One of the main reasons to include gold in your portfolio is to hedge against inflation. As a value-bearing vehicle, gold has performed fairly well over time. Inflation can undermine a dollar’s purchasing power, but gold can help you hedge against that drop in value. Gold is generally not a good investment, especially not for […]
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Unlike stocks, bonds, or deposits, money you invest in doesn’t contribute to economic growth. A pile of gold remains the same pile of gold no matter how much time passes. The point here is that gold isn’t always a good investment. The best time to invest in almost any asset is when sentiment is negative […]
Continue readingIf you’ve asked retired professionals how much gold their retired customers should own, you’re likely to get a variety of answers. Most will likely quote between 5 and 20% of your portfolio. If you decide to invest in a precious metal IRA, you should do so conservatively. Depending on your financial situation, most experts recommend […]
Continue readingBenefits of a Gold IRA By investing in a Gold IRA, you diversify your retirement portfolio for tax deferred purposes and maintain preferential tax treatment. This means that transferring or renewing a portion of your existing IRA account to a Gold IRA will have no tax implications.. Gold IRAs appeal to investors who want a […]
Continue readingDespite this emotional pull, many financial experts warn that gold (and in this case silver, an even more volatile commodity) is simply too risky, especially for retirees who need income-generating investments rather than an asset that fluctuates wildly in value over short periods of time or for years can languish. For some investors, gold is […]
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