Gold prices have fluctuated from $255 per ounce in September 1999 to $1,937 in August 2020. Gold was selling for around $1,737 per ounce in March 2021.  As a result, there has been tremendous expansion as well as considerable retrenchment. A gold IRA is a type of individual retirement account (IRA) that allows investors to possess physical gold, silver, platinum, and palladium instead of the more common assets that conventional IRAs are limited to, such as cash, stocks, and bonds. Congress established the option of utilising gold and other elements as IRA securities in 1997.

To invest IRA funds in gold, you’ll need to open a self-directed IRA, which is a type of IRA that the investor manages directly and can possess a broader choice of investment items than other IRAs. A gold IRA requires a broker to purchase the gold and a custodian to set up and manage the account.

Individual investors and financial advisors use custodians, which are typically banks, trust companies, credit unions, brokerage firms, or savings and loan organisations that have been recognised by federal and/or state governments to provide asset custody services.

For their IRA clients, they do not choose metals dealers. This is the duty of the investor. Established custodians, on the other hand, may be prepared to offer their list of hundreds of dealers across the country. It can also function in the opposite direction. Some precious metals sellers may suggest an IRA custodian. Consumers, on the other hand, are always free to look for custodians on their own.

Choosing which company to hire is difficult because it is a specialist service that most major brokerage firms do not provide. Before you choose a Gold IRA Company, look for Gold IRA Company Reviews. A few factors were crucial to me as I was doing my homework. These are some of them:

  1. Transparency: Knowing all of your charges up front might help you prevent unpleasant surprises later on, such as hidden fees.
  2. Reputation: Look for a company that has received high marks from objective third parties like the Better Business Bureau or the Business Consumer Alliance. It’s also a good idea to look into what customers have to say about the company, particularly the number of complaints that have been submitted. He was looking for companies that were “educational” and didn’t “push a hard pitch.”
  3. Flexibility: Because each investor’s objectives and goals are unique, it’s best to choose a firm that will tailor its services to you rather than taking a one-size-fits-all strategy.
  4. Qualifications: To protect your investment, only deal with a company that has all of the necessary licences, registrations, insurance, and bonds. Inquire about the validity of such licences and other information.

Gold IRAs are typically classified as “alternative assets,” meaning they are not traded on a public market and require an expert valuation. While gold has a high return potential, it’s easy to get carried away by its glitz. Gold prices might drop dramatically at any time.

The year 2020-21 was a whirlwind, with stock markets soaring more than 80% from their lows in March 2020 through the close of FY21. Despite the epidemic, given the challenges at the bottom of the pyramid, for some, the rising trend in momentum has come as a relief, while for others, it has come as a surprise. Markets, on the other hand, made money for everyone who invested before the epidemic. Fundamentally powerful, volatile, and cyclic – all of these themes have played out in the previous year, but investors should search for equities that are more adaptive and can withstand difficult times if things start to get worse.

A diversified portfolio of high-quality equities can help absorb short-term losses while providing solid risk-adjusted returns. Compounding may also be beneficial if equities are kept for a longer period of time. Patience is the key to being a successful investor. Unless you’re in desperate need of cash, you should let your gains ride. “When we own part of good enterprises with exceptional managements, our favourite holding time is forever,” Warren Buffett correctly states.

Stocks with efficient leverage, greater operational and free cash flows, a good cash conversion cycle, and a great track record of ROEs and ROCEs or stock trend analysis should be prioritised. The equities mentioned below have the ability to weather the storm and come out on top of the other side of the pandemic. With a lengthy runway ahead of them, these three names, if acquired in a basket and held for the long term, may produce good returns for an investor:

  • Larsen & Toubro

L&T has benefited greatly from the many infrastructure plans made in the recent Budget, and the business has demonstrated not just excellent execution but also financial strength and wealth creation throughout the years. Over the previous ten years, the firm has routinely generated ROEs above 14 per cent, with operating margins of over 15 per cent. Despite this, it continues to trade at enticing prices, with a PE of less than 15x, making it a compelling value-buy.

  • Dr Reddy’s 

With the surge of Covid-19 instances and the need for medical assistance, demand for pharmaceuticals has surged, boosting sales of companies like Dr Reddy’s, which has delivered constant net profit growth at a CAGR of 14 per cent over the previous ten years. Pharma companies have been underperformers for several years, but with a lot of tailwinds on their side right now, things appear to be looking up, particularly for this firm.

