Most kids’ attention spans do not last long like they do for adults, which means kids can quickly get bored with toys. Sometimes, they lose interest within moments of opening a new one. In such situations, keeping them engaged for hours can get difficult. Many toys keep them entertained and immersed, fueling their imagination and creativity to help them learn new skills. Here are some popular toys for kids to keep them occupied for hours.
Building blocks and construction sets
Building blocks and construction sets have been among the most popular toys for children of various ages for many years. Kids can build everything under the sun that their imagination allows, from skyscrapers to spaceships, for hours at end. These are pretty helpful in sparking creativity and imagination. Another benefit of learning to play with building blocks is that it activates logical thinking and motor skills in young toddlers and kids.
Art and craft open-ended toys
Providing toys that include arts and crafts kits is another way to keep kids hooked. These toys help engage their sense of touch, sight, and sound. Moreover, these toys help develop fine motor skills and hand-eye coordination. They keep kids busy for hours, helping them explore their creativity and self-expression.
Board games are a good source of entertainment that keeps kids busy. Some of the most popular and classic board games have been sources of valuable opportunities for social interaction and learning for the past many years. Moreover, many of these games help younger kids develop strategic thinking skills that can be useful as they grow older.
Puzzles are excellent for kids who enjoy playing alone or with others. Age-appropriate puzzles can provide the necessary challenge to keep them engaged for hours. Furthermore, jigsaw puzzles and 3D design-based puzzles can help children improve their problem-solving abilities and develop patience.
Outdoor play equipment
Outdoor play equipment and toys provide children with a more engaging and active play experience. When the weather is pleasant, kids can enjoy hours of fun while getting the necessary physical exercise. Bikes, scooters, and skateboards are popular and timeless choices for outdoor play equipment. Contemporary options like hoverboards, trampolines, swing sets, climbing structures, and rollerblades can also be great. However, it’s essential to ensure children wear the appropriate safety gear, such as helmets and elbow pads, while using such equipment. Additionally, it is crucial to keep a close eye on them at all times to prevent any accidents or harm.
Dolls and action figures
Most kids can spend hours indulging in imaginative play. One of the best ways to help them do so is through toys such as dolls and action figures. Providing them with the dolls of their favorite characters can encourage role-playing and storytelling. Also, toys such as dollhouses, playsets, and accessories can help to add excitement to their play experience as they create their narratives and stories during playtime.
Educational toys can be a fantastic option to keep kids occupied for extended periods. These toys allow children to play while learning essential skills. For example, STEM-focused toys, robotics, and science experiment kits can encourage kids to be interested in the world around them. Additionally, these toys provide a fun way to help kids develop their cognitive skills.
Investing in a good robot vacuum cleaner is a must for keeping your house clean and tidy with minimal human effort. A quality robot vacuum cleaner should be able to effectively clean all surfaces and accurately travel across the house. You will come across several robot vacuums options in the market, ranging from simple floor cleaners to technologically advanced smart devices. Here are four of the most effective robot vacuum cleaners for your consideration.
eufy® BoostIQ™ RoboVac 11S
The RoboVac 11S is an ultra-slip robot vacuum floor cleaner that features the eufy’s BoostIQ™ Technology. The suction power of this vacuum gets automatically increased when it detects a surface that needs extra cleaning. This device can consistently clean for approximately 100 minutes at a stretch on hardwood floors, and the noise is next to negligible. The eufy BoostIQ RoboVac 11S is currently priced at approximately $200.
ILIFE V3s Pro Robot Vacuum Cleaner
This robot vacuum is ideal for those who have pets in their house. It features tangle-free suction passage technology that helps pick up pet hair and gets rid of dust and dirt from floors. The different cleaning modes available enable the ILIFE V3s Pro to efficiently clean hard-to-reach spots on the schedule that you set. It can run for 90 to 100 minutes and is self-charging. On the official website, this robot vacuum is available for around $160.
iRobot® Roomba® 614 Robot Vacuum
The Roomba 614 from iRobot is one of the most popular robot vacuum cleaners in the market. It can spot clean wherever you want it to on the floor and can even be sent to the charging dock before its designated time with the click of a button. The Dual Multi-Surface Brushes can efficiently clean dust, dirt, as well as pet hair from your floors and carpets. You can buy this vacuum cleaner for $250 on the official iRobot website.
