getting better returns. The goal behind these investments is to protect your hard-earned money and increase it for a better future. But what’s the best place to invest in? Precious metals are generally considered a long-term option, whereas cryptocurrency is emerging as the latest trend …