  • Kotak Mahindra Bank 

During the epidemic, the government made efficient measures to guarantee that companies had access to loans. In reality, in order to provide relief to debtors, the RBI cut interest rates and declared moratoriums. While this was a great start, many institutions were wary and took adequate arrangements to protect their assets. One such bank, Kotak Mahindra Bank, obtained capital at the outset of the epidemic and has been particularly careful in its lending. It has routinely delivered a 20 percent+ CAGR increase in earnings over the last ten years while maintaining the quality of its book.

A portfolio of fundamentally good equities or stocks that show growth on stock trend analysis might help you build long-term wealth. “Usually a lengthy list of securities is not a sign of the intelligent investor, but of one who is uncertain of oneself,” says Philip Fisher. Investors should stay invested and secure in this epidemic if they follow this attitude.


The Binance program is a new way of earning crypto and you do not need to do trading. You just need to invite your friends to join the Binance program or Binance community. Ho here is a guide regarding the way to create, set up, and manage your Binance referral link on your dashboard. 

The Way to Use the Binance Referral Program

Step 1: Create and login into your Binance account.

Step 2: After that visit the user menu in the top right corner and click for the referral.

Step 3: You can click on the link if you do not have a link.

Step 4: By sharing your Binance referral id you get a default referral rate that is twenty percent. This means you will get twenty percent of the fees paid by the friends to whom you referred. Apart from this if you want to share 0%, 5%, 10%, 15%, or 20% amount of your rewards with your friends then you can share it. Those accounts that have a daily average of 500 BNB or more will get an increase in their Binance referral rate up to forty percent. 

Step 5: You can see all the details on the top of the referral page when you will click on generate the link.

Step 6: Now you are fully ready. You can start to invite your friends and trade on Binance.

Step 7: To start inviting click on the invite now. Different image sizes can be chosen to download and share.

Step 8:  You can start inviting your friends through Binance referral id, Binance referral link, or by sharing the QR code.

Step 9: Once the invitees make an account and successfully register and start to trade the referral commissions are calculated and transferred to the account of the respective Binance accounts. Commissions from both parties are it the invitees or those shared with the invited friends will be transferred to your account. 

Step 10: The details of the referrals can be navigated by going through the sections on the referral page. It can be accessed quickly by going to the top menu.

It can be concluded that Binance is among one of the top and largest exchange platforms for cryptocurrency. This program is an excellent way and opportunity to earn some passive income and provides you a platform that is highly profitable to use. The only thing you need to do is share, and boom your income is transferred to you. The guide to using Binance is given above.

Most people have discovered the success that credit unions bring to their businesses. They are moving away from bank services. Credit unions give lower fees and rates. This article will explore the reasons why more people are adopting the credit union way for their businesses.

  1. Value add to the community

Credit unions take care of their local communities by offering them financial assistance. It helps local in growing their small business into empires.

  1. Better rates

Making your own money gives you a taste of financial freedom. When compared to other financial lending institutions, credit union offer the best rates. They also provide more dividends on deposits in addition to their low interests in loans.

  1. Democracy

Credit unions are member-run and member-owned. They only make decisions that are beneficial to their members.

  1. There is nothing to lose

The standard requirement is the location that you reside in to be a member of a credit union. Their services are the same as those rendered by banks. These services include; saving loan, investment options and checking.

  1. Commitment to the cause

Credit unions use the latest technology when giving financial advice to their members. They improve their economic well-being.

  1. They are a one-stop-shop

Members can request loans when they want to;

  • Purchase a home or car.
  • Business loan
  • College fees

They can also benefit from home equity and personal loans, low rates on auto loans and higher returns on savings.

  1. They help you in building your credit score

With easy–to–understand terms and low rates on loans, credit unions have made it possible to build your finances. You will be able to achieve your long-term goals in due time.

  1. Offer excellent customer service

On a scale of a hundred, credit union are ranked at 82. It is according to a survey conducted by the American Customer Satisfaction Index. They offer top-notch services to their members. Member needs are their utmost priority.

