How To Invest In Gold The Right Way

Source: Pexels.Com For a significant portion of history, gold has been used for various purposes by humans. From facilitation of trade to accumulation of wealth and industrial activities, the uses are plentiful. With its limited supply, and burgeoning demand, it is no surprise that it continues to hold its value despite many economic downturns and political events. Tips for Investing in Gold Investing...
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Is a Roth 401(k) Better than a Traditional 401(k)?

roth 401(k)
With retirement planning, there are so many options. Now that there’s increased availability of the Roth 401(k), the question is whether its better than the traditional 401(k). It’s challenging to pinpoint which plan is best. Like most things dealing with money, it depends on your situation. Traditional 401(k) A 401(k) is a retirement investment account that has funds based on stock market...
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Fact Check Finance: Mitt Romney has $102 million in a Roth IRA?

roth ira
I recently saw a post on Instagram shared by a personal finance coach berating anyone not taking advantage of a Roth 401(k). He used Mitt Romney’s $102 million individual retirement account (IRA) as the basis for the statement. Unfortunately, he was misinformed. That’s not a Roth 401(k) First, Mitt Romney has an IRA, not a 401(k), estimated between $20 million and $102 million. Further,...
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How to Spot an Investment Scam

investment scam
Have you ever had someone say they could make you rich if you handed over a few thousand dollars for them to invest? If you haven’t, and someone you know may have been a victim. Unfortunately, investment scams are all too common. What is an investment scam? An investment scam, or investment fraud, is when someone sells an investment asset illegally. This term can also apply to annuities, certificates...
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3 Reasons You Should Start an Investment Club

investment club
If you and your friends have thought about pooling your resources to create an investment club, then you should go for it. I’ve considered the idea but have, regretfully, failed to execute. Maybe it’s because I didn’t fully understand all of the benefits. Here are three reasons you should start your investment club. Share the Wealth and the Risk To begin with, you have access to...
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