Should you buy a certificate of deposit? Can a banks' CD help you save your money and beat the inflation? In this video, I'm sharing with you my opinion. They say that it doesn’t make sense to buy certificates of deposit, because they (CDs) cannot beat the inflation. That’s right, that’s correct. But let’s imagine the following situation. I have ten thousand dollars. I don’t need this money right now. But I know that I will need it in a year, in three hundred and fifty six days. What should I do with this money? What can I do with it? The most common advice: never hide your money under the mattress. Well, I agree with this advice, because I could be robbed, or there could be a flood, a fire… And what’s even more dangerous, inflation… Yes, two-three percent is not too much. But I don’t want to lose that two hundred or three hundred dollars. Money must work for you. We all know that. Another advice: Invest in the stock market. Make ten percent. In a year you will have eleven thousand dollars. That's possible, but the opposite situation is possible as well. Look, I don’t want to make ten or five percent on money, I already invest in the stock market and contribute to my retirement account, I just want to be able to use my money in a year. Bitcoins? No comments here. A savings account. Bingo! But there is a little problem with savings account. Too low interest rates. And too much additional features. For example, I can withdraw my money at any time. It’s like a pocket. I don’t need my money in thirty or one hundred days, I will need it in one year. So, the best solution for me is to go to the bank and buy a one-year certificate of deposit, or a CD, which stand for certificate of deposit. This is going to be the best choice for me, better than investing in the stock market, better than buying gold, silver, cryptocurrencies, better than savings account because of a higher interest rate. My goal is not to make, double, triple or invest this money, my goal is just to be able to use it in a future. And I know exactly the day when I will need that money. What are some benefits of buying a certificate of deposit? The first benefit is that my money is insured by FDIC - the Federal Insurance Deposit Corporation. If my bank goes bankrupt, I will get my money back. That’s great! Higher interest rates. Yes, I know and I agree that two or three percent won’t beat the current inflation rate, but additional two hundred - three hundred dollars is quite enough for me. No additional features and options, like I cannot withdraw my money earlier. But I don’t need this option. If someone has some amount of money, and they don’t need this money right now, but they will need it in future, I believe, that buying a certificate of deposit is a smart investment choice. For some people buying a CD, if they understand why they do that, and what their goals are, might be the best solution to save money. For others, who, for example, want to start their investing journey, and don’t know where to start from, it might be not the best solution, because I do agree that CDs don’t beat the inflation. It depends. Let me know your opinion about Cds, do you buy certificate of deposits, do you invest in Cds? Maybe there are some other more profitable and more secure options, what do you think about a “bonds versus CDs” battle? Let me know your opinion in a comment section below this video, and don’t forget to get your free gold investment guide that will help you learn how to diversify your investment portfolio with precious metals. Subscribe and see you in the next episode! Source: https://youtu.be/I6_Tl15t2uw http://FreeGoldGuide.org - protect your wealth with precious metals! Disclosure: I am not a financial advisor, I don't have a clue what you sould do with your money.
