Pros and Cons of Investing in Gold and Silver

Pros and Cons of Investing in Gold and Silver
Although stocks and bonds are convenient investment avenues, they’re risky. Hence, many diversify their portfolio by also investing in precious metals like gold and silver. You don’t need to own these metals physically to invest in them because there are other secure and more liquid ways to do so. Here, we’ll discuss the pros and cons of investing in gold and silver. But first, let’s understand the differences between these metals and how to invest. Differentiating features of gold and silver A study by the World Silver Survey showed that almost half of the world’s silver supply is utilized in heavy industries and advanced technology like cell phones and solar panel cells. Because of a higher demand across major industries, silver is more likely to be impacted by the ups and downs of global economic fluctuations. This also makes it more volatile in price changes than gold. Gold has lesser uses than silver in industries and, hence, isn’t as impacted by economic fluctuations as other metals. This means its price remains relatively stable. Silver typically has a lower price per ounce than gold, making it more affordable for retail investors interested in owning precious metals as physical assets. How to invest in gold and silver?

Top 11 mistakes to avoid while getting a home loan

Top 11 mistakes to avoid while getting a home loan
Perhaps nothing is more comforting than having one’s home to return to at the end of a tiring day and to relax with loved ones. However, buying a home in the face of inflation and economic instability is no less than a mirage for most. On the bright side, taking home loans from reliable sources can help fulfill this dream. Here are some common mistakes home buyers should avoid while availing themselves of home loans: Not checking or improving credit score One’s credit score determines any moneylender’s ability to sanction a loan. An individual’s credit score is calculated considering various criteria, including one’s payment history, credit mix, and the total amount one owes. Therefore, it is important to check one’s credit score; if the scores are low, one should take the necessary steps to enhance this score, such as paying credit card debts on time, before applying for a home loan. Not understanding one’s capability to repay the loan Often, individuals cannot return the borrowed amount because they have overestimated their capability to repay their home loan. Such challenges typically stem from miscalculating the amount payable, including the interest rates applied to the principal amount. While applying for a home loan, one should check out one’s repayment capability vis-a-vis the aggregate amount repayable and the time it would take to repay it.

8 Questions to Ask an Ophthalmologist

8 Questions to Ask an Ophthalmologist
An ophthalmologist, or an eye doctor, is a qualified expert who diagnoses and treats conditions to maintain optimal eye health. When one visits an ophthalmologist, they can ask specific questions, either about their particular health concern or general doubts. However, it is quite common to go entirely blank when at the doctor’s and forget half the things that need to be asked. So, here’s a brief checklist of vital questions to ask an ophthalmologist. Which tests will be performed? Whenever you visit a doctor, it is reassuring to know what procedures or tests they will perform or are considering. Most people visiting ophthalmologists are ridden with anxiety about this aspect, so asking this particular question can soothe your nerves and make future visits and eye exams less stressful. While eye doctors perform eye tests, you can also carefully view their instruments and ask why certain tests are being conducted. It is advisable to discuss any concerns about the health condition or probable side effects you may face since this will also help set your mind at ease about the future. Finally, this question is also helpful in making future preparations. So, if a particular test or eye exam will interfere with your eyesight or alertness for a few hours, you can arrange for someone to drive you home from the ophthalmologist’s clinic afterward.

4 Credit-Building Apps to Check Out

4 Credit-Building Apps to Check Out
A credit score reflects your ability to pay off the debt on time. So, your score is impacted when you charge something to your credit card or avail yourself of a new loan with the linked bank account. Today, digital banking payments and system innovations allow you to use apps that help you build credit and improve your score. We’ve compiled a list of our top picks available for download on Android and iOS platforms. Credit building is indeed a straightforward process. And with innovative apps available for download, everyone can access these services today. So how do these apps work? Here are how they work: Some apps help monitor When you use a credit card to make payments and consolidate the bills at the end of the cycle, a report is sent to the primary credit bureaus, including Experian, Equifax, and TransUnion. Credit monitoring apps can track all these transactions and build on the information to improve our score. Some apps offer loans Banks and financial institutions also offer small loans where you periodically make payments over a fixed tenure. The bureaus track these payments, and meeting deadlines improves your creditworthiness, thus reflecting your final ability to pay back debt.

