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How To Invest In Gold IRA-2023

by Nektarios

September 3, 2023

5:37 pm

Leave a comment on How To Invest In Gold IRA-2023

Gold IRA Investing

gold IRA, gold ira advantages, invest in gold ira, ira irs rules, ira tax advantages, traditional ira

In this article, we will examine for an individual, ways and how to invest in gold IRA.

Retirement planning is a topic that weighs heavily on the minds of many individuals. As people work tirelessly throughout their careers, they dream of the day when they can finally enjoy the fruits of their labor. However, achieving a comfortable retirement requires careful financial planning and investment.

One avenue that often gets overlooked in this regard is investing in a Gold IRA. In this comprehensive guide, we will delve deep into the world of Gold IRAs, exploring what they are, why they are beneficial, and how you can start investing in one to secure your retirement.

Understanding the Basics

What is a Gold IRA?

Before we delve into the intricacies of investing in a Gold IRA, let’s first understand what it is. A Gold IRA, or Gold Individual Retirement Account, is a self-directed retirement account that allows you to invest in physical gold and other precious metals, such as silver, platinum, and palladium, as part of your retirement portfolio.

The key difference between a traditional IRA and a Gold IRA is the asset class you can hold within the account. While traditional IRAs are typically limited to stocks, bonds, and mutual funds, a Gold IRA allows you to diversify your retirement investments by including physical precious metals.

Why Invest in a Gold IRA?2023-09-05

Now that we know what a Gold IRA is, let’s explore why it can be a wise choice for your retirement planning:

1. Diversification

Diversification is a fundamental principle of investment strategy. By spreading your investments across different asset classes, you can reduce risk and increase the stability of your portfolio. Gold and other precious metals have historically exhibited a low correlation with traditional financial assets like stocks and bonds. This means that when other investments may be underperforming, gold can act as a hedge, helping to stabilize your overall portfolio.

2. Protection Against Inflation

One of the significant advantages of gold as an investment is its ability to retain its value over time. Unlike fiat currencies that can be affected by inflation and lose their purchasing power, gold tends to hold its value or even appreciate during times of economic uncertainty. By including gold in your retirement portfolio, you can protect your savings from the erosive effects of inflation.

3. Tangible Asset

Gold is a tangible asset that you can physically possess. This is in contrast to many other investments, such as stocks or bonds, which are essentially pieces of paper or electronic entries. The tangibility of gold provides a sense of security, as you have a physical asset that represents your investment.

4. Gold IRA Tax Advantages

Gold IRAs offer several tax advantages that can benefit your retirement savings. Contributions to a Gold IRA may be tax-deductible, reducing your taxable income for the year. Additionally, the growth of your gold investments within the IRA is tax-deferred, allowing your assets to compound without the burden of annual capital gains taxes.

How to Invest in Gold IRA

Now that you understand the benefits of investing in a Gold IRA, let’s walk through the steps to get started:

1. Research Gold IRAs

Begin your journey by conducting thorough research on Gold IRAs. Understand the different types of precious metals you can invest in, the regulations governing Gold IRAs, and the various custodians and dealers in the market. Look for reputable companies with a track record of customer satisfaction and compliance with IRS regulations.

2. Choose a Gold IRA Custodian

Selecting the right custodian is a crucial step in the process. Your custodian will be responsible for safeguarding your precious metals and ensuring compliance with IRS rules. Make sure the custodian you choose has experience in handling physical metals and is well-versed in the specific regulations governing Gold IRAs.

3. Open a Gold IRA Account

Once you’ve chosen a custodian, it’s time to open a Gold IRA account with them. This process typically involves providing personal information and completing the necessary paperwork. Your chosen custodian will guide you through this process and ensure that all requirements are met.

4. Fund Your Gold IRA

To invest in gold, you’ll need to transfer funds from an existing retirement account (such as a 401(k) or traditional IRA) or make new contributions to your Gold IRA. The amount you can contribute annually is subject to IRS limits, so be sure to stay within these limits to maintain your tax advantages.

5. Select Your Precious Metals

Working closely with your custodian, you can choose the types of precious metals you want to include in your Gold IRA. Common choices include gold bars and coins, as well as other metals like silver, platinum, and palladium. Your custodian will help you acquire these assets and ensure they meet IRS requirements.

6. Store Your Gold Securely

Once you’ve acquired the precious metals for your Gold IRA, they must be stored securely in an IRS-approved depository. Your custodian will facilitate this process, ensuring that your assets are held in compliance with IRS regulations. The depository provides a safe and controlled environment for your precious metals.

7. Monitor and Adjust

Your responsibilities don’t end once your Gold IRA is set up. It’s essential to regularly review your Gold IRA portfolio and make adjustments as needed. Stay informed about market trends, economic conditions, and the performance of your precious metals. Consider rebalancing your holdings to maintain your desired asset allocation.

