The stock market is notorious for its volatility, often resulting in severe declines. The most recent stock market crash occurred in 2020, which caused many individuals to lose significantly large sums of their retirement savings. However, extreme drops in the stock market are nothing new, with other notable crashes occurring in 1929, 1987, 1997, 2000, […]
Gold has been one of the most widely used trade currencies ever since the practice of bartering was first developed. The ancient kingdom of Lydia, situated in modern-day Turkey, was the first to employ gold as a kind of payment. Around the year 600 BC, the nation created its first gold coin. Despite the many […]
In the United States, the median retirement income is about $1,200 a month. While that may seem low to some, a good monthly retirement amount varies according to many factors, such as lifestyle, state, and source of income. We’ve provided some factors to consider when determining a good monthly retirement income. Understanding the Difference Between […]
Gold increases in value. Currently, its price is at an all-time high and is forecast to go up in the years to come. According to BCC Research, the global gold market is expected to make up $189.6 billion by 2022 from $163.9 billion in 2017. So, it’s no wonder that interest in this precious metal […]
Most companies offer retirement accounts, such as a 401(k), as part of the benefits package. Similarly, many individuals may also open an Individual Retirement Account (IRA) if they are not offered a 401(k) through their employer. Unfortunately, unexpected events may occur that may endanger your retirement accounts. Therefore, it is important to know how to […]
The price of a gold coin depends on many factors, including the current price of gold, the purity of gold in the coin, and the coin’s grading. As a result, there are a wide variety of coins and a wide range of prices. Depending on these factors, the price of a gold coin could range […]
If you’re in debt, chances are you’ve thought about if the government can take your 401(k) retirement money. People work hard to invest their money in retirement accounts to ensure security for the future. According to the current legislation, there’s little chance that the government can take your 401(k) account, but this is not 100% […]
Since the 1700s, there have been 62 documented cases of hyperinflation worldwide. That is about one every five years. Over the past several months, the prices of goods and services in the U.S. have been soaring, and many fear that the nation will experience hyperinflation. Fortunately, knowing how to prepare for hyperinflation starts with proactive […]
Most people know that the Pound Sterling, Euro, and Swiss Franc are among the most valuable currencies in the world. The exchange rates of these currencies remain fixed because the economies of the countries that issue them are relatively stable. On the opposite side of the spectrum, some currencies have high exchange rates and fluctuate […]
With the world economy being severely hurt by COVID-19, gold prices shot to record highs in 2021, unprecedented since September 2011. As a result, silver became known as “the new gold.” So, it’s no wonder why the interest in selling coins is growing. But what is the best way to sell coins? This article will […]