Discover the Benefits of a Birch Gold IRA
Gold IRAs are tax efficient retirement accounts for gold investors. Investors can hold physical gold and other precious metals in their gold IRAs. Gold IRAs also allow investors to keep their gold investments separate from their retirement funds. Gold IRAs have several requirements that investors need to meet. For example, investors must have a pre-existing […]
What's the Difference Between a Bear Trap and Bull Trap?
A bear trap or bull trap is a trading setup where the market falls or rallies significantly but fails to continue on its previous direction. This trading pattern occurs most often in a downtrend or uptrend, but can also occur in an inflexion. A bear trap is a type of trading setup in which the […]
Discover the Risks of Bear Trap Investing
A bear trap is a trading strategy used by short sellers and hedge funds to lure investors into buying and then quickly selling at lower prices. Traps are set up by traders to trick investors into making quick trades that result in a financial loss. Traps typically occur when a stock's price rises above a […]
What is the Bar of Gold Weight of Your IRA?
Gold bullion held in a retirement account has a weight of 400 troy ounces. An investor may sell the gold for cash and have the bullion bar delivered to his banking facility. However, investors wishing to hold gold in their retirement account have alternatives. The weight of gold in a retirement account is the amount […]
Learn How to Backdoor Your Fidelity Roth IRA Step by Step
A backdoor Roth IRA is an IRA account with pre-tax or tax-deductible contributions that are intended for future withdrawal. If withdrawal occurs before age 59.5, however, a 10% penalty is imposed on all earnings. A traditional IRA is also an IRA account, but it has post-tax contributions and no income tax deduction. A backdoor Roth […]
Fidelity's Backdoor Roth IRA: Get Your Hands on It
Fidelity Investments, one of the nation's leading financial services firms, has quietly rolled out a new IRA option, the Fidelity Backdoor Roth IRA. This option offers a simple, low-cost way for investors to gain access to a Roth IRA. Fidelity Investments continues to roll out new investment products, including an innovative IRA option called the […]
A Step-by-Step Guide to Backdoor Roth IRA Investing
A backdoor Roth IRA is a type of traditional IRA that can be opened and funded after you've turned 701⁄2 years old. (A traditional IRA is a tax-favored account that allows you to save for retirement on a tax-deferred basis.) Unlike a traditional IRA, contributions to a backdoor Roth IRA are not tax deductible. However, […]
Step-by-Step Guide to Backdoor Roth IRA
A backdoor Roth IRA is a formal process that allows a taxpayer to convert a traditional IRA to a Roth IRA. A backdoor Roth IRA conversion is a formal process that allows the taxpayer to convert a traditional IRA to a Roth IRA. A backdoor Roth IRA strategy involves converting a traditional IRA to a […]
Discover the Benefits of Austrian Silver Philharmonic Rounds
Austrian silver Philharmonic rounds are .999 fine silver. The coins were first introduced to the market in 1989 and feature the image of an Angel playing a double bass, the Vienna Philharmonic Orchestra, and the Austrian coat of arms. These coins are minted by the Austrian Mint and are .999 fine silver. They also feature […]
100 Austrian Gold Coronas for Just $1.20
Austria's central bank, Oesterreichische Nationalbank (OeNB), is offering 100 gold coronas for 100 euros ($121.27). The offer is valid until Nov. 30, 2022. Austria's central bank, Oesterreichische Nationalbank (OeNB), is offering 100 gold coronas for €100 ($121.27). The Austrian central bank, Oesterreichische Nationalbank (OeNB), is offering 100 gold coronas for 100 euros ($121.27). The offer […]