IRS Rules and Regulations

Investing in a Gold IRA comes with specific rules and regulations set forth by the Internal Revenue Service (IRS). It’s crucial to be aware of these rules to ensure that you maximize the benefits of your Gold IRA and avoid potential penalties. Here are some key IRS regulations to keep in mind:

Contribution Limits

The IRS sets annual contribution limits for Gold IRAs. As of my knowledge cutoff date is in September 2021, individuals under the age of 50 can contribute up to $6,000 per year, while those aged 50 and older can contribute up to $7,000 per year. These limits may be subject to change, so it’s essential to verify the current limits with the IRS.

Distribution Rules

Gold IRA distributions are subject to specific rules and tax consequences. Typically, you can start taking penalty-free distributions from your Gold IRA at age 59½. However, distributions before this age may incur a 10% early withdrawal penalty in addition to regular income taxes. Consult with a tax advisor to understand the tax implications of Gold IRA distributions.

Reporting Requirements

The IRS requires that you report certain transactions related to your Gold IRA on your annual tax returns. Failure to comply with reporting requirements can result in penalties. Keep accurate records of contributions, distributions, and any transactions involving your Gold IRA assets.

Final Words

Investing in a Gold IRA can be a smart and strategic move for securing your retirement. By diversifying your portfolio with precious metals like gold, you can reduce risk, protect your savings from inflation, and enjoy potential tax advantages. However, it’s essential to approach Gold IRA investment with diligence and a clear understanding of the rules and regulations.

As you embark on your journey to invest in a Gold IRA, remember the key steps: research Gold IRAs, choose a reputable custodian, open an account, fund it within IRS limits, select your precious metals, store them securely, and monitor your investments. Stay informed about IRS rules and reporting requirements to ensure compliance.

In a world of financial uncertainty, a Gold IRA can provide a solid foundation.

I hope my How to Invest in Gold IRA article has been useful. If you have any questions I will be more than happy to answer for you.

Reasons to Invest in Gold IRA – 2023

by admin

March 5, 2023

11:40 am

Leave a comment on Reasons to Invest in Gold IRA – 2023

Gold IRA Investing

gold IRA, invest in gold ira, tax benefits

Our team has thoroughly researched the topic of investing in gold, and how it can be beneficial for retirement savings. In this article, we will discuss the Reasons to Invest in Gold IRA including the top five compelling reasons why you should consider rolling over your retirement funds to a gold IRA in 2023. In particular, we will discuss the Reasons to Invest in Gold IRA.

Introduction

Investing in a Gold IRA (Individual Retirement Account) can be a smart choice for those who want to diversify their retirement portfolio and protect their wealth against inflation, market instability, and geopolitical risks. Gold has a long history of being a valuable asset that retains its purchasing power over time. In times of economic uncertainty or geopolitical tension, gold tends to appreciate in value, making it a safe-haven asset. Additionally, Gold IRAs offer tax advantages and provide investors with physical ownership of their gold, adding an extra layer of security to their retirement savings.

Reasons to Invest in Gold IRA

Investment Diversification

Diversifying your investment portfolio is essential to mitigate risk and maximize returns. Investing in a gold IRA allows you to diversify your retirement savings by adding a tangible asset to your portfolio. Unlike traditional stocks and bonds, gold has historically maintained its value and is not directly affected by market fluctuations. Therefore, having gold as a part of your investment portfolio can provide a hedge against inflation and protect your retirement savings.

Tax Benefits

Rolling over your funds to a gold IRA can also provide significant tax benefits. The IRS allows for tax-deferred growth on all contributions made to a gold IRA until the funds are withdrawn during retirement. Additionally, if you roll over funds from a traditional IRA to a gold IRA, you can avoid paying taxes on the funds at the time of the transfer.

Preserving Wealth

Gold has been used as a store of value for centuries and has proven to be a reliable way to preserve wealth. Unlike fiat currencies that can lose value due to inflation, gold has maintained its purchasing power over time. By investing in a gold IRA, you can ensure that your retirement savings are protected from currency devaluation and economic instability.

Safe Haven Investment

Gold is often considered a safe haven investment during times of economic uncertainty. During market downturns or geopolitical tensions, investors often flock to gold as a safe haven asset. By investing in a gold IRA, you can protect your retirement savings from market volatility and economic instability.

Portfolio Performance

Adding gold to your investment portfolio can also improve your portfolio’s performance. Historically, gold has had a low correlation with traditional stocks and bonds. Therefore, adding gold to your portfolio can improve your portfolio’s diversification and potentially increase your returns. Additionally, since gold is not directly affected by market fluctuations, it can act as a hedge against inflation and economic instability.

Final Words

In conclusion, rolling over your retirement funds to a gold IRA can provide many benefits, including diversification, tax benefits, wealth preservation, a safe haven investment, and improved portfolio performance. Investing in a gold IRA can be an excellent way to protect your retirement savings and ensure a secure financial future.

Should I Invest in a Gold IRA?

by Nektarios

February 18, 2021

5:18 pm

6 Comments on Should I Invest in a Gold IRA?

Gold IRA Investing

fiat currency, financial crisis, gold IRA, gold standard, money printing, retirement plan, stock market, traditional ira, weak dollar

should I invest in a gold IRA

Should I invest in a gold IRA is the question that still many ordinary folks ask themselves. In this post, I will outline the reasons for ordinary folk to invest in a gold IRA account.

Any investment asset has certain risks, some higher and some lower. The idea when investing is to know exactly what the risks of a particular asset are, in order to make the right decision, the decision that suits your needs best and at the same time minimizes your risk. Over the years, we’ve seen many investors lose their fortunes because they just got too greedy.

Many investors should be asking themselves the Should I invest in a gold IRA question more often, this way they will be able to make a better decision regarding their IRA investment.

The same applies to your IRA investment. An IRA invested solely in mainstream assets will put your savings at risk in case of a market crisis.

For example, last year (2020) between February and March the stock market lost 10.000 points. As a result, trillions of dollars invested in stocks bonds, and other mainstream investment products were lost. Many IRA investors had to postpone their actual retirement time, due to low funds in their retirement accounts.

Gold IRA Definition

A gold IRA investment is an individual retirement account, an account that functions the same way as a regular IRA account however, instead of holding paper assets, it holds physical bullion coins or bars.

Gold IRA vs Traditional IRA

A gold IRA is treated by the IRS as any other IRA. The difference between the two is that a mainstream IRA is invested in mainstream assets such as the stock market, government bonds, options, and so on whereas in a gold IRA, the money is invested in gold. The IRS has also allowed IRAs to be invested in other precious metals such as silver, platinum, and palladium. Moreover, Cryptocurrency IRAs are also allowed.

should I invest in a gold IRA

A gold IRA is an asset that holds its value, especially during bad economic times. A gold IRA will secure your savings and offer financial stability to your investment.

A traditional IRA investment (401k, SEP, Thrift, Roth, and so on included) invests in traditional assets, such as the stock market. Although these types of investments can offer great returns, they are subject to large fluctuations during difficult times. That means you could see your money disappearing in a very short time.

Reasons to Invest in a Gold IRA

Diversification. In an investment portfolio putting all eggs into one basket is a big mistake. A prudent investor should include different types of investments just in case things go wrong. Gold is the asset that will diversify your investment portfolio.
Protects your investment from inflation. Inflation rates will rise to high levels thanks to endless money printing by the Fed. High inflation rates are bad news for your dollar. In a high-inflation environment, your purchasing power will drop substantially.
Gold is a tangible asset.
Gold is not a chain in someone else’s liability. eg. Having your money invested in a company’s shares and the company goes bust due to illegal activities or because it took the wrong business decisions.
A gold investment protects your savings from geopolitical uncertainty. If a war breaks in the Middle East, for example, the traditional investment assets will take a downturn (stock market) but not gold and other precious metals.
Increasing demand for gold and silver for industrial use. eg gold is used in computers mobile phones and so on.
Low or negative interest rates. That means your dollar loses value every single day if it is stored at the bank.
The weak dollar is more bad news for your life savings
The stock market bubble. We are witnessing an unprecedented bubble in most assets. The stock market bubble though is the one that once it bursts it will actually cause the biggest problems in the economy because this particular bubble is a huge one.

Rotten Political and Financial System

The newly elected Biden administration is faced with an almost impossible task. First, the social and political divisions of this great country should be addressed. Something must be done to deal with the covid19 virus and then something should be done to change the monetary system.

should I invest in a gold IRA

Most finance experts and market analysts agree that today’s fiat currency monetary system does not work. Since its introduction back in 1971 it has only created disorder and turbulence in the economies and the markets.

Unfortunately, we are faced with irresponsible individuals who do not have the political will and guts to make the right decisions for themselves and for the country. In addition, central bankers are also responsible for this, because they have seen their profits skyrocket, at the expense of you and me, and they do not want that to change.

The Abandoned Gold Standard

In 1971 President Nixon abandoned the gold standard policy. It was a move that surprised the Western world. The US kept cheating the rest of the world by printing cash in order to finance the Vietnam War. There was only one way for the US to get out of this and that was to abandon the gold standard policy.

What President Nixon started in 1971 is now leading to an uncontrollable money-printing bonanza. Nevertheless, money printing has been carried out in the past in most Western economies. Nowadays though the money printing programs that take place right now are enormous. President Trump and the Fed carried out a gigantic 2,5 trillion money printing program. The new Biden administration is willing to add another three billion fake money to the economy.

The Europeans too agreed to raise a 2,1 trillion dollar stimulus package. Their funds will be raised by selling bonds collectively. In addition, similar money-printing and bond-selling programs have been carried out by most Western countries.

Financial Crisis is on the Way

All these money printing and bond selling programs mean more debt for the bond sellers and worthless money flooding for those who choose to print cash. The results from these are likely to be.

Further weakening of national currencies including the American dollar
High inflation levels
A large drop in our purchasing power
Mainstream assets (stock market, etc.) to take a large fall
Gold and other precious metals will see their value increase substantially
Mainstream IRA programs will suffer big losses

should I invest in a gold IRA

Gold IRA Benefits

You may regret if you choose a conventional IRA or 401(k) investment with a bank or brokerage firm. The stock market bubble is expected to decimate traditional investment assets. Stocks, bonds, and so on will see their prices drop substantially. That means your, life savings could perish overnight, and in the end, there won’t be enough savings for you to retire.

