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What is Rocket Dollar? | Reviews & Complaints to be Found?

May 23, 2022 by admin Leave a Comment

Today we will look at the Rocket Dollar reviews from consumer protection agencies. What is Rocket Dollar? They are an IRA custodian company that specializes mainly in investment opportunities for individual retirement accounts. Let´s look into this new company in the industry!

Company: Rocket Dollarwhat is rocket dollar

Website: www.rocketdollar.com

Founder: Henry Yoshida

Price: $360 Setup fee +$15 per month

Who is it for?: Self-directed investors, retirees

Overall rating: 3.8 out of 5 stars (3.8 / 5)


Warning!

There are many scammers who will trick you into giving them your hard-earned cash. 

They employ high-pressure sales techniques like calling you every day. 

To avoid this, please do your own research before you decide what firm to invest with. 

You can do this by checking the reviews and ratings independent 3rd party consumer protection agencies give them.

To discover which IRA investment firm consumers rate the highest… who won’t bother you with pushy sales calls… and who you can trust to protect and grow your wealth… then take a look at the top-5 lists of our Self-Directed IRA Dealers.

With that being said, let´s continue with the review on Rocket Dollar!


What is Rocket Dollar?

The company started in 2018 as a fairly new investment platform that positions itself as a low-cost platform for self-directed investors. They are there to ensure that their clients get all the help they need whenever they want to set up a Self-directed IRA or Solo 401k investment plan. The IRA or individual retirement account exists under a trust that holds investment assets acquired with an individual’s earned income for their eventual benefit in old age. The taxpayer is allowed by an IRA account to save their retirement benefits on a tax-deferred basis. 

rocketdollar reviews

Address of the company: 2028 East Ben White Boulevard Suite 240-4010 Austin, TX 78741

How Does Rocket Dollar Work?

Opening an account through Rocket Dollar is pretty simple. A client signs up online, after which he/she signs the required documents, then funds their investments. Once a client funds an investment plan, they can start buying any legal investment. It may seem simplistic, but a deeper review of the factors involved assists the understanding of the complexity of the work put into Rocket Dollar as well as how easy it is to go wrong.

By opening an account through Rocket Dollar, an individual also opens a limited liability company. This company is opened under the ownership of the client’s account. The funds used in investments and the returns go through the LLC’s checkbook since one cannot combine personal funds and investment funds.

The LLC’s control of an individual’s investments account is meant to assist in staying compliant with set laws concerning self-directed investments. However, the account holder should note that they still have to apply caution when buying and selling assets. Rocket Dollar emphasizes that it is illegal to “self-deal” or buy or sell assets you or your business own. Due to this reason, Rocket Dollar offers to help fill the form 5500 for a client whenever it’s required as part of the client’s customer service.

What products do they offer?

Self-directed retirement accounts

is rocket dollar a scam

Rocket Dollar facilitates the operation of self-managed retirement accounts by handling back-office documentation and connecting its users with prospecting investment partners. The platform offers self-directed IRAs and solo 401(k) accounts. Like retirement accounts, a Rocket Dollar user’s investment can save a huge amount of money in tax savings with high-yielding investments. 

The self-directed retirement account offers investors a broad universe of IRS-approved investments.

The investments opportunities available to Rocket Dollar clients include:

  • Real estate
  • Metals: including IRA-approved gold and IRA-approved silver, among others.
  • Precious metals are available in bars, bullion, and even coins.
  • Commodities
  • Cryptocurrency
  • Equity Crowdfunding
  • Private equity lending
  • Start-up lending
  • Conventional lending
  • Peer-to-peer lending

With Rocket Dollars, a client can invest in options that are not on the platform through the “Bring Your Deal (BYOD)” provision, which turns an unlisted option into an investable opportunity. 

As a client, one gains a wide selection of investment options to choose from whenever one needs to invest. With your hard-earned dollars positioned correctly, you will be at peace, knowing you will not lose it all in a moment. Even with the current economic and political scenario’s complexity of existing risks, you will still reap the benefits of your investment in your assets many years later. 

**Also read:

Gold in war (hedge against inflation)

How to protect your 401(k) from a market crash

How to get started?

