Is your retirement protected?
You’ve heard about the importance of diversifying your retirement funds, but is owning a mix of paper assets like stocks, bonds, and mutual funds enough?
And as long as the stock market keeps breaking new records and the bubble never bursts most likely your paper will be fine – but how much higher and for how long?
Where are you going to be when the next market meltdown comes? Many experts believe it’s not a matter of “if” but “when.” They remember 2008 when the average stock fund fell a whopping 38 percent and retirement accounts lost $2 trillion in 15 months. Or, what if – as many analysts are predicting – the next crash is even worse?
How can you hope to protect your savings?
When it comes to protecting your investments, one thing is certain: paper won’t be enough.
If you have a traditional or Roth IRA, then you probably already realize how important it is to save for retirement effectively and just how difficult and uncertain that can be. The state of the current global economy has forced more investors to look for a more stable and safe place to store their money. Many investors looking to diversify and protect their retirement accounts have turned to gold. However, before you get started, there are a few things you should know.
Gold is a hard asset unlike any other. Gold has over 5,000 years of value retention. It will never drop to zero. Compare that to the dollar: To equal the value of a dollar in 1990 it takes $1.82 worth of dollars today. Go back to 1970 dollars and it’d take $6.13! This is why gold has been considered the ultimate hedge against falling currencies and inflation. An ounce of gold today still holds the same purchasing as it did in 1914 and as it did during the Roman Empire. That’s staying power like nothing else on earth! If you buy gold today, history tells you that it will still have the same purchasing power for your great, great grandkids.
Gold can protect your wealth whether it’s within a traditional IRA, a Roth IRA, or if you take direct physical delivery.
Like 401(k)s, IRAs are savings accounts that offer substantial tax breaks. Among the benefits IRAs have over 401(k)s is in its far wider variety of investment choices. Many 401(k)s plans allow for very limited selection of choices. Also, with IRAs you can open and close positions in different investments quite readily. With a 401(k) plan, your ability to switch your investments may be limited; for example, some plans may only let you make changes once every three months or so.
Among the investment choices you have with an IRA that you don’t get with a 401(k) is precious metals. This type of account is what is called a “self-directed IRA.” With a self-directed gold or precious metals account, you can buy coins and bullion. A self-directed plan empowers investors to make their own investment decisions and adds to the available investment options.
Beyond its ability to hold its value, more recently gold has experienced strong rates of growth. While the economy experienced one of the stormiest periods in history from 2008 to 2011, gold rose in value by 70%. While both the stock market and real estate fell into major slumps, those who held onto gold prospered. And right now, as the economy is showing weak numbers and a drop in equity value, the market has seen a renewed interest in gold. Many analysts believe that gold is presently undervalued and could be in for another period of growth.
Be sure that your retirement plan meets your needs and provides you with the best opportunity Gold IRA Investment Guide for you to reach your financial goals. If you haven’t undertaken a retirement plan as of yet, the clock is ticking. Every day that you’re not working toward your future nest egg is a day lost to build a solid financial future for your golden years.
To help you in achieving those goals we’ve created a special mini-course entitled “Essential Guide to Successful Gold and Silver Investing.” This course is aimed at those with no prior experience with gold-based IRAs and is available as a FREE download.
It was designed to cover a variety of common questions and pitfalls and to help investors make informed decisions as to whether investing in precious metals is right for them. The course is full of tips and expert advice to help new investors make decisions that could save them thousands of dollars.
Don’t leave your investments to the mercy of an uncertain market. Learn about protecting your retirement with gold today!
RC Bullion, LLC, 1500 Rosecrans Ave. Suite 500, Manhattan Beach, CA 90266
Risk Disclosures: Purchasing Precious Metals For Physical Delivery in bullion, bars, coins, proof coins, numismatic coins involve a degree of risk that should be carefully evaluated prior to investing any funds. RC Bullion LLC and its agents are not registered or licensed by any government agencies and are not financial advisors or tax advisors. Past performance is not an indicative of future results. Investors should do their due diligence before committing any money to purchase gold and other precious metals. If you have additional questions, please contact RC Bullion.