Since most IRA accounts are invested in traditional assets, and since all these assets move downwards or upwards together, (correlated assets) there must be another asset that does the opposite.

On the other side gold is a non-correlated asset. (an asset whose value isn’t tied to larger fluctuations in the traditional market) In fact, gold always does well in times of crisis. Call it a financial crisis, recession, geopolitical tensions, war, COVID-19, trade war, whatever the case is, gold not only maintains its value but also sees significant gains.

Black Monday1987Iraq-Kuwait War1990Dot Com Crash2001Financial Crisis2008Stock Market Decline-38.9-22.5-27%-34%Gold Price Results+5%+7.5%+1%+5%Gold Outperformed Stocks By Ratio45:131:129:140:1

========> Related articles Gold IRA frequently asked questions

Conclusion

We have seen the risks involved with a mainstream investment portfolio. Prudent investors do not put all eggs in one basket. This is applicable right now because we are facing an overvalued stock market and the effects of the uncontrollable money printing policy.

An IRA investment should be low-risk or risk-free. That’s because it is made of money that is not in abundance but your own hard-earned savings. In addition, if that money gets lost, then you will have nowhere else to turn to.

Since IRAs are made of hard-earned money, extra care should be taken to make sure the investment is well protected. Considering gold is a safe-haven asset during bad times, a gold IRA will ensure that your life savings will not perish overnight in case of a financial crisis.

Should I Invest in a Gold IRA?

There is no doubt the evidence for investing in a gold IRA is overwhelming. However, when investing your life savings all care should be taken in order to avoid possible traps and mishaps.

Gold IRA for Retirement – Investment Guide 2023

by Nektarios

January 24, 2021

5:49 pm

4 Comments on Gold IRA for Retirement – Investment Guide 2023

Gold IRA Investing

alternative ira investment, gold IRA, self directed ira, stock market

Gold IRA for Retirement

Traditionally people have considered their retirement 401Ks and IRAs to be like safety nets rather than wealth builders. With a self-directed Gold IRA for Retirement, you need not be satisfied with growth rates in the single digits. Gold IRA for Retirement

Gold IRA for Investment

A gold IRA for retirement investment is an individual retirement account, an account that functions the same way as a regular IRA account however, instead of holding paper assets, it holds physical bullion coins or bars.

Alternative IRA Investment

Although the first priority when investing in an IRA is the safety of your life savings, it is possible to achieve extraordinary growth potential outside of the traditional IRA markets, multiplying your IRA’s value several times without compromising the safety of your savings. Significant growth is not uncommon, within a relatively short period of time.

It will not just happen by itself. You will have to take hold of your retirement portfolio, you also need to put in the time and effort, and also do your own research. The benefits are enormous but only to those willing to take action.

The Stock Market is Overvalued

A clever investor never puts all eggs into one basket. In addition, most investors think twice before they put money into the stock market due to the ups and downs, and are frankly not as confident as they used to be. We’ve seen company shares drop dramatically and investors lose money many times in the past. It actually happened a few years back. To add more, investors and market analysts are concerned with the current levels of the stock market that is considered to be way too high and correction is looming.

Are you concerned that you will not retire in comfort? If you are, the option you have will be to put your IRA money to work for you and, truly diversify your IRA portfolio with alternative investment assets. Your banker and broker will not let you invest in alternative investment assets, because they want total control over your own money. You see your IRA is money that belongs entirely to you. In the meantime, the commissions they earn are out of this world.

Isn’t time that you take control of your own money?

How to Take Control of Your Own Money

You will have to acquire knowledge of alternative investment opportunities that are permissible for your IRA. You see, the IRS has placed strict restrictions on IRA investments, and rightly so. (An alternative IRA could consist of precious metals, cryptocurrencies, real estate, and so on.)
Contacting a Self-Directed IRA expert will be a great idea. That person will help you and direct you toward the right alternative investment asset that covers your needs best.
A firm that offers low annual fees, a spotless track record, and a buyback program will be the best option for you. In addition, a self-directed IRA will put you in the driver’s seat as you will maintain full control at all times.
Provided you satisfy IRS regulations on the type of investments allowed for your self-directed IRA funds (gold is one of many possibilities), you can take charge of your financial future by turning that IRA into a high-earning instrument. The IRS’s guidelines are crystal clear, as defined in their publication “Your IRA should be a separate and distinct entity from yourself“. Whatever investments you make should benefit your IRA, and not you directly. Your self-directed IRA expert will explain all the details and refinements of this IRS publication.

Conclusion

Investing in an alternative or gold IRA is becoming increasingly popular for the modern investor, as real estate, gold, cryptocurrencies, and so on, can offer a number of benefits to the investor. An alternative investment IRA could safeguard your life savings from bad times and at the same time will give you growth on your investment.

I hope my gold IRA for retirement article has got you covered. If you still have any questions feel free to write a comment and I will answer back.