  1. They are digitally-connected

Credit unions have adopted the digital banking services way. They use online to pay bills, mobile apps and digital wallets when rendering their services to the members. Texas credit union is known for being digital in its services.

  1. Branch and ATM location

Credit unions are involved in the CO-OP network. They are also known as a shared branch. The network enables members to perform duplicate transactions in other departments. You can also use your ATM without any additional extra charges.

The bottom line

In closure, credit unions offer you all the financial services that you can find in big corporations. If you have been frustrated by unresponsive customer service and long queues, you can consider credit unions. It is the best place to invest your money and see your business growing immensely.

Walk into any credit union in Texas, and gather all the necessary information you need before becoming a member of any credit union. Enjoy all the benefits that they offer.

All of us have experienced some amount of stress in our day to day life. And, unfortunately, it takes place in the most unexpected instances. Stress is often a situation that may be defined as emotional strain due to mentally draining conditions. Anybody in the twenty-first century can relate to the word stress, and there are enormous benefits if you can reduce the everyday stress in your life. Some rewarding benefits of stress management are, the release of feel-good chemicals like endorphins and decreasing the odds for strain and depression-associated illnesses, including coronary heart disease and Alzheimer’s. It will also help control cholesterol and glucose ranges, decelerates growing older, creates mental peace and lowers blood pressure, among many other benefits.

There are numerous advantages of managing stress, so now we’re going to learn a few lifestyle hacks for you to help you control stress in your everyday life. These include:

  • Being prepared for the entire day is a sure-fire way to reduce stress. Make plans for your day before or it starts by each night listing down all of the crucial things you want to do the next day. Or, you can make this list your first job of the morning. Make sure to jot down how much work you can actually achieve. Operating around a routine that retains the balance between private and professional brings a sense of achievement and contentment, which decreases the stress levels.  
  • Undertaking a physical hobby (dance/yoga/outdoor sports) reduces the chances of developing depression and stress. While you exercise for 20-30 mins, your body’s biochemical device releases hormones (endorphins, serotonin and dopamine) that enhance your mood. Staying active is straightforward; whether that’s a simple stroll, jog, gym class or dancing. There is a giant array of alternatives to maintain a dynamic workout regime.                        
  • Making sure that you get the right amount of sleep often is extraordinarily vital. Excellent, first-class rest is crucial as it contributes to emotional well-being. Whilst we sleep, our body builds our immune system, digests our meals, and has numerous vital functions to carry out. If you don’t get the proper amount of sleep, your body may not be capable of performing those functions well. Sleep studies recommend that it’s important for adults to get between seven and nine hours of sleep per night.
  • Interacting with animals has shown to reduce blood pressure  and increase feel-good hormones. When you have a pet at home, social bonding will decrease loneliness. Having a puppy in your house is a significant mood enhancer. These lovely furballs can bring lots of pleasure to a human’s lifestyle. If you feel like your days are getting complicated, get a 4-legged partner for yourself; they’ll genuinely bring joy to your soul. The best way to reduce the stress of taking care of a puppy within the twenty-first century is to quickly sign up for the best pet insurance. That way you can easily take care of the medical expenses.  

The things mentioned above will assist you in leading a healthful stress-free life.

When people hear the word accounting, the first and foremost question they have in mind is accounting all about maintaining records. This is true to a certain extent because there are different kinds of financial records that have to be recorded to value a business. 

But in today’s times, it can be seen that most of the companies are missing out on record keeping and this turns out to be very difficult for the business owners to understand the curve of business growth. There are a lot of benefits of hiring an accountant to keep the track of different business-related transactions. One of the cheapest and easiest ways to maintain transactions record is to have the software. To answer the question is accounting all about maintaining records, one has to understand the importance of the following concepts.

  • Helps to establish bank accounts

The different records of the business could be easily tracked only when it is linked to a separate bank account. When you are having the same account for different purposes of a business, then it becomes very hard to maintain the list of transactions. This is one of the important aspects of maintaining records.

  • Don’t use cash

 It is always suggested to go for digital transactions as maintaining records with liquid cash cannot be easily documented. The digital transaction comes along with the proper proof that can be documented for future references. One could easily forget how and where the cash was spent and the handwritten documentation is mostly not kept in many places in terms of calculating the debit or credit details. Whereas if you have the list of transactions in digital format, then credit and debit details can be easily tracked and recorded  If you have to use an ATM to withdraw cash, then it is also recommended to document the ATM receipt.

