Kiyosaki’s faith in precious metals stems from his distrust of paper money, especially in an inflationary environment. Earlier this year, he warned of “hyperinflation” in the U.S. that could leave “millions, young and old” financially devastated. (4)Silver has also been on the move, recently topping $47 an ounce — edging closer to his earlier projection.His call on gold has already played out. Prices surged in 2024 and continued climbing through 2025, recently surpassing his $3,700 target. In May, Kiyosaki ...

Key Points Over the last several years, Bitcoin has evolved from a speculative opportunity trading for pennies to the most in-demand crypto asset. Dogecoin trades at a similar value relative to Bitcoin's early days, igniting speculation that it's about to take off. Bitcoin and Dogecoin are set up differently, and mainstream adoption between the two coins has a wide gap. 10 stocks we like better than Dogecoin › Like traditional markets, the cryptocurrency space has its own hierarchy of assets. At ...

Billionaire Tim Draper is a well-known believer in Bitcoin who thinks retailers will one day accept only Bitcoin payments. Draper's belief in Bitcoin isn't limited to mere words. His strong advocacy for the cryptocurrency is reflected in his multiple interests. As a veteran venture capital investor, he has invested in crypto companies like Coinbase (Nasdaq: COIN) and Robinhood Markets (Nasdaq: HOOD). People HODLing, not spending Bitcoin Draper appeared on Bloomberg Television's "Open Interest" show on Se ...

Core Insights - Celebrity investor Suze Orman suggests that utilizing only Roth retirement accounts is the best strategy to avoid high taxation on Social Security benefits, which she refers to as a 'tax torpedo' [1] - The taxation of Social Security benefits can affect a significant portion of beneficiaries, with up to 85% of benefits taxable for single filers earning above $34,000 and married couples above $44,000 [2] - The Committee for a Responsible Federal Budget (CRFB) warns that proposed changes under Trump's administration could lead to a 33% cut in Social Security benefits by 2035, impacting the financial security of retirees [4][13] Taxation and Social Security - For individuals with provisional incomes between $25,000–$34,000 (single) or $32,000–$44,000 (couple), 50% of Social Security benefits may be taxed, affecting 40% of beneficiaries [2] - The average monthly Social Security Administration (SSA) payout is currently $1,862, highlighting the importance of planning for potential benefit cuts [4] Financial Advisory Services - Platforms like Advisor.com and RothIRA.org offer services to connect individuals with financial advisors to help navigate retirement planning and investment strategies [3][12] - These platforms provide free consultations and allow users to review advisor profiles and past client feedback, facilitating informed decision-making [3][12] Investment Strategies - The article discusses the potential benefits of investing in gold IRAs as a hedge against market volatility, especially given the rising gold prices, which are currently around $2,870 per ounce [8] - Acorns offers an automated savings and investment solution, allowing users to invest spare change from everyday purchases, which can be beneficial for retirement savings [15][16] Long-term Financial Planning - The CRFB indicates that Trump's policy proposals could accelerate the insolvency of Social Security by three years, emphasizing the need for individuals to research long-term impacts on their financial plans [14] - To reduce reliance on Social Security, individuals are encouraged to consider secure savings vehicles like Certificates of Deposit (CDs) [14]

Main reason you invest in #crypto?• Financial freedom• Technology belief• Hedge against inflation• Community involvement ...