[ad_2] This short claims banks are running out of money. In reality, FDIC insurance covers deposits up to a per-depositor, per-bank, per-ownership-category limit that the FDIC sets, and bank failures are handled through an orderly FDIC resolution process rather than depositors simply losing access...
[ad_2] This video frames a choice between gold and platinum as the foundation of a portfolio. Platinum tends to be more volatile than gold because more of its demand comes from industrial uses like catalytic converters, while gold trades more as a monetary asset -- both qualify for a self-directed...
[ad_2] This short warns that your wealth can legally be taken. Real risks that fit that description include creditor judgments, divorce settlements, and IRS liens. IRAs get some creditor protection under state law, and federal bankruptcy law shields a set dollar amount of IRA assets that the IRS...
The most common costly mistake in backdoor Roth conversions is triggering unintended tax through the IRS's pro-rata rule (IRC Section 408(d)(2)), and understanding it precisely is the real way to avoid it, not a vague warning.The pro-rata rule requires that when you convert any portion of your...
[ad_2] This video touches on a real distinction between gold and assets like bonds or bank deposits: gold carries no default risk, since no issuer or counterparty owes you a payment that could go unpaid. A bond can default if the issuer fails to pay; physical gold simply has no such promise...