Ecovacs DEEBOT 500
If you don’t like the constant white noise of a robot vacuum cleaner in the background, the DEEBOT 500 is a great option for you to consider. It features multiple cleaning modes, automatic charging, and is even compatible with Alexa. You can buy this quiet robot vacuum cleaner for a price that ranges between $170 and $250.
Being a pet parent is not easy. You must pay close attention to what your dog eats and customize a menu depending on their breed, age, and other factors. Thankfully, various dog food brands have healthy and tasty options, making your job easier. But, loading up on pet food can be expensive, so make the most of the upcoming Black Friday sale. Here are five deals to expect in 2022.
BLUE Wilderness Chicken with Grains for Puppies
This recipe from Blue Buffalo has chicken, oats, and barley. It also has fruits and vegetables that supply energy to match a pup’s curiosity and playfulness. The meal helps build immunity and supplies the necessary nourishment for development. Expect to get it for up to 30% off during the Black Friday sale.
IAMS Proactive Health Adult Small and Medium Breed Dry Dog Food
It is ideal for small and medium dogs over a year old. The recipe has quality ingredients that support a healthy coat, digestion, and teeth growth. This IAMS dog food also helps build strong bones and muscles. A 1kg pack currently costs around $35, but you may get it for up to 20% off on Black Friday.
Royal Canin Urban Life Adult
A pet dog living in an urban city or busy setting is most likely exposed to pollution. This Royal Canin wet food has fish as the first ingredient and contains antioxidants that can reduce the stress they face from noise and crowds. Customers may get it for up to 30% off during the holiday sale.
Purina Beyond Simply Farm-raised Chicken & Whole Barley Dry Dog Food
Farm-raised chicken is the primary ingredient in this recipe. It is a limited-ingredient recipe that contains fiber-rich grains, vitamins, and nutrients. It is also high in protein and amino acids that help strengthen muscles and keep dogs energetic. Expect up to 20% off in the coming months!
Instinct Raw Frozen Chicken Patties
Instinct specializes in raw food with minimal processing to retain the freshness of the meat. Its chicken patties are burger-sized patties made with real chicken, fruits, and vegetables that build immunity, improve gut health, and maintain healthy skin and coat. You may get a whopping 61% off on this one.
Nature’s Variety Selected Norwegian Salmon
This recipe has deboned Norwegian salmon as its primary ingredient. The fish is fresh and has nutrients crucial for a dog’s muscle and bone growth. Its other ingredients include fruits, vegetables, and specific other superfoods. You may get it for up to 34% off.
ORIJEN Amazing Grains Six Fish Recipe
It uses fishes like mackerel, herring, monkfish, Acadian redfish, flounder, and hake as primary ingredients. Plus, there are grains like oats and quinoa, so your dog gets enough fiber. This dog food has prebiotics and probiotics to regulate gut health and prevent indigestion. Get this ORIJEN product for around 25% off this Black Friday.
Taste of the Wild Ancient Mountain Canine Recipe with Roasted Lamb
This recipe combines pasture-raised lamb and traditional grains like sorghum, millet, chia, and quinoa. It is rich in both protein and antioxidants. In addition, it has probiotics for healthy digestion and omega fatty acids for building immunity. Expect up to 35% off during the sale.
Castor & Pollux PRISTINE Grass-Fed Beef & Oatmeal Recipe
Grass-fed beef is the first ingredient in this recipe, combined with healthy grains. The product does not contain artificial preservatives, colors, or fillers like chickpeas or potatoes. Pet parents may see this recipe go on sale for up to 40% off its original price.
Merrick Chicken Sweet Potato Recipe
Merrick has several grain-free recipes with meats like chicken, lamb, duck, or buffalo as the first ingredient. This chicken and sweet potato recipe is enriched with omega-3 and omega-6 fats for your pet dog’s overall growth and immunity. You may get it for up to 35% off.
According to FBI reports, there are over 1 million burglaries every year across the country. It is essential to keep our homes and businesses safe. One way of doing so is by installing a security system around the premises. The most essential part of this system is the security camera, which helps you keep an eye on the place even when you’re not around. Avoid these common mistakes when installing security cameras:
Choosing the wrong location for the cameras
The most important factor when installing cameras is their location. For them to truly be beneficial, they need to have a clear line of sight to your areas of interest (such as doors or lockers). Having some visible cameras is also a great way to ward off intruders. Other cameras can be more discreetly placed to monitor areas without their knowledge.
That’s not all. Putting security cameras too low lets any criminal disable the surveillance system by cutting the wires or spraying black paint on it. Ensure that the cameras are placed at a higher level, so criminals cannot reach them without a ladder.
