While purchasing stocks, bonds and exchange-traded funds (ETFs) can help you prepare for retirement, you may want to consider investing in precious metals as well. Taking this action can help diversify your portfolio and act as a hedge during periods when the overall economy is volatile. What Precious Metals Should You Consider Buying? People have used precious metals as a store of wealth for centuries. Silver, gold, and platinum are the three most popular precious metals you can buy … [Read more...]
How to Outpace Your Competition as a Struggling Business
The failure rate for new businesses is a lot higher than most people would like to think. The number of companies that failed during the pandemic was even higher. This is due to the phenomenal challenges that they had to endure. Many factors contribute to the problems that businesses face. A study from US Bank showed that 82% of business failures were due to cash flow issues. However, this study omits a lot of context, because many issues can lead to cash flow problems. An … [Read more...]
Minimizing Your Vulnerability to Online Security Risks [Infographics]
Got a problem? The internet probably has a solution for it. People today refer to the internet for most of their needs. This increased reliance on the internet leaves them prone to online security risks. Hackers and other criminals on the web are always looking for their opportunity to attack. Millions of people around the world fall prey to security threats while browsing the internet. But you don’t have to be another statistic. There are plenty of proven ways to stay one step ahead … [Read more...]
New Business: 4 Priorities When Starting to Avoid Failure
Entrepreneurship is the lifeblood of any capitalist economy. In the United States, there are 627,000 new businesses every year. Unfortunately, not all of them survive. An estimated 595,000 businesses shutdown each year as well. There are a number of reasons that many new businesses don’t last. In other posts, I have mentioned that 82% of businesses fail due to cash flow problems. However, the statistic is not particularly useful, because there are countless reasons for cash flow … [Read more...]
5 Industries Using Trucking to Keep the World Supplied
Semi-trucks and trailers are used to keep the world supplied. They haul all sorts of goods daily that consumers and businesses need. Most people aren't aware of how important trucking is to supply everything they buy. Without semi-trailers: The shelves in stores would never be stocked. Farmers couldn't transport their fruits, vegetables, meat, and other goods after harvest or slaughter. Construction companies wouldn't have the supplies that they need to build homes, offices, … [Read more...]