The company’s excellent customer service makes starting an investment plan with them fairly simple. However, it is advisable for you to start by accessing their website and reviewing the different products they offer. On the website, you will also get a free guide that can provide you with more information concerning IRA plan investment and factors to keep in mind when investing. The guide is considerably helpful to investors looking to open a self-directed IRA account for their retirement. 

This will also provide some background into the company their history. Staying informed will assist you as a client in assessing the viability as well as the security of the intended investment. Should you prefer their services, the next step should be to contact the company through one of the various options given on their website.

A customer support specialist will get in touch with you and provide you with the guidance that you need to open a self-directed IRA or a Solo 401k account. They will also assist you through the investment process.

Whom Are Rocket Dollar’s Partners?

With Rocket Dollar, you can invest in almost anything with the self-directed IRA. The company has several online investment partners that assist when investing in the various options listed above. However, you should not take my word for this; it’s advisable to do your research on these companies.

The point to note is that, even if the partners are not impressive to you, with a self-directed IRA, you have the option to invest and set up accounts in the name of your IRA or Solo 401k, even when they don’t partner with Rocket Dollar.

What Are Rocket Dollar’s Fees?Gold Retired

Each account requires a $360 setup fee and an additional $15/month maintenance fee in Rocket Dollars’ silver option. Considering your account balance, this can be a preferable deal. Any additional fees incurred are included alongside these fees charged by Rocket Dollar.

Rocket Dollar has a Rocket Dollar Gold option for an expedited funding option. This option requires a $600 fee and a $30/monthly maintenance fee for people in need of support closing a deal quickly.

Comparing these fees with the free solo 401k plans by the major brokerage firms, they come out as expensive. However, this option allows you to control and invest in a greater variety of options.

How Do They Compare?

Rocket Dollar isn’t the only company in this trade. When looking for a Solo 401k or a Self-Directed IRA, the options are not limited to just a few companies, there are plenty of alternatives out there.

**On this page you can see our top-6 list of Self-Directed IRA Custodians.

However, here’s how Rocket Dollar compares to a couple of them (see more from link above):

                                 RocketDollar      ALTO           My Solo 401k Financial

Setup Fee:           $360                           $49                  $425

Annual Fee:          $180                           Up to $499    $125

Plan Types:           IRA & 401k               IRA                   IRA & 401k

What can we make out of these results?

This shows the slightly higher overall fees for Rocket Dollar; however, the effect it has on the company’s success, we are yet to see; as the company is fairly young, there haven’t been a lot of customer responses and reactions to derive from. 

How good is their support?

The Rocket Dollar platform is a self-directed IRA and solo 401k provider. It bases its operation on keeping its plan easy to set up and manage. This ensures clients can focus on other demands. They have excellent customer service, which makes their support great.

Is Rocket Dollar a Scam?Gold Retired

So, is Rocket Dollar a scam? No. The company is not a scam but a legitimate IRA investment company. They have real owners documented on their website as well as a real physical address. However, the company is still fairly young, so we are yet to know how well it develops.

Though it is a young company, it has the advantage of numerous alternative investment opportunities, so if you are experienced as a trader, the company will provide the universe of options you need as long as the high fees don’t scare you.

Rocket Dollar Reviews & complaints

One of the best way to research a company is, without a doubt, to look at reviews of the particular company, in this case, Rocket Dollar. However, we do not like to just look at “any” review but we focus mainly on the most well-knwon and trusted independent third-party consumer protection agencies. The reason why we look at those places and put the most weight on that is because only real customers of a product or service can leave their testimonials there.

Below are the reviews on Rocket Dollar:

BBB (Better Business Bureau)Gold Retired

Rating: N/A

Trustpilot

Rating: N/A

BCA

Rating: N/A

Trustlink

Rating: N/A

Yelp

Rating: N/A

As you clearly can see above we didn´t find anything on the most well-known and trusted consumer watchdogs… Again, Rocket Dollar is a very young company so that might be the reason for it.


Rocket Dollars PROS
  • Self-directed IRA or Solo 401k easy setup
  • Alternatives investment options in an IRA
  • An expedited setup option great for those with urgency
CONS
  • Slightly higher than average annual fees

Do you own or represent this company? 

Are you the owner or a representative of Rocket Dollar? Would you be interested in clarifying any of the details we have provided above or adding some details concerning the review? Any information will be added to ensure IRA prospecting investors get the best image of your platform. 

