How to Invest in Gold In 2021

Investing in gold is not a new concept. However, it is something that seems a bit intimidating to some. If you feel like this, you are in the right place.

Believe it or not, gold investing is not as challenging or scary as it may seem at first. However, you do need some tips to help ensure you make smart investments.

What Does It Mean to Invest in Gold?

Like other assets you may invest in, gold is considered a commodity. However, many people find gold more trustworthy than other assets since it is one of the world’s oldest commodities.

There are a few ways to choose from for your gold investment. Options include adjacent, virtual, and physical gold investments. It would help if you learned about the differences between these investments (along with the potential returns and risks) before buying gold in any form.

Remember, gold’s value can change frequently and quickly. The shifts make gold-based investments a lousy idea if you are concerned with day-to-day performance. Ensure you can handle the “bumpy” ride and potentially risky moments that may occur along the road.

Should You Consider Investing in Gold?

Sometimes, gold can feel like a volatile investment. While this is true, you should not let it discourage you. History has proven that gold typically always goes up in value. Also, when other investments fall, gold often experiences gains.

With gold investing, you can be as hands-on (or off) as you want and adjust your risk based on your comfort level. If you appreciate having physical assets, you can put your hands on it, purchase gold jewelry or gold bullion from a gold supplier based on reviews. However, if you want to diversify your portfolio, consider looking into gold funds, a gold IRA, or shares of a mining company.

Now that you understand the basics, it is time to learn more about your options and the best way to invest in each one.

Investing in Gold Bullion

Gold bullion is real, live gold. You can purchase it in bar or coin form from a brokerage, bank, or precious metals dealer. You can find several sizes of bullion bars, including everything from a quarter ounce wafer to a 400-ounce brick.

If you are a new investor, coins are the most popular option. New issue coins are priced on their gold content, along with a premium of one to five percent, unlike the vintage numismatic coins you may be more familiar with.

For the highest liquidity level, consider sticking with gold coins that are widely circulated, such as the Canadian Maple Leaf, American Eagle, or South African Krugerrand. Regardless of what you decide to buy, make sure you are dealing with a reputable gold seller.

Investing in Gold Funds

While it may seem appealing, owning actual gold can have some hassles – transaction fees, insurance, and storage costs. If you want a more low-cost, liquid entry into the gold market, you should consider mutual funds or exchange-traded funds.

Investing in Gold Certificates

Gold certificates prove, on paper, that you own gold. In the U.S., gold certificates were initially backed by gold. The certificates were worth the face amount in U.S. currency until the gold standard was abandoned in the 1930s. Today, old U.S. gold certificates only have a collectible value.

However, you can still purchase gold certificates from banks with physical gold. If you do this, the bank owes you the gold, but you do not own it. Instead, you have “unallocated” gold because the certificate represents a certain amount of gold value, rather than actual gold bullion.

Investing in Gold Futures and Options

Are you concerned about risking too much capital? If so, you should consider gold futures or options. Options are just what they sound like, the option to sell or buy gold at a specific price. There is no obligation to sell or purchase, and you do not pay for individual units – instead, you pay a premium for this option. An option is a smart and low-risk method to play the stock market.

Is It a Good Idea to Invest in Gold?

According to many financial analysts, investing in gold is a smart move. It can help provide you with a safety net if a significant global event occurs. Gold may hold its value, and it can even grow in value during stock market downturns. Purchasing gold to diversify your portfolio will help you avoid being too affected by economic instabilities.

It is best to purchase gold as a long-term investment. This is because its dependability will ensure that it holds its value and grows as time passes. Short-term investments are more volatile. You will also find that these investments have returns that fluctuate significantly. Put simply, investing in gold is considered a solid plan and can help to strengthen your overall financial position in the long-term.

When Should You Avoid Making a Gold Investment?

