It’s no secret that the music industry is in a state of flux. CD sales have plummeted in recent years, and with the rise of streaming services like Spotify, it’s becoming increasingly difficult for musicians to make a living from their music. As a result, many artists are looking for new ways to invest their money and secure their financial future.
One such way is by investing in gold. Some musicians have recently turned their music royalties to gold investments since it’s a great contingency cushion in times of crisis (such as when you fail to attract a strong fanbase). Brokers like Goldco can help direct your music royalties to gold investment so you can secure your wealth – this Goldco precious metals review can help get you started. Since gold prices fluctuate in the opposite direction as most markets, it can be a great way to diversify your portfolio or hedge against inflation risks, making it a smart investment option for your music career!
What Benefits Can You Get by Investing Your Royalties in Gold?
Here are some of the best benefits you get to enjoy by investing your royalties in gold:
Stable Value
Gold has held its value for centuries. By buying gold, you can ensure you have invested your royalties into a valuable asset you can rely on if your income from music sales decreases in the future.
Highly Liquid
Another benefit of gold is that it can be easily converted into cash if needed. This is important because it can give a cushion in case of an emergency.
Diversification
Gold is a good factor to diversify your investments, since it can be used to maintain balance in your portfolio that’s largely affected by market movements. By investing in gold, you can hedge against risks, especially when your music career suddenly collapses – not that we’d want that to happen to you.
Safe & Secure
Finally, gold is a safe investment. Unlike stocks or bonds, gold is not as likely to lose value in times of economic instability. This makes it a good investment if you’re looking to protect your wealth against market volatility.
By investing your royalties in stable assets like gold, you’ll be sure to secure your financial future even amidst the unpredictable changes in the music industry!
Why Musicians Invest Royalties to Gold Investments
Beginning the establishment of streaming services like Spotify, CDs have become an out-of-date product in the music industry. The major drawback is that streaming services aren’t a good source of stable income for small artists.
To help you have a better idea, you can earn an average of $7.00 per CD, while you’ll only get $.0033 to $.0054 per stream if you opt to release your music on streaming services. So, you’ll need to have a constant flow of creativity and ear-catching content if you want to stay relevant in the industry. Additionally, with millions of artists competing for popularity, you can’t really secure your spot if you don’t have a stable fanbase, much less earn the minimum wage in the U.S.
Since there’s no guarantee in the music industry, some musicians find it a good idea to invest their royalties in stable assets like gold. Doing so does not only keep their hard-earned money secure but also has their investment grow fast since gold prices soar in no time. With this, they can ensure that they will be able to maintain their wealth even if their income from music sales decreases in the future.
Is Gold a Good Investment Option for Your Royalties?
Gold has its benefits and can be a great way to grow your money in the long run. You won’t have to worry about market unpredictability and inflation since gold has a proven record of stability for centuries. And if you ever need to get financing for your next music production, having a bar of gold can help you get an easy loan!
That said, it pays to be aware of its limitations. For instance, holding physical gold doesn’t work like stocks or mutual funds since they do not generate passive income. So if you’re expecting to receive regular returns in addition to your music sales, you won’t get any! The only way you can earn money from physical gold is by selling them. Moreover, gold carries disadvantages like theft, storage fees, and other transaction charges. But if you still want to invest your music royalties in gold; mutual funds, gold ETFs, and digital gold are some alternatives that carry none of these inconveniences.
Ultimately, the answer to this question simply lies in whether gold is something that adds value to securing your wealth or an investment you want to bet your royalties on for profits over the long run.
Conclusion
It’s always a smart move to diversify investments and make sure there is enough money saved up in case of an emergency. Artists like you are no exception! By investing in gold, you can ensure that your wealth is not only tied to the recurring royalties you receive regularly but stored in a secure asset.
Whether you believe it or not, living your passion for music will not always guarantee your financial security, that’s why finding a stable investment like gold can be a wise decision!
Visiting the dentist can be a stressful experience when you have dental anxiety. You often find yourself putting off routine checkups and avoiding dental treatment. There are many ways to deal with this condition, but one of the most effective is listening to music.
Music intervention induces relaxation, reduces stress, and stabilizes blood pressure during an operation. Slow regular, classical music has higher sedative effects for most patients. However, the usefulness of music for alleviating dental anxiety can vary depending on the person’s anxiety level. This may not be recommended for individuals with severe dental anxiety. Thus, referring to professionals similar to 247dental.org is vital in determining the primary cause of your concern.
Now, let’s find out how music helps with your dental anxiety.
How Effective Is Music in Relieving Dental Anxiety?