The quickest and easiest method to get in touch with us is to post a note in the comments section below or to send us an email at the following address: contact@goldretired.com.


Final words & Verdict

Verdict: Legit

Overall rating: 3.8 out of 5 stars (3.8 / 5)

Rocket Dollar makes it cheap and easy to invest retirement funds in alternatives. For an experienced person, this is a compelling opportunity. I would be reluctant to invest my retirement dollars in alternative investing. The company is still too young to predict its future capabilities.

For now, I would think it wise to wait until that platform has established a track record of successful investing outcomes. An alternative investment is a risky trade that depends on the prowess of the individuals involved. This is not a trait one can judge on impulse; it requires actual scenarios of triumph over the challenges in the business world to make what I would call “an informed decision.”

As of now, I give the platform a rating of 3.8 out of 5 stars. However, this may change to a higher or a lower index in due time as we update our reviews on this site as soon as new trends come up on the platform.

Recommendation + resourcesGold Retired

Please make sure to due your due diligence and ALWAYS compare different alternatives before you make any decisions to move forward with your investment. You are a smart person, I know that because you clearly understand the consept of doing your own research, you wouldn´t have read this far otherwise, right? So I am absolutely sure that you will find the company that suits your particular needs the best, and that you feel comfortable doing business with!


I hope you found this short review to be helpful and that you now got a better idea on what Rocket Dollar is and if it is something for you or not. We didn´t find any reviews from the consumer watchdog sites, so if you have experience yourself with this company then please share it in the comment section below as it can help others!

I wish you success!

Glanz, investor and team member at Gold Retired

Filed Under: Agriculture, Crypto, Gold, Real Estate, Retirement

Which Is The Very Best Tasting Sheep Breed To Rear For Sale?

January 30, 2021 by Eric Leave a Comment

best tasting sheep breed

Which is the best tasting sheep breed? Can you rear it for money? Does it have many demands? Join me as we go through this very interesting topic about sheep. Most people do not mind having a decent chunk of good-tasting lamb and mutton. Thing is, they do not exactly understand where the meat has been sourced from and which sheep breed is behind the impressive taste. Here are some of the best tasting sheep breeds that are preferred by shepherds from:

Oncoming food crisis 2021 and beyond- here’s how to survive and profit as a farmer or investor 


  1. Suffolk

This is a very popular sheep breed, that is reared for its meat and milk. It is also loved for its excellent reproductive capabilities and is thus a great choice for farmers who want to increase the size of their flock faster.

These sheep are usually calm and docile, and they have an appearance that’s different from that of other sheep. You can tell them apart from the other breeds due to their black face, ears, and legs, which do not have any wool.

This breed has an impressive feed-conversion characteristic and happens to have a very fast growth rate (one of the fastest amongst all sheep breeds). Its meat is loved for having the following properties:

  • Good texture
  • Excellent taste
  • Distinctive flavor
  • Decent moisture content
  • Less fat content

The ewes usually give birth to 3 lambs annually, and these lambs grow up pretty fast. Suffolk has been found to be a very great terminal breed with other sheep breeds. The crossbreeds produced are quite heavy and can be marketed at about three months of age, or with a weight of about 100 pounds. The fact that you can sell the lamb at a very early age simply translates to less medical expenditure, less feeds, and less labor in general.

Suffolk is a great breed, but they only perform well on a good pasture and require consistent supplementation. Supplementation is a must if you do not have top-notch pastures. Some shepherds complain about how this breed feeds a lot, but this should be normal, considering that they have a very fast growth rate.


  1. Charolais

This is one of the recognized domestic sheep breeds in the present-day world, that have their origin in Burgundy (France). This breed is medium to large-sized and has somewhat larger than average muscles. You can recognize them by their pink-grey faces and legs, and the generally fine to medium wool that covers their body.

This breed has generally been used as a terminal sire to help increase the muscling process of the lambs. The resulting cross breeds also have a faster-than-average growth rate.

Charolais are generally heavy muscled, and they give rise to lean carcasses, that are quite ideal for the meat trade. Generally, we can say that the Charolais is a desirable sheep breed amongst shepherds due to the following properties

  • Fast growth
  • Lean quality meat
  • High yield
  • Easy lambing

They are, unfortunately, poor foragers, and would need supplementation if they do not have access to good pastures.


