Gold Backed IRA Pros and Cons

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  A Gold Backed IRA, also known as a prised metals IRA, is a departure account that allows entities to invest in physical gold, silver, platinum, or palladium as a way to spread their retirement portfolio. While it can offer certain advantages, it also comes with its own set of drawbacks. Here's an in-depth look at the pros and cons of a Gold Backed IRA : Pros: Diversification: Investing in gold can provide diversification, reducing the overall risk in your portfolio. Precious metals often have a low connection with stocks and bonds, which can help mitigate victims during economic downturns. Hedge Against Inflation: Gold is historically measured a hedge against inflation. When inflation rises, the value of gold typically tends to increase, preserving the purchasing power of your savings. Safe Haven Asset: During times of geopolitical instability or economic uncertainty, gold tends to be seen as a safe haven. Its value can rise when other assets falter, providing stabi...
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Install watchOS 8 on Apple Watch

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Apple releases a new version of watchOS, the operating system used in the Apple Watch. It comes with totally free updates and news that often solve a technical problem.

The latest version is watchOS 8, which brings new features in the form of the new Mindfulness app, sleep breathing control, more ways to use the Wallet app, and a new portrait mode photo face.

watchOS 8 has already become available to the general public and has done so this September 20. Until now, whether you are a developer or not, you could use the beta version.

Here we show you how to install the latest watchOS on your Apple Watch now that the official version has arrived.


What Apple Watches are compatible with watchOS 8?

All Apple Watch models are compatible with watchOS 8 except for the original Apple Watch, Series 1, and Series 2. This means Apple Watch Series 3, Series 4, Series 5, Series 6, SE, and the new Series 7.

The next generation, Apple Watch Series 7 , will arrive with watchOS 8 installed, so you won't need to follow the steps below to get it. In any case, you will need an iPhone with iOS 15 to use it.

How to update your Apple Watch

To update your Apple Watch to the latest version of watchOS you will mainly need your iPhone. In addition, you will have to have Bluetooth and Wi-Fi activated on both devices. You will also have to have the watch charging and with more than 50% battery.

Take your mobile and open the Apple Watch app. Make sure you are on the 'My Watch' tab (at the bottom of the screen) and tap on 'General'. You will most likely see a red circle with the number 1. This indicates that there is a pending update. 

Tap on 'Software update' to check for available updates and wait for it to show you. Finally, tap on 'Install' to download the update and accept the terms and conditions.

The update may take a while. Wait for it to finish to disconnect it from the power. If you do, the process will be interrupted and that can damage your device. We speak from our own experience (we had to replace it with a new one).

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