If you decide to invest in gold, there are certain pitfalls for specific types of gold investments. For example:

  • If you buy gold coins or bullion, you have to pay to store them securely.
  • If you do not have the patience or time to wait for your investment to mature, you should avoid investing in gold.
  • Purchasing gold jewelry as an investment takes time and trial and error to get it right.
  • An unallocated gold certificate can vanish if a bank is liquidated.

If these situations do not sound like something that works for you, gold may not be the best investment option.

Is Gold Investing Right for You?

Whether gold investing is right for you is something you have to consider carefully and decide for yourself. The information here provides you with the basics of making gold investments; however, patience is recommended.

You can see long-term returns, regardless of what type of gold you choose, but you have to remember – these are long-term returns. Make sure gold is not the only thing in your portfolio, as diversification will help ensure that you maintain steady gains as time passes.

How To Achieve Anything You Want In Life – 10 Tips By Champion Olympian Inga Stasiulionyte

10 Tips To Achieving Anything You Want In Life – By Inga Stasiulionyte

Goal setting, Motivation

Inga Stasiulionyte was once a champion Olympic athlete.

After an illustrious Olympic career, she wanted to turn her talents to starting a business which was congruent with her experience and love for motivational psychology.

This is her personal aatory of how she overcame she met, and how her philosophies and attitudes towards achievement can be applied to any aspect of life.

I’m no stranger to feeling stuck in life.

I’ve trained with some of the best coaches on the planet during my 20-year sports career, and again when I competed in the 2008 Olympics.

But when I wanted to start my own company, to share my knowledge about motivational psychology and training with others, it wasn’t as easy as I’d thought it would be.

Launching a new business is not easy. You have to give up the comforts of a stable paycheck to delve into the unknown, an unpredictable abyss. A lot of things keep us from making the leap—things like fear and insecurity. And one thing above all the rest: motivation.

When I looked back on my days as an athlete, I understood what was different. I remembered what (or who) made me push myself even when I didn’t want to. The difference was, as an athlete, I had structured days and a coach to report to. Structure keeps us focused and a coach keeps pushing and challenging us.

Thankfully I passed this stage and I founded Onbotraining, an online coaching service that helps people achieve their goals. I decided to collect the lessons I’ve learned along the way and to share them with others, like you, striving to better themselves.

So, here are my 10 best tips for achieving anything you want in life.

1. Focus on commitment, not motivation.
Just how committed are you to your goal? How important is it for you, and what are you willing to sacrifice in order to achieve it? If you find yourself fully committed, motivation will follow.

2. Seek knowledge, not results.
If you focus on the excitement of discovery, improving, exploring and experimenting, your motivation will always be fueled. If you focus only on results, your motivation will be like weather—it will die the minute you hit a storm. So the key is to focus on the journey, not the destination. Keep thinking about what you are learning along the way and what you can improve.

3. Make the journey fun.
It’s an awesome game! The minute you make it serious, there’s a big chance it will start carrying a heavy emotional weight and you will lose perspective and become stuck again.

4. Get rid of stagnating thoughts.
Thoughts influence feelings and feelings determine how you view your work. You have a lot of thoughts in your head, and you always have a choice of which ones to focus on: the ones that will make you emotionally stuck (fears, doubts) or the ones that will move you forward (excitement, experimenting, trying new things, stepping out of your comfort zone).

Inga Stasiulionyte in Monaco

5. Use your imagination.
Next step after getting rid of negative thoughts is to use your imagination. When things go well, you are full of positive energy, and when you are experiencing difficulties, you need to be even more energetic. So rename your situation. If you keep repeating I hate my work, guess which feelings those words will evoke? It’s a matter of imagination! You can always find something to learn even from the worst boss in the world at the most boring job. I have a great exercise for you: Just for three days, think and say positive things only. See what happens.

6. Stop being nice to yourself.
Motivation means action and action brings results. Sometimes your actions fail to bring the results you want. So you prefer to be nice to yourself and not put yourself in a difficult situation. You wait for the perfect timing, for an opportunity, while you drive yourself into stagnation and sometimes even into depression. Get out there, challenge yourself, do something that you want to do even if you are afraid.

