I welcome good advice and assistance. Sometimes, I think that we as Americans have a tendency of thinking we need to “go it alone” in order to truly earn our success. But the truth is that while much can be attributed to a positive attitude and, more importantly, lots...
Is Now a Good Time to Buy Gold? Why You Should Buy Gold Now
The gold market has historically had an inverse relationship to the stock market and has previously performed well in times of recession and rising inflation. This is why, whenever economic uncertainty strikes, people tend to ask, “Is now a good time to buy gold?”...
The Importance of Financial Education During a Recession
Technically, we may already be in a recession. U.S. recessions are officially determined by a nonprofit research organization, the National Bureau of Economic Research (NBER), which defines a recession as “a significant decline in economic activity that is spread...
Welcome to Our 400th “Gold News & Views”!
When I saw that this was to be our 400th edition of “Gold News & Views,” I almost couldn’t believe it. But it’s true—nearly every week, for more than seven-and-a-half-years, we’ve brought you insights into the financial and precious metals news of the day, along...
Taking Time to Celebrate Your Financial Successes
Work hard. Do your research. Be proactive, not reactive. These are all mantras I find myself repeating. But there’s one more manta I find incredibly useful, even if we don’t discuss it as often in our Gold News & Views. Right now, consumers are feeling down and...
How to Help Free Yourself From Financial Stress
Every week, I like to scan the financial headlines. And every week, I see things that could cause Americans a lot of stress. For example, on July 11, 2022, Forbes wrote that a rally in the U.S. dollar “threatens to tank stocks and spark ‘major’ market stress in coming...
Why a Recession Won’t Stop You From Achieving Financial Freedom
Last year around the Fourth of July, I discussed the idea of financial freedom and what that means to me (being able to live comfortably while being free to choose where I put my money). This year, with inflation continuing to put pressure on our wallets and headlines...
What to Do When Consumer Sentiment Reaches Record Lows
There have been times when my kids have felt down about their performance on a school assignment or felt worried about an upcoming exam. Recent headlines have Americans feeling this exact same way. No one can predict with 100% certainty what will happen next to the...
2022 Midyear Financial Checkup: Are You Ready for Another Recession?
Every year, I set aside time to visit my doctor and take stock of my physical health. It’s important to me to make sure that I’m doing what I can to stay healthy for my kids as well as myself. And if my doctor should find any issues, I like the peace of mind that...
What Is the Retirement Risk Zone—And Are You in It Now?
On June 14, 2022, Fox Business reported that “Wall Street’s favorite recession indicator is flashing red.” The same day, AP News reported that an inversion in U.S. Treasury bond yields “raises worries over recession.” For Americans nearing retirement, these sorts of...
The Hard Conversation: What to Do With Your Wealth After You’re Gone
I’m incredibly proud of my children. Watching them grow has truly been exciting, tiring, humbling, and a true blessing. I’m confident that if something were to happen to me, they would continue on a path to success, happiness, and fulfillment in life—and part of that...
Building the Foundations of a Lasting Legacy
For many of us, saving for retirement doesn’t mean just saving for retirement. We’re also looking beyond our own lifetimes and hoping to build a financial legacy that can continue to grow and support future generations. But what does building a legacy look like during...