Gold IRA Frequently Asked Questions

by Nektarios

August 24, 2020

7:29 pm

Leave a comment on Gold IRA Frequently Asked Questions

Gold IRA Investing

401(k), 403(k), custodian, depository, gold, gold bars, gold coins, gold IRA, gold ira faq, investment, ira, rollover

In this Article, I will Answer all Gold IRA Frequently Asked Questions

Are Gold IRA’s Secure?

Gold is a physical possession. Because of this, there is always the chance of burglary. Even putting your gold in an insured vault does not suggest it can’t be taken through break-in or fraudulence. Make sure the business stores its gold in a legitimate depository, such as Delaware Vault or Brinks. Do your research and also make certain the depository where your precious metals are stored, fulfills your standards. You need to be certain your gold is safe and secure.

Is a Gold Individual Retirement Account an Excellent Investment?

Supplementing your profile with a small quantity of gold can be an excellent investment for some people. It’s a smart means to variety, yet you probably should not place your whole retirement plan into a gold IRA. Gold investments won’t pay dividends like supplies, but they’re a way to hedge your bets against the rising cost of living. Typically, talking, gold prices move in the opposite instructions from standard paper investments.

Some also see gold as a typical investment in a globe of extremely challenging cash actions. You’ll see ups as well as downs when looking at gold prices over the last couple of decades, yet they generally trend up, especially throughout an economic downturn. A perfect example of this was the 2008 monetary crisis– the marketplace started favoring gold when other financial investment returns were going down. A monetary adviser can aid you to choose where gold prices are heading at any kind of provided time.

What is a Gold Individual Retirement Account Rollover?

Gold IRA Frequently Asked Questions

A gold Individual Retirement Account rollover allows financiers to relocate their retirement financial savings into a gold-backed Individual Retirement Account. Brokers that help with rollovers execute the task and also keep your initial financial investments tax-free. Many brokers supply no-fee rollovers, so ask if you aren’t sure of their regulations. You can rollover the list below sorts of retirement accounts:

IRA
Traditional Individual Retirement Account
SEP or SIMPLE Individual Retirement Account
401(k) or 403(k)
Pension.
TSP (Thrift Savings Strategies).
AnnRothuity strategies.

Can I Take Physical Property of Gold in my IRA?

No, you can’t take physical possession of gold in your Individual Retirement Account. It needs to be kept in an IRS-approved facility or bank. You could be based on high charges if you save gold from your Individual Retirement Account in your house. At the end of your IRA term, you can liquidate your gold possessions for cash money or acquire your gold scot-free.

Can I Utilize my IRA to Buy Gold?

You can convert your IRA funds by withdrawing them. Ensure you recognize the terms of your Individual Retirement Account before withdrawing funds, though. Some accounts are subject to charges or taxes for very early withdrawals.

Can I have more than one Individual Retirement Account?

Yes. You can keep a standard IRA as well as also open up a gold Individual Retirement Account or various other precious metal IRA.

=======>to claim your free gold IRA investment kit press here

Can I Include Gold I Currently Have Right into my Gold Individual Retirement Account?

Regrettably, no. Even if your gold or other rare-earth element fulfills pureness standards determined by the IRS, including gold you presently have to your Individual Retirement Account violates Internal Revenue Service guidelines. Like other Individual Retirement Account accounts, gold IRAs call for custodians to handle the accounts, consisting of the handling of gold.

Gold and also other rare-earth elements in your gold IRA should fulfill IRS standards. You can buy antiques on your own and keep them, however not in regard to a gold Individual Retirement Account.

What is IRA-Eligible Gold?

Gold needs to fulfill certain requirements established by the IRS to be qualified for use in a gold IRA account. Qualified gold products satisfy minimum fineness requirements of 99.5% purity, are not considered very collectible, and also come from a U.S. mint or an approved international mint. According to the Federal Profession Payment, bullion metals are crafted right into pure bars or coins:

Gold bars: IRA-eligible gold can be found in pure 24-karat bars that evaluate anywhere from an ounce to 400 ounces. It has to have a trademark from a qualified refinery or assayer.

Gold coins: Gold bullion coins are produced for financial investment purposes. Know that proof coins– consisting of unusual coins– are for gathering, not spending.

=======>to read my Regal Assets review, the best gold IRA investment company press here.

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Why Invest in Gold IRA?

by Nektarios

August 23, 2020

12:00 am

2 Comments on Why Invest in Gold IRA?

Gold IRA Investing

civil unrest, crisis, gold, gold IRA, ira investment, Regal Assets, unemployment, why gold ira

An investor always wonders whether he/she has made the right decision. In this article I will analyze the importance of a gold IRA investment and why invest in a gold IRA. All financial experts have one basic rule and they always follow it. Never put all eggs in one basket. A self-directed gold IRA is the investment that will definitely ensure your eggs are not all in one basket.

What is Gold IRA Investment

Gold Could Save Your IRA

You may regret if you choose a conventional IRA or 401(k) investment with a bank or brokerage firm. The oncoming financial crisis is expected to decimate traditional investment assets. Stocks, bonds, and so on will see their prices drop substantially. That means your, life savings could perish overnight, and in the end, there won’t be enough savings for you to retire.

