This Precious Metals Investing Advice Will Open Your Eyes to Achieving Financial Success.
Many of you are feeling comfortable with the way the economy is picking up thanks to the false imagery the media and government have oversaturating you with; however, if you are smarter than that you know nothing last forever, especially when stocks are involved.
What’s the worst that could happen?
In 2008, Americans watched the ground crumble from underneath their feet, the culprit, the Stock Market. Hard working Americans were the ones that suffered the most, first they lost their jobs, followed by the loss of their homes.
They asked themselves what they did wrong? In all honesty, they were unaware that they should be diversifying enough of their portfolio, and were relying on paper wealth. If history has taught us anything, it is that by putting all of your finances into paper assets is setting yourself up for catastrophic outcomes when the markets do crash– and it isn’t a matter when it might, but a matter of when it will. What most people fail to realize is that they should have been diversifying into a good long term investment, such as precious metals.
Would you risk your life by walking in front of speeding train? Probably not, so why would you risk pouring your hard earned finances into a proven shaky stock market. Leading investors will tell you that precious metals investment risks are low; therefore you won’t be concerned about paying a dividend in a financial collapse, unlike stocks–this is known as paper promises, as opposed to precious metals, which you can literally hold the value in the palm of your hand.
Smart investors know that gold and silver is one of the few investments to hold its value at a far superior rate in comparison to other portfolio diversifiers. What the media has falsely shown us is that the United States has not seen a significant inflation in the last few years, but if you see through this than you know it is not far off–the result would be the inevitable raising of interest rates in the market and thus a diluted money supply.
Let’s make it clear it does not take a catastrophic disaster for your gold and silver to grow– look at the period of time from September 2004 to July 2008, the price of these precious metals doubled in value under a healthy economy.
If you’ve read this far, you are ready to ask yourself what makes precious metals a smart wealth investment? The hard fact is its ability to remain stable when the rest of the market finds itself in a tumultuous uproar.
What makes gold and Silver so unique is that it is civilizations oldest form of currency, which obviously makes them the best investments. In today’s day and age investors have many metals to choose from: gold, silver, platinum and palladium, and with the price of metal at 2-3 year low you can see why it is crucial to act on it. This is a result of supply and demand– when demand outweighs supply the price of metals will go up, therefore making it a lucrative investment.
How to buy into precious metals is as simple as setting up a Self-Directed IRA. If you have an existing IRA or former 401(k) it is a flawless process when it comes to purchasing precious metals, such as gold and silver, without moving any new money into it. The greatest benefit in doing this is that you can quickly transfer your funds, and do it all tax-free.
While reading this, the memory of the financial crisis is now fresh in your head and you are beginning to see the flaws of paper money as an actual tangible thing, largely in part to the fluctuating U.S. dollar. Now imagine if that U.S. dollar collapsed, we would see the effects all over the country, in addition to the world. This would be catastrophic for investors, especially those that are invested in paper based assets such as Stocks, Bonds, CDs, Annuities’, etc. If you are still asking, should I invest in precious metals? You have the answer, Yes.
Arguable the best precious metals to invest in are gold and silver, but specifically gold. This is due to gold’s value having the ability to remain consistent, and during periods of inflation it has traditionally risen. What makes it universally recognized is its ability to be a standardized value system. However, silver is becoming a valuable investment in the market place due to its importance in industrial settings, and with the tech boom it is being integrated into televisions, computers, smart phones, solar cells and medical instruments.
First, educate yourself by Download RC Bullion’s FREE Guide to Precious Metals Investing.
This gold investing guide will provide answers to questions like these: