The Rich Life Roadmap TeamThe Rich Life Roadmap Team


Gold’s Tumultuous Journey

The U.S. job figures released last week had a tumultuous effect on gold prices. The July unemployment rate hit a record low since the pandemic hit last year. While this would appear to be positive news on the surface, it sent a ripple effect through many commodities, including gold, copper and oil. Today, we will explore the gold market specifically and present expert advice on whether now is the time to buy gold.....

The Unemployment Gap

In economics, market clearing is the process by which the supply of something that is traded is equal to the demand so that there is no leftover supply. In other words, it should be close to impossible for an unfulfilled demand of something to exist while there is an ongoing surplus of that same thing. Today we explore theories that experts have about this discrepancy and explain why some are worried that labor supply issues were bubbling under the surface long before the pandemic....

5 Things You Can Do With an Old 401(k)

If you’ve recently changed jobs or you’re thinking about making a move, don’t forget about your 401(k) or 403(b) with that employer. One misstep can cost you thousands of dollars in retirement savings if you’re not careful. Whether you’re switching jobs or simply have forgotten about an old 401(k) from a previous employer, there are really only five things you can do with an old plan...

College Debt Trap

Salaries in the U.S. have stayed mostly constant while inflation has been rising. At the end of the day, the real victims of this system aren’t taxpayers, but graduates, who the government knows cannot likely pay their debts, yet loans them the money and holds them in their grasp regardless.

5 Signs You Should Sell a Stock

You could argue a profit or loss is made the moment you buy a stock. But buying at the right price is only half the battle. You also have to know when to sell to guarantee your profits. Today, we share five strategies you can use to know when to sell. Once you know the signs, you'll have no problem exiting your position.

August Stock Bloodbath?

According to data going back to 1928, August is the worst year of the month for the stock market. Today, we explore the data behind this ominous month. And we share some advice on how to keep your portfolio safe until the heat burns off and the fall brings a more prosperous market.

Chinese Stock IPOs Halted

Chinese stocks have been battered by unexpected policy crackdown by the Communist Party. Beijing attempted to ease investor anxiety by telling top, global financial firms that Beijing will consider market impact before enacting new crackdowns and urged foreign brokerages not to "overinterpret" its actions… The question is, what’s their word even worth to you as an investor?

Don’t Let These Social Security Misconceptions Derail Your Retirement

If you’re part of the majority who will receive benefits to help support your retirement plans, it’s best you understand what Social Security can and can not do for you. Sadly, too many Americans are blind-sided by four common misconceptions about Social Security we’re going to uncover today. Don’t let these misconceptions derail your retirement.