Precious metals have long been considered valuable investments and are often featured in investors’ portfolios. Savvy investors may invest in precious metals to diversify their portfolios, reduce portfolio volatility and protect assets against inflation. If precious metals may be in your investment strategy, there are a few things to remember. Precious metal investment carries risk […]
Cryptocurrency is a relatively new, exciting investment opportunity. In recent years, the value of cryptocurrency has grown significantly. Cryptocurrency is a virtual or digital token that uses cryptography to control the creation of units and secure their transactions. Cryptocurrencies can be used to purchase a wide range of goods and services. Cryptocurrency is — currently […]
An individual retirement account (IRA) allows you to save for retirement, even if you don’t have a plan provided by an employer. IRAs can offer tax advantages, such as deducting your contribution the year you make them or withdrawing your contributions and earnings tax-free in retirement. A self-directed IRA (SDIRA) lets you take advantage of […]
The cannabis industry is booming, and many people are looking to invest in this burgeoning market. Many have asked us here at Accuplan, “can I invest in cannabis with my IRA or 401k?” The answer is a bit of a gray area, but we’ll try to clear it up for you. Here is what you […]
An alternative investment is exactly what it sounds like: a financial asset that exists outside the scope of traditional investment categories such as stocks, bonds, or cash. You can still use an alternative investment to contribute to traditional investments, but unconventionally, like shorting a stock or arbitraging a stock between two different markets. From cryptocurrency […]
Today, there is more money in circulation than ever before, which means there’s more money to be made. Who makes this money isn’t about luck or having a “secret formula”. It’s all about being clever, and knowing how to make your money work for you. Whether you’re new to the investing game, or you’re a […]