4% is a huge fee. On a $100,000 account, that's $4,000 per year. After 10 years, that's $40,000. You can buy a decent car with this much money. It's hard to beat the market when shelling out thousands of dollars every year.
Now, instead of investing long term, you can invest in precious metals as a means of giving you a steady income by investing in a dividend paying mining stocks of a mature mining company. You can also generate income for yourself by writing covered calls on stocks of large mining companies if you own them. This way, you don't have to buy them. You can even invest in Certificates of Deposit (CDs) that are tied to gold and silver. These CDs increase in value when gold prices increase giving you a capital gain.
rate of gold
Of course, these are not the only, ahem, options you have for being successful in trading options. There are some devices you can use to get ahead of other investors...very far if you're smart and plan ahead.
On the other hand, if taxes were dramatically cut, revenue to the government would soar. Sure, you'd get fewer bucks from the small (and dwindling) number of super-rich folks... but you'd suddenly have a LOT more taxpayers working jobs at a LOT more businesses, and people would once again come from every other nation to invest in America, the Land of Opportunity.
Viir Jewelers is located at: 2464 N. Campbell Avenue, just north of Grant Road. They gold and silver investing jewelry in any condition. They are open: Tuesday-Friday: 10:00 A.M.-5:00 P.M.; and Saturday: 10:00 A.M.-3:00 P.M. They are closed Sunday & Monday. Their telephone number is: 520-795-5496.
Can you see what I am saying? No? Well, today, one of those $.50 cents coins with the 90% silver content is worth $5.00. How can that be? I hear you say. Well, they hold there value and always will, inflation will make sure of that. As the Dollar gets less and less, silver & gold will rise and rise. If you buy it now, you can be sure it will rise within in a few years time and keep on gong for years to come.
As time went on prices increased as more of these corner clipped coins entered society. Eventually the government could not clip the corners anymore than they already had so the began mixing the gold with another metal so there were more coins (quarters) in circulation but there value was a lot less than the original 100% Gold coin. Eventually Rome experienced hyperinflation and the empire was destroyed.
The FDIC will soon be unable to make good on bank failure obligations. They will try to raise insurance rates on remaining banks (what they are doing now) but the remaining banks will revolt. Congress will back up the FDIC, but with more fiat money created from nothing.
gold investors There is a lot to know about coin collecting before you start. Numismatic is generally the word for used coin collecting but it is more than that. The origin is the Latin word "Numisma" which means coin. Numismatic includes collecting coins, medals, tokens and notaphily which is the collection of paper money and notes.
What do we do about the inflated food prices? Once again, you should prepare. What are many economists suggesting you do to fight the coming inflation? Buy hard assets like food, and most importantly gold and silver investing. Gold and silver will go up in value as prices go up, so you won't have to worry about losing purchasing power.
Even the most experienced expert traders who have done this professionally for decades often get it wrong. The odds of a non-professional getting it right, on a consistent basis, are pretty slim.
So what is happening is this, the price of gas hasn't gone up, it's the value of the paper Dollar that is going down. Inflation is causing deflation to the paper Dollar. Why? Because the government is printing more and more paper money from their own printing press we call the Federal Reserve, which in turn devalues your Dollar every time they do this.
If everyone in North America could be taught just one thing, this would be it. If we could only get people to make this one financial decision in their lives, we could change North American's lives forever.
Silver has been on the rise for some time now. Since 2000, it has been in a bull market, and the fundamentals prove that silver is only going one way over the next 8-10 years. That way is UP!
Two days ago, President Obama asserted on national TV that "the wealthy" still weren't paying their fair share of our national tax burden. Spending cuts alone, he argued, won't right the sinking ship... we need to soak those stinking rich people even more.
The first thing you should do is start early. You don't want to wait until things are bad. Get a head start on your preparation. So start now. Start by paying off as much of your debt as you can. Pay off your credit cards and only keep a few of them for emergency purposes only. Make it a point to spend only cash. If you don't have the cash to purchase something then don't get it.