Views: 11817 Joyful Investor
Should you buy bitcoin now, in 2018, or wait? Good day, ladies and gentlemen! Today I want to share with you thoughts on buying bitcoin today, in 2018 when all people on Earth, maybe not all people, but almost every single internet user already knows what it is. So, what’s the main reason why people buy bitcoin? The main and the only reason is that it was the easiest way to make money - easier than investing in the stock market, easier than buying real estate property, and of course easier than starting a small business and working your butt off. Had you invested 100$ five years ago, today you would be self-made, this is really important, a self-made millionaire, not because of luck, but because of your curiosity! And there are a lot of people who did that. I was one of them, I purchased bitcoins at $100, sold them a year ago at $200, I thought it was great to make 100% per year. But now I understand how stupid I was. So, five years ago, three years ago, a year ago it did make sense to buy bitcoins in order to sell them at a more expensive price. But what about today, what about 2018? In my humble opinion, the most important service for an investor, or for a person who wants to speculate a little bit is not Investopedia, blogs or youtube channels of successful investors, but Google Trends. Google Trends reflects what keywords people are searching for on a daily basis. And if you go to Google Trends and search for “bitcoin”, “buy bitcoin” or something like that, you’ll see this picture. You see? It’s not about price, it’s about popularity. It makes sense to buy bitcoin, or other cryptocurrencies, or another asset before the crowd, the general public gets interested in buying it. The price is always driven by demand. You can do your homework, and check if this popularity tracks and reflects, maybe not tracks and reflects but correlates the price? And you will see that it does. Do you see how popular bitcoin was? Can you predict the next peak? So, from this, sociological point of view, I don’t believe that the price will increase tenfold, twenty times or one hundred times this year, or in the next year, or in five years. There is always a limit, a sky for a certain asset, for a stock, for real estate. But there is another, more optimistic opinion for those of you who own bitcoin. There is an opinion that bitcoin will eventually be the single global currency. Twitter CEO Jack Dorsey said that. And other people agree with him. One of them is Bill Gates who’s often called the strongest believer in bitcoin. If this becomes real, one bitcoin might be worth $10,000, $20,000, $100,000, $500,000, $1,000,000, even more, the sky is the limit. Because, as you know, only 21 million of Bitcoins can be mined. If every single person in the world starts using bitcoin, it will skyrocket. Will it happen? I don’t know, nobody knows. But the probability exists. Skeptics say bitcoin has no value. But the US dollar, which is the global reserve currency, has no value as well. It has some value because people believe in it, people believe that it has value, in reality, it’s just a piece of paper. The same applies to bitcoin. What’s the difference between a digital dollar and a digital bitcoin? The only difference is that the US dollar is issued, printed and fully controlled by a small private company located somewhere in the United States. And bitcoin is not controlled by anyone. They, the powers that be, might prohibit using of bitcoin in future like some countries already did, they might take it under full control, and they might issue, create their own cryptocurrency. For some reason, I think they will do that. So, should you buy bitcoin now, should you invest in bitcoin in 2018 after that peak? Well, if John is a student, or a kid, or an adult who doesn’t have any savings, I wouldn’t say that it makes sense for him. But if he an investor, if he has some money invested in the stock market, in his retirement account, I believe that even today, in 2018, it does make sense to invest a small portion of his investment portfolio, 1% or 2% in bitcoin. That’s my opinion. Give this video a like if you like it, give it a dislike if you don’t, share it with your friend, post a comment below, and let me know what you think about cryptocurrencies, do you still believe in this bitcoin?
Views: 259 Joyful Investor
http://FreeGoldGuide.org - Get Your FREE Gold Investment Guide! In this video I'm talking about this frightening paper gold versus physical gold ratio. Why do we, the investors, invest in gold, why do we invest in silver, why do we invest in precious metals? The stock market is growing like crazy these days, so why do we need this gold? We all know that it does not produce any income in the form of interest payments or dividends. And you certainly know the answer. We invest in precious metals (physical precious metals, I mean), mostly in gold, because gold is a hedge, a hedge against inflation, hyperinflation, microeconomic risks, macroeconomic risks and so on. So it's always a great pleasure to realize that your investment portfolio, your wealth, you are protected. Paper gold is options, futures, swaps, ETFs, gold certificates and so on. Pysical gold is gold that you can hold. Casey Research conducted a study and found that there is a high demand for gold. So, there is not enough registered gold backing the gold