Market News

The Unusual Journey of the Three-Cent Silver Coin

Investor Resources | May 6, 2019

American coinage often follows a strange path. Each piece minted has a unique, twisting history. This characteristic is especially true of the 1858 three-cent silver piece. The coin has origins in the most unlikely place: the post office. In early 1851 congress began discussing reducing the cost of postage from five cents to three cents. […]

3 Famous Coin Hoards

Investor Resources | May 2, 2019

For centuries people buried and hoarded coins for many reasons. In ancient times, many coin hoards were buried during times of war. Other coin hoards began in the wake of the Great Depression by those who distrusted banks and paper money and preferred to store their life savings at home. People who buried the coins […]

Nearly all Financial Analysts Today Agree on One Thing

Investment | April 29, 2019

While the most difficult days of the 2008 global financial crisis are behind us, the reverberations are still felt today. During that period of financial upheaval central banks took steps to increase the money supply by purchasing government securities. This practice, known as quantitative easing, lowers the cost of money. As a result, banks can […]

Get over this Psychological Hurdle to Save for Retirement

Investing | April 25, 2019

When you are in your 20s, 30s or even 40s, retirement can seem like a distant reality. That makes it hard to save for retirement. But, in reality, experts suggest you should save 10%, 20% or even 30% of your monthly income toward retirement. Behavioral economists say the biggest obstacle for younger people to save […]

The Strange Story of Hard Time Tokens

Investor Resources | April 23, 2019

If you look at a US coin you expect to find a phrase like “E Pluribus Unum.” However, if you’re lucky you might find a coin in your collection with a more ordinary phrase like “I take the responsibility.” Who would put a depressing message like this on a coin? The answer has something to […]