Category: Uncategorized

Is Gold A Good Investment?

No Comments

The economy is oscillating given the current state of the country post COVID and political strains and you are uncertain exactly which direction it is going to end, and you are undecided on how to invest. You are not alone. Many feel this uncertainty and are questioning direction. Maybe gold is the right tried and true investment choice…

We originally used gold as the world’s first universal monetary payment system, it then converted to back other forms of payment. Monies held value given the gold backing them. This system is dated and unfortunately does not hold true anymore, so gold is more so now used for fine jewelry, collection, and investment.

Even though gold is no more the basis for money, many people still believe that when the economy gets rough, that gold is a rock-solid choice given its historic stability, but this might not be totally accurate. This is especially true if you invest with a trusted company like Goldco.

It is sort of an “Old wives’ tale”. Yes, gold is stable, but that does not mean it does not fluctuate. It grows in value but historically may not increase as well as stocks and bonds. Past track record proves gold gains approximately one percent over time whereas bonds can grow as much as three percent and stocks as much as seven percent. Remember, gold produces nothing tangible, it is just a commodity where as companies, in which stocks and bonds are invested, do. This makes the latter always more profitable as an investment tool. If you want to invest with Goldco, we recommend this Goldco review to get more information about their company.

Putting that theory aside, some still say that gold is recession-proof, it holds its value better than the dollar, a hedge especially regarding inflation. While this is true that typically when the dollar goes down then gold rises in value, they both can decline together in tough times.

Then there are other considerations when considering gold as an investment.

If you are going to amass it:

• Are you buying actual product or gold certificates? Beware of scams! Know actual gold bullion backs your paper.
• Investing in gold socks? ETF’s and close-end-stocks. Typically, you do not actually own any gold. This is a misconception. You are investing in the companies that are mining the product. Make sure you know what you are investing in.
• Are you proficient to judge authentic gold, jewelry, and coins from inauthentic? You may need to pay someone to be certain what you are buying is creditable. This cuts into profits.
• Fees incurred to purchase gold through retailers and brokers; more initial costs to consider.
• Where are you going to store it? Need to buy a safe? Investment! Bank safe deposit box? Monthly overhead. Insurance to cover it? Another reoccurring cost.
• If you decide to or need to sell it down the road for whatever reason you are going to be taxed based on a higher capital gains “collector’s” rate which may reduce overall expected appreciation and profits.

Now it is true that gold typically does hold its value when times get tough but that is usually only true in dire situations such as war, government collapses, and apocalyptic times. Gold will hold its value better when every other form of monetary means loses theirs, but in those times will anyone really be interested in obtaining gold or profits made or will your concern rather be towards amassing food and ammunition?

In the end, gold is a wonderful tool for good diversification to have a well-balanced investment portfolio. It fluctuates but is always valuable and will grow in time and is not tied to the outcome of real estate, stocks, and bonds progress. Better to have your investments in multiple different vehicles so as not to get caught with “all eggs in one basket” type scenario. But if you are purchasing it as an insurance policy to fend against hard economic times, you might want to do a little historic research before putting all your faith in its dependability.

Keeping Your Home Airtight & Hearing Aid On!

No Comments

When renovating a house or building a passive or low energy house, it is not only important that it is well insulated but also that it meets the building standards for air tightness. Airtight construction means that when building a house, the occurrence of drafts and other unwanted air flows are taken into account as much as possible. By sealing all joints, cracks and pipe connections as much as possible with a suitable filler, tape or foil during the construction process, you immediately make a good start when making a home airtight.

Airtight Hearing Aid & Roof

In practice, the air tightness is often tested by applying the ‘blower through’ test, with a hearing aid. A fan is placed in the door hole with which first an overpressure and then an under pressure is created. The pressure difference is measured with the aid of a pressure gauge and the ‘N50 value’ is finally determined on the basis of a calculation. The lower this value is, the more energy efficient the home is. In a passive house (very energy efficient) this value is less than 0.6. You can learn more about hearing aids if you click here.

Places that are sensitive to air leaks

A lot of research has been done into the airtightness of houses. It has been established that many draft problems are caused at the roof, in transit in the floor and in places where windows and doors join the wall. Since these places are closely connected to insulation, it goes without saying that airtight insulation is the solution here:

Roof insulation and air-tightness With Your Hearing Aid

The roof of the house is a place where you can save a lot of energy (up to 25%), and fix your hearing aid. This can be achieved by providing the roof with insulating material, such as glass or rock wool. This is the moment to pay the necessary attention to an airtight finish of the hearing aid.

See if you can fill it with PUR then cut the foam as much as possible. After applying the insulation material, it is very important to finish the layer airtight with a good polyethylene film or so-called climate film. All seams and cracks must be taped, even near the walls. This way you create an air-tight and vapor-barrier layer that benefits the airtightness of the house.

Usually most air leaks occur at openings in the floor that serve as a passage for the piping. You can think of forwards for the water or gas pipeline and holes that are installed for sewer pipes or other drain pipes. This often leads to drafts from the crawl space, which has a negative effect on the overall airtightness of the house. These draft holes for passages are usually relatively easy to seal with PUR foam.