  • Tax obligations

Tax filing and understanding all of the tax obligations of your business is very much important for you to file the taxation. If you have a significant number of employees in your organization, then you will have to pay the payroll tax. This particular taxation is also called pay as you earn and you need to pay this every month. Making sure that your business falls in line with the different rules and regulations and compliance auditing is also necessary. The Essex Accountant works on compliance as well. 

If in case, you are not in a position to hire a bookkeeper or an Accountant in Essex, at least go for accounting software that provides features of an online bookkeeping system. From the specifications described, one could easily see that accounting and record-keeping is a huge umbrella term, and there is a lot of work that goes behind running their business efficiently.

There was a time when trading in the financial markets was a novelty for many because accessing them was not that simple or easy. However, things have changed in the last couple of decades due to technology and the internet. These days, online trading is one of the biggest trends and it has become even more prominent after the global coronavirus pandemic. Online brokers play a key role here because they give you access to everything you need to start trading. There are a huge number of them operating nowadays and this can lead to some confusion when you start searching for one.

How do you make your decision? You do it like you do everything else; take a close look at the offerings and then decide if it is good enough. Founded by Cordelino Ltd., one of the brokers in the market is BTC-Trends that has managed to develop a good reputation. Based in St. Vincent and the Grenadines, they claim to provide trading services to traders in different parts of the world. But, you need to assess their offerings before making a decision. This BTC-Trends review can help you in doing so:

Asset Index

The best place to begin when you are looking at a broker’s offerings is their asset index. What instruments will you be able to trade with them? In the case of BTC-Trends, you will discover that they are offering more than 200 trading instruments that belong to some of the leading financial markets in the world. You will be able to trade shares, such as Apple, Netflix, Tesla and Google, or indices like Nasdaq 100 and FTSE 100. They have also added forex currency pairs, such as EUR/USD, GBP/USD and USD/JPY.

If you are looking for less volatile options, you will find that commodities are also available at BTC-Trends and they have added both soft and hard ones. In addition, cryptocurrencies have also been added because they are in huge demand these days. With such options available, you will be able to diversify your portfolio and enjoy maximum returns.

Trading Platform

After checking out their asset index, it is important to look at the trading platform of a broker because it is the primary feature you use for trading. The team at BTC-Trends has opted to provide its clients with a web trading platform they have developed on their own. It boasts state-of-the-art trading technology combined with a simple user-interface, which makes it easy for everyone to figure out how to use the platform. It doesn’t have to be downloaded or installed; you just need to log onto their website to access it.

As far as features and functionality is concerned, traders can enjoy ultra-fast trade execution and one-click trading with the BTC-Trends platform and it is also not lacking in tools. You will find a professional charting package, market analysis, the latest news, price alerts, trading signals and various order types that can help in risk management. You can also find mobile trading apps for iOS and Android ecosystems, which can be used for trading on the go.

Trading Accounts

Another feature that deserves attention is the trading accounts offered by the broker because they determine if you will be able to trade comfortably or not. You will not be disappointed with the five account options provided by BTC-Trends because each of them is catered to a specific type of trading.

The choices are Micro, Bronze, Silver, Gold and Platinum. The Micro account has the lowest deposit requirement at ₮5,000, while the Platinum has the highest at ₮150,000. When it comes to features, you will be able to use video tutorials, daily analysis, a daily account manager, customer support, webinars and seminars and premium analysis, depending on the account you open.


You will also find 24/5 customer support available at BTC-Trends and extensive educational resources for guidance, along with a quick registration process.

At some point in everyone’s life, they will have to choose a bank to use. When looking for banks, it’s important that they offer the products and services that you need. The two major choices of banks you have include local banks/credit unions vs large banks. So which is the better option?

Like anything in finances, it comes down to your preferences. Both big banks and community banks have their pros and cons. So here is what you should think about when looking at large and community banks. 

What Is a Community Bank?

Community banks are banks that are owned and operated by people who live in the community they serve. This is in contrast to large megabanks, which are owned and operated by shareholders who may or may not be actually customers of the bank. Community banks are thus typically more in tune with the specific financial needs of their communities and tend to give a more personalized banking experience than a large multinational firm.

