Baisieux http://baisieux.net/ Thu, 09 Jun 2022 20:37:13 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://baisieux.net/wp-content/uploads/2021/04/cropped-icon-32x32.png Baisieux http://baisieux.net/ 32 32 Oak Park Financial Explained the Advantages and Disadvantages of Investing in Gold https://baisieux.net/oak-park-financial-explained-the-advantages-and-disadvantages-of-investing-in-gold/ Thu, 09 Jun 2022 20:37:06 +0000 https://baisieux.net/?p=6810 It is a crucial element of your financial plan, however, this does not mean it’s simple to manage or isn’t stress-inducing. The majority of securities such as stocks, as well as bonds, have fluctuation in value. It’s sometimes difficult to figure out why or why the value of these securities.

A popular option for investing such as bonds and stocks can be found in precious metals specifically gold. Since everyone agrees that gold is important, many investors consider it as a way to hedge to protect themselves from inflation as well as falling prices for stocks, as well as the threat of political instability.

The Pros and Cons of Investing in Gold

There are many benefits to investing in gold , but there are there are a lot of negatives too. The positives are that gold is regarded as an investment that is safe and has a low volatility over the long term and is easy to grasp. The negatives are the possibility of cost of transactions, storage problems and the inability to liquidate.

Pros

Investors love buying gold due to a variety of reasons, including the fact that it provides diversification to an investment portfolio , and its popularity as a commodity frequently thought of as a protection against market volatility.

1. Safe Haven

Gold is among the oldest investments around the world. It has been used as decoration since the beginning of time and then became a widely accepted currency about a thousand years ago.

The lengthy history has led to investors seeing gold as a safe place. Bonds, stocks and other investments may be worthless or gain value. Gold however is a valuable asset throughout history. There are many indications of it being valuable in the near future.

In times of uncertainty it is common for investors to prefer an asset that has demonstrated capability to keep its value.

2. Potential Inflation Hedge

Inflation causes the loss of the power to spend. When you are forced to pay $3 on one loaf of bread that your parents paid $0.50 for when they were children, you experience the consequences of inflation firsthand.

Inflation occurs due to central banks being able to boost the amount of fiat money — the currencies that are backed by these central banks, for example, the U.S. dollar — by printing more. It lowers the value money that investors have, and forces them to purchase assets they believe will increase in value in the event of inflation.

Gold’s supply is more limited than that of fiat currency. There is only one way to increase it is to extract further, and this is costly and long-lasting. Additionally, the world has a limited amount of gold – something that no quantity of mining could ever be able to overcome.

Many investors are reverting to gold to serve as an inflation hedge. This is not simply because the supply of gold is in short supply, but also because of the belief of gold as a great way to invest during high inflation times.

But, there’s a questions about whether gold really is an effective hedge against rising inflation. An Wall Street Journal study revealed that in the first decade of the 1970s gold’s performance for inflation-proofing has been inconsistent at best.

3. Low Long-Term Volatility

One of the biggest risk that investors are exposed to is the risk of volatility. Over the long haul stocks are likely to increase in value, especially if they have a diverse portfolio or invest in index funds which smooth out the volatility by mirroring broad market indexes.

However, just because investments can appreciate over time does not mean that they won’t suffer losses of 10 20 percent, 10 percent, or even more in the short or medium-term. This risk of volatility can be a challenge for investors due to a variety of reasons.

In the beginning, it’s difficult to maintain your course when you watch your portfolio losing a substantial amount of its value within just a few days. Also, if you’re on a shorter time frame for investing or have to sell your investments during an emergency situation or other emergency, you may have to sell your investments at the loss in a downturn.

In the long run it has proven to be more stable than other kinds of investments, as per an IIBM Management Review study that examined the volatility relative to silver and gold. This makes it a great alternative for investors who do not like having to deal with the volatility of portfolios.

4. Simplicity

Many people prefer to invest in items they know about.

Unfortunately, the modern investment market aren’t easy for common investors. Many people know the meaning of a stock, however, it can be difficult to know what’s that drives the value of a single share, let alone of derivative instruments such as the option contract.

In contrast, gold is simple and the argument to invest in it is simple to understand. Gold is a valuable metal which has been considered as worth the investment for quite a while. People are eager to have it. The limited supply of gold available in the world helps to support the value of the metal.

5. Portfolio Diversification

A key actions you can take when investing is to diversifying your investment portfolio.

If you purchase shares of only one company and the business goes under, you may lose the entire amount you invested. The purchase of shares in several businesses lowers the risk in the event that one is declared bankrupt.