Since most IRA accounts are invested in traditional assets, and since all these assets move downwards or upwards together, (correlated assets) there must be another asset that does the opposite.

On the other side gold is a non-correlated asset. (an asset whose value isn’t tied to larger fluctuations in the traditional market) In fact, gold always does well in times of crisis. Call it a financial crisis, recession, geopolitical tensions, war, covid-19, trade war, whatever the case is, gold not only maintains its value but also sees significant gains.

	Black Monday1987	Iraq-Kuwait War1990	Dot Com Crash2001	Financial Crisis2008
Stock Market Decline	-38.9	-22.5	-27%	-34%
Gold Price Results	+5%	+7.5%	+1%	+5%
Gold Outperformed Stocks By Ratio	45:1	31:1	29:1	40:1

More Reasons for a Gold IRA

1-Diversification. There is no doubt that IRAs are suited for portfolio diversification in case, economic and world news cause another drop in the stock market.

2-Protects your investment from inflation. Gold is a hedge against inflation. During the years of the highest inflation after World War 2 (1946, 1974, 1975, 1979, 1980), the average real return of the Dow Jones Industrial Average was -13.33% compared to 130.5% for gold. Now in 2020, we expect inflation to come back. The never-ending money printing by the Fed and the ECB’s stimulus program will trigger a worldwide interest rate explosion.

3-Gold is a tangible asset. Traditional investing is putting money in the stock market, buying certificates of deposit, or buying bonds. These are not tangible assets. In fact, it could take time for you to convert these investments into cash. For example, if you invest in CDs or bonds you may have to wait for a number of years before you receive a return. If you want to terminate your CD investment and wish to withdraw early, you might have to pay a penalty. This is not the case with gold or silver as you can convert your coins or bars into cash immediately, as the demand for precious metals is constant.

4-Increasing demand for gold and silver industrial use. Both precious metals have a growing demand for industrial use. In particular, they are used in smartphones, computers, medicine, and nanotechnology. And if we consider the massive precious metals demand for jewelry, only then we get the full picture.

5-Gold is not a claim on someone else’s liability. Gold has never lost its value for mismanagement, corruption, theft, war, etc. Stocks have. Also, there has never been and never been a haircut to gold as it’s been happening with debts and savings.

6-Geopolitical uncertainty. Geopolitical tensions are growing, the Middle East is still in turmoil. Syria and Iran are under Russian control, and the United States has lost its credibility. Hong Kong tensions never stop, Brexit deal, and North Korea continues to be upset with its unruly behavior.

7-The US-China trade war. There is no doubt the trade war between the two superpowers has interrupted the markets and global economy. The uncertainty these actions cause is good news for gold.

8-The weak dollar. Gold moves in the opposite direction of the American dollar and the dollar has never been weaker. The never-ending money printing will cause the dollar to continue its downward trend. I am afraid the US dollar will be weak for a long time.

9-The COVID-19 caused crisis. The coronavirus has caused an unprecedented financial and economic crisis. The impact of the crisis on the global economy is still unknown. However, what we know is that the economic downturn in Western economies during the second and third quarters of the year will be between at least -15%.

A traditional IRA fund consists of traditional assets. But when you open a self-directed IRA, you are empowered to make your future secure after retirement. The experts will help you to make investment decisions and choose a precious metal coin, bullion, and bars to invest in.

Choosing the Right Gold IRA Company

Choosing a gold IRA company could be a headache. A gold IRA company that respects itself and its clients should not take more than seven days to complete processing and shipping. It should also offer segregated gold storage, a low-fee policy, and a buyback program.

Remember these people will have to handle your savings, therefore they must have a proven track record, and a reputation to follow.

More Gold IRA Benefits

Tax Benefits
Flexibility & Freedom
Investment Diversification
Great Growth Potential
Portfolio Protection from Unexpected Events

Final Words

There is no doubt that we are going through uncertain times. There is an unprecedented economic crisis on the way. Businesses are already closing, the stock market is overvalued and expected to suffer heavy losses, the coronavirus is here to stay and the vaccine will not be available till March or April 2021.

In addition, unemployment is rising and there is social unrest in the community. People are angry because of the economic uncertainty and they do not trust politicians.

A gold IRA is the right investment now. It will ensure that your savings will not perish overnight due to the oncoming crisis.

How to Invest in a Gold IRA – Complete Guide

by Nektarios

May 30, 2020

5:28 pm

Leave a comment on How to Invest in a Gold IRA – Complete Guide

Gold IRA Investing

custodian, gold bullion storage, gold IRA, gold ira company, invest, Regal Assets, retirement funds, rollover

Introduction

Gold is a precious metal that has been used in the past as money. Many wealthy families invest their wealth into gold, to preserve it as gold always held its value and was considered as good as money. Nowadays, investing in a gold IRA is a must. In this article, I will show you how to invest in a gold IRA.

What is a Gold IRA?

