Posts On Financial Guidance

June 28, 2024 |

Gold Price Versus Inflation: Has Gold Kept Up?

race to the bottom

For a good reason, inflation remains at the top of many consumers’ minds. The Consumer Price Index—a measure of the cost of living—recently estimated increases of 3.3% across the board for all items, which means the price of living is more expensive than ever.   Even as companies make a show of reducing their prices, inflation remains a sticking point for many Americans.  However, rising inflation offers a real opportunity for investors to preserve their assets by turning to precious metals. Let’s explore how to hedge... Continue Reading

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June 18, 2024 |

Tips for Investing in Gold During an Election Year

Gold stock

Regardless of your political leanings, election years always bring a little bit of anxiety. That’s especially true of the presidential election cycle. However, federal elections can have lasting consequences for investors, who could stand to lose—or gain—significant value depending on which political party takes power in November.  Trying to figure out what makes the most sense for your money before (and after) the election can lead to lots of questions, including whether it makes sense to move funds in and out of traditional IRAs, what... Continue Reading

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June 18, 2024 |

Devaluation of the Dollar: What You Should Know

lower rates

The devaluation of the dollar is a topic that earns significant attention in worldwide economic discussions, drawing attention from retail investors, financial analysts, and various other stakeholders. The phenomenon has roots in a decline in the U.S. dollar’s value relative to other currencies, but it has wide-ranging implications for the domestic and global economy.  The U.S. dollar’s value influences international trade dynamics and affects your individual purchasing power. That’s why understanding the nuances of a devalued dollar is critical to navigating the financial landscape.  Let’s... Continue Reading

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June 4, 2024 |

What Are Precious Metals Mutual Funds?

You’ve probably done your investor homework on Gold IRAs, but did you know there are alternative ways to invest in precious metals?  Precious metals mutual funds are investment vehicles that pool funds from multiple investors at once. These mutual funds then purchase a diversified portfolio that includes actual precious metals or companies that work in the industry. Unlike other methods of buying physical metals, mutual funds provide exposure to the metals market via a managed approach. This differs from a self-directed IRA, which gives you... Continue Reading

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June 4, 2024 |

What Happens to the Stock Market During Election Years?

Election years are a major concern for investors. The fiscal, foreign, and domestic policies of presidential candidates and parties can have a profound influence on the economy. Financial professionals and retail investors alike keep a close watch on their policy leanings. Many adjust their investments accordingly. But are election years good for the stock market? The past few election cycles can give us a good idea of what might change. But, like anything else, the answer is more complicated than you’d expect.  Let’s explore what... Continue Reading

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January 27, 2024 |

The Benefits of Investing in Precious Metals

You have more choices than ever for growing your money as an investor. So much so that the options can feel overwhelming.   While most investors turn to stocks, mutual funds, exchange-traded funds (ETFs), and high-yield savings accounts as their primary drivers of wealth, there’s another option you may not have considered: precious metals.  Why consider investing in precious metals? Here are just a few reasons:  Precious metals are valuable because they’re scarce.  Precious metals often have uses in industrial processes, which helps preserve their value. ... Continue Reading

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November 15, 2023 |

Platinum vs. Palladium: Which Is the Better Investment?

Deciding between platinum and palladium can be tough.  Anyone who has bought fine jewelry can attest to the natural beauty and allure of both.  But for investors and industry, palladium and platinum serve different purposes, appeal to different types, and may achieve goals on different timelines.  We will explore the characteristics and uses of each metal and discuss their pros and cons. What Is Palladium?  Palladium is a shiny, silver-white precious metal.  It is part of the platinum group metals, which includes platinum, palladium, rhodium,... Continue Reading

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October 15, 2023 |

What is Cryptocurrency?

You’ve undoubtedly heard the stories.  Some detail massive rags-to-riches gains. Others sew  tales of woe and speak of back-breaking losses. Whether fueled by facts or hyperbole, one thing is certain. Cryptocurrency is everywhere. What started as a practical solution for peer-to-peer transactions is now a worldwide phenomenon.  But what is crypto, exactly?  Consider this guide as a crash course in cryptocurrency for beginners. What is Cryptocurrency, and How Does it Work?  Cryptocurrency is digital currency used for speculative investment and as a method of payment. ... Continue Reading

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October 15, 2023 |

How to Invest in Cryptocurrency

Fortunes have been made and lost on cryptocurrency.  From turning a few bucks into millions to losing an encryption key that would unlock life-changing money, it seems everyone has a story. The world has gone crypto crazy.  This guide will educate you on how to invest in cryptocurrency.  We’ll give you a few key considerations to ponder before diving into crypto investing.  In the end, we simply hope to help you make an informed decision.  Let’s get started.  What is Cryptocurrency?   Cryptocurrency is a... Continue Reading

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October 15, 2023 |

Digital Money 101

What Is Digital Money?   Digital money is an intangible, electronic form of payment. Online technological infrastructure ensures that payments are accurately transferred and properly accounted for.  The internet has made the world smaller. With a push of a few keystrokes, buyers on one side of the world can easily purchase goods and services from sellers on the other side of the world.  Digital money not only makes the process possible. It makes it easy. How Does Digital Money Work?  There are several different types... Continue Reading

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