  1. Cheviot

This breed was originally a mountain breed that was reared in the Cheviot Hills that are found between Scotland and England. Cheviot is quite hardy and can withstand very harsh winters. You can tell them apart with their small head that is covered with very fine white hair, which is also found on their legs.

This breed makes it to this list due to the two outstanding traits that make it ideal for use in sheep farming, which are:

  • Although they are short, they also have very good meat quality, and they are hardy. The ewes are known for having very strong mothering instincts, and for having problem-free lambing.
  • Cheviots usually perform quite well on poor quality pasture and can survive without high supplementation needs.

  1. Tunis Barbari

Tunis is suspected to have originated some 3000 years ago in the African nation, Tunisia. They are fat-tailed sheep that regular lamb eaters prefer.

Shepherds have identified these sheep as being impressive foragers and grazers. They do not usually need extra supplementation and are very profitable.

Also, as much as this breed is a dual-purpose breed, nowadays these sheep are mostly raised for market meat production. They’re hardy and can do well even in a hot and dry climate.


  1. Icelandic Sheep

Viking settlers introduced this sheep breed to Iceland about 9000 years ago. It is currently known to be one of the purest sheep breeds in the world, owing to the fact that it has not been crossbred with other sheep breeds. Their meat is appreciated in all corners of the world for having a mild flavor, as well as its organic purity.

Icelandic sheep are yet another breed of sheep that can earn you impressive profits. They do quite well even on poor pastures, without requiring extra supplementation. The meat of Icelandic lamb is quite tender and is loved for its very fine texture. Their lambs are ready for marketing at about 4 to 5 months.

How will the agricultural industry behave in this decade? Which trends can you benefit from? Here’s what the experts have to say about it


  1. Blackbelly (Barbados Blackbelly and American Blackbelly)

The Barbados Blackbelly is one dark-haired breed that came from Barbados. The American Blackbelly, on the other hand, resulted from crossbreeding the naturally polled Barbados with the following sheep:

  • Mouflon sheep
  • Dorsets
  • Merinos

These breeds happen to be very similar in their general characteristics, and they both have small carcasses.

Even with the small body size, they do not disappoint when it comes to excellent taste and quality of meat. Unlike the other breeds that we have already mentioned here, this breed is not very common amongst farmers who rear sheep for meat.

Farmers who rear them have often reported that Blackbellies are great at resisting parasites, as well as heat stress. These sheep do not also clear pastures very fast and do not have many feeding demands.

Their ewes give birth twice a year, and they get 1.5 to 2.3 lambs each lambing session.


Sheep farmers make lots of money selling part of or their entire flocks. We have seen from time to time how the agricultural industry is bound to thrive owing to the fact that food is a basic need. As the human population increases, so does the demand for different types of food, including animal proteins such as lamb and mutton. That said, there are investors who have discovered ways to make money even as the looming food shortage becomes a reality. Have a look at the recommended resource below:

Recommended Resource | How To Invest In The Agricultural Sector This Decade 


That’s all for this article about the best tasting sheep breed. I hope you now know which sheep breed will fetch you more money in the meat market. If you came across this post as you were looking for ways in which you can make more money as a farmer or investor in the agricultural industry, then you should have a look at what the recommended resource has to offer.

I wish you well,

Eric, Investor and Team Member at Gold Retired!

Filed Under: Agriculture

What is PLAAS farmers token | Is It Genuine Or Is It A Scam?

January 23, 2021 by Eric Leave a Comment

What is PLAAS Farmers token? What makes it unique? Should you purchase it or not? Hello and welcome to today’s comprehensive review of this outstanding token. Here are the main items that we shall go through in a bid to make you understand what PLAAS is all about:

  • What is PLAAS farmers token? What is PLAAS farmers token?
  • What is PLAAS?
  • The Problems  PLAAS is out to solve in the present-day African agriculture setting
  • How does PLAAS solve the problems?
  • The entities that PLAAS attends to in a bid to create better supply chains for farmers
  • Is PLAAS farmers Token Genuine or Is It A Scam?
  • Pros and Cons

Name: PLAAS farmers token

Official Website URL: https://www.plaas.io/

Overall Rating: 3.7 out of 5 stars (3.7 / 5)

Recommended: Yes

P.S.

You might want to have have a look at this alternative to making money in the agriculture industry (tips from a top financial advisor )


What is PLAAS farmers token?

