Platinum has been a sought-after precious metal since the time of the Egyptians, where Pharaohs were known to have been adorned in the metal along with gold and silver. But is it as interesting to own now as it was then? Is platinum a good investment? Let’s find out! Why Investors Choose Precious Metals Over Other Assets Investors commonly buy precious metals for a variety of reasons. The reasons range from the diversification of assets, hedging against uncertain times, to spotting a high return opportunity. These reasons for investing in the precious metals market are different from the tradi ..read more

If you’re looking to make 2000 dollars fast, you’ve come to the right spot. We have pulled together 30 different reasonable and perfectly legal(ish) ways that you can put together 2000 dollars as quickly as possible. Not all of these ways will enable you to make 2000 dollars on their own, so try and combine a few of these ideas and you’ll be able to come up with the money you’re looking for in no time. With that said, let’s get right into it and see how you can make 2000 dollars fast. Sell Unwanted Items on Facebook Marketplace Have anything around the house you haven’t used in awhile? This is ..read more

For April’s book of the month, we are changing lanes to one of the great classics, The Intelligent Investor by investing legend Benjamin Graham. This classic is an in-depth view on value investing and goes into the details of Benjamin Graham’s philosophy on buying equities at a discount. The book takes a commonsense approach to invest in the markets, with the simple approach of not overpaying. Though Graham’s words are closing in on 50 years of age, the latest edition of The Intelligent Investor is updated with commentary by Jason Zweig. He provides modern insights and examples while still usi ..read more

Are you trying to see if your employee stock purchase plan is worth it? Many publicly traded companies offer their employees stock purchase plans, better known as ESPPs. ESPPs enable you to buy stock in the company you work for at a discount. At first glance, these plans sound like promising investments. Let’s take a closer look and see if ESPPs are the right fit for you. A Typical ESPP The typical employee stock purchase plan consists of a discount to the current market price and a vesting period. These discounts can be up to 15% on the market price on the day, and vesting differs from 1-3 ye ..read more

Are you finding it difficult to find a few extra bucks to spend on something actually for yourself? You’re not alone, a study done in the United Kindom shows millennials have less to spend on non-essentials than the prior generation. Not to worry, we’re here to help with a few suggestions on how to increase your personal cash flow. What is Personal Cash Flow? Though Investopedia defines cash flow as “The net amount of cash and cash-equivalents being transferred into and out of a business”, personal cash flow applies to the amount of money in your bank account. Having a higher net cash flow mea ..read more

Looking for a place where you can leave civilization behind? Buying recreational property can be your claim to the great outdoors, where you will be able to elude society and all its worries. But is that slice of wilderness worth a pretty penny? Let’s find out. What is Recreational Property? Recreational Property is land that is specifically used for recreational purposes. The exact use can vary, but is most notably used for camping, hunting, fishing, off-roading, or just a spot to get away from it all. Most importantly, this property is not apart or attached to your main residence. This inclu ..read more

Looking for a way to diversify your portfolio outside of the mainstream financial markets? There are several ways to do so, but a growing number of people are focused on a less conventional way of passive income. Royalties. We’ll go through a complete guide on how to invest in royalty income. The way you receive income from royalties is by owning rights to intellectual property (IP). Every time someone uses that said intellectual property, they have to pay to use it. They will be paying the royalty holder, which would be the investor who holds the rights. The most popular royalty income stream ..read more

Follow my blog with Bloglovin For our second book of the month, we’re taking a step into how money affects the mind with Morgan Housel’s The Psychology of Money. Housel’s book presents various takes on how our behaviors can influence our financial success. Each chapter represents a lesson that Housel passes to the reader. They range from “Luck & Risk”, where Housel walks us through Bill Gates’s massive successes compared to his late classmate Kent Evans, who passed away in his youth due to a mountaineering accident. To “Resonable > Rational”, where he explains the differences between re ..read more

Preparation and planning are the most important parts of any negotiation. In fact, over 80% of negotiation outcomes are set before the negotiation takes place. Being prepared is extremely important, and why we created our very own negotiation plan template here at Nickel & Dime Decade. This negotiation plan template is the same one I use before large supplier negotiations. If it’s good enough for Purchasing Managers to use it, it should fit the needs of the more casual negotiator. What are you waiting for? Let’s dive in! Download the Negotiation Plan Template and I’ll walk you through how ..read more

The title of Purchasing Manager implies that I can always unlock the best deals, but I didn’t always know how to save like a pro. Not knowing a career in purchasing was an option, I had no clue the effort that goes into sourcing materials/services and the important role corporate buyers hold. I quickly learned that every large corporation has a decently sized Purchasing/Procurement team, and some of these companies even have Purchasing Executives in their C-Suite. These organizations invest in these teams so they can continuously bring savings to their bottom line and assure they are getting t ..read more