History has shown that gold and silver investments can act as a hedge to inflation and economic uncertainty. However, there is a lot of Americans who want physical precious materials but do not have the financial resources. If you are one of these people, you should know that you have the option to rollover your 401k account or transfer into a self managed Gold IRA. Your current 401K won’t allow you to hold physical precious metals. This is why you need and want the 401K Rollover. A Gold IRA is the best way for you to acquire physical precious metals. Visit our website and learn more about ira n gold.
Many investors know the value of silver and gold. However, they choose to invest in these precious materials via Exchange Traded Funds. ETFs are supported by metals. ETF share prices are derivative paper assets that are based on the current price of the precious metals. They don’t give you true ownership of silver or gold. You can have real assets today that have intrinsic value and will last a lifetime if you actually purchase silver coins and bars.
Imagine if you were able to make a 401K rollover to a Gold IRA in 1970. In that year, you would have rolled over $10,000 into an IRA investment. Your Gold IRA today would have a value of $530,000, despite all the political turmoil, terrorist attacks and oil shocks that have impacted your finances and investments.
As our government continues to devalue US Dollars and as emerging economies require precious metals for infrastructure development and central bank diversification, gold and other metals are expected to continue rising in value. It’s wise to buy gold as an investment, and silver investing is also wise. However, it is even more important to hold precious metals in hand or Gold401K and not just share of funds that invests gold bullion. For your future and that of your family, you should consider converting your 401K to a Gold IRA.