certificates that are currently being sold and traded. And now the most important part of this video, the numbers. At one point there are two hundred and fifty two claims on every one ounce of gold available. One million dollars invested in gold is four thousand dollars invested in physical gold (gold coins, gold bullion) and nine hundred ninety-six thousand invested in paper assets that have nothing to do with real gold. What does this all mean? Well, it means that in most cases, in the overwhelming majority of cases, people invest in paper gold, in promise, in other words, not in real physical gold. And they believe that somehow they protect their savings. How? Paper gold, on the other hand, gold ETFs, for example (which track and reflect the price of gold) also are considered a hedge against inflation and other bad things. There is no need to pay storage fees, there are no counterfeit risks, and buying a gold exchange-traded fund is probably the easiest way to invest in gold. One of the most popular Gold ETFs, by the way, has a ticker symbol GLD. This is how it behaves - just like gold. But! If something bad happens, yes, I am an optimistic person, and I do believe in a bright future, but with all these things like the national debt, the derivative bubble, interest rates panic, we can expect that the next financial crisis will be of a far greater magnitude. Some people, some experts say that the greatest wealth transfer in history is coming. So, this is why we invest in physical gold, in physical silver, in physical precious metals that you can touch, that you can hold and that you can use in case of collapse of economy. Disclosure: I am not a financial advisor, and i don't have a clue what you should do with your money. http://FreeGoldGuide - get your FREE Gold investment guide! Source: https://youtu.be/u99PXFoy-wg
Views: 899 Joyful Investor
In the near future, 1 bitcoin might be worth $12 million dollars. This is what I did, and this is what you can do to calculate this number. Another day I was browsing the Web and I found an information that some well-respected and famous people believe that bitcoin will become the single global currency, like the US dollar today. I do not know if this will actually happen. But since bitcoin is driven by such famous and powerful people, it might happen. We know that there can be only 21 million bitcoins. I’m not going to go into details, but this is what we have to remember. The most important difference between fiat currencies and cryptocurrencies like bitcoin is that the governments can print as much paper money as they can, and this is the main reason for inflation. But there there can be only 21 million bitcoins. So, I asked myself, if there can be, or if there is only 21 million bitcoins in the world, if bitcoin is the global currency, the only currency used by everyone - in the United State, in Europe, in Africa, in this case all the riches on Earth will be worth - how much? 21 million bitcoins. So, what I did is a found Global Wealth Report by Credit Suisse. They did some calculations and found out that the total wealth of the world in 2015 (I don’t think that something has changed fundamentally since then), so the total wealth of the world was and, let’s assume, is estimated to be $250 trillion dollars. Million, billion, trillion. $250 trillion dollars. Now let's do that math. I have to take $250 trillion dollars (this is the total net worth of the world) and divide it by all bitcoins in the world, by 21 million. This result will shock you if you like Twitter CEO Jack Dorsey, like Bill Gates and other influential people believe that bitcoin will become the global reserve currency. Because the result is around $12,000,000. If all fiat currencies go to zero, like they always do, if the US dollar, euro, and all other paper currencies collapse, and if bitcoin becomes the global reserve currency, today’s $1,000,000 will be worth less than 0.1 bitcoins. And if you have 3 bitcoins you will be considered an ultra-rich person. Because today ultra-high-net-worth individuals are defined as having a net worth of at least $30,000,000 million dollars. If you have a friend who has bitcoins, inspire him, send him the link to this video. I believe my research is worth sharing - why not give it a like? It’s free. And let me know in a comment section below, what, in your opinion, is the highest possible price of bitcoin. And do you believe that this can happen in reality? Source: https://youtu.be/v7-QS2q6BT0
Views: 450 Joyful Investor
Is Gold IRA Safe? Should You Add Precious Metals To Your Retirement Account? http://FreeGoldGuide.org - get your free Precious Metals IRA Guide! Safety is our number one priority, isn’t it? Switching to a Gold IRA might be one of the most important financial decisions you’ll ever make in your life. First, let’s talk about gold. You understand the risks, don’t you? Traditionally, maybe not traditionally, but in most cases gold goes in an opposite direction than paper assets. You remember that financial event of two thousand and eight. Stocks went down, all stocks - blue chips, small stocks, gold went up. Traditionally in times of economic turmoil gold goes up. This is why right after that financial crisis gold was considered a very good investment. In two thousand and thirteen, two thousand and fourteen, two thousand and fifteen gold, and precious