Community banks offer the full range of banking products, including checking accounts, savings accounts, loans, credit cards, and more. There are 5,000+ community banks in the US that collectively manage over $3 trillion in assets. Community banks are especially popular in rural areas where large banks may not be present.

Difference Between Community Banks and Large Banks

The main difference between community banks and large banks is who owns them. Community banks typically serve individuals and the bank itself is owned by the customers that use it. Large banks, in contrast, are owned by shareholders that might include large, institutional investors. Large banks tend to have a bigger presence in corporate lending while community banks mostly lend to individual households.

Pros/Cons of Large Banks



One of the best features of using a large megabank is convenience. Megabanks like Bank of America, Wells Fargo, Citigroup, etc. have branches all over the country and serve 10s of millions of customers. If you are a fan of in-person banking, then these large institutions allow you to find every service that you need, whether it’s home loans, bank accounts, or something else. For example, at Wells Fargo, you can open a checking account, savings account, credit card, and investment account, all at the same place. Having these products and services at the same place is streamlined and convenient.

Lots of Products

Large banks usually have a huge list of banking products with a lot of variations. Large banks provide savings accounts, investment accounts, credit cards, home loans, business loans, and other more complicated financial products. Large banks also usually have extensive ATM networks so you can grab your cash wherever you need it.



Large banks usually are more expensive for certain products. For example, you often have to pay for a checking account. There might be ways to waive fees by either depositing a certain amount each month or maintaining above a certain balance. Genuine free personal accounts are relatively rare though. In contrast, business checking accounts at large banks are often free.

Not Personalized

Large banks have a lot of products but they usually do not engage with the community the way community banks do. Large banking chains are notorious for being very impersonal and “cold” and they do not have an understanding of a community’s needs as a community bank does. Since large banks are owned by shareholders, their interests do not necessarily lie with the customers who use the bank.

Pros/Cons of Community Banks


Personalized Services

Community banks operate in local areas and so have a deeper understanding of a given community’s financial needs. You are much more likely to get personalized services that are responsive to your specific conditions at a community bank. Community banks are also owned by the customers so there is much less of a conflict of interest between customers/shareholders. 

Work with Individuals

Most community banks work with individual households, not large business entities and conglomerates. As such, a community bank is more likely to make a loan to a moderate-income individual for a house, for example, than a large institution.

Lower Costs

In general, community banks offer lower costs on theri banking products. For example, interest rates for a home loan are likely to be lower at a community bank loan than a one from a large lending institution. Interest fees on credit cards also tend to be lower as well.


Very often, community banks might be the only bank that has a physical branch in your location. Large banks do not really have an incentive to set up shop in smaller towns, so sometimes a community bank will be the most readily available option.

Faster Processing

Since community banks do not have as large a clientele as megabanks, there is much less bureaucratic bloat and things can get done faster. That means you are likely to get a loan or other application processed faster at a community bank than a large one.

Cons of Community Banks

Limited Products and Services

Since they are smaller, community banks often offer fewer products and services overall than larger banks. While community banks will have the bases covered and include things like online and mobile banking, you might need to go to a large financial institution to find any specialized products or services.

Smaller Cash Reserves

Community banks may also be limited by how much cash they have on hand. That means you might not be able to get a loan for the amount that you want if it is too high. For example, if you were trying to get a small business loan, your community banks may not be able to supply it if you


Both community banks and megabanks have their pros and cons. At the end of the day, the right choice depends on your needs and preferences. That being said, if you are in the middle of switching from a large bank, we would recommend looking into community banking,


It was a time of booming profits, over-the-top deals, and industry icons. The end result was a swift fall. This is the story of investment banking circa 1900 through 2007.

From the Gilded Age through the Roaring Twenties

In the early 1900s, investment banks were partnerships. Most people relied on them to provide financing for businesses to grow or expand, such as buying machinery and equipment. The firms would then charge interest for this service, which would amount to a nice profit when the business prospered. Investment banks provided other services as well, such as advising companies on mergers or acquisitions and helping companies take their securities public.

Investment banks in the early 1900s.

The stock market soared as well. The Dow Jones Industrial Average (DJIA) rose from 56 to 66 between 1901 and 1908, with the railroad industry leading all others in production gain. There was a huge demand for new securities to buy, which created a heavy demand for investment banks to sell them in order to meet this need. For example, investment banks sold $450 million worth of railroad stocks in 1905 alone—a 200% increase over the previous year’s total.

