Today’s economy is facing many challenges. On a global scale, we’re still reeling from the effects of the financial crisis. In the United States, we’re not currently in a recession. According to business news and economic data, such as the gross domestic product (GDP), industrial production, the stock market, and the job market, the economy…
Investors increasingly turn to precious metals to diversify their portfolios and safeguard their retirement savings. Gold or silver has a history of maintaining its value and appreciating over time, making them an attractive option in volatile markets. This article provides a guide on how to start a silver 401k, explicitly focusing on silver IRAs, which…
Retirement planning is a crucial aspect of personal finance, and there are several retirement accounts that individuals can choose from. Among these, the self-directed 401 k is gaining popularity, particularly for self-employed individuals and small business owners. In this article, we will explore the world of self-directed 401 k, its benefits, and how it works….
It’s natural to feel concerned about the fate of your life savings in the event of a dollar collapse. But rest assured, you’re not alone in this predicament. Many individuals are currently experiencing similar apprehensions, making it crucial to start exploring your future options. Fortunately, certain assets exist that can protect you from a potential…
A safe haven currency is a type of currency that is able to either retain or increase its value even in times of market and geopolitical crises. Some of the major currencies globally that are considered to be safe haven currencies include the U.S Dollar (USD), Swiss Franc (CHF), and, the Japanese Yen (JPY). Whenever…
There are many ways to invest in gold, but there is one way that is by far the most advanced way to grow wealth and allow your precious metals investment take the time it needs to outpace all markets. If you are an avid reader, you probably know our passion for the precious metals IRA….
As gold has a tendency to maintain its value during chaotic times, it can be a reliable safeguard against long-term inflation. Therefore, this secure form of investment is an ideal choice for those who wish to secure their financial future. Investing in gold and various other valuable metals through an IRA can offer a strong…
Safe haven assets are financial instruments that are presumed to maintain or even accumulate value amidst turbulent economic markets. Assets that fall into the safe haven category are either negatively correlated or de-coupled from the economy, meaning that they could gain value during market crashes. These types of assets are worth investing into if you…
There’s no escaping the fact that economic downturns and periods of market volatility are part of the normal cycle of every economy. However, there’s no need to panic. With the right economic research and investing strategy, you can grow your portfolio and profit from certain investment vehicles during a recession. While there certainly isn’t a…
The global pandemic has wrought havoc on economies around the world, and the U.S. is no different. In the wake of lockdowns and economic slowdown, many economists believe that a recession is looming. This article will discuss what a recession is and discuss whether a recession is likely in 2023. What Is a Recession? A…
It would seem that a market downturn in 2023 or 2024 is inevitable considering the current state of the global economy. A lot of economic research has been conducted since we escaped from the clutches of the Covid-19 pandemic and things do not look promising. Many governments are already gearing up for what could be…
Wealth is an incredibly interesting prospect. We’re made to make informed decisions hoping for the best outcomes. I have to think about money market accounts, how much to keep in my savings account, what past performance means to me, and I need to ensure that whatever interest rates I get on my investments are aligned…