When you’re planning for your golden years, there’s one word you want to associate with your future—safe. Which is why you might be wondering, “Are gold IRAs safe?” The term “safe” means something is shielded, sheltered, or guarded. Here, we explain why gold IRAs can be safe from setup, storage, and hedge standpoints. The Security…
Are Gold IRAs Safe?DetailsImagine if you owned stocks in only the tech sector—or shares of just a pharmaceutical company. If something terrible happened in one of those sectors, your portfolio probably wouldn’t fare very well. That’s why you typically own different types of stocks in various sectors. Ever considered protecting your precious metals portfolio using the same concept?…
Hedge Your Hedges: A Beginner’s Guide to Diversifying Within Precious MetalsDetailsGold has been in the spotlight lately. It makes sense—last week gold broke its previous all-time high record and then kept going. This action followed months of positive momentum for the precious metal, and some experts, such as analysts at Goldman Sachs and Bank of America, see it rising even higher. While this is certainly…
Diversifying Your MetalsDetailsTo hold physical gold and silver in a Self-Directed IRA, you are required by the IRS to open an account with an approved custodian and have the custodian purchase precious metals on your behalf. But there are so many custodians to choose from. And what’s all this you hear about promoters and administrators? Learn how…
Tips for Selecting a Self-Directed IRA CustodianDetailsWe’ve explored the relationship between gold and oil and gold and interest rates. But how about gold and inflation? In the current economic environment, understanding how the two are tied together is critical. How Are Inflation and Gold Related? It might seem logical that when inflation goes up, the price of gold would automatically go…
What Is the Relationship Between Inflation and Gold?DetailsAre you stuck in the same old rut of adding stocks and bonds to your retirement portfolio? It might be time to learn about another asset category—alternative assets. We explain what they are, how they’re different from traditional assets, and how you can work them into your retirement portfolio for greater diversification. What Are Alternative…
What Are Alternative Assets?DetailsThe unfortunate truth is, we are still facing many of the same challenges we faced back in March. While some things may have improved, it’s important that we don’t get locked into complacency. The COVID-19 crisis is ongoing here in the United States, and people are still suffering. The number of new cases of coronavirus…
Finding Safety in UncertaintyDetailsAre you paying down debt? Smart. Want to spend more quality time with your family? That’s also a great idea. And saving for retirement? Another one! How about saving for retirement through a Self-Directed IRA? Learn why that’s an ideal option to add to your list of retirement strategies. Self-Directed IRAs Offer Flexibility A Self-Directed…
Are Self-Directed IRAs a Good Idea?DetailsYou’ve likely heard that gold prices are climbing and silver prices are keeping pace with gold. The price of gold has held above the $1,800/oz. mark, and the price of silver rose to its highest level in nearly three years on Monday, July 13, 2020. Does this mean you’re missing out on a potential opportunity…
5 Easy Steps to Start Building a Precious Metals PortfolioDetailsWith some disasters, there are warnings you can observe before the disaster is even apparent. I remember one such warning from when I grew up in the heartland of the country, Nebraska farm country. I remember seeing trouble was coming because of a group of birds. Normally, farmers want birds out of their crops. The…
Watching the ExpertsDetailsContributing to an employer-provided 401(k) retirement plan is often touted as one of the best retirement strategies. However, approximately 55 million Americans don’t have access to such a plan. Are you among those with no 401(k) at work? If so, it’s still possible to take charge of your retirement savings—sometimes with options that offer more…
No 401(k) at Work? 4 Other Ways to Save for RetirementDetailsThe IRS has added a twist to the rules for required minimum distributions from retirement accounts—a twist that could benefit you. The IRS announced the change on June 23. “Anyone who already took a required minimum distribution (RMD) in 2020 from certain retirement accounts now has the opportunity to roll those funds back into a…
June 2020 Update to Required Minimum Distribution RulesDetails
