Investing In A Gold IRA

Gold has been an effective hedge against inflation and financial instability for centuries. The precious metal is also valuable for retirement planning because it provides tax benefits when investing in a gold IRA.

It’s not unheard of for people to have several different types of IRAs, perhaps one from another company with better investment options or even multiple Roth IRAs. When you’re ready to open a Gold IRA, here’s what you need to know about eligibility, contribution limits, and other requirements.

A gold IRA refers to an Individual Retirement Account focused on investing primarily in Gold. There are different types of gold IRAs available for investors today. However, not all are created equal. Let’s take a closer look at the pros and cons of investing in a Gold IRA—and what you should look out for before making your final decision.

Miles Franklin Precious Metals could be a good company to help you with your gold IRA. The setup can sometimes be a pain in the butt, so having professional help can be good. Any Miles Franklin Precious Metals review should be able to help you determine if this is right for you.

The first step to opening a Gold IRA is determining whether or not you are eligible. The requirements to open a Gold IRA are the same as those for any other type of IRA, with two exceptions.

The first difference is that investors must be at least 18 years old to open a Gold IRA and have earned income to contribute. This means you cannot open an account for your child or minor and add them as a beneficiary.

The second difference is that the maximum contribution limit for an individual is $6,000 instead of $5,500 for other types of IRAs. However, the amount you can contribute does depend on your tax status and income level. For example, if you are not eligible to participate in an employer-sponsored retirement plan such as a 401(k), you may be able to contribute more than $6,000 per year. If you earn more than $117,000 per year as an individual or more than $185,000 per year as a married couple filing jointly (in 2018), you will be subject to higher contribution limits based on your adjusted gross income (AGI). For example, suppose your AGI exceeds $133,000 per year (single) or $196,000 per year (married filing jointly). In that case, the contributions caps increase by $1 for every dollar over this limit until the maximum allowed at age 70½ ($3,400 in 2018). Finally, if you are over 50 years old when starting the account, you can contribute an additional $1,000 per year.

If you are eligible to contribute to a Roth IRA and would like to do so, you should be aware of some differences between traditional and Roth IRAs. First, the contribution limit is significantly lower than the limit for a traditional IRA. The maximum contribution is $5,500 per year or $6,500 if you are over 50 years old when starting your account. However, contributions to a Roth IRA are made with after-tax dollars instead of pre-tax dollars as with a traditional IRA. This means that your money grows tax-free and will not be taxed upon withdrawal in retirement, provided certain conditions are met. You can find out more about these conditions here.

The third difference is how withdrawals from these accounts work at retirement age. Withdrawals from a traditional IRA are not subject to income tax until you retire; however, escapes from a Roth IRA are subject to income tax and 10% penalty tax if certain conditions aren’t met (such as withdrawing more than what has been contributed). The fourth difference is that there is no requirement for minimum distributions (RMDs) upon reaching age 70½; therefore, you have the option of leaving your money invested in the account until the death. If RMDs apply and distributions must begin at age 70½, they can be made in equal installments over five years or in the form of one lump sum payment – whichever is more beneficial to you.

The final difference is the tax treatment of contributions. Contributions to a traditional IRA are made with pre-tax dollars and, therefore, can be deducted from your gross income in the year they are contributed. Contributions to a Roth IRA are made with after-tax dollars; therefore, no deduction is allowed.

The most significant advantage of a Roth IRA is that withdrawals at retirement age will be completely tax-free. The most crucial disadvantage is that you must pay taxes on your contributions upfront; however, if your marginal tax rate at retirement age is lower than when you were contributing, this would be an advantage. The most significant advantage of a traditional IRA is that you get an up-front tax deduction for your contribution; however, if your marginal tax rate at retirement age is higher than it was during the time you were contributing, then this would be a disadvantage for you.

As you can see, there are several differences between Roth IRAs and traditional IRAs. The most crucial difference is in the timing of taxes. With a traditional IRA, your contributions are tax-deductible, but you will pay taxes on withdrawals at retirement. With a Roth IRA, your contributions are not tax-deductible, but you will pay no taxes on withdrawals at retirement.


Is Dean Graziosi Legit?

Dean Graziosi may be a familiar name/face on TV to most Americans, but for those who are wondering who have no clue who he is, Dean Graziosi wears many hats. He is a real estate investor, an entrepreneur and business mogul, a TV show host, a coach and a motivational speaker. However, the most outstanding roles which have brought him into the limelight are his business empire and his New York Times best-sellers, among them ‘Be a Real Estate Millionaire’ and ‘Millionaire Success Habits’.