Having bad security software
Security cameras and surveillance systems are only as good as the software that backs them up. Ensure you invest in quality security camera software that can be updated regularly.
Not having a backup power source
Keeping your cameras online, especially during power outages, is important to prevent burglaries on your property. Install a backup power source when installing your cameras to avoid this risk.
Not being careful when you DIY
Often, camera installation mistakes happen when people try to put up their cameras themselves. If you would like to carry out the installation yourself, look for easy plug-and-play security options like Lorex Wireless Security Cameras that connect to your WiFi network in minutes and record all the data to an onboard MicroSD card or call a professional camera installation service to do it for you.
Installing wireless surveillance security cameras is one of the best ways to protect your property from invaders or trespassers. This technology helps users avoid the tangled mess of wires and the risk of losing data if the cables have not been weather-proofed. Avoid these four common mistakes to keep your home, business, or valuables safe and secure.
Jewelry is often a significant investment and often one that can last forever. Whether you define your personal style as timeless elegance or modern chic, there are certain jewelry pieces you must have in your wardrobe. These can help you dress up your clothes effortlessly and add layers of glam and oomph to your look. Check out these seven jewelry pieces every woman must invest in to elevate their outfits:
Hoop earrings are a versatile and timeless piece of jewelry that can quickly add a little glamor to any outfit. Whether you’re dressing up for an evening out or want to add some pizzazz to your work attire, a pair of mid-sized hoops is the perfect solution.
You may think that watches would go out of fashion with the rise of mobiles, but that’s just not true! As a luxurious finishing accessory, watches can go a long way in helping you upgrade your look and make a fashion statement. Based on your budget, invest in the best material and craftsmanship to make yourself truly stand out.
Bracelets, especially tennis bracelets, are an elegant addition to any outfit. A traditional tennis bracelet is generally made with diamonds, and it encircles the wrist in an ‘eternity’ style. These bracelets are also often considered a marker of status, and their simplistic look makes them easy to pair with any ensemble.
If you’ve been paying attention to runway trends of late, you must have noticed that cocktail rings are back in fashion. Originally popularized in the 1920s, these oversized pieces are the perfect way to elevate any simple outfit. What’s more is that you do not need to invest in multiple pieces, or worry about stacking up, as you would with more traditional pieces. One single ring is enough to make a fashion statement!
There are several different colors of gemstones to choose from! Take some time to find out what colors suit you best – whether it’s topaz blue, emerald green, or ruby red. Get jewelry made with your preferred colored gemstones to pique interest in your outfit, and leave a bold, lasting, and confident impression.
Diamond studs are the perfect everyday earrings. They are a chic investment and are generally the first purchase of any new jewelry collection. They are a perennial favorite whether you choose to dress down or up. Look through your options to find a quality pair of diamond studs and enjoy a timeless accessory forever!
Chain necklaces have been one of the biggest trends in recent years. They are popular in various styles, such as the cable chain, belcher or rolo chain, box chain, ball chain, snake chain, byzantine chain, popcorn chain, curb chain, serpentine chain, infinite chain, and more. These work best when layered over casual outfits, chunky knits, or plain dresses to add an element of interest to your look. Find such jewelry pieces from top brands like Kay Jewelry that best fit your taste and aesthetics. The brand offers curated collections across various price points compatible with contemporary styles and trends.
Investing in jewelry does not mean having to fork out hundreds of dollars for designer pieces. Look for pieces within your budget to help you add a little flair to your outfit and help give you a confidence boost!
When the tangible world gets overwhelming, there’s nothing more comforting than plugging in your earphones and tuning into your favorite podcast or listening to your curated playlist. Well-designed earphones ensure noise cancellation and superior bass and sound quality. However, with the wide variety of earphones available today, shortlisting one pair can pose a challenge. We have a definitive guide on things to consider to choose the perfect pair of earphones and ensure an immersive experience:
The type of earphones
The market abounds with different types of earphones – on-ear, in-ear, wireless, and open-back earphones, to name a few. Purchase your earphones, considering what device you will typically connect them to. For example, if you use your earphones only at your desk, you may not require wired earphones. However, if you use them while doing household chores, exercising, or traveling, you might want to consider purchasing wireless ones.
Frequency response refers to the range of frequencies a device can cover. A higher frequency range indicates better sound quality and vice versa. It is a good idea to check your earphone’s frequency response prior to purchase. Subtract the maximum and minimum frequency values of your earphones to determine the frequency range.
