The Top 3 Silver-Backed Cryptocurrencies

Cryptocurrencies backed by assets like precious metals have proven to be popular in 2020. Investors uncomfortable with stomaching a volatile cryptocurrency market often turn to stablecoins to protect investments and hedge against sharp market declines. You can invest in silver cryptocurrencies. The concept of backing cryptocurrencies with assets like gold and silver is nothing new.  Back in 2018, Perth Mint announced the development of a gold-backed cryptocurrency to foster investment in precious metals. Australia’s biggest gold refiner said the decision to create a digital currency came as the Mint noticed a heightened interest in alternative investments.  Fiat-based stablecoins continue to dominate the market. Some crypto projects are launching gold-backed cryptocurrencies to try and capitalize on the bullion’s high price.  But several … Read more

Signs You’re Getting Scammed by Your Online Broker

While the investment industry is full of legitimate people looking to help you make the best investments possible, there are a select few looking to make a quick buck at your expense. You need to make sure that you know the signs to watch for with an online broker to avoid getting scammed no matter what. Here are some of the key signs you need to avoid. No Communication If you are opening an account with an online broker, they are going to be working closely with you to get you the best results. What should be an immediate red flag is an unwillingness to talk to you. They should be happy to speak to you about any concerns that … Read more

Top 3 Common Foreclosure Scams You Need to Watch Out For

In today’s day and age, you have to monitor your privacy and personal identity so diligently. From online identity theft to people stealing your social security number, everything you’ve worked for can be taken in an instant if you aren’t careful. There are many foreclosure scams to watch out for in today’s market. Another target hackers can attack is your home if you aren’t looking out. Homeowners all want to find ways they can stop foreclosure in Michigan and stay afloat with payments on their home, but you have to be vigilant about what resources are out there and how people say they can help you. Common Foreclosure Scams Here are three widely used foreclosure scams that could take you from homeowner … Read more

5 Financial Benefits to Downsizing Your Home

Many families decide to downsize to a smaller property. It’s a great way to cut back costs or reduce the upkeep of a larger home. For others, it’s simply that they don’t need the same amount of space anymore. In fact, according to a survey of families living in larger houses, 60% of people say they’d prefer to live in a smaller place. This is due to a number of factors. Here are five financial benefits to downsizing your home.  Reduced mortgage payments One of the main advantages of downsizing is that you’ll be able to reduce your mortgage payments. Often many people choose to downsize to reduce debt. You could either sell your home and buy a smaller property … Read more

You’re Not Prepared for Retirement Unless You’ve Done These Things

Thinking about retirement is something that some people do a lot, while others try not to give too much thought to what their retirement might look like. Being prepared for retirement is a must if you want your later years to be as comfortable as possible, but it can make people panic if they feel like they’re not able to prepare properly. Retirement will look different for everyone, but each person can prepare in their own way to meet their retirement goals. If you’re getting ready for retirement, there are some key things that everyone can do to be prepared. Work with a Financial Advisor Planning for retirement is something that you can do with yourself, but it’s always useful … Read more

How to Add Value to Your Home Before Selling

With lockdown restrictions lifting in States such as California, the property market is beginning to reopen, meaning the delay is over for those who have been patiently waiting to sell their houses. Lifting however does not mean entirely lifted and there are still hoops to jump through to protect the vulnerable from the deadly virus. You can add value to your house. Remote viewings and offers, for instance, and some removals can go ahead as long as they respect official guidelines. There’s further good news for sellers operating in this climate. The lack of movement on the market has forced property prices up indicating that it’s a perfect time to make a move. Further, enhance the value of your property … Read more