Little Known Hacks I Learned Making My First Few Million
Amid the economic uncertainty caused by the pandemic – including stock market volatility and fears of a recession – gold is rallying. According to CNBC, gold prices surpassed $1,800 per ounce last year and are only expected to rise.
For many experts, this means that now is a great time to invest in gold. But how should you get started? Below, check out this beginner’s complete and easy guide to investing in gold. [Read more…] about A Beginner’s Quick and Easy Guide to Investing in Gold
There are 28.1 million Americans invested in real estate, and for good reason, too. Investing in real estate is a vital part of having a well-balanced and profitable investment portfolio.
You might be thinking, you have to be fairly wealthy to invest in real estate, right? Like loaded. Here’s the cool part — that’s not true.
How much money do you need to invest in real estate? Let’s find out. [Read more…] about The Truth About How Much Money You Need to Invest in Real Estate
How is it that most of the world’s richest individuals accumulated their wealth through investing and not from active (earned) income?
The simple answer is that the effects of inflation erode the value of money year-over-year, so investing is an absolute must. Plus, a person is limited by their time, while investments can be infinitely stacked and work for you while you sleep.
Are you ready to start your investing journey? Keep reading to learn about 15 common types of investments and how they work. [Read more…] about 15 Types of Investments (And How They Work)
Has the pandemic made you nervous about your long-term investments? Over the past year, the Dow Jones Index reached record highs fueled by low-interest rates and government stimulus money. But, how long will these “sugar highs” last?
Thanks to historically low mortgage rates, the real estate market blossomed into a seller’s market. While real estate and stocks can be strong investments, it’s not unreasonable to want to sink your money into something more stable—like silver.
Interested to learn how to invest in silver, like a pro? Let’s dive in. [Read more…] about How to Invest in Silver (Like a Pro)
Why is a 401(k) a bad idea? Why don’t rich people use them? And seriously, are they worthy of being called a scam?
There’s more than a few reasons that I think 401(k)s are a bad idea, including that you give up control of your money, have extremely limited investment options, can’t access your funds until you’re 59.5 or older, are not paid income distributions on your investments, and don’t benefit from them during the most expensive period of your life (child-rearing years).
Did I also mention that your 401k account value may plummet—it happened in 2008 and could happen again. [Read more…] about Why 401K’s Are A Bad Idea