7. Get rid of distractions.
Meaningless things and distractions will always be in your way, especially those easy, usual things you would rather do instead of focusing on new challenging and meaningful projects. Learn to focus on what is the most important. Write a list of time-wasters and hold yourself accountable to not do them.

8. Don’t rely on others.
You should never expect others to do it for you, not even your partner, friend or boss. They are all busy with their own needs. No one will make you happy or achieve your goals for you. It’s all on you.

9. Plan.
Know your three steps forward. You do not need more. Fill out your weekly calendar, noting when you will do what and how. When-what-how is important to schedule. Review how each day went by what you learned and revise what you could improve.

10. Protect yourself from burnout.
It’s easy to burn out when you are very motivated. Observe yourself to recognize any signs of tiredness and take time to rest. Your body and mind rest when you schedule relaxation and fun time into your weekly calendar. Do diverse tasks, keep switching between something creative and logical, something physical and still, working alone and with a team. Switch locations. Meditate, or just take deep breaths, close your eyes, or focus on one thing for five minutes.

You lack motivation not because you are lazy or don’t have a goal. Even the biggest stars, richest businesspeople or the most accomplished athletes get lost sometimes. What makes them motivated is the curiosity about how much better or faster they can get. So above all, be curious, and this will lead you to your goals and success.

So what do you think. can you implement these wise pointers consistently?

Are you ready to get anything you want in life? If you do, click here to get started

10 Life Hacks to Be Remarkable And Get Everything in 2021

It’s a new year and a new you. It’s time to drop the habits that hold you back, the traits that bring you down and push you further from your desired success, and it’s time to be remarkable.

2018 will be the year you get everything you want.

One of the things you will discover as you make these small changes in your mindset it just how easy it can be to lose focus and get derailed if we take our eyes off the end goal.

To make it to the finish line with success in hand, you must be prepared to do the following:

  1. Forget Your Competitors

Credit: Lecrajane; Flickr

Measuring your progress against someone else is setting yourself up for failure – we naturally choose people who are already ahead of us, or closer to our goals which immediately puts us at a disadvantage and negative mindset.

To hit your goals this year, take your eyes of others and place them firmly in the mirror back at yourself. We are all running our own races and moving towards different pursuits – you must focus on your own journey. Your unique gifts, limitations, and skills will help you in different ways, and your competitors limitations could be your best assets.

Comparing yourself to others, envying what your peers have, keeping up with the Joneses all take the focus from yourself and do NOTHING to take you on the next step to your inevitable success. Stick to your own lane, run your own race, and keep your focus on your personal goals.

  1. Show Quality

People recognize quality in others. In our work, in our personalities, and in every aspect of our life. We have a natural barometer for quality in others, and are drawn to work with and desire to spend time with people who exude quality. If you want draw positive actions (like a raise or promotion) or people (like a new partner) then you need to demonstrate your quality to others. What can you add to someone’s life? Someone’s team? What kind of results can you bring based on your quality?

Find the easiest way to show your quality over all others, and the law of attraction will bring this positivity back to you in your desired results.

  1. Walk the Walk, Don’t Talk the Talk

Actions speak louder than words -it’s cliché but true. This year DO more and TALK about it less. Remarkable people take their goals and success seriously by DOING a lot more than they TALK about. Demonstrate your remarkable nature by doing – simple. Want to talk to that guy or girl at work? Do it. Want to eat better? Do it. An excuse is a problem, something to be solved. So solve it. Human beings respond to action takers, so do small actions which can wonderful consequences on your self satisfaction.

  1. Pay Attention to The Voices Around You

Credit: John; Flickr

The little voices inside your head, preferably the sane ones, can massively impact how you perceive yourself and how you feel other people will perceive you. Your inner dialogue will tell you things about yourself, and you need to start believe the positives more this year. This inner dialogue will affect your ability to act and either empower your ability to make change or disable that empowerment.

