Blog
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Top 10 Mistakes People Make When Handling a 401(k) and Choosing a Retirement Plan
- September 2, 2016
- Posted by: Orkan Ozkan
- Category: 401K
No CommentsAs you entertain the notion of saving for retirement, one of the options that possibly comes to mind is a 401(k) plan. Granted, a 401(k) plan comes with attractive benefits such as tax-deferred earnings, a variety of investment options, and convenience. However, before you hastily choose a retirement plan, desperate to begin saving early for
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What Is Gold’s Real Value In This Crazy World?
Here we go again! The headlines are full of news about the “improving U.S. economy.” But only a person in the depths of an ether binge could possibly believe the nonsense being extrapolated from bogus economic numbers to begin with. ADP announced today that July’s private payrolls were revised up to 194,000 from 179,000 and
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How To Save for Retirement Without a 401(k)
- August 29, 2016
- Posted by: Orkan Ozkan
- Category: 401K
The 401(k) retirement plan used to be a fairly standard benefit offered to employees at mid- to large-sized companies throughout the 1980s,’90s, and early 2000s. The plans served not only as a savings vehicle for retirement but also—thanks to matching employer contributions—as a means of attracting new talent and as an incentive for existing employees
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Pay No Attention To That (Wo)man Behind The Curtain!
- August 25, 2016
- Posted by: Orkan Ozkan
- Category: Government
All market attention is focused on the Fed’s annual symposium, beginning today in Jackson Hole, Wyoming. Seemingly overwhelming concern is being placed on financial information, economic data and interest rate plans scheduled to be released tomorrow, by Fed Chair Janet Yellen. The market’s “company line” appears to believe that an interest rate increase in September
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Why Do I Need a Custodian for a Self-Directed IRA?
- August 22, 2016
- Posted by: Orkan Ozkan
- Category: IRA
A self-directed IRA is one in which the account owner exerts full control over his or her investment choices. Unlike traditional IRAs that are limited to investments in securities such as stocks, bonds, and mutual funds, self-directed IRAs allow the owner to purchase gold, silver, real estate, and other alternative assets. However, self-directed IRAs also
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Lower Oil Prices Adversely Affecting Global Economy
- August 18, 2016
- Posted by: Orkan Ozkan
- Category: Government
As much as lower oil prices are being appreciated at the gas pump, its effect on the global economy is nothing short of cataclysmic. Countries like Algeria, Libya, Nigeria and Venezuela depend on oil production for their very well-being. The $30 per barrel price we touched on earlier this year nearly bankrupt these countries. The
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The Weird Trend of Eating Gold
- August 15, 2016
- Posted by: Orkan Ozkan
- Category: Gold
Gold is a beloved precious metal that typically takes the form of beautiful jewelry, investment grade coins, or shiny bullion bars. But did you know that it also takes the form of gold leaf, powder, and flakes that may be used to garnish a variety of culinary creations ranging from chocolate cake to caviar? That’s
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How to Start Investing for Retirement Later in Life
- August 12, 2016
- Posted by: Orkan Ozkan
- Category: Retirement
Everyone knows that the best time to start investing for retirement is with your very first paycheck from your very first job. This allows you to take advantage of every year of savings, tax-deferred growth, compound interest, and matching contributions from employers that you’re eligible for and to build your retirement nest egg to its
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The Rise In Popularity Of Gold IRAs
- August 8, 2016
- Posted by: Orkan Ozkan
- Category: Gold IRA
The gold IRA is gaining in popularity not only in the United States, but around the world. The UK’s Royal Mint is taking notice — gold bars are now going to be eligible for retirement accounts in UK. One reason for the change is the number of UK residents purchasing gold for retirement purposes is
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Tips on How to Start Saving for Retirement from Senior Citizens
- August 4, 2016
- Posted by: Orkan Ozkan
- Category: Retirement
Learning how to start saving for retirement is a journey often fraught with confusion. Unless you’re a financial expert, it can be difficult to decide on the right investment strategy. One way to work towards your objectives and make saving for retirement easier is to learn from others who’ve “been there, done that.” Senior citizens
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Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!