POSTS TAGGED : gold investing

What You Should Know about Investing In Gold For Retirement

For a lot of us out there, retirement might seem like a long way away.  Maybe it’s not on our radar yet, or maybe it just doesn’t seem feasible to set aside money each paycheck at the moment – no matter the explanation for it, it’s understandable.  Especially when we’re in our early-to-late twenties, it feels like we’ll be stuck working forever.

Gold investing for retirement

Honestly, these days, that feeling is getting even stronger.  With worries of social programs like social security and pensions dissipating thanks to legislature changes, well…it’s more important than ever to start worrying about this stuff, though.  There’s not really a guarantee that we’ll still be able to collect social security checks once we reach retirement age.…

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Gold 401k Rollover Guide

The charm and value of precious metals are almost impossible to resist, particularly in the case of gold. According to many, it’s the greatest investment in the world owing to the lucrative returns it provides to investment portfolios.

Gold bullion

While approaching retirement, many people become aware of the benefit of investing in precious metals. Nevertheless, most 401k retirement plans don’t allow employees to become direct owners of physical gold.

There are, fortunately, other indirect ways to make this happen.

The basics

A 401k plan refers to a specific self-directed retirement savings plan sponsored by employers. It’s offered by a multitude of employers, allowing Americans to enjoy their retirement years by relying on the tax advantages of this investment plan.…

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Why Is Gold Valuable?

Gold is relatively useless and unexciting compared to the other precious metals, and somehow it commands such sky-high prices. Some people argue that it has little or no intrinsic value; others say it is a relic from the barbarian age, which does not hold any monetary qualities like it did in the past.

Gold

They believe that paper money is the widely accepted currency in the modern financial environment and that gold is only a material to make jewelry.

On the other hand, some believe that gold is an asset that holds precious intrinsic qualities, making them unique and vital for investors to own in their diversified portfolios.…

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What Are the Main Advantages of Investing in Gold?

While there are few true safe-haven assets in the global financial space, gold is undoubtedly one that fits this coveted description.

Gold investing

photo credit: Michael Steinberg / Pexels

In addition to being a relatively secure store of wealth and a precious metal with at least some industrial demand, gold also provides a viable hedge against the inflationary pressures of fiat currency.

This can prove invaluable during a recession and periods of economic decline, which is just one of the reasons why the value of gold soared and achieved brand new highs during the coronavirus pandemic through 2021.

In this post, we’ll explore the main advantages of trading and investing in gold, especially in the current economic climate.…

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Benefits Of Gold Investments & How To Choose The Right Company

If you are thinking of diversifying your retirement portfolio, then now is a great time to consider investing in gold. That can be the perfect way for you to achieve the diversification that you were interested in, while at the same time ensuring that your future is financially secured and protected.

Physical gold investment

In case you aren’t that sure of why this would be a good idea, you should learn more about both the pros and the cons of this practice and then weigh those one against another in order to make your decision.

It goes without saying that you need to get properly acquainted with the benefits of gold investments if you are thinking of joining that world.…

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Correlation Between Gold and The Stock Market: What It Means For You?

Over the years, prices of every single good on the market tend to vary. This is exactly why investors are taking it upon them to do the necessary research before making any kinds of commitments and investments. Yet, you don’t need to be a financial wizard in order to notice certain trends and use them to your advantage. In this case, I am precisely referring to the trends on the stock market and the prices of gold.

Stock market vs gold investing

There has been a lot of talk about the correlation between gold and stock and people definitely cannot help it but agree on one particular thing.…

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What’s the Best Way to Preserve Wealth? Gold or Bitcoin?

The COVID-19 pandemic has affected the world in many ways. Many people are forced to stay at home, imposing self-quarantine and social distancing rules to contain the spread of the virus—but that’s only one of the effects of the virus.

Wealth preservation during the pandemic

The crushing effects of the pandemic on the economy

It’s no secret that the American economy is dealing with devastating repercussions from the spread of the virus. Industries are suffering heavily—entertainment, retail, travel, education, and hospitality, to name a few. Alongside the social distancing laws being implemented, what does an average American have to do to protect himself/herself financially?

As a result of the recent market crashes and downturn of the economy, some Americans are feeling insecure about the value of the U.S.…

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Why Millennials Need to Think About Buying Gold

If you are a millennial, you are probably still trying to launch a career, secure a job position, and perhaps make enough money to get married and settle down. Things like gold are probably the farthest from your mind, unless you are an investor or a trust fund owner. If you are, or ever have, thought about buying gold, then great. That means you are on your way to securing your future finances. If you have not, then you really should think about buying gold, along with saving and investing, to be better off financially in the coming decades.

Gold bar

Read below to find out why, as a millennial, you should consider buying gold.…

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