Precious Metals IRAs
With potentially volatile or possibly under-performing paper assets funding the majority of the individual retirement accounts, as well as the potential shortfall in Social Security, a well-diversified retirement plan could include precious metals. Precious metals like gold are one of the few assets which have demonstrated through history the ability to retain their value when other assets fall short, and many precious metals products are eligible for inclusion in your own self-directed IRA.
It would be hard to overstate the importance of diversification for your asset portfolio, just as it would be hard to overstate the warning about not putting all your eggs in one basket.
Stocks, bonds, real estate – all of them can be great assets to have, and many experts would say you should have some of each of these in a well-diversified plan. But, arguably, you shouldn’t have your portfolio designed around any one of them, because any of them, or all of them could theoretically stumble, especially if the national or world economy takes a nosedive at some point in the future.
What if the Economy Tanks?
If the economy suffers some bumps and bruises in the coming years, your retirement mix could suffer the same bumps and bruises, and you might find yourself having to suddenly live under more meager circumstances. And if those bumps and bruises get followed up by a knockout punch to the jaw, it could send everyone in the country reeling – with the possible exception of those individuals who have insulated themselves against economic disaster by such means as purchasing gold and precious metals.
If you’ve established a Precious Metals IRA for yourself, that is a potential hedge against uncertain times or economic disaster. In any kind of national or global upset, economies might falter, currencies might lose value, stocks and bonds might fluctuate in value, but gold and precious metals are widely expected to retain value, as they have before, and help protect your wealth.
For a complete list of available coins call 1-800-685-0560