metals IRA were popular. But today, I am making this video in two thousand and eighteen, gold is not that popular, because, first, gold doesn’t go up, second, the stock market does. So, today people, the crowd invests in the stock market, and diversify a little bit, by investing in bonds. From this point of view, investing in a gold IRA might not be the most profitable opportunity. But gold IRA is not about making money, it’s about keeping it’s purchasing power. So, investors, some investors switch to gold IRA because of safety. What is safety, by the way? Google says that safety is the condition of being protected from or unlikely to cause danger, risk, or Injury. Gold IRA is about being protected from danger, as I understand. And I’ve spoken about that a lot of times in my videos. So, today I'm not going to go into details of the national debt, the derivative bubble and some other things. The idea of Gold IRA is that when the next crisis hits… No one knows when it will happen. But when the next financial crisis comes, and the stock market goes down again, as it did ten years ago, we assume the the price of gold will go up (as it always does during financial shakeouts), and this is how we will protect your savings, how we will save our hard-earned money. From this point of view, gold IRA is safe. What if the crisis doesn’t come, and the stock market continues to grow forever? It’s impossible! Because American already have around twenty five trillion dollars in retirement accounts. And this, I mean this simplicity with which you can easily make ten-twenty percent annually investing in stocks, reminds me of the Wall Street Crash of nineteen twenty nine, also known as Black Tuesday. There is nothing new under the Sun, as the Bible says. What’s happening now, today, has already happened in past. Ninety years ago, companies showed an excellent profit. Hundreds of thousands of Americans heavily invested in the stock market. A significant number of them were borrowing money to buy more stocks. Maybe, today we don’t borrow money to buy stocks, but we heavily invest in 401ks, in Roth IRAs, in other IRAs, which means that we invest in stocks, and in particular in the same stocks people invested ninety years ago. And you know what happened, you heard about the Black Tuesday. But since we are not talking about gold, but about Gold IRA, I would like to talk about yet another event - The Gold confiscation of nineteen thirty three. Literally, it wasn’t confiscation, it was an exchange. Executive Order 6102 required all persons to deliver all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for around twenty dollars per troy ounce. It was not confiscation, as some people mistakenly believe, it was an exchange. The last thing I wanted to talk about is the importance of choosing a well-respected Gold IRA custodian. Because some companies promote home storage IRA, which is a scam, the Internet is crowded with biased reviews of Precious metals IRA companies, because those reviewers get compensated for their reviews. This is my point of view, Gold Ira, if you work with a well-respected company, is quite safe, I might be mistaken, let me know what you think, and don’t forget to get your free gold investment guide in order to learn more about Precious Metals IRA: http://FreeGoldGuide.org Disclaimer: I am not a financial advisor. This video is not intended to be investment advice. Seek a duly licensed professional for investment advice. Source: https://youtu.be/Cy-_we4LHRY
Views: 324 Joyful Investor
http://FreeGoldGuide.Org - add precious metals to your investment/retirement portfolio! So, how much gold and silver should you have in your investment/retirement porfolio? Today most financial gurus say that this number is 10%. I do aggree with them, because I belive that gold and silver will protect my savings against inflation, denomination and other risks. Warren Buffett does not invest in gold, well, he is a smart guy. He purchased silver, by the way, 15 years ago, invested over one billion dollars in silver, but later he sold it. If a person is just starting out, and has no savings, buying gold is not the best choice, I believe. In this case it's better to read something like "The Intelligent Investor" (the best book on investing ever writted, as Warren Buffett says), and purchase stocks. Those you contribute to their 401k and care not only about income and profit but about safety, might consider adding 10% of precious metals (gold and silver) to their retirement porfolio. Serious investor, who already retired or on a verge of retirement mmight rollover their existing 401k, Roth IRA to Gold IRA. In thise case, some people turn 20%, 30%, even more than 50% into gold. There are conspiracy theorists who believe that the next financial crisis will be worse than the last. They prefer to invest exclusively in precious metals, because, they think, gold and silver will protect their savings in case of collapse of global economy. I don't know who is right, who is wrong, in my opinion, it is smart to invest 10% of your money in precious metals (gold and silver). Let me know you opinion, and don't forget to get your free gold investment guide - http://FreeGoldGuide.org Source: https://youtu.be/PPogZB7LABo Warning: I am not a financial advisor. This video is for information purposes only. Seek a duly licensed professional for investment advice.
