-
8 Reasons Why To Invest in Gold and Silver As Safe Haven Investments
This is my essay on why we should consider gold and silver as part of a hedge investment and portfolio diversification. Also, view this article as a video here and check out Enlight8’s YouTube channel: 1. The Federal Reserve and currency money printing. As it currently stands, the United States national debt is up at $26 trillion dollars and counting. That is equivalent to almost $80,000 for every 329 million 820,000+ plus people in America. To express how big $1 trillion dollars is, if we count 1 number every second, it would take 31,709 years to count from 1 to 1 trillion. Now times that number 26 times. This is…
-
8 Reasons Why You Must Own Gold and Silver In Your Investment Portfolio
1. Gold and Silver are Stores of Value for Thousands of Years. Humanity has always treasured gold and silver due to its beauty, wealth, and rarity. Throughout the annals of history, every civilization viewed gold and silver as valuable and something to be treasured. Man’s wealth and power built around collecting and wielding natural resources always existed, gold and silver have served humanity as a store of this value. The rarity of gold and silver made it valuable as it required work and ingenuity to get it off the ground. Throughout time, gold and silver were used to showcase wealth as ornate decorations or jewelry. As economies developed, gold and…
-
8 Ways to Practice the Art of Stealth Wealth
Our current society revels on excess and ostentatious boastfulness. Social media networks such as Facebook, Snapchat, and Instagram is a platform for everyone to show off what they own and what luxury experiences they are having at the moment. On TV and in movies, we are bombarded with the display of wealth and luxury goods, flashy cars and big McMansions on display. In reality, the person who displays their wealth is often not what they seem. In the book “The Millionaire Next Door,” Thomas J. Stanley and his team studied the wealthiest households in America and found a very, very interesting observation: “Twenty years ago we began studying how people…
-
8 Important Questions To Ask Yourself to Become a Master of Your Money
Asking these 8 important questions will shed light on whether we are masters of our money or we have a lot to learn (or fix) in our personal finance. These questions focus our attention on our current financial state and help us figure out a plan to help become masters of our money. These questions focus our thinking about money and personal finance. By continually asking ourselves these questions, it is my hope that we can accomplish our financial goals. I hope you become masters of your own money by asking these questions to yourself. How many dollars do I earn every…
-
8 Tips To Becoming Smart About Money (and Personal Finance)
Schools mold us to become model employees. Sooner do we start our careers as working professionals do we realize we have no clue how to manage our hard-earned money. Personal finance was never taught in schools. And perhaps our parents were never great role models for good money management. The task of learning about personal finance is left up to us. This is a guide to nudge those who are willing to learn. It is a kick-starter to a journey of self-learning to how to manage money. Did you know: Our day-to-day lives are bombarded with advertisements and commercials persuading us to open our wallets and spend away. Is it any…
