There are a lot of gold investments that can be made through a broker such as Regal Assets or on an individual basis. Many people out there can end up using a Gold IRA as a type of investment that many believe is a highly valued option, which so many seem to already understand the benefits of. A retirement account can be buttressed by the concept of investing in gold. There are numerous folks who look at gold bullion as a way to help their retirement account.
There a many different variations of gold bars, so different in fact, that many people can use them as a key investment. Ten ounce gold bars are something that you may want to purchase at a gold store. The American Eagle gold coins that so many people look at are something that can be discussed at trade shows where people can wheel and deal with the current gold investments that they are making. The gold bars are going to be considered a type of direct ownership agreement, the best reason to look into the direct ownership process is to make sure that you are able to put your gold in a safe. A gold investment, like junior gold stocks may be more valuable than gold bars, but that decision can vary from one investor to the other. There are some people who use gold bars in order to make sure that they can pass them to their heirs.
Gold exchange traded funds are something that more people are becoming comfortable with. The gold is going to be the main component of a gold exchange traded fund, but they can also have stocks that are tied to the fund. A person who wants to learn about the history of an Exchange traded fund would find that the funds were originally started in the nation of Canada. The concept of exchange traded funds has become prevalent all around the world.
Gold Mutual Funds
Gold mutual funds are needed to create a fair amount of wealth for someone who looks for a diversified portfolio with gold holding the lead. A gold mutual fund can be tied to the mining industry and different stocks that can be tied to mining. A good goldmine portfolio can invest in mines within Chile for example, Chile is a very good country to work with when it comes to key, global, gold investments.
People understand the need a mutual fund in order to make sure if one of their companies or investments begins to cave in, that you can end up making money on the investments that you will have in the future. A gold stock can be more reliable than an investment in a traditional form of currency. Gold can still be found in certain parts of California, many people may find the traditional gold companies in the state of California to be a very good investment. The California Gold Company can take you on tours that will tell you all about the history of gold within the state of California. The information that is given out during the tours can be helpful when you are trying to make an investment.
People like to predict what is going to happen within the gold market. There are a lot of people out there who use certain trading tools to work within the gold futures market. Gold futures can make a difference in your long term portfolio, a lot of the money that is invested in the trading of gold futures is guaranteed by the electronic equipment that can execute the trade.
Should you invest in gold? or Lose money in a savings account?
Is your money sitting in a traditional bank earning less than 2%, or more than likely even less than .22% on hard-earned cash you’ve put away diligently for years? That is the pathetic national average return on savings these days. Even an internet based savings account like those offered at American Express or ING Direct (non brick and mortar savings accounts) will pay you just shy of 1% on your money if you invest it in their savings account, often with a rather large minimum investment. It is possible that you are losing money instead of savings money if this is what you have been doing.
Deflation and your money
Since 2001, and leading up to today, the rate of deflation, that is, the devaluation of your dollar base on the consumer price index (or what your dollar can buy) has hovered well above the national average for savings accounts yields. It has gone from as low as .1% (only briefly) and then shot up to 4.1% in 2008. As our 13 trillion dollar debt comes to maturity, the rate of deflation is likely to increase, so socking away several thousand, or even several hundred thousand in a savings account is like filling a large pail with water and then poking several holes in it, and wondering why it wont stay full. Investing in gold is probably a much wiser way to keep your bucket full.
Gold Prices are shooting higher and higher
While gold prices have shot up considerably over the years, and come to an earth-shattering high of up to $1900 an ounce at one point, they probably haven’t come anywhere close to their ceiling. Even if the United States government were to issue a new gold standard in order to be more accountable for the debt they’ve incurred on an international stage, most argue that the gold price per ounce would have to be close to $5000 to equalize in the markets. If this is the case, then gold is less than half way to its premium, and there is still much more room to make well over a measly .22% as would be the case in most traditional savings accounts.
Gold investments will beat a savings account every time
Even if the price of gold fluctuates at this level, there are so many indications that it will rally. While its been on a bull run for quite a while, governments in the US and Europe are just beginning to negotiate their outlandish debts with countries like China in order to keep their entire national economic fabric from unraveling. While most people are happy to have the ‘security’ of a savings account, it is not truly secure when you consider that inflation has stayed well above the .22% savings rate for over a decade, and most indicators on the financial markets only point to it increasing. While no one can guarantee another 275% increase, a mere 5% would be like winning the lottery compared to the put-it-away-and-forget-about-it style of investing. Over the past ten years it has consistently produced yields of around 19%. Investing in gold seems like a no brainer when you look at those numbers. You can do your own research to validate these points, but this is as basic as it gets. Invest at a lower rate than deflation, or invest in a probable minimum 19% return without even considering that all international debts are about to be called in. Perhaps its time to tell your bank to take a hike.
Gold investments are going to give you a better return on investment as you look at retirement. The social safety nets that are tied to government are often going to face a lot of scrutiny from different people within government, you have to make sure that you have a number of options to help you live out your golden years with a certain amount of wealth. The process of buying gold exchange traded funds for example may allow you to be able to invest in gold while still holding a diverse amount of investments.
Gold investing is something that can work better than a savings bond because most currencies are just viewed as paper until people realize that they have to be backed up by something. An iShares Gold Fund is something that can bring you a consistent return on your money, this investment can help you make sure that you are able to sit at home during your retirement years and just relax. An individual can just look at the land prices that can play a very large role in the economy and you can see how much they can change in a very short amount of time. Gold is an investment that simply has a more consistent return on investment, a person can look at the data. Gold even has a stronger return on investment in comparison to silver in many cases because of the fact that it can be very difficult to find a gold mine where the product is still prevalent.
Gold investing is something that can be done on a global scale, a person who invests in a municipal bond is going to be banking on the fact that a city is going to make some sort of financial recovery and then one day become prosperous. The traditional stock market is something that too many people are losing money in as well. A person can see mutual funds offered by a reliable company like Fidelity are even losing money in the stock market. The stock market is tied too much to consumer confidence and the overall need for demand of products, there are some people who simply cannot afford to buy products from publicly traded companies, thus the stocks of these companies are going to struggle. An investment in gold is not going to be as closely tied to consumer confidence as the stock market.
Certificates of deposit are certainly not going to give you as large of a return on your money as an investment in gold world, people can ask a banker and a financial adviser and get similar information about the benefits of gold. A financial adviser is more likely to be able to pick good gold stocks for you. The best gold investments may be exchange traded funds because the trades associated with these funds are fairly easy to execute. A retiree should not only look for a good return on their money,, but they should also look for an easy investment.
Too many retirees have to go back into the workforce when they should be sitting back on the couch or out fishing. A retiree who has invested in the right kind of gold stocks and gold centric mutual funds will not have to worry about going back into the workforce. A gold IRA is traditionally going to offer you a seven to ten percent return on your investment and those are conservative estimates. A gold IRA is something that you can discuss with a financial consulting firm, this can be very important when trying to find the right investment for your portfolio.
To find out more about setting up a gold IRA, contact an investment specialist at Regal Assets for more information:
or visit: http://www.RegalAssets.com