Saturday 3 May 2014

Roll Your Traditional IRA Over To A Gold IRA And Make Even More Money

http://www.goldiranewyorkpros.com/retirement-planning/roth-ira-vs-gold-ira-plan-which-one-is-good-for-me/
Roll Your Traditional IRA Over To A Gold IRA And Make Even More Money
The currency you knew

When the US dollar was removed from the gold standard of Bretton Woods system in 1971, that was the signal of the world currencies' collapse! That fiat currency, wherever country you maybe in, is not backed-up by something that is stable. Since all currencies were tied up to the US dollar for trades and exchanges, all were no longer convertible to something of real value, gold!

Gold hedges your money from the most cunning of all robbers you ever knew and that is inflation! Gold protects your money from economic disaster! The value of gold is far better solid than the US dollar which is now on the way to its inevitable "destruction"!

The "money" you have in your individual retirement accounts or Iras is hedged to nothing but itself. You see, in this scenario, when the market crashes, your money crashes along with that market. And it may take several decades for that economy to rise from such crisis The last thing you would have in mind is to lose the money that you worked very hard for ...

It is, but wise, to protect your money with something that is not affected by market's volatility. Safeguarding it from such harm is but a savvy move. If Iras were created for your future then they must stand for what they were established for, provide prosperity during your retirement days.

An opportunity amidst the crisis.

Despite the horrific loss of purchasing power of the US dollar caused about by inflation, there is still hope if people seated up there would do the right thing. The bloated national debt that continues to rise every second would always prompt the government to print paper currency. And every time paper money is added into the circulation, it lessens the value of your currency!

While deficit spending devalues the dollar ... that same value 'lost' is accumulating on the opposite side. So, it's not totally lost but is transferred. It is being transferred to assets that withstood the test of true value, precious metals-specifically gold and silver.

Notice this, the price of many things you use your money for increase, with the only exception of currency! A bottle of milk is not increasing in value but the money you buy it for is losing it thus price hike. Notice also the many billionaires investing in gold, they know why they have to acquire gold in their portfolios because that is the only asset right now they can trust and protect their money with! Knowledge of what to happen is what these billionaires have that's making them so rich!

Start a gold Ira rollover

Gold Ira account is easy to set up. You need a custodian regulated by IRS to do this. Despite the presence of a custodian, you are in control of your gold Ira account! The job of the custodian to give you the best investment opportunity and do all the paper works. You are in control of your portfolio!

Your 3 primary steps to start gold Ira rollover are:.

Make sure you buy gold and silver approved by IRS.
With the help of an IRA custodian, set up your Self-Directed IRA.
A secured Vault or Depository is where you stored your Metals.

Panic and fear linger in today's market! Even the astute investors feel how volatile the market is and that is the reason why they lean into something they trust only Gold!

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