A gold IRA is an individual retirement account, an account that functions the same way as a regular IRA account however, instead of holding paper assets, it holds physical bullion coins or bars.

Please pay attention to this how to invest in a gold IRA article to avoid mistakes that could cost a great deal of money later.

Why Invest in a Gold IRA?

There are several reasons to include gold in an IRA account, some of them are:

To protect and preserve wealth from unexpected events. Covid-19 is the best example here.
A hedge when the stock market is not expected to do well. For several months there has been a stock market downturn. Thus, most investors have seen their life savings decimated. However, those who had their savings invested in gold are walking the streets with big smiles on their faces.
Portfolio diversification. It is not prudent to put all eggs into one basket. A smart investor always spreads his/her savings into different types of investments that are not connected. (Bonds, real estate, stocks, precious metals, and so on.)
The weak dollar. I am afraid the dollar will continue to lose strength. Although the decision by the government to print trillions of dollars is the right decision, it will ultimately cripple the dollar’s price.
Loss of confidence in central banks. Over the years governments and dirty politicians manipulated central bank policies. In addition, central bankers just watched them without doing anything about it.
Geopolitical uncertainty. (Middle East, Brexit, ISIS, North Korea, Hong Kong.) Even though ISIS has lost ground, it is still around. The middle East is in turmoil, North Korea has started creating trouble again, Brexit is postponed and in Hong Kong, the conflict is back.
The US-China trade war. The US-China trade war is not over yet. In fact, it is turning out to be a financial war between the two superpowers
Gold has never lost its value due to war, mismanagement, corruption, theft, inflation, and economic and financial crisis, while stocks have.
Gold is a tangible asset that can be converted to cash easily.
Low or negative interest rates. Most central banks around the world have adopted a negative interest rate policy. That means, your dollar is losing value every single day.

How to Invest in a Gold IRA

1-Set Financial Goals for Your Future

It is important for all of us to establish financial goals for our retirement. In my case, am not willing to restrain myself in a lifestyle totally depending on welfare or a small pension. Nobody wants that.

To plan for the future you need to know where you are today, where you want to be, how you are going to get there, and how much is going to cost you. Nothing is free in life.

Your retirement plans could change over time, as your income and knowledge grow. Thus, your plans will need to be flexible in order to adapt to these changes.

2- Choose Between a Rollover, a Transfer, or a Fresh Start?

Once you’ve established your retirement goals, you will have to decide what is better for you. A fund transfer, a fund rollover, or a fresh start with an entirely new Self Directed IRA account.

A rollover is when the money is moved from the current IRA account, perhaps to an account that offers more benefits security, and flexibility, is paid directly to you and you will have to deposit the money in the account that you want. Be cautious there, you will have two months to transfer the funds otherwise your funds will be taxed by the IRS.

A transfer is when the custodian transfers the money directly to the new custodian. In this case, you never see the money and there is no reason for the IRS to tax you as the funds are never made payable to you.

A new Self Directed IRA is also another option. You do not have to close your existing IRA account. In fact, the IRS allows for several IRA accounts as long as your combined contributions do not exceed the annual limit set by the IRS. The process is fast and easy, and your IRA Account specialist will be there to help you every step of the way.

3-Find a Custodian

To have your funds invested in physical gold or other precious metals, the IRS requires you to open an account with an approved custodian. Therefore, you will have to make your own research to find and choose which custodian you want to deal with.

This could be a headache for the ordinary folk but, companies such as Regal Assets are already dealing with the most reputable custodians and can actually take care of that on your behalf. They will actually set up your IRA account and coordinate with your current custodian to transfer the funds.

4-Safe Bullion Storage

According to IRS regulations, you cannot store your IRA precious metals bullion at home. It must be stored in a reputable precious metals storage facility. A precious metals storage facility or depository is a third party that specializes in precious metal security. You can always visit to see and hold your assets at the depository, but as long as they are held in the IRA you cannot take them home.

Regal Assets will organize the discreet transfer and safekeeping of your gold IRA in a depository on your behalf. In fact, Regal Assets partnership with Brinks will offer you segregated storage in several depositories in North America and Singapore.

5-Relax Your Savings are Safe

Once the whole process is finalized you will not have to worry about geopolitical uncertainties, trade wars, financial turmoil, or even the price of the dollar. In addition, a self-directed IRA gives you the flexibility to continue investing in other areas such as real estate or stocks.

Traps to Avoid

Every time there is an issue that involves your hard-earned money, you must be diligent. Fortunately, when it comes to IRA investing, the rules and regulations set by the IRS are strict and there is little room left for any mishaps.

Nonetheless, there have been cases where investors were scammed or cases where due to mistakes, cost investors a great deal of money.

1-Not all gold coins are IRS approved for an IRA account. If you happen to purchase the wrong precious metals coins your IRS account will not be valid. You will have to sell them back and then purchase the IRS-approved coins. In the end, this will cost the investor money. To see what coins are approved by the IRS press here.

2-A rollover situation could also cost the investor a great deal of money if he/she takes over the two months limit to place the funds in the new IRA account. In that case, the IRS will impose taxes on the funds which the investor will have to pay.

