Gold and silver are down BIG, and the dollar is up in 2018. Right now, it feels as if the floor has fallen out from under the precious metals markets and the “almighty dollar” will continue to reign supreme.
It’s tough to find decent yield in an overpriced equities market. That’s why so many people look to us for new ways to boost returns in their portfolio; everyone wants a new method, a new strategy. And while I’m definitely looking at new ideas all the time, there’s something to be said for time-tested strategies that have brought wealth to patient and cautious investors.
When consistent income is your financial goal, you’ve got to seek out passive income streams that will accrue on a regular basis. These income streams can do wonders for your investment account as the wealth accumulates and builds and the compounding effect starts to take hold.
It’s natural to want to “beat the street” and get the winning edge in your investing. Trying to cut corners never works, and hunting for a one-size-fits-all “magic formula” is only bound to end up in financial disaster. You’re better off with proven ideas based on thorough research – the ones that work year after year and decade after decade.