A few months ago, the US House of Representative passed the SECURE (Setting Every Community Up for Retirement Enhancement) Act. Subsequently, the legislation is expected to pass in the Senate. One of the main provisions of the SECURE Act is to place restrictions on inherited...
It is that season again when IRA contributions are on many a mind. With the deadline looming on April 15, 2019, to make IRA contributions for 2018, time is of the essence. That said, there are probably some things you don’t know about your IRA...
There is an age old debate going on between the merits of owning gold and silver as physical tangible bullion versus owning gold and silver ETF exchange traded funds. Both sides have their proponents as to which one represents the better form of investing in...
What Exactly is Bitcoin? Bitcoin refers to the now world-famous digital, or crypto-currency, which was only created back in 2009. It was originally developed by (as of yet still unknown) Satoshi Nakamoto, a genius computer programmer who laid out...
This past week and weekend saw the fast-paced implementation of several controversial executive orders from new U.S. President Donald Trump. One of them centered on starting to build the wall in Mexico, while a later Friday one concerned...
Puerto Rico has been in a period of economic stagnation that goes back decades. Along with the decline in GDP, it has also been losing citizens to the mainland, a trend that is causing a decreasing population. High government spending and low economic activity are...
With all of the chaos raging in the global central bank money system and its runaway money printing operations, the majority of the world economies, and the global oil markets lately, it is really not that hard to understand why an increasing number of savers...
Image What is a Roth IRA ? A Roth IRA allows you to protect your savings from taxation just like a traditional IRA. But the contributions you make to this type of IRA are taxed at your normal income tax rate. You won’t be taxed though when...
No matter how successful we become in life, there is always still room for improvement. This applies not only to your investment portfolio and retirement accounts, but also to your monthly budgeting efforts. Fortunately today Robo-Advisors apps are out there which will help you to...
Alternative investments incorporate various types of assets, most of which can be held in an IRA. Holding different assets brings you risk and return diversification, like the old adage says, never put all your eggs in one basket. If you are holding a mix of...
Retirement worries In general people worry a lot about money, of course it depends on your age, the younger you are the more likely you are to be positive about the future and confident you are on track to becoming the next Rockefeller. GoBankingRates' 2015 Life...
What are Secondary Market Annuities? A secondary market annuity (SMA) or secondary annuity (SA) is also commonly referred to as a structured settlement investment. They are the contractual guarantees from the original annuity policy purchased from the original payee. The original annuities mostly come from favorable...
Credit Spreads creeping up again High Yield credit spreads are the difference in the cost of borrowing for low rated companies compared to the Government. Also more simply known as the Yield on so called Junk-Bonds, they act as an indicator of how the markets perceive risk....
Bitcoin has received an enormous amount of press and media coverage since it first appeared on the mainstream financial radar several years ago. The gold community for the large part - have been unimpressed. Most of these concerns revolve around the value of bitcoin in...
The Affordable Care Act was one of the biggest and most controversial laws to pass in decades. This bill, commonly referred to as Obamacare, completely revamped the American healthcare system. Despite fierce Republican opposition, it looked like this bill was firmly set in place.Everything changed...
Placing physical bullion into a tax-advantaged retirement vehicle, like a self-directed gold IRA, can be a powerful option for many retirement savers. After all, one thing we’ve learned over the past 10 years is that the United States government can jeopardize its own currency --...
More and more investors are turning to self-directed IRAs to protect and grow their retirement assets. The past several years have also seen a huge increase in the amount of attention and literature about such types of IRAs. Why is this?It wasn’t so long ago that...
As you may know, precious metals IRAs offer investors several primary advantages – it protects their savings from devaluation due to inflation, offers the ongoing opportunity to grow their savings as the precious metals appreciate in value, and it provides an avenue in which to invest in...
Saving for your retirement and properly investing your savings is not always as straightforward as it may seem, as there are numerous plans and options to be considered. The most popular type of retirement account is a 401(k). However, another popular option that is sometimes...
Let’s say you’ve already added precious metals to your IRA. (First off, congratulations!) Maybe you understand the preliminary details of how IRAs work, but there is a lot more to IRA rules than meets the eye.We spend a lot of time on this blog discussing...