The addition of different types of investments to your portfolio can provide an additional level of diversification. For instance, if bonds overall are losing value, other assets may appreciate.

This is due to the concept of correlation. It explains the way in which prices of various assets fluctuate relative to one another. For instance, stocks in an industry or sector are more likely to fluctuate between in the overall. In the same way, stocks of oil companies tend to increase when oil prices increase, and drop when prices drop.

The value of gold isn’t directly related to the price of many other assets. Gold’s price has a tendency to influence how mining stocks, but it’s just not as powerful on other sectors and industries.

Simply put by adding precious metals like gold and silver to your portfolio can increase the resilience of your portfolio. It assists in reversing loss in different asset types by generating increases in your precious metals portfolio.

6. Tangibility

Many investors prefer investing in tangible objects which they can physically see. The majority of modern investments, such as bonds, stocks mutual funds, ETFs are entirely electronic. The shares are yours to own, however, they’re just numbers you’ll see when you log into your account at a brokerage.

The precious metals, including gold, can be considered tangible investments. If you’d like to buy the physical bullion of gold, put it in your hands and then store it at home. The tangibility of gold appeals to a lot of investors who aren’t sure if they should purchase more ephemeral investments such as stocks.

Cons

Before you invest in gold, it is important to be aware of the disadvantages and also to be aware of the unique challenges associated with the investment in metals that are precious.

1. Cost

One of the drawbacks when buying gold is the expense. If you’ve ever been to the jewelry store it’s likely that you’ve heard that gold can be costly. In 2010 gold was priced at around $1,100 per ounce. In 20210 through 2022 the price of gold increased up to over $2,000 an one ounce.

This price is high and could make it difficult to acquire a substantial amount of gold when you’re just beginning to make investments. There are additional costs related to investing in gold which aren’t present for other kinds of investments, like the storage or transportation.

2. Storage Issues

Gold is a tangible asset, and that means it is essential to be able to store it in a safe and secure. This adds a layer of complexity when investing in gold, which you won’t need to worry about when buying other investment options.

If you have gold bars or coins, you’ll need to put them in a safe inside your home, or contract an organization to store your precious metals secure. A safe purchase or hiring an organization to safeguard your gold is expensive. Additionally, you must manage the transportation of the gold you purchase or trade in to the storage.

For instance, SD Bullion charges an annual fee of 0.29 percent from the worth of the gold you have stored and a minimum fee in the amount of $9.99 per month to store your gold investment. If you’d like to transfer the gold you have stored, SD Bullion charges depending on the weight and distance and a $25 fee per transaction.

To save on storage and shipping costs To avoid storage and shipping costs, you can put your money into exchange-traded funds which put money into gold. But, these funds require storage of gold, or pay another person to do it that can result in the management costs. Also, it reduces the advantages when investing in gold for instance, the tangibility the investment.

3. Liquidity

Another danger of the gold investment is its liquidity. If you wish to purchase and sell physical gold, then you will need to locate a person or business to exchange with you. The next step is to negotiate a deal with them and coordinate transportation of the precious metal.

The process can be arduous and is more time-consuming when trading online assets, such as bonds or stocks. This is even more difficult when the gold you own or are looking to purchase is considered to be a rare or valuable coin.

Like other asset classes, like collectibles and real estate market for precious metals is characterised by price inefficiencies and the high cost of transactions. Although you can ease the liquidity problems by investing in ETFs that invest in gold, it doesn’t provide the benefits of having physical gold.

4. High Short-Term Volatility

Gold is usually thought of as a value-added store that can serve as a hedge against market crash. Over the long-term it’s possible to say this since gold doesn’t have a lot of volatility over long durations. However, in the short term gold is subject to significant price fluctuations.

For instance, between Nov. 1, 2021, and December. 31st 2021 between Nov. 1, 2021, and Dec. 31, 2021, the cost of one ounce of gold increased from $1,780 to $1.865 but then fell back to below $1,780 then climbed once more to reach $1,825. Investors looking for a steady investment option that stops your portfolio from fluctuating over the short-term may not be able to appreciate the frequent price fluctuations.

5. Speculative

Gold is an speculation-based asset. The primary reason why gold is valuable is its scarce supply and the fact that a lot of people see it as a precious commodity. It is often priced higher in times of fear for investors or when stocks are losing value and inflation begins to increase. It’s not able to create value on its own.

Investors invest in gold because they believe they could trade it in to earn more money later on. This is different from other types of investment. A person can invest in bonds, for instance as it creates value by way of interest payments.

