Investing
It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.
Robert Kiyosaki
Investing is an important skill for becoming prosperous. Those who learn to make their money work for them tend to enjoy more flexibility with their time besides having more opportunities to travel, spend time with family, and do other things outside of punching the clock.
This section of Prosperopedia.com contains tips, advice, news, and other information about investing.
Whether you’re just starting out in your adult life and career and wondering what’s the hype about the 401k, a seasoned veteran planning for or enjoying retirement, or a parent or grandparent showing your posterity the ropes when it comes to following the updated version of the trail you walked, we hope you get the investing education you’re looking for here on Prosperopedia.com.
Investing in Precious Metals: Gold Versus Silver
In the world of investing, diversification is a cornerstone principle. This is where precious metals, such as gold and silver, come into play. They have long been considered reliable stores of value and are often turned to as a hedge against market volatility, economic crises, and inflation. But how do these two heavyweights stack up…
Top 10 Precious Metals Used as Investments
Precious metals have been sources of storing and trading value throughout extended history. Until the 1971 departure of the United States monetary system from being backed by gold, the value of our money was historically tied to the value of an ounce of gold. However, when the US Dollar was taken off the gold standard,…
Introduction to Cryptocurrency
As you think about the various elements of prosperity and building wealth, having stewardship over things (ownership) that have value is fundamental to being prosperous. Cryptocurrency is a digital representation of value, and it serves the same purpose as traditional money, including serving as a store of value and a medium for exchanging value. As…
Brett Bartlett, Dynasty Toys, Amazon Sales, and Face Masks: What I Learned From Interacting With a Scammer
Update: September 15, 2022 This article is about Brett Bartlett, a professional scammer (pictured to the left, the dorky one in the back with the big cheesy smile that says, “I’ll be your best friend while I steal money from you”) who goes from one scheme to another defrauding people while pretending to be a…
Dave Ramsey’s Financial Peace University
If you listen to talk radio much, you’ve most likely heard of Dave Ramsey, the radio personality who talks about money, debt, budgeting, investments, and related topics Monday through Friday each week. His show is broadcast on over 500 radio stations throughout the country to an estimated audience of over 6 million people on a…
Whatever Happened to Bitcoin Classic?
For those who have followed the creation an development of cryptocurrencies over the past decade, you’ve noticed the rise of several different versions of cryptocurrencies following the lead of Bitcoin, the first cryptocurrency released with a decentralized ledger. While most of the news in the cryptocurrency world has focused on the goings on of the…