Your earphones must have key features like the ability to enable voice assistance, regulate music, good connectivity, and enhanced true wireless stereo (TWS) quality (wherever applicable). Additionally, you may opt for earphones with advanced features, as per your requirements. Check all the features of your earphones and compare them with your personal needs before making your purchase.
If your earphones or AirPods are battery-operated, ensure to check their battery life before your purchase. In the case of earbuds, one must check the case capacity — the higher the case capacity, the longer your earphones’ battery life.
Reviews and word-of-mouth
The importance of reviews, feedback, and word-of-mouth should never be underestimated, even with regard to technology. It helps to read reviews online, watch unboxing videos, and consult people in your social circles about the durability and quality of the earphones you are planning to purchase. Such feedback can help you make an informed decision.
Another aspect to look for in your earphones is the level of sound isolation or noise cancellation. Typically, in-ear headphones and AirPods ensure better sound cancellation; however, choosing the right AirPods and earphones is essential to ensure comfort. Choose earphones with better sound isolation, particularly if you reside in a bustling neighborhood or plan to use your earphones while commuting.
Selecting the perfect earphones is no rocket science – a thorough consideration of your needs vis-a-vis the features and prices of different earphone pairs can help you pick the right ones.
Apple AirPods Pro
Apple’s latest AirPods Pro release was announced on September 7, 2022, and launched on September 23. Currently priced at $249, these AirPods can be customized with Memoji, Animoji, or emoji engravings. These AirPods incorporate a sleek, esthetic design with direct touch control from the stem for media playback, longer battery life, a new charging case, and extra ear-tip size. It facilitates remarkable sound cancellation and a lightweight body, together with a low-distortion audio driver and a custom amplifier.
Moreover, the new adaptive transparency feature eliminates loud environmental noises and ensures an elevated auditory experience for daily use. This pair of AirPods redefines “immersive” by incorporating the TrueDepth camera feature, which users can access through their iPhones, iPads, Macs, and Apple TVs. It allows one to create a personal profile for Spatial Audio, delivering highly customized listening of movies, music, and TV shows. Moreover, you can now charge your AirPods Pro with your Apple Watch charger, facilitating considerable convenience. Your brand-new AirPods Pro can be ordered online and is sure to redefine your listening experience.
Choosing the right cat food is important to ensure the health and happiness of one’s feline companion, and the best time for pet owners to save on pet supplies is just around the corner. Black Friday 2023 is set to offer a once-in-a-year opportunity to score fantastic deals on cat food. Drawing from past year’s trends, here are some Black Friday discounts on the top 10 cat food categories one can expect to see this year.
1. Dry cat food (kibble)
Dry cat food, often called kibble, is a popular choice among pet owners for its convenience and longer shelf life. Popular brands like Whiskas, Royal Canin, Purina ONE, and Blue Buffalo offer a variety of dry cat food options. Retailers such as Petco, PetSmart, Chewy, and Amazon stock these brands. During Black Friday 2023, shoppers can look for major discounts on dry cat food, along with bundle deals and coupons to maximize savings. Last year, Inaba, Greenies, and Temptations offered up to 50% off on cat treats. Similarly, Chewy offered about 46% off on 20-pack lickable and creamy cat treats, including chicken, tuna, and scallop flavors.
2. Canned cat food
Canned or wet cat food is known for its high moisture content and different flavors. Cat food from brands like Wellness, Fancy Feast, Tiki Cat, and NUTRO may be discounted on their brand websites as well as in stores like Walmart, Target, Kroger, and specialty pet stores. Last year’s Black Friday trends include discounts up to 40% on wet cat food as well as some Buy One Get One (BOGO) deals and limited-time promotions.
3. Semi-moist cat food
Semi-moist cat food offers a middle ground between dry kibble and wet canned food, and it usually resembles small meaty chunks or bits. One can find these products at well-stocked pet supply stores, online retailers, and brands like Meow Mix and 9Lives. Last year, Chewy, for example, offered Black Friday deals of up to 50% off on select cat food and treats, including semi-moist food. While discounts on this type of cat food may be limited compared to other types, it is worth keeping an eye out for any special offers or bundle deals during Black Friday 2023.
4. Raw cat food
Raw cat food is made from uncooked, raw ingredients such as meat, organs, fish, and sometimes vegetables. It is often considered a more natural and biologically appropriate food for cats, resembling what they might eat in the wild. Raw cat food is available in frozen and refrigerated options, and needs to be thawed before serving. Apart from direct discounts of up to 50%, Chewy gave an additional $30 e-gift cards on purchases above $100 and free delivery during Black Friday last year, making it an excellent opportunity for cat owners to stock up on this nourishing cat food option.
