Retirement
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How Long Will $1 Million Last in Retirement?
Considering the country’s growing debt, this has become a very popular question and the answer most assuredly depends on where you plan to live while spending it. GoBankingRates just compared and reported on the best and worst states to spend your golden years. The study looked at all 50 states and considered average expenses for
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Increased Retirement Contribution Limits May Be Too Late To Help Baby Boomers!
As the U.S. government slowly awakens to the reality and ramifications of a $21 trillion national debt and the ‘Borrowing from Peter to pay Paul’ accounting practices that have both Social Security and Medicare in danger of an undeniable need for emergency attention, it was announced on Thursday, November 1, that the maximum amounts of
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Why Is A Gold IRA Such A Brilliant Idea Right Now?
A Gold IRA is always a brilliant idea, but right now it shines even brighter, due to the fact that our long-in-the-tooth bull market is in the latter stages of a death rattle. While the stock market is within reach of another all-time high and at the same time, on the verge of a total
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Unstoppable National Debt Increase
This chart indicates that gold got ahead of itself during the depths of the recession, but then overcorrected, causing its value to fall just as far downward in 2015 as it had swung up in 2011. Now gold is rising again in relation to the debt. If it gets back to its historical tendencies, gold
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Controlled Correction Or Commencing Collapse?
Friday and yesterday’s stock market losses were a long-overdue correction at the very least and out of the gate this morning the market will have you believe that’s exactly what it was, a correction and nothing more. With the Dow up more than two-hundred points already this morning, investors are eager to get back on
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Bitcoin 101: Should You Invest?
Thinking of investing in Bitcoin? Before you pull the trigger, make sure you understand what it is, how it’s traded and the inherent risks involved in a cryptocurrency like Bitcoin Boiling down the question “what is bitcoin?” goes something like this – Bitcoin is simply a peer-to-peer digital payment system that bypasses traditional intermediaries –
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Bitcoin Compared To Traditional Investments
Your investment portfolio should be diverse to ensure stability, but does Bitcoin have a place on your balance sheet? Let’s look at the world’s most popular cryptocurrency versus traditional investments It’s been awhile since the investment world truly had a revolutionary player. After all, the NYSE was founded more than 200 years ago, today’s highest
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How Gold Can Help You Retire
While gold might traditionally be thought of as jewelry or coins, it is actually a viable retirement savings vehicle! You can invest gold into an IRA and can even convert your employer-sponsored 401(k) into a Gold IRA. Let’s look at some of the basics of investing for retirement, including the differences between a 401(k) and
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A Year Ago This Week
The U.S. election for President occurred a year ago this week. An army of economic analysts proclaimed that if Trump were to be elected President, the stock market would go into shock and collapse. At this point, it’s pretty clear to see that these trained analysts might be better equipped to simply report, rather than