The people around you have just as important an impact. This year, silence the voices that lead to criticism, doubt, or disempower you. Surround yourself with positive people and those who celebrate you with words and actions. You will begin to see yourself through their eyes, and the power of this can affect so many other parts of your life this year.

  1. Your Aspirations Are YOURS

In your journey to personal or professional success and becoming remarkable you will encounter naysayers. People will attempt to take your power away from you, and these people can only do so with the knowledge of your aspirations and goals. They might not understand why you want to shoot for a certain goal, they might not share your dreams or visions of success, and they may even try to tell you that you don’t have what it takes.

Discretion is yours. Share your goals with those who support you, encourage you, and shed light on your darkest times of self doubt. The rest? Consider the benefit of sharing with someone – what can they add to bring you closer to your goal? If nothing, keep them in the dark for now.

People of accomplishment rarely sit back and let things happen, they happen to things.

  1. Avoid Indulgences

No, I’m not talking about the extra slice of cake at the birthday party. DOING things, making this happen, and pushing forward to your goals brings a wealth of positive feelings; but for every action there is an opposing reaction – people who will stand in your way.

Do not give the naysayers the indulgence of taking away your power.

People will try to discredit your actions, or dissuade you from taking that action. Their limiting beliefs cause a hurricane of negativity. You must hunker down and not let their failures limit your power to move forward.

Do not allow them to distract you.

Keep your eyes focused on the finish line and take the next remarkable step towards that line before they try to pull you down.

  1. Hold Yourself Accountable

Credit: Sunsword & Moonsabre Flickr

When you try to identify a weakness in your life, you can often find that there are many problems attached. Problems that may cause this weakness, or problems that have arisen because of it. They can be small problems, like a penchant for sleeping in when you know you should be getting up early (guilty!) or large ones like drinking or gambling to excess. To become a better version of yourself, to become remarkable, and get everything you want – you MUST face these problems.

Do not run. Do not put your head in the sand anymore.

Revolt! Revolt against these habits. Break the bad habits, and replace them with positive ones that empower you, make you feel good, and bring waves of positivity to your day.

It’s hard. It’s a crest and valley of failures, and it these problems are not to be fixed overnight, but the first step can be taken now. What is your first step?

  1. Terrify Yourself

It was Eleanor Roosevelt who coined the phrase “do one thing everyday that scares you” after facing her fear of public speaking when she became the first lady.

When you lay out your goals in front of you, what do you hear inside?

“What if I fail?”

“I’m not good enough!”

“I’m a loser”

“This is going to be too risky”

“I can’t do it”

On the surface, these excuses might seem logical to you. But they are not. They are hallucinations created by your mind to protect you. Your subconscious doesn’t want you to fail and will try to stop you from taking the chances that can move your life forward.

Jeff Bezos, Elon Musk, Mahatma Ghandi, even your neighbor Phil, they all face these exact same internal objections when they want to take the first steps to progress.

You must brush these things off, and go!

  1. Be Honest

Trust is key to all relationships, and even if your goals seem completely solitary, trust from others will be required at one point or another. People will not respect you, and will not see you as a remarkable person unless you earn their trust.

You personality is your brand, and all successful brands are built of the back of honesty.

Making a good first impression and revealing your brand through honest actions and words people will grant the requests that will take you closer to your end goals. People will eventually grant your requests without doubting you. Why? Because they see you as a trustworthy person.

  1. Give

Credit; Ego Flickr

Perhaps the most important of the traits of remarkable people is seen in their propensity to give. Whether material (like gifts) or immaterial (like time, or information) has symbolic meanings. Giving (any type of giving) shows respect, friendliness, and more. What we put out, we receive back to us.

Giving out, brings things in.

The great thing this, this important and quality skill is actually the easiest to practice. Give massive value to your customers, give 100% to your partner, give time to your friends – it’s all very easy to do.

Giving your all to people will make those around your recognize you, and reciprocate. Giving begets respect.

In 2018, choose at least 3 of these steps and start being more remarkable.

Choose your goals, aim high, and take action to get you there.