If you buy gold for investment purposes you’re betting on the future value of gold instead of its value or the income it could generate.

6. No Yield

The gold market doesn’t provide any returns as long as you have it. One way you can earn an income out of gold would be to trade it to someone else.

It’s an investment with a high degree of speculation however, it also means that it’s not appropriate for all investment scenarios.

For instance, if you plan you to put your funds into investments in order to generate a stream of cash that you can live off but gold isn’t in a position to generate the income you need. It is better to invest in bonds or stocks since they yield money in the form dividends and interest payments. This is a source of cash that investors can live off without the need to sell their investment.

Gold investors looking to make their gold portfolios an source of income will have to sell their gold.

7. Taxes

Every investment involves taxes. But the gold investment could cause tax issues of a significant magnitude especially if it’s physical gold.

If you are a gold-investor, the primary tax you need to pay attention to will be tax on capital gains. If you decide to sell an investment to make a profit, you are required to pay tax on the profit. If you purchase something for $100, and then sell it at $150, you have to pay taxes on the $50 gain.

When you invest in stocks or bonds, your broker keeps records of the amount that you spent on an investment — referred to as the cost basis and also the amount you are able to sell it for. This makes calculating taxes somewhat simpler.

If you’re purchasing gold in physical form it’s your responsibility to keep track of the much you’re spending for it. If you’re purchasing frequently of smaller amounts, like single coins, you may end having massive spreadsheets to track the cost of every coin you purchase. This makes it hard to determine tax-deductible gain and loses.

Gold Stocks against. Physical Gold

Before you invest in gold, you should consider whether you would prefer to purchase gold-related shares as well as physical gold. Both come with pros and cons.

Physical gold offers you the greatest control over the investment. You can store the metal decide where and how you will store it, and even trade with it on your own. But storage transport and storage can become difficult and monitoring the cost basis of taxes can be difficult. In addition, the physical metal isn’t able to generate value in dividends or other interest-paying payments.

Alternately, you can purchase shares in ETFs which track the price of gold. This gives you exposure to the investment without any of the hassles caused by holding the physical metal. However, this transforms an asset that is tangible into something which is less tangible. Gold funds also charge management fees which could reduce your profits

You may also purchase shares in companies that are exposed to gold, including mining companies or storage companies. Shares of these companies may increase or decrease in value just like gold. However, the investment in these shares exposes the investor to risk due to other factors that go beyond the gold price, like the quality of leadership in the company.

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OnePlus Nord 2T 5G review: Fast-charging, long-lasting mid-range 5G phone gets chipset upgrade https://baisieux.net/oneplus-nord-2t-5g-review-fast-charging-long-lasting-mid-range-5g-phone-gets-chipset-upgrade/ Thu, 09 Jun 2022 14:19:27 +0000 https://baisieux.net/oneplus-nord-2t-5g-review-fast-charging-long-lasting-mid-range-5g-phone-gets-chipset-upgrade/

As

  • Great battery life
  • Quick charge
  • Free of bloatware
  • Alert slider

Do not like

  • Horrible speakers
  • Cameras could be better
  • No IP rating

OnePlus has built its reputation on value-for-money mid-range and flagship-class smartphones, and last year I was impressed with the OnePlus Nord 2 5G, which costs in the UK at from £369 with 8GB of RAM and 128GB of storage. We now have an updated version in the form of the OnePlus Nord 2T 5G. Will we be impressed in the same way?

There are two variants of the Nord 2T 5G. The entry-level 8GB/128GB model costs £369/€399, while the top-end 12GB/256GB model – which I was sent in for review – costs £469/€499. Like its predecessor, the Nord 2T 5G is not officially available in the US, although you can find the 8GB/128GB version on line for $499.

OnePlus Nord 2T 5G

The OnePlus Nord 2T 5G has a 6.43-inch AMOLED display and runs on MediaTek’s Dimensity 1300 chipset with 8GB or 16GB of RAM and 128GB or 256GB of storage (not expandable).

Images: Sandra Vogel / ZDNet

My review handset had a deep slate gray back that OnePlus calls Gray Shadow. The matte finish is smooth but not as slippery as many, and the glass back stayed admirably fingerprint-free. This color is available in 8GB/128GB and 12GB/256GB configurations.

There’s also a pale green option, which OnePlus calls Jade Fog. Although I haven’t seen this model, it appears to have a more reflective and possibly more slippery glass finish. If you prefer this color, you’ll have to settle for the entry-level configuration.

OnePlus Nord 2T: cameras

Rear cameras: 50MP wide angle, 8MP ultra wide angle (120°), 2MP monochrome.