The anxiolytic effects of music help in soothing patients who feel nervous or discomfort during treatment. By listening to music, you can remain calm and focus less on the loud dental instruments. However, there are some cases where music may not provide the best relief. Although there is evidence on the effectiveness of music for patients with mild to moderate levels of anxiety, its effect on individuals with higher levels of anxiety is inconclusive.
Benefits Of Using Music As Intervention
Induces Relaxation
People with dental anxiety have a hard time calming their nerves before and during a dental appointment. Music elicits emotional changes as well as anxiolytic effects. This helps lower blood pressure, heart rate, and respiratory rate among patients undergoing a surgical operation.
Sedative music may be found in various musical styles. Soft, instrumental music like classical music is known to have a calming effect on people in many stressful situations. You can experiment with different types of music before setting an appointment. Then, build a playlist for the ones that work for you.
Reduces Anticipatory Anxiety
Anticipatory anxiety is a common experience for patients with dental anxiety. Many individuals who suffer from this disorder have trouble resting the night before an appointment or feel worn out after the treatment.
Music can serve as a distraction for your thoughts when awaiting a dental procedure or examination. It’s an effective tool to pacify your anticipatory anxiety. You should play the music before entering the clinic, this way you can completely block out the noises while waiting in line.
Diverts Attention from Pain and Discomfort
Music masks fear-enhancing noises from dental instruments. It helps in diverting feelings of discomfort, stress, and fear; and distracts attention from pain. However, some procedures may be too overwhelming, and music may serve as pain-inducing instead. In this case, you may want to ask your dentist for other ways to deal with your concern.
Helpful Tips On Using Music As Diversion
Choose Your Preferred Genre
Listening to your preferred music lifts your mood and helps you gain control over any discomfort. Using your own music may also make the environment more familiar and less stressful. If you want to feel relaxed, you can listen to a variety of sedative music such as melodies and harmonies; or nature sounds such as the sound of the rain or the singing of the birds.
Focus On The Music
You should put your attention on the music. This way you can avoid focusing on what the dentist is doing. If you’re listening to classical music, you might even fall asleep and discover the appointment is over once you wake up!
Use Noise-Canceling Headphones
Headphones are useful for blocking dental sounds. However, this may induce more stress to some patients as it hampers communication with the dentist. In this case, you can use noise-canceling headphones to fully mask the loud dental tools and a microphone to communicate with the dentist.
Final Thoughts
Music is indeed a proven way of alleviating anxiety related to dental procedures. However, you must note that it also depends on your pain tolerance. If you are a highly anxious person, music intervention may not work for you. Thus, it’s always safer to discuss with your dentist the best strategies to deal with your anxiety.
So you’ve finally sat down and committed yourself to finishing that website you’ve always wanted to build. It’s a tedious process, we know that. But there is definitely something you can do to help ease the pain of the monotony of building a website, especially if you are doing something as easy as a Rank And Rent website.
And that is infusing your hardcore website building session with the joys of listening to music.
You don’t really need your ears while building a website. And a lot of the time you don’t need that much mental capacity either. Listening to music and performing a task at the same time won’t hurt the quality of work that you are doing. Quite the opposite in fact.
Listening to music can actually elevate your mood which means you can become even more productive.
So why not strap on a set of high quality noise cancelling headphones and listen to music you truly enjoy while building a website of your dreams?
Studies have shown that when listening to music, the perceived amount of time you use doing a chore you don’t really love, including Rank & Renting a website actually feels like a lot less.
It’s because you can lose yourself in the music and forget time. The tasks you are doing while enjoying soothing sounds of your favorite artists actually come with ease. And before you know it, you’ll be done!
Here are a few of my favorite albums to listen to while I am working on my Rank & Rent Websites.
Alice In Chains – Jar Of Flies
A super laid back acoustic album with killer rock tones.
Porcupine Tree – Deadwing
While this is a bit edgier, it’s still has enough softside to not distract you from the job at hand.
Vertical Horizon – Everything You Want
More than enough laid back soft rock tunes to keep you going for miles and miles.
Tonic – Lemon Parade
Very similar to the album above, with great rock tunes at a slow pace.
Internet & Streaming Radio
Just tune to the station to suit your best working mood and off you go!
I build a lot of websites at RankAndRent.club and listening to the right music while working with a high level of focus has been a huge help to me. I’ve been able to crank out hundreds of website builds all while catching up on my favorite types of music.
Of course I have a musician background, so the appeal of music to me might be greater than others. However, it’s quite likely that you have your own favorite music to listen to and if you do repetitive work such as website building than listening to music might just be the thing to help get you through those menial jobs.
I love music and I love building websites. So combining the wo just seems to go hand in hand.