In today’s economic climate of rising inflation, currency devaluation, and geopolitical instability, many investors are turning to precious metals as a hedge.
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...With about 1.6 million people living within city limits (the fifth largest city in America) and about 6.2 million people living in the greater Philadelphia Metropolitan Area (the seventh largest metro area in America), there is no doubt that Philadelphia is one of the nation’s most important—and historic—cities.
...First, let’s get the definitions out of the way: The SPDR S&P 500 Trust (SPY) and the Vanguard S&P 500 (VOO) are both exchange traded funds, or ETFs. An ETF is an index fund that issues shares that you can buy and sell over a stock exchange, just like shares of an individual stock.
...Investing in real estate can be an extremely lucrative venture. However, in some cases, certain real estate investments are limited to accredited investors who typically need to have an income greater than $200,000 per year (or $300,000 per household) or a household net worth greater than $1 million.
...Real estate is one of the largest sources of equity, both in the United States and elsewhere around the world. The real estate market, as a whole, is worth trillions of dollars.
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