At the beginning of the year, many financial experts predicted that Bitcoin could easily surge into the six figures by the end of 2021. Things, as we know, have turned out much differently. With Bitcoin falling in price, cryptocurrency’s biggest figures - El Salvador President Nayib Bukele, Tesla CEO Elon Musk, and Microstrategy CEO Michael Saylor - could see their own futures imperiled as their fortunes are tied to the success of the top cryptocurrency.

One of the worst-performing currencies is the Tuirisk Lira which has collapsed 45% versus the U.S dollar over the past year. So what is causing this collapse in the Lira? Here is what is causing one of the most stunning currency crises in recent memory.

During the past year, most of the stock market hype has surrounded a handful of stocks. Perhaps no other stock has received investor attention quite like Tesla (TSLA). That’s not surprising considering that the EV car company’s stock has returned a big 66% in 2021 alone. (Beginning investment of $10,000 becomes $16,633) However, you don’t need to buy into hype stocks to get a great return. Let’s take a look at big oil stock Exxon Mobil Corp. and how it has performed in 2021. 

Real estate investment has been a well worn path to wealth for so many people. From flipping homes to investing in commercial building projects, real estate offers a wealth of possibilities. One of the lesser known real estate investment opportunities are hotels. That’s right. From 5-star resorts to roadside motels, these real estate investments can be reliable income generating machines.

This is this misconception that there has never been a US debt default. However, in 1971, President Nixon enacted a series of actions that forever delivered the value of the US dollar to gold. Since then, we have seen a precipitous decline in the value of the US dollar. Here, we will take a look at the effects of the “Nixon Shock,” what it means to you and how it can affect your future.

For the past decade, cryptocurrencies have become a more important part of our monetary system. In the past couple of years, central banks have begun to take notice. Now, we are seeing the right of what are known as Central Digital Bank Currencies. So what exactly are these CBDC and what do they mean for you?

The year 2021, one financial term has been on the lips of many people from Wall Street to Main Street - Inflation. Recently, it has been reported that consumer prices have spiked 13%. Therefore, many people are under the impression that inflation is all about the increase in prices. However, this is not the case. The cause of inflation is the increase in money supply. Here’s a close look at the difference between inflation and price increase.

If you have a parent or grandparent that was born in Jamaican, then you may be able to apply for Jamaican citizenship. That’s right. Even if you have never even set foot in Jamaica, you can apply for a second citizenship that can offer you a number of advantages. This is known as Jamaican citizenship by descent. Here’s a deeper look on how this concept works. 

If you are looking for a place to live with lots of opportunities and a low cost of living, then Paraguay should be at the top of your list. This landlocked country is home to the world’s larger aquifer and is one of the safest places to live in South America. Not only that, Paraguay provides a rather easy path to permanent residency. Here is a look at how you can become a permanent resident in Paraguay.

When people think about the economic factors that could affect their investments, deflation hardly comes to mind. That’s because most people are fixated on the consistent rising prices. Very few people tend to think about the prospect of falling prices in our economy. However, it is always smart to be prepared during any market condition. Here, we will look at what deflation is and how to properly invest when prices are falling.