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Is Cash Truly a Better Safe Haven Than Gold?
Recently, CNBC published an article stating that investors have been dumping gold to jump into a preferred safe haven: cash. The saying goes that during times of market uncertainty and turmoil, cash is king. So, what would have happened if you held cash versus gold from May 2017 to May 2018? We referred to a Historical Inflation Calculator that calculates the amount of CPI price inflation as reported by the US Bureau of Labor Statistics (BLS). Overall, there was a 2.8% depreciation in purchasing power due to inflation between May 2017 and 2018. If you held $1 Million dollars in cash between May 2017 to 2018, at the ending period:…
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Get cash for your Samsung smartphone
David dropped his phone the other day and it cracked.Since that happened we’ve been thinking about purchasing a new phone for David. When I found out Gazelle will let us trade in our old Samsung phones and we could get cash for our Samsung smartphone. I told David we needed to go through the house and find all the phones we have and take send them to Gazelle. Then we could take the money from the phones and purchase a new phone for David. I haven’t convinced David to send in the phones yet but our Anniversary in May I ‘m going to get Charlie to help me find all…
Living a simple lifestyle from the front porch
