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Myths You Need to Know Before Investing in Gold and Silver

When it comes to investing in precious metals, gold and silver are the two topmost options. For centuries, gold and silver have been two solid investments that catch the interest of investors. There is no doubt in the fact that both gold and silver reap higher profits. But before you decide to invest in gold and silver, make sure you know about some myths we often hear.

Myths about gold

Keeping Retirement Savings Safe with 401(k)

It’s been more than a decade since the 2008 economic downturn occurred. Even though the market is a lot more stable, retirement savings are still at risk. Especially if you have invested in stocks within your 401(k) account.

To protect your retirement savings from the burden of economic collapse, you need to know a few things:

Is 401(k) Safe Enough to Participate in?

As you become increasingly concerned about your retirement savings, 401(k) plans can be a reliable and safe option to look into. However, you must be questioning if 401(k)s are safe enough to participate in.

Many workplaces offer defined contribution plans and 401(k) is a significant one. If your workplace offers 401(k) plan, participating is a good idea for future tax-deferred savings. If you rightly use your 401(k) plan, you can definitely make the most out of it.