PLAAS farmers token is an ERC20 token that is used on a platform known as PLAAS. The token is listed on several exchanges, including EtherFlyer, Uniswap, CoinMarketCap, Indoex Global Exchange, CoinGecko, Etherscan, Coincodex, Blockfolio, nomics, CoinStats, CMC.IO, Coindataflow, and athcoinindex.


What is PLAAS?

PLAAS exists as a platform that makes it possible for a virtual market that empowers African farmers to thrive. Farmers can, on this virtual market seamlessly trade their products at the standard market price. This significantly increases their income earning potential and enables them to access information that helps them improve their crop production activities, in a bid to match up the standards set by farmers in developed nations.

PLAAS is out to revolutionize agriculture in Africa, a continent in which most farmers are still struggling to thrive in this sector. The creators of this platform are doing so by setting up new pillars upon which a fair market can rest on, including:

  • Overseeing farm inventory
  • Improving the existing agricultural supply chains
  • Modernizing existing farm management software (FMS)
  • Optimizing AgTech Internet of Things
  • Establishing fair pricing systems for products in the market.
  • Enabling the transparent oversight and payment of various agricultural subsidies
  • Setting up solid and reliable community-supported agriculture structures.
  • Enabling convenient mobile remittance for small farmers
  • Creating a suitable environment for the incentivizing sustainable practices

This company that owns and operates this platform is managed by a team of qualified experts. Some of the main decision-makers in the managerial team include:

  • CEO-Emmanuel Adams
  • Chief Operating Officer and Co-founder – Koketso Pelo
  • Head of Marketing and co-founder- Anderson Itireleng
  • Co founder –Alakanani Itireleng
  • Corporate Development – Trevor Musa
  • Head of Finance – Kgosi Gaetsewe
  • Advisor – Harveen Narulla
  • Advisor – Timothy Tim Tayshun
  • Strategy Officer – Felix Ugoji
  • Head of Research and Development – Kgwadu Modiri

The Problems  PLAAS is out to solve in the present-day African agriculture setting

The African Agricultural sector has for years lagged behind, owing to a number of factors, including financial and political constraints. With PLAAS, farmers can join a free market, in which they are not limited by constraints over which they have no control. This platform does this by solving the problems below:

  • The lack of transparency in the food supply chains in most countries
  • Inefficiencies in the establishment of credit histories and difficulties in the enforcement of contracts in financial institutions
  • The adulteration of various agricultural and meat products
  • The ridiculous manipulation of products by middlemen and the large corporations in this sector
  • The general inaccessibility to high-quality seeds and raw materials
  • The general inconsistency in the management of farming records
  • The inaccessibility of non-manipulated information by most farmers.

How does PLAAS solve the problems?

PLAAS presents the solutions to the above problems in the following ways:

  1. Tracing and Tracking

This platform makes it possible for the producers and consumers to track and trace the origin of various crop and animal products, and to make use of immutable ledger accounts that show the full details of the products the farmers want to purchase or sell.

  1. Smart contracts

The records of the transaction are usually stored on PLAAS’s decentralized smart contract platform, hence making it possible for farmers to access the records of the products they have sold or purchased daily.

  1. Data

This system is built to capture information in real-time using technology such as:

  • Animal Radio Frequency Identification (RFID)
  • Global Positioning System

The farmers can then utilize this data to make crucial decisions, in a bid to get better produce and better income to that effect.

  1. Node Validators

PLAAS utilizes node validators to inspect and approve the items sold on the platform. In addition to that, the node validators come in handy in the determination and examination of the quality of crops.


The entities that PLAAS attends to in a bid to create better supply chains for farmers

The claim to offer farmers better opportunities at making a higher income through presenting a solution that is based on a more efficient supply chain can be strengthened by having a look at the entities that make up the supply chain. The creators of this platform have the following elements in their new supply chain approach:

  1. Farmers– these are the producers who can communicate about their products to the rest of the world by a mobile app. He or she can also visit the nearest education or trade center to access a smartphone if they don’t own one.
  2. Storage – this points to a network of storage and other trusted places in which products can be inspected before being securely stored. Elevators for products such as cereals have to be placed in strategic places all over the country to make access to them significantly easier. The storage facilities also have to be equipped with high-quality labs or certification offices. The quality of the products is determined at this point, and if the product is traceable, they can begin making use of RFID and blockchain technology.
  3. Buyers – these are the registered organizations that are capable of purchasing agricultural products and getting them from the storage facilities.
  4. Logistics– This refers to the organizations that should facilitate the delivery of agricultural products if need be.
  5. The trading platform – this is the virtual place of the trade. Everybody has access to this place.