5. Freeze-dried cat food
Freeze-dried cat food is a type of raw food that undergoes a freeze-drying process to remove moisture while preserving the nutritional content. This can be stored at room temperature for extended periods. Raw cat food is typically refrigerated or frozen, while freeze-dried cat food is dry and shelf-stable. Both these types are minimally processed and are preferred by pet owners seeking premium nutrition. Brands such as Primal, Whiskas, Stella & Chewy’s, and Instinct are popular in this category. Freeze-dried cat foods can be found at specialty pet stores like PetSmart and Petco and online retailers like Chewy and Amazon. Going by past year’s trends, shoppers may expect to save up to 25% or even more on raw and freeze-dried cat food during Black Friday sales.
6. Grain-free cat food
Grain-free cat food is sought after by pet owners looking to avoid common allergens. Brands like Wellness CORE, Merrick, and Natural Balance offer grain-free options. Last year, during shopping season, Blue Buffalo gave nearly 40% off on its crunchy grain-free cat treats. Pet owners can look for similar discounts and possibly more offers on bulk purchases from pet supply stores as well as online retailers during Black Friday 2023.
7. Limited ingredient cat food
Limited ingredient cat food is formulated for cats with food sensitivities or allergies, offering a simplified ingredient list. Brands like Natural Balance and Merrick excel in this category. During Black Friday last year, pet owners enjoyed discounts up to 30% on limited ingredient cat food from these brands.
8. Organic cat food
Organic cat food is made from certified organic ingredients and is popular among pet owners seeking the highest quality nutrition for their feline companions. Brands like Castor & Pollux and Newman’s Own offer organic cat food options. One can find these products at specialty pet stores, health food stores, and online retailers. One may get Black Friday discounts of up to 20% on organic cat food. Open Farm Pet, for example, enticed pet owners with a 20% off on any orders as well as 25% off on auto-orders, up to $150 last year.
9. Health-specific cat food
While discounts for health-specific cat food are less common, pet supply stores and online retailers may offer limited-time promotions during Black Friday. This may range from hairball control, sensitive stomach, and senior cat food to veterinarian-advised foods specific for kidney disease and food allergies. Brands like IAMS, Blue Buffalo, Royal Canin, NUTRO, and Natural Balance may give site-wide discounts. For instance, last year, PetHonesty, Zesty Paws, and Purina Pro Plan offered 40% off on vitamin supplies specific for cats. Moreover, Feline Greenies offered 9% off on its dental treats for cats.
10. Kitten food
Specifically formulated for the needs of growing kittens, brands like IAMS, Royal Canin, and Purina Pro Plan offer specialized kitten food. During Black Friday last year, various brans and retailers offered discounts of up to 35% on premium kitten dry and wet food, often with convenient same-day or free delivery options.
There are many ways to support people with a disability, and it is imperative to be vocal about it to advocate for the community. However, there is also a lot of false information and misunderstanding about people with disabilities, which is why it’s crucial to dispel myths and taboos. Additionally, specific days are dedicated to raising awareness and support for disability rights and voices. So, here are some ways to show kindness and support.
Offer help with consent
Assuming that a person with a disability will require assistance may be an unpleasant idea to some. Therefore, one must always get permission before offering help, as this allows them to communicate effectively. Since they know their needs better, it is always best to follow what they suggest for their assistance.
Provide a comfort zone
It can make people with disabilities uncomfortable when they are being stared at, or their disability is being pointed out. Creating a safe environment where they can be themselves is essential to support them. One must pay attention to small gestures like maintaining eye contact while conversing and not focusing on the disability to make a difference. During conversations, it’s best to talk about constructive topics like family, work, music, or any fond memory of theirs. This gives them a sense of belongingness and uplifts their mood and mental health.
When conversing, treating the other person with respect and kindness is important. One should avoid using a condescending or patronizing tone and always maintain a normal tone. It is crucial to address the person directly and not their caregiver if they are present. Additionally, some people may have service animals, so seeking permission before petting them is crucial.
