A Gold IRA Funded at Low Prices
Posted by James Randolph on April 13, 2012
Initiating an IRA is an important decision for the working populations of America, but a gold IRA possesses many desirable attributes in today’s market and makes the decision easier. The most ideal IRA account would be competitive, hedged against risk and market volatility, and easily controlled by the owner.
For working Americans looking forward to the most comfortable retirement possible, gold and precious metal investing really offer the best avenue to accomplish their goals and desires. Gold is the best performing asset of its class and is generally regarded as a contender among all traditional investment vehicles including stocks for the best performing asset. There are only a handful of stocks that have produced the same reliable return as gold has over time.
Gold also has the inherent value of a safe haven asset. While there is risk and volatility in the market due to other concerns, gold is a fairly sheltered market vehicle. Stocks, bonds, and mutual funds are all reliant on the value of currencies and real estate to determine their returns. The market has been fickle despite the stimulus and monetary programs of the Federal Reserve and these traditional investment vehicles actually register more volatility than our working Americans looking at retirement need and desire in their portfolio.
A gold IRA, however, provides incentives to traditional investment vehicles in the form of wealth accumulation through investment, but also allows the investor to remain relatively distanced from market activity. If, for instance, there is further trouble in Europe and an associated American bank declares some degree of bankruptcy, traditional vehicles will be among the first casualties. Gold as a safe haven currency provides a way out for investors in such a market. It is an investment that can weather the storm, so to speak, and prices of gold will not fall but rise dramatically in such an event.
Additionally, the owners of a gold IRA have the option to compete in the market based on their needs and desires as well as observations of market trends. A gold IRA allows investors the option to buy gold low and sell gold high per the fluctuations of the market. In this way, investors get the most market participation while still retaining their overall safety and distance from market volatility.
Gold is one of the best assets on the market and everyone is looking to get in on the game. If you don’t yet have a position in gold and are thinking about retiring in the coming years, a gold IRA is a highly suggested investment method.