Do You Have A Gold Retirement Plan?
It's important that you think of a strategy you can rely on after leaving work as there comes a time when you have to retire. It could be as a result of age catching up with you or because of health problems. Whatever the case, you'll need an effective plan which can be implemented after retiring and a good one in this case would be the Gold Retirement Plan.
Why investment in Gold makes sense
Among the primary asset classes used in retirement plans - saving accounts, annuities, bonds, stock - gold stands out as the only one that doesn't rely on any institution or individual for value. By investing in gold, you are guaranteed of immunity against the quantitative easing effect as well as inflation.
Financial experts project gold price per ounce to soar up to $ 10,000 or even more. Most have based their argument on the fact that at the start of the century, gold was valued at $300 per ounce and it rose to $ 2000 in 2011. One thing is for sure, the price is definitely set to rise further than what it is currently. In other words, by investing in gold, you are guaranteed of good ROI (Returns on Investment).
Time to prepare for an uncertain future
A number of retirement-plans have had some major downfalls. It's up to you to identify a good retirement plan; one that guarantees you of good returns - a Gold Retirement Plan. Why wait, set up a new IRA gold plan today by rolling over your existing 401k or by transferring money out of your current IRA. The good news about gold IRA is that it not only allows you to put money into gold stocks but also physical gold. For the latter case, you 'd be required to have a Third party responsible for taking care of it.
There are specific standards allowed as provided by the Internal Revenue Code. In case of gold, the purity standard is 0.999 (99.9 %) with the exception of the American-Eagle gold coins which are 91.6 % pure. You can buy bullion coins or bars as long as they have been manufactured by exchange - approved refiners. There is a list of approved bullion coins you should know about. You would need the services of an investment adviser to help you navigate these waters.
Gold is an important part of a diverse investment portfolio which offers protections against the inflation of paper money. If you are looking for a smart way to invest for retirement then there is no better way to do so than getting the Gold retirement plan.