Is PLAAS farmers Token Genuine or Is It A Scam?

PLAAS Farmers Token is, in my opinion, a genuine token. We have discussed a lot about what PLAAS is out to solve, and it’s easy to see that the token’s relevance in the present-day world can go undisputed. The fact that PLAAS is listed on some major crypto exchanges such as Coinbase also a good reason to have faith in its genuineness.

If you are a crypto trading expert, then you can purchase this token and hold it with the hope that it’s value will increase in the long run. Else, you can have a look at how the best investors in the field are planning to make their money in this decade:

Borrow a leaf from the top investors’ playbook | Investing like a pro in the agriculture sector 


Pros and Cons

Pros

  • PLAAS’s existence should solve real problems in the agriculture sector
  • The token’s value has room to significantly increase

Cons

  • Relatively small volumes traded per day
  • Still very new to the industry in comparison to the larger market cap cryptos

Final Words and Verdict

Verdict: Legit

Overall Rating: 3.7 out of 5 stars (3.7 / 5)

PLAAS farmers token’s popularity isn’t as great as that of other tokens in the industry such as BTC, ETH, and LTC. That said, however, the token has the capacity to grow over the years and help farmers s0lve a host of problems that have limited them from earning their rightful income. Such value-addition to society may eventually lead to an increase in the overall value of the token. I can’t say I’m much of an investments expert so my two cents on the position of this token should be taken with a grain of salt. You can, however, have a look at what investors in the agriculture sector are planning to do about making money in this new decade.

Recommended Investment Alternative | Research-backed investment approaches to making money in the agriculture sector 


There you have it with this article on what PLAAS farmers token is all about. Hopefully, you gained some value from it, and you now have a clear understanding of why it exists in the first place. Do not forget to have a look at my recommended investment alternative resource as well – you could end up getting a new source of wealth.

I wish you well,

Eric, Investor and Team Member at Gold Retired!

 

Filed Under: Agriculture

What Are The Profitable Herbs To Grow For Sale As A Farmer?

January 17, 2021 by Eric Leave a Comment

profitable herbs to grow for sale

Today we shall look at some of the most profitable herbs to grow for sale. Herbal farming may not be very conventional in most corners of the world, but it has found its place amongst farming communities that know the value of these crops. Herbs have many significant uses, ranging from culinary, medicinal, ornamental, and cosmetic purposes. Some of the most profitable herbs in the present-day world include basil, dill, and parsley. As is with all the commodities, however, success at selling these herbs is generally dependent on finding people who purchase them for direct consumption, or for use as a by-product.

Some common applications of Herbs

As we have already highlighted, herbs have many uses. They are those that can be used to achieve a number of purposes, but most happen to fall in one of the following categories:

  1. Culinary – Some culinary herbs are more popular than others. Culinary herb farmers sell them in their dry form, or as potted plants so that they can be used to season various foods.
  2. Medicinal –There are herbs that have impressive benefits as far as bodily functions such as sleep, digestion and mood are concerned. Farmers who grow herbs for medicinal purposes have to grow them organically and label them appropriately.
  3. Cosmetic – some herbs are best left for use in the manufacture of products such as lotion, soaps, and perfumes ( common and rare).
  4. Ornamental- such herbs are used in decorations like wreaths.

How to survive (and PROSPER) during the looming global food crisis as an investor 


Where are herbs grown?

Before growing your herbs, you must consider the required budget, as well as the location in which you will grow them. Growing herbs in a greenhouse can be a lot easier than growing them as potted plants. The costs of setting up a greenhouse may, however, get quite high.

If you consider starting with pots, consider using six-inch pots, so that your plants become. Do not forget to check quantities such as soil quality and ph balance before planting them, as this may significantly affect the quality of your harvest.


Which are the most profitable herbs to grow for sale?

Factors such as budget, climate, and the amount of land available may contribute to the level of profitability. You can however make your investment in the following herbs:

Oregano -this culinary herb has quite a great taste in most of the best Italian stews, soups, and gravies. Not forgetting its very popular aroma, which makes it a popular herb for use by most chefs.