Image: Sandra Vogel/ZDNet

The rectangular camera bump protrudes considerably from the back, meaning the phone isn’t particularly stable on a desk when the screen is pushed. You can use the supplied bumper box to fix this, but it will hide the color and texture of the back plate.

There are two large circles in the camera bump, with a single lens in the top one and two in the bottom one. I found the mix of symmetry and compensation quite appealing. On the front, there’s a single punch-hole camera on the top left of the screen. The screen itself sits in small bezels that provide a screen to body ratio 85.8%.

OnePlus Nord 2T: alert slider

The alert slider on the right side has a dotted finish.

Image: Sandra Vogel/ZDNet

OnePlus’ helpful alert slider, which lets you switch between silent, vibrate and ring modes, sits on the top right edge of the handset. The alert slider has a dotted finish, making it easy to find by touch alone and hard to confuse with the slick power button just below. There’s a volume rocker on the left edge, while the bottom houses the USB-C charging/connection port, a speaker grill, and a SIM caddy that can accommodate two SIM cards.

Perhaps unsurprisingly for a mid-range handset, there’s no IP Rating for dust and water resistance.

The AMOLED display has changed little from last year’s specs. It measures 6.43 inches on the diagonal, has a resolution of 2,400 by 1,080 pixels (20:9, 409ppi), a refresh rate of 90Hz, and is protected by Corning Gorilla Glass 5. Last year’s OnePlus Nord 2 had the same size AMOLED display with the same resolution and refresh rate. I loved him then, and I love him now.

OnePlus says the display now has two ambient light sensors to ensure automatic brightness changes are better calibrated. It’s one of those little usability tweaks that can make a big difference in day-to-day use.

I’ve lamented the loss of Reading Mode in previous reviews of OnePlus handsets, and I do so again here. It’s a real shame that there’s no monochrome setting that can automatically start when e-book readers – or, indeed, any other application – are started. But it was gone in the previous version of this handset, and it’s still gone.

OnePlus Nord 2T: Bedtime and Eye comfort modes

Grayscale is available in Bedtime and Eye Comfort modes, but cannot be configured to activate when particular applications are launched.

Screenshot: Sandra Vogel/ZDNet

There’s a grayscale setting tucked away in Bedtime mode, which can be scheduled to turn on at set times or manually activated via a Quick Settings menu icon. This is also an option in Eye Comfort mode. It’s a start, but if grayscale is available, it would be nice to be able to enable it when specific apps are open.

Other screen tweaks include the ability to set the refresh rate to 90Hz or 60Hz and apply “Video color boost”. The higher refresh rate and improved colors will both result in higher battery usage.

The stereo loudspeakers broadcast the sound via the grille located on the lower edge of the chassis and the earpiece of the handset above the screen. There’s a lot of volume, but the audio quality is among the worst I’ve heard in a long time. There’s no bass to speak of, the highs are harsh, and the overall sound is fuzzy. This isn’t the handset to buy if you like listening to audio from your phone rather than using headphones.

According to OnePlus, the Nord 2T 5G is first to market with the new MediaTek Dimension 1300 chipset. This offers a decent 458 (single core) and 2700 (multi core). The multi-core result is in the same range as the Honor 50 (2885) and last year’s Nord 2 (2518), although the single-core result lags behind (458, compared to 775 and 733 for the Honor 50 and the North 2 respectively).

My review handset’s 256GB of storage had 233GB of free space after Android 12 and OxygenOS 12.1 took their part. There is no MicroSD card to add external storage. Now that OnePlus is firmly integrated into the Oppo stable, there are many similarities in handset features across brands, and OxygenOS shares a lot with Oppo’s. ColorOSso OnePlus has lost a good part of what made it unique.

Still, the OnePlus shelf – accessible by swiping down from the top right of the screen – is distinctive and brings you to a configurable set of apps. Unfortunately, this is more of a hindrance than a help for those like me who just want to swipe anywhere and get the standard Android menu. The shelf can be disabled if you don’t like it, and the OnePlus Nord 2T largely avoids excessive bloatware.

Although there are three rear cameras, only two – 50MP f/1.8 wide angle and 8MP f/2.2 ultra wide angle (120°) – really matter. The third member of the trio is a 2MP f/2.2 mono camera which is used to enhance black and white photos taken with the wide and ultra-wide units. The front camera is a 32MP f/2.4 wide-angle shooter.