Views: 1340 Joyful Investor
Banking System SCAM EXPOSED: How Banks Work, How Do Banks Make = Create Money Out Of Thin Air? Ever wondered how banks work, and why banks make so much money? That's because so-called fractional reserve banking (which is basically the law) says that banks only need to have 10% of the money they loan out in their vault. Absurd and ridiculous, isn't it? Yes, banks make money out of thin air, from nothing. This is how banks and other financial institutions create money and control the world! This is banking system SCAM. Why The Whole Banking System Is A Scam. Source: https://youtu.be/pZ1dsRzKU_Q
Views: 121 Joyful Investor
Gold IRA Rollover versus Transfer - Which option makes more sense? http://FreeGoldGuide.org - get your free 401k to Gold ira guide. Should you transfer or rollover funds from a previous retirement account (for example, 401k) into a new Gold IRA? It’s important to understand the differences between these two options. Let’s say, you want to move your funds from custodian one to custodian two. The first and the fastest alternative is a “transfer.” How exactly does it work? You go to a custodian two, or just fill out the form on their website. And they send a request to a custodian one. In a direct transfer, the money flows directly from one IRA custodian to another. This means the distribution check from the old IRA custodian must be made out in the name of the trustee or custodian of the new IRA account that receives the funds. This is something you can do at any time with your existing IRA. The assets go from one custodian to another custodian, that’s why no reporting is required. Transfers may be made as often as you want. The second alternative is a “rollover.” A rollover occurs when “you” receive the distribution from your existing retirement account and then turn around and deposit it in another retirement plan custodial account. In this case, custodian one sends the money directly to you, and you would need to re-deposit the funds into the new retirement plan account. Within sixty days. What is the sixty-day time period exceeds? You would be liable for taxes and penalties on the money withdrawn. You may roll over the same money only once every twelve months to preserve the tax-deferred status of your retirement savings. Which option makes more sense? You decide! Let me know your opinion below. If you want to learn more about these two ways to move your IRA money into physical gold and silver, feel free to click the link below or click this card and get your free 401k to Gold IRA investment guide. Get Your Free Gold IRA Guide - http://FreeGoldGuide.org Source: https://youtu.be/awIpxJJWcyY Disclaimer: I am not a financial advisor. This video is is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Views: 98 Joyful Investor
Let’s talk about precious metals Eligible for Precious metals IRA. http://FreeGoldGuide.org - get your FREE precious metals IRA guide. A one kilogram gold bar - it is worth around forty thousand dollars today. Can you go to Ebay, for example, buy this gold bar, then go to your Gold IRA custodian`s office, and say, hey, I’ve just purchased this gold bar, I want you to hold it in my retirement account. No, this is not how it works. Because the IRS exists. And the IRS approves select precious metals and forms of bullion for our IRAs. The four precious metals allowed to be held in an individual retirement account are gold, silver, platinum and palladium, provided they are in the form of IRS-approved coin or bar products. Since gold is the most commonly purchased of the four, the overarching term "gold IRA" is used most often as industry slang to mean a retirement account containing any combination of precious metals. Other terms such as, "precious metals IRA", "silver IRA", "platinum IRA", or "palladium IRA" are also frequently used. Let’s start with gold, because gold is the most popular precious metal. And the first coin is the American Eagle. That’s really great that you can have this coin in your retirement portfolio, because this is the most popular and probably the most liquid gold coin. Canadian Maple Leaf gold coins. It is a gold bullion coin that is issued annually by the Government of Canada. It’s produced by the Royal Canadian Mint. It is also an extremely popular gold coin not only in Canada, but in the United States and the rest of the world. Australian Gold Nugget coin. It is mInted by the Perth Mint. By the way, all these coins have legal tender status. Other coins that are allowed to be held in a retirement account are Austrian Philharmonic, British Gold Britannia coins, British The Queen's Beasts and some others. As you see, there are no numismatic or collectible coins in this list. Not