Basil– Basil has its spot as one of the most widely used culinary herbs. Referred to as the “queen of herbs, basil can grow in almost any type of climate. You can also sell this herb to those who would need it for its medicinal and cosmetic purposes.

Saffron – Saffron takes the top spot as the most expensive spice in the world. It, therefore, has to be the most profitable crop in this category, all factors held constant. The one thing about saffron is that harvesting it can get quite demanding.

Vanilla – If you have tried purchasing vanilla for use in your kitchen, you can attest to the fact that it can get quite expensive, in comparison to other herbs (It is the second most expensive spice, after saffron). Companies that deal with processed food and medicines are the most common users of vanilla in large quantities. You can, therefore, grow vanilla and sell it to them.

Parsley –this popular culinary herb has made it to this list for a number of reasons. It’s perhaps more popular amongst the ancient Greeks. They believed that weaving parsley into a victory crown and feeding it to the horses would help them stand a better chance at winning races.


How are investors in the agriculture sector making money in this decade?

Other popular profitable herbs

John’s wort – This herb has gained its popularity from its mood-boosting properties. It has also been found to be quite useful in supporting the immune system, as well as skin treatments. Some of its users rely on it mainly for its capability to prevent cases of flu. The healing ingredient of John’s wort plant (known as hypericin) lies at the top part.

Amla –This herb exists as a popular tropical plant that does quite well in various light concentrations and medium types of soil. If you can pool your resources to grow this herb, you can sell it for its medicinal value and its cosmetic properties.

Cilantro –a very popular culinary herb that you may have already used in some of your dishes at home. Cilantro has also been identified as a herb that can help with digestion, along with a host of other medicinal properties.

Aloe Vera – Aloe Vera exists as a high-value medicinal herb that has been praised for its amazing healing properties. Most people swear by the aloe plant for its capability to heal a host of diseases. This herb also finds its use in the cosmetic industry as a highly preferred skincare ingredient and in the beverage industry.

Lavender– This herb has a host of medicinal values, the most common ones being the relief of pain and the improvement of several nervous systems Those who grow lavender can sell it in the form of fresh flowers. Farmers can also sell it as dried flowers, which are used in wreaths and many floral arrangements. Lavender has also found its use in the making of herbal pillows, the manufacture of skin care products, as well as lavender oil (a top-selling essential oil).

How To Invest In The Agriculture Industry Like a Pro | Research-backed Insights


That will be all for this article on profitable herbs to grow for sale. Which are your favorite herbs? Did they feature in this list? If yes, would you consider making money by planting some for sale, or would you rather make money through other alternatives? Let me know what your thoughts are in the comments section, after reading my recommended agriculture research report in the link above.

I wish you well,

Eric, Investor and Team Member at Gold Retired!

Filed Under: Agriculture

What is Yield Farming About ? Read Before Getting Started

January 16, 2021 by Eric Leave a Comment

What is yield farming about?

What is yield farming about? What does it entail? Should you start taking part in it, or should you keep off? Welcome to today’s article, in which we shall explore this concept that most crypto enthusiasts are concerned about.

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What is yield farming?

Yield farming also referred to as liquidity mining,  exists as an approach to generate rewards with one’s crypto holdings. Simply put, yield farming means locking up one’s crypto assets to get returns and rewards.

In one way or another, yield farming can be likened to staking. There’re, however, many complexities in the background. The liquidity providers (LP) usually add funds to the liquidity funds.

Liquidity providers and liquidity pools

Liquidity pools are essentially smart contracts that have funds. When an LP provides liquidity to the liquidity pool, they get a reward. The reward received by the LP may come from fees collected by the DeFi platform on which the entire process happens, or from another source.

Some liquidity pools reward LPs using several tokens. The reward tokens may then get deposited in other liquidity pools that they can earn rewards. As you can see, the strategies involved in the process are quite complex. The basic idea, however, is that when an LP deposits funds into a certain liquidity pool, they get returns and rewards.


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Yield farming typically happens with ERC-20 Tokens on Ethereum. The rewards sent to the LPs are a type ERC-20 tokens. This may change in the future with many activities going on in the Ethereum ecosystem.