It’s pretty much the same camera setup as on the year-old OnePlus Nord 2. Still, the Nord 2T takes perfectly acceptable photos, and OnePlus has increased low-light shooting via software to make night shots brighter. That said, OnePlus would do well to replace the mono camera with something else. 4K video shooting is limited to 30 fps and 1080p slow motion video is shot at 120/480 fps, 720p video at 240/960 fps.

OnePlus has equipped the Nord 2T with a 4500mAh battery. Despite numerous attempts, he completely refused to perform the PC Mark for Android Work 3.0 battery life test for me. However, my three-hour YouTube test saw it drop 18% from a full charge, suggesting total battery life of just under 17 hours. In the real world, I easily went a full 24 hours without needing to recharge.

When a charge was needed, the 80W SuperVOOC charger was excellent. On one occasion I started charging with the handset at 12% and it went to 39% in five minutes, 60% in 10 minutes, 76% in 15 minutes, 91% in 20 minutes and 100 % after 25 minutes.

OnePlus Nord 2T: fast charging

Chart: ZDNet

conclusion

The OnePlus Nord 2T is a frustrating handset in that it shares some of its key screen and camera features with a year-old phone, while pairing them with fast charging and an updated chipset. day. And while the speakers are really awful, the alert slider is awesome.

Future buyers must clearly weigh the pros and cons, but it is clear that, for the price, the OnePlus Nord 2T remains an attractive mid-range contender.


OnePlus Nord 2T 5G Specifications

Dimensions 73.2mm x 159.1mm x 8.2mm
lester 190g
Display size/type 6.43-inch AMOLED
Resolution 2400×1080 (20:9, 409ppi)
Refresh rate 90Hz
Color gamut support sRGB, DCI-P3
Certificate HDR10+
protection Gorilla Glass 5
SE Android 12, OxygenOS 12.1
chipset MediaTek Dimension 1300
RAM 8 GB, 12 GB
Storage 128 GB, 256 GB
microSD card slot Nope
Battery 4500mAh
Battery charging 80W SuperVOOC (1-100% in 27 mins)
Rear cameras 50MP f/1.8 wide angle (OIS), 8MP f/2.2 ultra wide angle (120°, EIS), 2MP f/2.2 monochrome
Video (rear cameras) 4K at 30 fps, 1080p at 30/60/120/480 fps, 720p at 30/60/240/960 fps
Front camera 32MP f/2.4 wide-angle (EIS)
Video (front camera) 1080p and 720p @ 30fps, time lapse
Networks 5G (SA, NSA), 4G LTE, WCDMA, GSM
Wireless WiFi 6 (802.11ax)
Bluetooth 5.2
NFC yes
Positioning GPS, GLONASS, Galileo, Beidou, NavIC
Sensors in-display fingerprint sensor, accelerometer, e-compass, gyroscope, ambient light, SAR, proximity, sensor core
Ports and locations USB-C, dual Nano-SIM
Buttons support for screen gestures and navigation, volume (left), power (right), alert slider (right)
audio stereo speakers
3.5mm audio jack Nope
In the box OnePlus Nord 2T 5G, SUPERVOOC 80W power adapter, USB-C (USB 2.0) cable, phone case, screen protector (pre-applied), SIM tray ejector, welcome letter, quick start guide, service information security and warranty card
Price £369/€399 (8GB/128GB) • £469/€256 (12GB/256GB)

Alternatives to consider

The mid-range 5G smartphone market is an increasingly crowded place, and there’s plenty to choose from around the $400 mark. We’ve highlighted three phones here – for US buyers looking for maximum affordability, we suggest the OnePlus Nord N20 5G instead of the Nord CE 2 5G, which is not officially available in the US.

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Gen Z and millennials have the hardest time affording car loans https://baisieux.net/gen-z-and-millennials-have-the-hardest-time-affording-car-loans/ Wed, 08 Jun 2022 19:45:11 +0000 https://baisieux.net/gen-z-and-millennials-have-the-hardest-time-affording-car-loans/

Millennials and Gen Z auto loan default article highlights:

  • Gen Z and Millennial auto loan holders have higher default rates than the national average
  • Higher default rates could be related to the wealth gap and/or poor credit history which causes them to borrow at high interest rates
  • There are ways to avoid defaulting on your car loan and even get your car back if the financial institution repossesses it.

Let’s face it: without financing, that is, without loans, most of us could not afford to buy cars. This was the case even before the prices of new and used vehicles skyrocketed. But even though just getting a loan is stressful enough, it’s nothing compared to paying it back. And that’s assuming you can repay it at all. To some, that sounds like a reasonable assumption. Yet, according to a new report, this is not a given for many Gen Z and Millennial auto loan holders, as they are defaulting en masse.