Educate children about being compassionate
Children are naturally curious and always eager to learn about the world around them. When they come across someone with a disability, they may get curious and start asking questions. Instead of shutting them down or pulling them away, this can be an excellent opportunity to teach them about disabilities respectfully. For instance, if they ask why someone is in a wheelchair, one can explain that some people use wheelchairs to move around. Depending on every parent’s teaching approach, the answer can be tailored to their age. The main idea is to help children understand that everyone is unique and should be treated by everyone with respect and kindness, regardless of their differences.
Always park legally
It is important to remember that there are designated parking spaces for individuals with disabilities, and it is crucial to respect their needs by respecting their space in public. Choosing to park in a parking spot that is specifically marked for disabled people is equivalent to taking away their right to free and safe access in public.
Respect personal space
It is essential to be aware of the wheelchair, cane, or any other device a person with a disability may be using. Treat them with the same respect for personal space that one would give to any other person. Also, one must obtain permission before pushing their wheelchair or cane.
Buying a vehicle can burn a big fat hole in your wallet. This is why it makes sense to lease a vehicle rather than spend a whole lot of cash buying one. But is that all there is to leasing? Are you sure that leasing a car for long periods won’t turn out to be expensive? Are you aware of all the clauses in your lease? Are you getting a good car leasing deal? If you want these questions answered, this article will be of help.
Leasing a car is basically like renting an apartment. The car is not yours but you get to use it for a stipulated period of time in exchange for a sum of money. This sum is based on the value of depreciation of the car, fees, interest, and taxes.
Leasing a car is no joke. The entire process can even leave veteran car buyers dumbfounded. But is it worth the money? Yes, but if you meet the following criteria:
Tips to Find Great Car Leasing Deals
Here are four handy tips that will help you get the right car on lease:
Investment of any nature and for any goal is always a good idea, apart from saving for your retirement. The rising rate of inflation coupled with reduced pension plans demonstrate the need for retirement-focused investments, which will not just deliver value over an extended period of time.
That being said, not all assets are capable of delivering high returns at low risk and have their own set of importance to investor portfolios. To help you make an informed investment decision, here are some best retirement investments and their pros and cons.
Similar to pensions, a cash-balance plan offers a fixed amount of return at the time of retirement. However, unlike pensions, every employee has a cash-balance account where the lump sum amount is mentioned. Employers credit this account with a set percentage of the employee’s yearly compensation plus interest charges.
Pros: A defined-benefit is a major attraction of cash-balance plans. Additionally, you don’t have to pay a single penny for it and yet it offers a tremendous certainty of retirement funds. In case of a job switch, these accounts can be transferred to your new job.
Cons: Should you choose to retire early, the plan wouldn’t benefit much. Moreover, older employees stand to lose if the employer switches from pensions to cash-balance plans.
Retirement annuities are contractual insurance-like agreements between you and the insurance company. Similar to various types of insurance, you pay a specified premium monthly or a lump-sum amount to the insurer for a specified period of time. In return, you get monthly, semi-annual, or annual income from the insurance company after retirement.
Pros: The biggest advantage of annuities is the promise of a guaranteed stream of income until you live. Annuities are also tax-deferred, which gives you control over when you pay your taxes. Fixed retirement annuity, meanwhile, even promises a certain rate of return.
Cons: Annuities demand hefty fees, which are mostly paid to agents. A way to get around it is to buy it directly from the insurer. Lack of liquidity, higher tax rates, and its complexity are some of the other drawbacks of this asset.
Balanced funds are a good choice for investors nearing retirement. Here, your money is invested across a range of stocks and bonds. Primarily, 60% of your money is invested in stocks, and the remaining 40% in bonds. These funds are different from target-date funds, which are designed for individuals looking to retire at a specific time.
Pros: The biggest advantage of balanced funds is its diversification. Money is allocated in both stocks and bonds simultaneously, unlike investing individually in both which can prove challenging. Also, a mutual fund management team provides continued assistance and guidance, which is highly important for maximizing returns.
Cons: Fees can sometimes be higher in balanced funds and investors themselves have little say in the allocation of funds in different assets.
Roth gold IRA
Another option worth considering is Roth gold IRAs, which can be used to invest in tangible assets such as art, antiques, collectibles, and real estate. Contributions to this account are made post-tax and are considered non-deductible. For those up to the age of 49, the contribution limit is capped at $6,000 per year. Those who are 50 and older can contribute up to $7,000 to this account.
Pros: These contributions can provide a safety net against inflation, as they retain their value well. They are also a great option for those who are looking to diversify their investments.
Cons: Roth gold IRAs are associated with high maintenance fees, volatility, and lack of liquidity. Additionally, physical assets may be associated with a risk of loss or theft.