Mainstream investment advice has regularly recommended investment in stocks as the primary path to a secure retirement. However, as recent economic events make evident, relying exclusively or even primarily on the stock market, carries tremendous risk. Thousands of investors lost millions of investment dollars in the recent market downturn and, despite the rise of the market in recent months; the risk for further disaster is very real. Diversification is a key factor in mitigating risk. More specifically, investing in precious metals through a Gold IRA is an excellent path the savvy investor should consider as part of their investment strategy.
Diversification is a sound strategy when it comes to investments, but adding a Gold IRA to your portfolio offers more than diversification. Gold has been the traditional standard used by economies when currencies fail. As the U.S. dollar declines in value, investing in gold is a solid way to safeguard all of your retirement savings efforts. Global economic instability threatens the future of paper money; gold purchases are a path for further protection and diversification.
Establishing a Gold IRA requires the assistance on specialty investment agencies, but the process is not overly complicated and worth the effort. You can even rollover existing funds into a Rollover Gold IRA. There are few solid guarantees in our economic environment: jobs are being cut, pensions slashed or eliminated, the stock market is volatile, and Social Security is under threat. Gold offers an alternative to this instability. It is critical that investors do their research and add gold to their investment strategies. It is no surprise that many of the world’s richest persons and nations invest heavily in gold. Gold has been a very solid performer as an investment and continues to be the investment for people who are serious about both growing their wealth and safe guarding their investments.
Source: Gold IRA