He has inspired many with his successful real estate business which has a human touch to it. His advice is not only applicable to real estate, but offers tips and tricks for anyone hoping to run a successful business. Many readers of his books have testified to having been challenged and enlightened by his insights which resonate with the readers. He is an embodiment of the results of hard work and determination.

According to an interview he had, he filled us in on how he grew up poor and got himself a job of fixing cars, while juggling this with school work. He did it diligently, not because he was crazy about fixing cars, but because his family was really poor. What’s striking is that he has carried forward this quality from childhood, into his successful businesses, despite being dyslexic. See Dean Graziosi on Podbean if you want to checkout his podcasts.

On the not-so-rosy flip side, there are those who don’t really buy what Dean Graziosi is selling. These controversies have painted a negative picture of how Dean acquires his wealth. He has been called a fake guru of the real estate industry. Some critics have termed his childhood story of poverty as unverifiable and even fabricated. The Federal Trade Commission (FTC) named Dean Graziosi as a false, unrealistic and unethical telemarketer and has filed a $400 million lawsuit against him for real estate fraud and deceptive marketing.

He apparently sells false and overly inflated dreams to desperate people, promising them success with little to no input. In detail, Dean together with others, manipulated clients into thinking that they could make a kill out of flipping houses and convinced them to sign up for exorbitant training courses on real estate. Who wouldn’t jump at this opportunity? See some of his books on Good Reads.

Dean falsely claimed to reveal some well-kept secrets on how to make it big on return of investment in the real estate world, during the advertised seminars. He used this seminar platform solely to further market his training courses and packages. The FTC found out that the clients had spent more money on the training courses and packages, rather than on the capital for flipping houses. He also falsely promised clients that they would get offers on discounted prices on real estate properties.

As a shady counterattack, dean put up falsely tagged videos purporting to be of him setting the record straight on the FTC lawsuit, only to find out that the content was miles away from the actual title of the video. Undoubtedly, this is a move by Dean to steer the masses away from consuming content on the skeletons in his closet. Also, this pushes the exposés against him at the bottom of the search results. These actions leave the public gravitating towards believing that the claims against him are true.

In yet another claim, some customers interested in attending his allegedly overpriced coaching program have claimed to be scammed by him as they were not able to get a refund. Allegedly, the reviews about Dean Graziosi’s are fabricated by a marketing firm owned by him which sing praises about his products and services across different websites. This has been spotted as another one of his scams to lure people into buying his training courses and packages. He has also been linked to allegedly use search engine manipulation strategies to prioritize his websites right at the top of the search results.

Dean Graziosi has as many supporters as he has haters. Some of his supporters refute the negative claims and reviews against Dean Graziosi while his haters claim he is a con-artist and question the source of his wealth. However, if the FTC investigations are anything to go by, Dean Graziosi may be a fake guru. Nevertheless, the conclusion is ultimately up to you.


Choosing The Best Web Hosting Plan

When you need hosting services, it is crucial you spend some time comparing the web hosting packages offered by different firms with the aim of identifying the best hosting plan for your needs. It is important to note that you can use a hosting service from the other side of the world. Since there are also local hosting companies, however, you should give priority consideration to local hosting providers. Below are the main factors to consider when comparing web hosting packages:


You want your site to be up and running 24/7/365. This is because you never knew when potential clients will be visiting your site to buy stuff or seek more information about your products and services. If the server of your hosting service crashes, therefore, you will not be able to make a sale or communicate with potential clients. That is why you need to spend some time looking for the most reliable hosting service. The ideal service provider should have a proven 99.99% server uptime guarantee. This is because you want the most reliable web hosting service.


There are some service providers that normally charge a premium for their services, but there are also those that charge competitive rates. Since you have limited financial resources, you will need to obtain quotes from a number of firms and compare them to find the most affordable service provider. Be sure to compare all the prices quoted for all the packages offered by different firms to ensure you can make an informed decision.

Server Resources

Obviously, you have to check the server resources that come with a particular hosting plan. You cannot just subscribe to a plan and expect your hosting needs to be met. The most important things you should check before making a decision are; RAM, storage space, bandwidth, CPU processing speed and power/network redundancies. Packages that are competitively priced and have the best server resources should be given priority consideration. After all, you want to get value for money.

Customer Support

Whenever you experience a problem with the hosting service, you should be able to call the hosting firm to file a complaint so that the problem can be fixed quickly. Therefore, you should give priority consideration to firms that offer efficient customer support in a variety of languages. This includes; Spanish, English, and French among others. The ideal firm should offer customer support in the language you understand.