3-Overpriced costs. The investor should check charges such as storage fees, shipping costs, administrative fees, and storage conditions. Some companies have a high fee policy for no particular reason whatsoever. They could be annual storage and administration fees and the shipping costs could be huge. These annual fees vary from broker to broker but, they all add up year after year.

>>>>>>>>>>Regal Assets offers the lowest fees in the industry, to read my Regal Assets review press here

The easiest way to avoid traps is to deal with a reputable gold IRA broker. A broker who’s been around for a number of years with tons of experience has earned the respect and trust of its clients.

How to Choose the Right Gold IRA Company

When it comes to choosing the right gold IRA company one must consider the following:

1-Check out the comments regarding the firm, especially the complaints, and see how these complaints were handled. If there is a long list of complaints, that will be a sign to worry about. Also, take a look at the number of years the company operates, you want ten years of solid record. Finally, most important is to choose a firm with a commitment to keeping you informed. Keeping you informed now and in the future. If a salesperson gives you short shrift or hits you with a high sales pitch, consider this bad news.

Final Words

If you are seeking peace of mind, security, and protection from unexpected events then, a gold IRA could be the solution. Keep in mind, that the stock-market downturn has cost trillions of dollars in the last few months.

Consider this, if you had purchased $33,000 of gold in 2001, you could sell that gold today for around $129,551.12 That’s over 300% return on investment! Has your current retirement account performed as well as a Gold IRA would have?

I hope in my how to invest in a gold IRA article covered all your queries. If you still have any questions do not hesitate to let me know in the comment section.

>>>>>>>>>>Regal Assets are the market leaders in gold IRA to find more about Regal Assets press here to read my Regal Assets review.

>>>>>>>>>>to get your free gold investment kit and a free 10-year anniversary silver coin press here

What is IRA Approved Gold?

by Nektarios

April 19, 2020

5:40 pm

2 Comments on What is IRA Approved Gold?

Gold IRA Investing

gold IRA, invest in gold, IRA bars, IRA bullion, IRA coins, IRS, Regal Assets, retirement plan

In this article, I will show you what is IRA approved gold because when it comes to investing in IRA coins or bullion, not all coins or bullion are approved. That’s because the IRS has placed strict purity rules and requirements and rightly so. Therefore, all coins and bullion approved, are those who meet the strict IRA rules. The IRA-approved gold should have a purity grade of at least 0,995, for silver 0,999, for platinum 0,9995, and 0,9995 for palladium.

What is IRA Approved Gold?

Gold IRA approved

1-American gold eagle coins
2-American gold buffalo coins
3-Australian gold kangaroo nuggets/coins
4-Austrian gold philharmonic coins
5-Canadian gold maple leaf coins
6-Credit Suisse golden bars
7-Johnson Matthey gold bar
8-Valcambi gold combi bar

Silver IRA approved

1-American silver eagle coins
2-Australian kookabarra silver coins
3-Austrian Philharmonic silver coin
4-Canadian silver maple leaf coins
5-Mexican silver libertad coins
6-Johnson Matthey silver bar
7-Royal Canadian silver bar

Platinum IRA approved

1-American Eagle platinum coins
2-Australian koala platinum coins
3-Canadian maple leaf platinum coins
4-Isle of man noble coins.

Palladium IRA approved

1-Canadian palladium maple leaf coins
2-Russian ballerina palladium coins
3-Baird palladium bars
4-Credit Suisse palladium bars.

Gold must be stored in an IRS-approved depository. In particular, investors do not have to stash gold bars or coins in their homes or closets.

Reasons to Invest in Gold and Silver

There are several reasons to invest in gold. The most important are:

To protect and preserve wealth from unexpected events.
A hedge when the stock market is not expected to do well.
Portfolio diversification.
The Ukrainian war
Loss of confidence in central banks
Geopolitical uncertainty
The US-China trade war.
The covid-19 triggered a recession
The oncoming famine
The high levels of inflation

Should I Include Gold in my Retirement Plan?

Gold is the type of investment that can protect you when times are hard and at the same time will also offer significant gains to your nest egg. Back in 2001, an ounce of gold cost $271,00. Ten years later it reached $1896,00, an increase of almost 700%. During that time, banks and currencies collapsed, and the real estate market collapsed, but the price of gold didn’t. In particular, gold fed from these calamities, was the rediscovered idol, in a time when everything else collapsed, from mortgages, stocks, credit default swaps, and derivative products, all was too complicated to even understand.

As you can see, a standard IRA, an IRA invested totally in stocks bonds and other funds is actually putting your hard-earned money at risk. You are relying on government, weak currencies, economies, and large corporations. Gold and silver can actually safeguard your investment.

Conclusion

Investing in a gold-precious-metals IRA requires certain expertise. A small mistake could cost thousands of dollars.
Before making a major investment decision it is a good idea to read reviews, do your own research, and consult a professional that can guide you with any questions you might have.

I hope this article was thorough enough on what is IRA-approved gold. If you still have any questions feel free to let me know about it in the comment section.