only gold coins but also gold bars can be held in a Precious Metals IRA. Gold bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirements. Now let’s talk about silver, which, as some well-known personalities say, can be even more attractive investment opportunity than gold. American Eagle, Australian Kookaburra, Australian Philharmonic, Canadian Maple leaf, Mexican Libertad and some other silver coins can be held in your IRA account. And of course, Silver bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirements. Platinum. This is not the most popular precious metal, and some people don’t even know that it’s possible to invest in platinum coins. Yes, platinum coins does exist! American Eagle coins, Australian Koala coins, Canadian Maple leaf coins, Isle of man noble coins - these are platinum coins Eligible for precious metals IRA. And of course, bars and rounds. And the last precious metal is palladium. Palladium coins are not that popular, and some Precious metals IRA custodian offer only palladium bars and rounds. But IRS approves American Palladium Eagle and Canadian Palladium Maple Leaf coins to be held in an IRA. Now, and this is important! If you go to the IRS website, or to Wikipedia, you will see that there are some other approved coins. This is what IRS allows and approves, but this does not necessarily mean that your custodian offers all these coins. But it’s not a problem, because most investors prefer gold and silver. If you want to learn more about precious metals IRA, click the link below this video or click this card and get your free precious metals investment guide. If you have something to add, post a comment below this video. I’m always happy to get feedback from you. See you! http://FreeGoldGuide.org - get your FREE precious metals IRA guide. Source: https://youtu.be/kvCpi-HREKk Warning: I am not a financial advisor. This video is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Views: 151 Joyful Investor
https://FreeGoldGuide.org - request your Free Gold IRA Guide! What is a gold IRA retirement plan? Oh, today is a wonderful day. And since my YouTube channel is about investing, retirement planning, I thought we have to talk about this shiny thing – Gold IRA, because some people say and act like Gold IRA is the way to bulletproofing your retirement portfolio. Is it? Well, let’s figure it out! Ok, if you ever watched a video about investing in precious metals, a TV commercial, or read an article on the Internet, you have undoubtedly heard it said that gold has been known for ages as a symbol of wealth and power. That’s true. So, how do you add gold to your retirement account? A Gold IRA (IRA stands for individual retirement account, I hope you know that), a gold ira is similar to a regular IRA (like 401k or Roth IRA), except it is backed by investments in precious metals. It functions the same as a regular IRA, only instead of holding paper assets (like stocks, bonds), it holds physical bullion coins and bars. It all started in 1997. I don’t know what you think about this gentleman, but what is great is that in 1997 he signed The Tax Payer Relief Act into law. This act made it possible to diversify your retirement savings by adding physical precious metals to your IRA account. So, there is no need to worry whether it is legitimate… Yes, Gold IRA is officially approved and not only approved but recommended by government. What metals can be added to your Gold IRA? The name Gold IRA implies that this metal is gold. Well, that’s right. But the name Gold IRA is a little incorrect. What it really is, is a self-directed precious metals IRA. Not only gold but also silver, platinum, and palladium can be held in your IRA account. It is important to remember that we are not talking about gold mining stocks or palladium ETFs. We are talking about physical precious metals – physical gold coins, bars, physical silver, physical palladium, and platinum. There is a list of IRA-accepted precious metals. Now you can see it on your screen. The IRS states that only metals of high purity can be included in an IRA. In my video about different types of gold coins I was talking about a coin that is worth over 7 million dollars. Collectible and numismatic coins cannot be included in your Precious metals IRA, and rightly so! Now, the question... If you' re following my YouTube channel, you know that I often say “If you can't hold it, you don't own it”. This is, probably, the most important reason why we invest in physical precious metals. So, the question is. Can you switch to Gold IRA and store your gold at home? The short answer is NO. In order to comply with IRS requirements, all IRAs, including precious metals IRAs in our case, must be in the possession