Different Types Of Web Hosting Solutions

A website is very useful for any type of business. It is necessary to maintain an online presence because now most people access information through the Internet. It is not only an online business that needs a website, even a brick, and mortar business benefits from it. If you want to promote and market your business to more and more people, you cannot do without a website. Once you have decided to develop your company’s website, you will need a web hosting solution. There are different types of hosting solutions for websites.

Free Web Hosting
It comes with many limitations. You cannot have your own domain name. The hosting company will place advertisements on your website. This solution is not suitable for businesses. It works for individuals who want to host only a few non-interactive web pages.

Shared Web Hosting
It is the most affordable hosting solution for businesses. Its drawback is that you have to share the hosting server with many other users. It works well for a small business. Use it for an information website. Avoid using it for an interactive website. It will affect your business if you need a lot more bandwidth, speed, and space.

VPS Web Hosting
Virtual Private Server hosting is slightly better than shared hosting. It is less expensive compared to the dedicated hosting. You get access to powerful solutions with VPS hosting. It delivers consistent performance and faster response. You can deploy cloud projects. It is a flexible hosting solution because you can install and run your own software programs. You get access to your own instance of the operating system. These advantages make it a good solution when you need a powerful server in the midrange.

Dedicated Web Hosting
It is the ultimate in the hosting solution. It is also the most expensive one. When you need the best server resources, a dedicated hosting solution works best. It is suitable for large businesses that cannot take risk of any downtime. A dedicated hosting solution gives you access to full power of your own server. You do not have to share the server with anyone else. Install any operating system and all types of application programs. You are limited only by the storage space allocated to you. You receive 24/7 technical support service which is necessary if you do not have much experience with the technical aspect of web hosting.

While it is always better to use a dedicated hosting solution, it all depends on your type of business, type of website and budget. You cannot use lower configuration hosting solution for a critical business where any downtime can result in loss of business and profits. At the same time, shared and VPS solutions work perfectly well when you do not need a very powerful server.


Choosing The Best Web Hosting Company For Your Small Business

Choosing the best web hosting company for your small business is one of the most important steps in establishing the presence of your online store. Many individuals make the mistake of choosing a free hosting service to host their website. This is dangerous, as it does not allow you to use your own domain name. Apart from this, you should also avoid hosting companies that offer unlimited space and bandwidth for a ridiculously low price. If you go through the fine print of their terms & conditions, you will find that the term “free” applies for average monthly usage. If you require more storage space or bandwidth than that specified in the fine print, the company offering the hosting services will not comply. If required visit online forums dedicated to web hosting to find out the best hosting company for your business. You should also check the purpose of your website. If you plan to host a blog, then shared hosting is suitable for you. However, if you plan to launch an e-commerce site, then you should opt for dedicated hosting. This provides security that your website needs.

Dangers of shared hosting
Companies offering shared hosting at extremely cheap prices will never tell you that they will include pop-up or banner ads on your site. This is how they generate income to compensate for the low prices they charge their clients. How would you feel if visitors to your website found ads of your competitors on your site? Chances are that they might click those ads and purchase their requirements from your competitor. Therefore, settle for nothing less than dedicated hosting for your online store. Apart from this, you should also check whether the host provider has upgrading plans. This allows you to start with a small storage space and increase it by paying additional charges when your business increases. You should also check how many emails addresses the hosting company provides with their basic plan. Make sure that the price includes scripts such as WordPress. The costs of hosting also depend on the operating system of the host. However, this should not pose any problems for you, as you can use the FTP client provided by the host to upload new files on your website and or make alterations to existing ones. If you still have any doubts about how to find the ideal web hosting company, go through the in-depth tips and suggestions at


The Muse Has Hit CinemaD!

Hi everyone! I just got the feeling the urge to write! The muse has taken hold! CinemaD is my pet project at the moment, and even though I am really just beginning my journey, I wanted to take a few minutes to say hello.
I was thinking of beginning to watch old movies that I have never seen. It wasn’t until a college class in the history of cinema that I found myself fascinated by them! So, one of the things I was thinking about was to write about my reactions to movies after I watch them.

Last night I watched “Little Big Man” with a VERY young Dustin Hoffman. I couldn’t decide if it was primarily a drama or a comedy. But, it starts (and ends) with a very OLD character – over 110 years old – recounting his growing up and coming of age. Dustin Hoffman plays the title character, having been given the name “Little Big Man” by a Native American chief whose tribe raises him after his family has been destroyed by the Pawnee (I think it is the Pawnee).

Then, it goes between funny and touching for the rest of the movie. It’s worth watching if you ever have a hankering to see Dustin Hoffman in his early roles. I cannot possibly cover all the aspects of the movie in a simple post, but check out the trailer below. One of the best films ever.