I’m a big believer that in every supposedly negative situation, we can find opportunities to seize. For example, during the recession caused by the COVID-19 pandemic, economic growth slowed, but according to the Federal Reserve Bank of San Francisco, “Households rapidly accumulated unprecedented levels of excess savings,” which it...
retirement planning
Recent retirement planning Articles
U.S. Money Reserve Offers Free Online Learning Opportunity featuring retirement expert Brad Chastain
AUSTIN, Texas, Aug. 22, 2023 /PRNewswire/ -- On August 30, 2023, U.S. Money Reserve will present "Rock-Solid Retirement: 3 Easy Steps to Success," a free webinar and live chat hosted by retirement expert Brad Chastain, former manager of retirement education at Vanguard and current Director of Education for U.S. Money Reserve. A 2023...
Asset Management Firm BlackRock Warns of “Full-Employment Stagnation.”
On August 14, 2023, BlackRock, the world’s largest asset manager, released a two-part blog titled “No take-off, no landing—a tale of two unprecedented shocks.” In it, writers Jean Boivin and Alex Brazier, head and deputy head of the BlackRock Investment Institute, respectively, discuss how the United States may be headed for another...
Americans Owe $1 Trillion in Credit Card Debt. What Happens When It Comes Due?
Debt doesn’t have to be bad. Loans allow many Americans to own homes, drive their own vehicles to work, and achieve higher levels of education. But how much debt is too much? According to information released on July 26, 2023, by the St. Louis Federal Reserve, consumer credit card and other revolving debt has risen to an astonishing $1...
Could Gold Be Set to Reach New Highs in 2024?
“When is the right time to buy gold?” As America’s Gold Authority®, we at U.S. Money Reserve hear this question a lot. But the short and simple answer is that it can always be a good time to buy physical gold depending on your current financial situation and goals. This is because gold is recognized by many as a hedge against market...
What Is Portfolio Diversification?
Portfolio diversification is a personal financial strategy based on the idea that diverse holdings help bring balance and stability to a portfolio. Think of a diversified portfolio like a store that sells both sunglasses and umbrellas. On sunny days, it sells sunglasses. On stormy days, it sells umbrellas. “By selling both items—in...
Experts Say Empty Offices Could Mean Trouble for the Economy
When building a well-diversified portfolio, you can find it beneficial to keep an ear to the ground and an eye on financial headlines. Knowing what may be coming our way—good, bad, or indifferent—creates opportunities for us to reexamine our asset mix and make any adjustments that could support a healthier financial outlook and, perhaps...
What Is Asset Allocation? How It Works & Who Needs It
Asset allocation is an essential component of portfolio diversification that helps mitigate risk and protect wealth. But what all does asset allocation involve? Is it something an individual can manage on their own, or is a financial planner needed? If you already have a portfolio or are putting together a financial plan and want to...
The U.S. Dollar’s Relationship to Gold and Why It Matters
Measured against a basket of other currencies, the dollar is stronger today than at nearly any other time in the last 20 years. But how long will that strength last, and what does it mean for gold prices? A stronger dollar can often mean lower gold prices. A recent article by Bloomberg, published on July 13, 2023, discusses what they...
Why Are Financial Advisors Ignoring Gold in 2023?
And how this harms their clients' portfolio. AUSTIN, Texas, June 13, 2023 /PRNewswire/ -- Many Americans employ financial advisors to help them grow and protect their portfolios. However, financial advisors often only promote products their employers offer and thus miss out on the potential of assets like gold. Many are shocked to learn...
As Potential Competition to the Dollar Increases, So Do Your Opportunities
On July 8, 2023, reports started coming in that RT, Russia’s state-run media outlet, had announced that a bloc of nations known as BRICS (Brazil, Russia, India, China, and South Africa) would be introducing a new trading currency backed by physical gold. The concerns over this new currency, as well as a continued pattern of...
The Latest on a U.S. Recession and How to Help Protect Your Wealth
Once again, we find ourselves in a place of economic uncertainty with no clear consensus about the future. On June 27, 2023, CNN reported that “Americans are feeling far more confident about the economy,” and on June 28, 2023, President Biden said that he “doesn’t think [a recession] is going to come,” citing slower inflation and a hot...