Because it's never too late to retire early |
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The cryptocurrency market has seen a much-needed recovery in the first half of 2023 after a difficult 2022. The market worth of all cryptocurrencies has surpassed $1 trillion once more, and several of them have bottomed out, suggesting that the crypto winter of 2017 may be coming to an end. Given the wide variety of cryptocurrencies that are now available and that the majority give little to no utility, it is essential to pinpoint the best options that provide stability and development. While the steady influx of new cryptocurrencies claiming to be the next big thing may be alluring, investors should focus on just two. |
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In just the past several weeks, a number of strange events have begun to play out in the world…
- US gas prices are at a record high, and are likely to stay there for a long time...
- Saudi Arabia is now considering accepting yuan instead of dollars in oil sales with China...
- Ukrainian President Zelensky says: "I'm ready for negotiations with Putin, but if they fail... it could mean a third World War"...
- Inflation reached 7.9% in February, and consumer prices are now the highest they've been in 40 years...
- To make matters worse, a plains drought will hinder America's wheat harvest, adding to global supply worries.
Together, all of this is likely setting up what one gold expert believes will result in a "gold storm." | | | | |
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The stock market may feel confusing, but it's essential to understand the basics if you want to invest in stocks. |
The stock trading information that is being broadcast by the media can seem like nonsense if you are unfamiliar with the fundamentals of the stock market. The average investor doesn't understand what terms like "earnings movers" and "intraday highs" mean, and in many situations, they shouldn't. You don't need to be concerned about what these words represent if you're in it for the long haul, such as with a 401(k) account targeted for retirement. As long as you calculate how much you need to invest for retirement, you can manage just well without understanding the stock market. If, on the other hand, you want to learn how to trade stocks, you do need to understand the stock market and at least some basic information about how stock trading works. |
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Use the fear trade to your advantage. |
Prospective investors have a dilemma when considering gold mining stocks. On the one hand, the market and overall economic uncertainty could fuel the fear of trade. If so, there should be a rise in demand for the underlying yellow metal. The Federal Reserve may resume-boosting interest rates, on the other hand. Higher borrowing costs don't exactly help the price of commodities. Fundamentally, although economists had anticipated higher employment statistics in the June jobs data, wage growth remained constant from May to last month. Additionally, the jobless rate decreased from 3.7% to 3.6%. Or, a stronger labor force might persuade the Fed to raise rates. Stocks linked to precious metals that are recession-proof might suffer as a result. However, investing in gold mining can make sense because, as we saw in the first quarter of 2022, gold prices might rise due to fear of instability rather than anticipation of rate increases. Precious metals make sense, given that there is a lot of uncertainty in the post-pandemic atmosphere. These are the gold stocks during the recession to take into consideration if you're concerned about a downturn. |
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| Wheaton Precious Metals (WPM): Wheaton's streaming business offers predictability. |
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| Agnico Eagle Mines (AEM): Agnico Eagle offers a speculative but enticing bullish argument. |
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| Rio Tinto (RIO): Rio Tinto intrigues because of its massive dividend yield. |
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Enhance your portfolio with these high-performing picks |
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Looking for a reliable source of income and returns on your investments? Blue-chip dividend stocks could be the solution. These stocks reflect powerful, sizable businesses with a history of paying out high-yield dividends to shareholders. We highlight three such stocks that stand out from the rest in this post. Blue-chip businesses are frequently the first pick for these payouts due to their substantial market capitalization and reliable reputations. These businesses become an alluring blend of dependability and revenue potential if they also have high dividend yields. |
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The Strategies & Tools You Need To Succeed |
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