of a trustee or custodian. Therefore, physical precious metals in a Gold IRA are in the custody of the trustee or custodian, not the IRA owner. Are you limited to only precious metals in your Gold IRA? No. Your retirement portfolio may contain not only precious metals, but stocks, bonds, and other investments. So, how exactly does it work? Well, there are two possible ways, different ways. The first way is a “trAnsfer”. You can do it at any time with your existing IRA, as long as the assets go from custodian to custodian. In a direct transfer, the money flows directly from one IRA custodian to another. Transfers may be made as often as you want. Another way is a “rollover”. It occurs when “you” receive the distribution from your existing retirement account and then turn around and deposit it in another retirement plan custodial account. So, should you rollover your existing 401k or other IRA to Precious metals IRA? Well, If you are interested, if you want to learn more about it, if you I don’t know. You know it better. But I think that every investor should turn at least a small portion of his investment portfolio into physical precious metals, maybe, 5-10 thousand dollars. The reason why we do that is because adding physical precious metals to your IRA lessen the unpredictability of your retirement and investment portfolio. This video is a brief overview of this opportunity. have some questions, feel free to click the link below this video, or click this youtube card, and get your 100% free precious metals investing guide and learn how to rollover (or transfer from) a previous retirement account (401k, TSP, SEP) into physical gold. Tax-free. Don’t forget to subscribe, and see you, ladies and gentlemen, in the next episode! http://joyfulinvestor.com/get - request your Free Gold IRA Guide! The original link to this video - https://youtu.be/aF9ByK_aLNQ
Views: 92 Joyful Investor
So, what are the differences between assets and liabilities? Most people don't have a clue of what an asset is and what a liability is. In this video, I'm talking about different examples of assets and liabilities. For example, a car - is it an asset or a liability? A luxury car, like a Lamborghini - is it an asset or a liability? Should you buy a Lamborghini if you are an investor? Well, a car (a luxury car) can be an asset. Investments in the stock market are not necessarily assets. If they take a lot of time and energy, they are liabilities. My point of view is a little bit different from what you've learned in books, please rate this video, and share it with your friends. http://FreeGoldGuide.org - protect your savings with precious metals. Source: https://youtu.be/WTSg42exRNw Disclaimer: I am not a financial advisor. This video is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Views: 158 Joyful Investor
http://FreeGoldGuide.org - Add PHYSICAL precious metals to your investment/retirement portfolio. Warren Buffett is the best investor in the world. He's been investing for over 72 years. He hates gold and doesn't invest in gold. Moreover, he doesn't recommend that you add gold to your investment portfolio. Should you follow his advice? I don't! Recently I was browsing the Web and found an interesting information. A few weeks ago at Berkshire Hathaway's annual meeting Warren Buffett talked about a lot of interesting things regarding investing and retirement planning. And he also referred to the question of investing in precious metals. So, Warren Buffett shared two different scenarios. If in nineteen forty-two you’ve invested ten thousand dollars in gold, you would have today approximately four hundred thousand dollars. Not so bad. But, if instead of buying gold you’ve invested in stocks (in S and P five hundred), oh, we, the investors, like, we love to compare investing in gold and investing in stocks, so, in this case, you would have - attention, ladies and gentlemen! - fifty-one million dollars. Only seventy-six years. This is how powerful time is. By the way, seventy-six years - this is how long Warren Buffett has been investing, he purchased his first stock at the age of eleven when he was just a boy. Seventy-six years - and the stock market could have turned ten thousand dollars into fifty-one million dollars, or gold could have turned this amount of money into four hundred thousand. What is better? Fifty-one million or four hundred thousand? Warren Buffett is right. The stock market performs better, not only better but much better. But why on the Earth, does someone - you, me, Warren Buffett - compare stocks and gold, and make conclusions which one is better and more profitable, as if one excludes the other, as if you sign “I am allowed to invest exclusively in the stock