Emotional support animals – Benefits and things to consider

Emotional support animals – Benefits and things to consider
With heightened stress and emotional strain becoming increasingly common today, the role of emotional support animals in promoting mental well-being has gained significant recognition. These remarkable companions offer many benefits, including offering comfort and support to those facing emotional and psychological challenges or dealing with a disorder. If one is planning to get an emotional support animal, here are a few benefits and things to consider before making a decision: What are emotional support animals? ESAs differ slightly from pets in that they are prescribed by mental health professionals to provide comfort and assistance to those with diagnosed mental health conditions. ESAs have legal recognition and protections under certain laws and are chosen for their ability to offer emotional support, while pets are primarily chosen as companions based on personal preferences. Some popular ESAs are alpacas, dogs, cats, birds, llamas, sheep, goats, horses, rabbits, chickens, and pigs, with dogs being the most common ESAs. To find an emotional support animal, one can start by consulting with a mental health professional or therapist. They can offer guidance regarding the process and determine if one qualifies for getting an ESA. ESAs versus service animals ESAs are not trained to perform specific tasks.

18 common driving mistakes to avoid

18 common driving mistakes to avoid
Driving is an essential skill that provides unparalleled freedom and convenience when it comes to commuting, traveling, and running errands. However, with this privilege comes a significant responsibility—ensuring personal safety and those of others on the road. Unfortunately, many drivers, new and experienced, can make errors that lead to accidents. By recognizing and avoiding the following common driving mistakes, one can contribute to road safety and have a more enjoyable driving experience. Distracted driving One of the most common driving mistakes to avoid is driving while being distracted. Distractions can range from texting or talking on the phone to eating, self-grooming, or even adjusting in-car entertainment systems. A moment of distraction can be detrimental and lead to accidents. To avoid this, it is crucial to keep focusing on the road and avoid multitasking while driving. Speeding Going over the speed limit is a major cause of accidents. This mistake reduces a driver’s reaction time and increases the severity of collisions. Adhering to speed limits and adjusting the speed as per road and weather conditions is essential while driving. Here, arriving a few minutes later is preferable to risking personal safety and that of others on the road. Tailgating Following a vehicle too closely, also known as tailgating, reduces the time one has to react when the vehicle ahead stops suddenly due to obstacles in the road.

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3 tips for diabetes management

3 tips for diabetes management

High blood sugar or hyperglycemia is associated with prediabetes and diabetes. The body generates insulin to manage blood sugar levels. But when the liver produces excessive glucose, and the body makes little insulin or fails to use insulin, it leads to high blood sugar levels. The condition can leave one tired and thirsty, cause blurry vision, and result in the frequent urge to pee. Read on to know some treatment plans for diabetes management: Treatment options for diabetes management Invokana® It is an excellent treatment plan that works in tandem with the proper meal plans and exercise to lower high blood sugar levels in those with type 2 diabetes. Invokana ® also reduces the risk of death from stroke or heart attack. Plus, it helps decrease the risk of end-stage kidney disease and worsening of kidney function. GlucoTrust GlucoTrust promises to help maintain healthy blood sugar levels, reduce one’s craving for sugar and unhealthy foods, and support deep sleep. It also claims to have a formula of all-natural ingredients. However, it is strongly advisable to consult your doctor before opting for supplements like GlucoTrust since it may not bring the desired results in all cases. Kerendia® It is an FDA-approved prescription treatment that aids in lowering the risk of complications in people with Type 2 diabetes.
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4 tips for dealing with asthma

4 tips for dealing with asthma

Asthma is a respiratory condition wherein the airways in the lungs swell up, become narrow, and produce extra mucus, making it difficult to breathe. People affected can experience breathlessness, coughing, and wheezing. The disease could be a minor issue for some, while others may have to deal with serious long-term symptoms. Although there is no permanent cure for asthma, here are treatment options, foods to have and avoid, and alternative therapies to manage the symptoms: Treatment options Doctors can recommend the right course of treatment based on the severity of asthma symptoms. Here are a few popular options: Tezepelumab: It is a popular treatment option, approved by the FDA as a supplementary maintenance remedy for pediatric patients over 12 and adults with asthma. Tezepelumab is an injectable option and the first and only biologic to significantly and consistently reduce severe asthma symptoms in clinical trials. Fasenra: This is a monoclonal antibody that works on the immune system activity in the body. Fasenra helps control the elevated eosinophil count responsible for severe asthma symptoms. This injection is suitable for children over 12 and adults and can be used with other treatment plans to keep flare-ups in check. Nucala: This is a monoclonal antibody that also reduces the eosinophils in the body.
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