If you are planning to invest in gold-backed stocks, then congratulations because you know that gold is a worthy investment option and you know the importance of precious metals in this world of fiat money.
If you are reading this article, then you have understood that it is better to invest in gold rather than investing elsewhere. But, if you are not yet convinced about how safe and profitable gold is, then you should read this article explaining why gold IRA is the best retirement option you have right now. Many people get confused or get scared about the legal procedures a gold IRA involves. But it is easier than it sounds. All you have … Continue reading “How to Open Your Self-Directed IRA”
Yes, this is the best time to buy and stack up precious metals. Why? The tension between North Korea and The US is at all time high and the US was planning for a preventive war on North Korea which is still on the table.
There are many ways one can invest in gold. When there are many options in front of an investor, it is hard to make a good choice. People often feel ‘taken’ by the gold dealers and make stupid mistakes while investing in gold. This article tries to explain how gold investment works for people from different financial backgrounds. Let’s analyze some of the popular ways in which people normally invest in gold and which is better for you. Jewelry If you are … Continue reading “The best ways to invest in gold”
From past 400 years, inflation has become a major economic problem in every country and of every individual. Inflation is a relative problem, if you live in a country with a good economy, then you don’t have to worry much about inflation. By the end of 2017, the average inflation rate will be around 4% in the developed countries and 4% to 12% in the developing countries. So, if you earn 1000 dollars today in a developed country, then the … Continue reading “How to beat inflation?”
When the US Congress introduced gold IRAs( Individual Retirement Accounts) into the economy, financial experts were not very positive about the future consequences. No one knew either the potential or the profit it would bring to an individual aspiring to have a diversified and solid retirement plan. Just like traditional IRAs, a gold IRA is an account where you can store your physical gold and enjoy the benefits of tax credits and gold prices hikes. Gold IRAs appeal as a better investment option … Continue reading “Gold IRA – The Golden Retirement Option”
The financial world is confusing. It is hard to spend and save at the same time. When you ask the experts, the unanimous answer that comes from them is to not save but invest your income. It is not easy as it sounds. Let’s say you earn 20000$/year. It would be stupidity to put it in a bank and wait for it to grow. Why? Inflation, that’s why.