market” protocol, or “I will, I must invest only in gold” agreement? Gold, in my opinion, and let me know in a comment section below this video if you agree or disagree with me, so, gold, in my opinion, is not in an investment portfolio to make money. We, the average investors, intentionally invest less of our savings in stocks and intentionally limit the potential upside. It’s not because we don’t want to make more money, it’s not because we don’t want to turn ten thousand dollars into fifty million. It’s because it might be a tragedy to contribute to your 401k throughout your working life, to constantly save ten percent of your income, and to lose thirty, forty, fifty, sixty percent of your assets at the age of fifty-nine because of an unexpected financial crisis or one hundred percent of your assets because of... They write on the Internet that, maybe Warren Buffet secretly invests in precious metals? Absurd? Well, it’s not a very well known fact, but did you know that while gold doesn’t meet his usefulness requirements, as we see, let’s not forget that at the beginning of this century he purchased about one hundred and twenty-nine million ounces of silver at three point fifty to four dollars per ounce. Later he sold that silver at around six dollars per ounce. Gold, silver, physical gold, physical silver offer insurance and protection during market turbulence. And not only during financial shakeouts. You’ve heard it said, that an expectation of a holiday is better than the holiday itself. On the other hand, being concerned about your finances, your money, your wealth is the best way to develop insomnia. I’m talking about something different. The next financial crisis, because of the US national debt, because of the derivative bubble of hundreds of trillions of dollars, by the way, Warren Buffett said that… let me quote him briefly “Derivatives are financial weapons of mass destruction”, so the next financial crisis might be not yet another crisis, it might be something different. Warren Buffett is a great man, he is a great investor. He’s been successfully investing for seventy-six years. How old are you? Chances are, you didn’t exist when he purchased his first stock. He did and he does a great job. What is better for me is not necessarily better for him. What works, or it’s better to say, worked for Warren Buffett in past might not work for me in the future. I am an average person, so I believe it’s crucially important to own something real, something tangible, something touchable, especially if your goal is not to make another billion and impress your shareholders, but if you invest for your future, for your retirement etc. Get your free gold investment guide here - http://freegoldguide.org Disclosure: I am not a financial advisor, and I don't have a clue what you should do with your money. Source: https://youtu.be/jAVPLK37DRw
Views: 590 Joyful Investor
Are 'Home Storage' Precious Metal (Gold, Silver IRAs Legit? http://FreeGoldGuide.org - get your free Precious metals IRA guide! You’ve probably seen those ads on the Internet promising that you can buy physical gold, add it to your IRA and store it at home. This sounds attractive, but let’s not forget about the IRS. The IRS states that all IRAs, including precious metals IRAs, must be in the possession of a trustee or custodian, not the IRA owner. More specifically, IRS Publication 590 specifies that for all IRAs, "The trustee or custodian must be a bank, a federally insured credit union, a savings and loan association, or an entity approved by the IRS to act as trustee or custodian." You understand what it means, don’t you? Yes, this might remind you of this well-known quote “If you don’t hold it you don’t own it”. And that’s correct, you cannot hold, touch or fondle your gold or silver that you have in your precious metals IRA. So, you still have to trust the government. What’s the conclusion? It’s ridiculously important to work with a reliable and well-respected precious metals IRA custodian. You can buy gold and hold it at home, but you cannot rollover your existing retirement account to Gold IRA and hold that gold at home. http://FreeGoldGuide.org - get your free gold investment guide that will help you learn everything you need to know about precious metals IRA. Source: https://youtu.be/y-A3iAzkz_A Disclosure: I am not a financial advisor. This video is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Views: 30 Joyful Investor
So, how do you build a successful investment portfolio, what does it take to become a successful investor? I'm sharing with you this short yet informative video. Let me know what you think, and what your strategy in building an investment portfolio is!
Views: 244 Joyful Investor