As Taoists, economists believe in the interconnectedness and interdependence of all things. This belief is even more evident in the context of our global economy. Recent events in the Middle East, Ukraine, and elsewhere have shown that such events can have a direct impact on your investments and on your economy. Together with record high stock markets, these events could cause a market correction. The investor’s challenge is to find a safety network that will protect their investments from such an unavoidable event. You can see self-directed gold IRA for more information.
Is it possible to invest in such protection?
There is Gold.
What is the Best Time to Invest In Gold?
Many experts believe gold is undervalued right now, which could make it a good time to buy. Investors worried about the potential loss of value in volatile stock markets are currently interested in gold as a “safe haven” investment. Gold gains a boost when Wall Street is more cautious. Since over five thousand year, gold has been a reliable asset that has held its value as a store of wealth. The Federal Reserve holding interest rates at a low level and seasonal demand are other recent factors that have had an impact on gold’s performance. Even with all these factors, gold continues to be one of 2014’s best-performing commodities.
Apart from recent valuations, buying gold or silver coins is a safe investment. A self-directed IRA can be a tax efficient way to finance a coin buy.
The Value of Gold Compared to Paper
The self-directed IRA allows you to have gold, but not like ETFs or mutual funds. A self-directed account for gold allows the investor to buy and keep physical gold. An important part of a well-diversified retirement portfolio is the ownership of physical metals, such as silver or gold.