Cross-chain bridges may end up saving the day by allowing other DeFi apps to eventually become blockchain agnostic. This basically means that these apps will have the capability to run on other blockchains, provided they support smart contracts.

Yield farmers usually their funds in the form of crypto assets quite often. They hope that as they hop from one protocol to the other one, that they will find one that will help them generate high yields. This means that DeFi platforms have an opportunity to offer economic incentives in a bid to attract extra capital on their platforms. As is the case with centralized exchanges, with liquidity, one can attract more liquidity.

The cause of the yield farming boom

In 2020, there was a sudden growth in the level of interest in yield farming. Experts in this industry attributed this sudden phenomenon to the successful launch of the COMP token.

COMP Token exists as the governance token issued by Compound Finance ecosystem. Governance tokens usually grant the governance tokens to their holders. How can then such tokens get distributed if the objective is to ensure that the network remains as decentralized as possible?

One common approach to establish a decentralized blockchain is through the distribution of the governance tokens algorithmically, by attaching liquidity incentives. The incentives attract the liquidity providers to join the DeFi platform to “farm” the new token. They usually achieve this by providing liquidity to this protocol.

As much as the launch of COMP did not invent yield farming, it did an impressive job at giving this token distribution model its popularity. Since the invention of COMP, several other DeFi projects have commenced and have established innovative schemes to bring in LPs to their ecosystems.

How Yield Farming works

As we have already seen, yield farming basically involves liquidity providers (LPs) and Liquidity Pools. The process starts with the LPs depositing funds into a given liquidity pool. This pool powers the marketplace in which the lending, borrowing, and exchange of tokens can occur. The users of this marketplace pay fees to use various services. The same fees are usually used to pay the liquidity providers based on the share of funds they offered to the liquidity pool. Evidently, yield farming resembles another popular model known as an automated market model (AMM). The implementation of the two models can however be significantly different. On top of that, yield farming is an entirely new technology.

In addition to the fees, the other incentive to LPs to add funds to the liquidity pools is, potentially, the distribution of new tokens. For instance, there may not be a defined way to purchase a certain token on the open market, apart from in small amounts. The token may, however, get accumulated by offering liquidity to a given liquidity pool.

All rules of token distribution in a given platform depend on how the uniqueness of the implementation of the underlying protocol. With most platforms, however, it’s safe to say that the return an LP gets is based on the amount of liquidity provided to a liquidity pool.

Stablecoins deposited to liquidity pools

The funds deposited to liquidity pools are mostly stablecoins whose value is attached to the USD (not a general requirement). Some of the very common stablecoins used in DeFis include:

  • DAI
  • USDT
  • USDC
  • BUSD

Some protocols have the capability to mint new tokens that represent the of funds deposited in their system. If you for instance deposit ETH into the Compound DeFi, you will get cETH.

I know you can begin to begin the many complexities that can arise from this model. Some investors can, for instance, deposit their cETH to a platform that also works by minting a third token that should represent the cETH that represents the initially deposited ETH. This can go on and on, forming complex chains that are hard to follow.

How returns are calculated in yield farming

In most cases, investors calculate estimated yield farming returns on an annual basis. The figure obtained represents the returns one can expect over the course of that year.

The most common metrics used to determine the returns are:

  • Annual Percentage Rate (APR)
  • Annual Percentage Yield ( APY)

What’s the difference between the two metrics? APR does not usually consider the effects of compounding, whereas APY factors in these effects. Compounding refers to the reinvestment of profits in a bid to earn more returns. Note that APR and APY can be used interchangeably.

Also keep in mind that these are only estimates, and can change within no time (even in the short-term horizon). Yield farming is highly competitive and when many farmers jump on a profitable opportunity, its returns may diminish with time.

With time, DeFi will need to establish a new metric to calculate returns. The fast-paced environment makes it hard for investors to remain very confident about their returns unless on a weekly or daily scope.

Investing Like The Experts | Investment Advice To Help You Grow Your Wealth Consistently 


That’s all for this article on what yield farming is all about. I hope that you now know a thing or two about this concept and that you can help your friends and family understand what it entails. Let me know if you have any more questions related to this topic. Also, do not forget to have a look at the about resource. It is value-packed and may help you get a turning point in your financial life.

I wish you well,

Eric, Investor and Team Member at Gold Retired!

Filed Under: Agriculture

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