The U.S. economy was booming to the point where some cities were enough to support their own stock exchanges, and so many of these started up in the early 1900s. New railroads were being built or completed, and the huge demand for investment banks meant that they did a lot of business with them—making even more money. In 1913, investment banks made $4 billion in revenue by providing financing for more than two thousand companies.

Many investment banks were involved in the stock market boom of the early 1900s.

And they weren’t just making money—they were spending it as well. Most of this was focused on buying companies, which reached a frenzy in 1915 when investment banks made more than $1 billion in acquisitions. This had a positive effect for employees as well: starting salaries at firms ranged from $5000 per year at the smallest to $25,000 per year for those with five or more partners.

The big wealth of the Gilded Age did not make it into the years between 1897 and 1920 much. In fact, the Dow Jones Industrial Average was down by a factor of three by 1915. This time period is known as the Roaring Twenties, and it is also when prohibition and jazz music hit their peak popularity.

The Great Depression and Investment Banks: From 1929 to 1999

There were a few years of growth during the early 1930s after the stock market dropped, but this did not last. The Great Depression was just bearable for investment banks because most of them would shortly undergo a restructuring. The business model changed over the next few years as many became a larger holding company that focused on repackaging companies, selling their securities, and then buying other companies.

The 1929 stock market crash eventually led to the Great Depression. Here, people wait in line outside of a bank in 1930.

Need An Investment Bank?

In this article, we covered some of the history and operations of investment banks. But if you need one, check out Chardan Capital today.

Traders are required to cope up with the situation so that they can be able to achieve the main goal. People should not lose confidence as it will help to go forward. Sometimes, the investor cannot be able to keep the brain cool and fail to make the right decision after facing the hard situation. If you cannot be able to control your mind and fail to make a practical decision, it is difficult to stay here. There are some ways of overcoming the tough situation which are being discussed here.

Fix the faults in your system

People should try to improve the strategy so that they can be able to do better. Based on the situation, it is necessary to apply the plan. Traders should monitor the circumstances of the market and modify the plan so that they can get a good result. Sometimes, newcomers become confused with the plan and fail to implement this properly. They should try to trail the roadmap through the demo account which will help to become sure about this. Traders should not depend on a single plan. This is necessary to keep the backup strategy. In the trading field, if you cannot be able to go on the right track, it will not be possible to get good sequels.

Focus on vigorous practice

Without practice, people will not be able to take the right step. Investors should try to improve the skill which will help to do a better performance. This is seen that traders fail to identify the situation because of the wrong implementation of the indicators. Traders should try to acquire knowledge about the different stages of the market. When the person will be able to use the tools and indicators properly, it will be possible to manage the risk and identify the situation. During the practice session, use Rakuten trade platform as they truly cares about their client. By using their advanced platform, the retail traders can easily learn to analyze complex technical data in the market.

Deal with sentimental issues

Investors should be aware of their negative emotional components. Many people fail to go in the long run because of emotions. This is seen that traders cannot be able to deal with the sentimental issues when they face the losing streak. People should try to take proper rest so that they can be able to refresh the mind. Newcomers become overexcited when they face the winning streak repeatedly. During this time, the investor tries to take actions out of the plan. Traders should not work continuously which can create huge problems for them. You should remember that you cannot be able to keep your concentration all the time.

Stick the rules

Discipline will help the investor to do all the activities properly. When the person will be able to stick to the plan, he will not face any severe problems. People change their activities when they see that the market is going against them. Once the person has made the strategy, it is necessary to follow this. Unnecessary changes can create huge problems for the investor. Traders should not try to do the work in a hurry as it can force them to do wrong decisions.

Take the Responsibility

You should take responsibility so that you can be able to make wise decision. People should become serious about trading. If anyone thinks that within a short time, he will be able to make huge money, he is not right. Here, the trader is required to go ahead systematically so that he can be able to do better. People should work hard which will help to become successful.

In Forex market, if the person cannot be able to make the strong position in the beginning time, he will not be able to do well. When the newcomer faces difficulties, he can take help from a professional. This is necessary to think logically before taking any action.