With Gold At an All Time High
With Gold At an All Time High, This Gold Company is Still Insanely Cheap
Notes From The Field By James Hickman (Simon Black) February 10, 2025
And almost on cue, gold is at another all time high today and rapidly closing in on $3,000 per troy ounce.
It’s not hard to understand why.
We’ve been talking about this for quite some time— foreign governments, central banks, and even some large foreign corporations now are trading their dollars for gold. And that’s going to have some unfortunate, negative consequences for the US.
10 Money Rules To Build Life-Changing Wealth
10 Money Rules To Build Life-Changing Wealth, According to Ramit Sethi
Diana Kelly Levey GOBankingRates Sun, February 9, 2025
You probably have a few money rules that you made for yourself, like setting a budget when you go clothes shopping, never looking at the menu prices when you eat out or setting aside a certain percentage of your income for savings.
Podcaster, author and financial guru Ramit Sethi isn’t shy about voicing his thoughts on money, particularly when it comes to “money rules.” In a video from his YouTube Channel, “I Will Teach You To Be Rich,” Sethi dove into his top 10 money rules for building life-changing wealth.
7 Money Habits That Can Make or Break You
7 Money Habits That Can Make or Break You
Credit.com Yahoo! Finance/Thinkstock -
Why do you keep buying things you can’t afford? It makes no sense: it’s not rational. Nobody wants to be in debt.
The answer is simple: debt problems are emotional, not rational. Debt results from unconscious habits and attitudes that cause you to spend more than you can afford.
In other words, everyone knows the first law of finance is to spend less than you make. That is how you stay out of debt. Unfortunately, knowing what to do and actually getting it done are two different issues.
How to Buy Gold at Just $1,500 an Ounce
How to Buy Gold at Just $1,500 an Ounce
Notes From the Field By James Hickman (Simon Black) February 5, 2025
In the late 1990s, the Internet was brand new... and sizzling hot. And most people thought it would bring radical change to the world, practically overnight.
This is a common theme with disruptive technology. Enthusiasts often overestimate the impact of new technology in the short run, and underestimate its impact in the long run. Such is the case with AI today.
10 Money Questions I Was Too Embarrassed To Ask
10 Money Questions I Was Too Embarrassed To Ask | Biggest Finanical Mistakes | How To Increase Earnings
Last Updated: August 16, 2022
At age 18 I took out a HUGE college loan… and wasted the leftover money on beer.
At age 19 I got my first credit card… and promptly missed the first payment.
At age 22 I bought my first truck… with an insane interest rate.
Now you may have been born with a degree in finance… but I wasn't – I had to learn everything through the school of hard knocks. And I was too embarrassed to ask for help. If I could go back and tell my younger self what to ask… these would be the 10 questions.
This Trade War Might Be The Straw That Breaks The US Dollar’s Back.
This Trade War Might Be The Straw That Breaks The US Dollar’s Back.
Notes From the Field By James Hickman (Simon Black) February 3, 2025
It was early spring in the year 1171 AD when Byzantine Emperor Manuel I Komnenos decided to go to war against his much smaller ally-- Venice. And the historical record shows that it was a really bad idea.
The Byzantine Empire was still a vast and powerful state by the late 12th century. But it was becoming obvious to anyone paying attention that they were in serious decline.
The Byzantine treasury was almost always empty. Imperial debt was piling up left and right. Byzantine borders were constantly being invaded by Muslim hordes. And the imperial coin-- the gold solidus-- was beginning to fall out of favor as the dominant currency for international trade.
This Will Likely Be A Really Big Deal For Gold
This Will Likely Be A Really Big Deal For Gold
Notes From the field by James Hickman (Simon Black) February 4, 2025
Well that was fast.
The smoke had barely cleared on the opening salvo of the Great North American trade war, when all sides called a truce to talk out their differences.
Just as we wrote yesterday, this is exactly what I was hoping would happen. In fact, in a Zoom call that Peter and I had Friday with our Total Access members, we predicted this outcome: that the trade wars were just an elaborate show to demonstrate to the world that America is willing to make good on its threats, and force everybody to the negotiation table.
6 Tips To Save Retirees From Financial Disaster
‘Automatic Millionaire’ David Bach: 6 Tips To Save Retirees From Financial Disaster
Ellie Diamond Sun, February 2, 2025 GOBankingRates
Money expert David Bach, author of “The Automatic Millionaire,” has dedicated his career to helping people achieve financial freedom. His philosophy centers on making smarter money decisions that keep your assets safe.
1. Save More as You Get Older
When CNBC asked Bach in 2018 how much money people should have in retirement savings, he pointed readers to Fidelity Investments’ age-based roadmap. This guideline suggests that a 30-year-old should have one year of their starting salary in savings, then twice their starting salary by age 35.
7 Mental Money Traps That Keep You Poor
7 Mental Money Traps That Keep You Poor
Crystal Mayer GoBankingRates
A recent study shows that over 60% of Americans are living paycheck to paycheck. If you are like one of the millions of people struggling to find financial stability, you might be stuck in the wrong mindset. Avoiding certain mental money traps can help you adjust your spending and start saving for your future.
Creating a budget and sticking to it can help you achieve your financial goals, but you will also need to rethink how you spend money. Prioritizing your spending can help ensure that you have money left over each month to invest. If you are tired of seeing a miniscule balance in your checking account, reconsider these 7 mental money traps that keep you poor.
7 Experts Share Their Best Money Advice for Kids
7 Experts Share Their Best Money Advice for Kids
Financial Pilgrimage
There are a million things to worry about when raising children. Often, teaching our kids about money doesn’t rise to the top of the list. If your kids are anything like mine, they care about video games, dolls, sports, and many other things.
There is a push and pull when raising money-smart kids. As parents, we want to provide our kids with the best life. Sometimes that means giving them the toy we always wanted as a kid but could never afford. It feels terrific when your kid is happy.
6 Life-Winning-Lessons From a “Who Wants to Be A Millionaire” Contestant
Who Wouldn’t Want to Be a Millionaire: 6 Life-Winning-Lessons From a “Who Wants to Be A Millionaire” Contestant
By Financial Imaginer
What would you do if you received a $ 1 million jackpot? How does it actually feel to receive a windfall? What to do with it and how could it impact your life in the short, medium and long run?
Let’s first think about what you could possibly do with a large financial windfall?