Pensions, 401(k) accounts and most mutual funds are typical subject to the present market conditions. When the economy is doing well, then these retirement plans often do the same. Yet when you retire, how can you be certain our economy will be performing well? Recent years have given the American population good reason to fear the stability and security of most retirement plans. Perhaps it’s time to consider more stable options.
We’ve all heard the horror stories about employees’ retirement funds suddenly vanishing as they approach their early 60’s. Giving 110% of your blood, sweat and tears to a corporation does not mean you are guaranteed a plush retirement for the rest of your life. There are few things that will help secure your wealth, and hard physical gold and silver bullion can do just that.
Your retirement can be subject to economic timing if you are not careful. “I’d retire now, but the economy is just in such bad shape…” seems to be a typical sentiment. When the stock market is down, your investment portfolio or even mutual funds may not be performing at the level you would like them to. The years 1981, 1990 and 2008 all saw recessions which took a serious toll on the stock market. During these years, many companies had to shut their doors because they could simply not survive the tumultuous times.
Now more than ever, precious metals are regarded as “safe haven” investments. This means during times of inflation or poor stock market performance, investors will protect their wealth by investing in either gold or silver to ensure the value of their wealth. If you are aiming to take the issue of timing out of the equation, look to a precious metals IRA for protection.
Looking at the Long Term:
With another round of quantitative easing just announced, it doesn’t look like the U.S. economy or job market will be turning around any time soon. This may be unsettling news for our country as a whole, but ultimately it’s good news for precious metals. As inflation drives the dollar down, the value of gold and silver each have a strong tendency for growth.
Don’t be a victim of the economic situation facing our country. Turn the tables in your favor by owning physical gold and silver today. Remember, you can roll over or transfer any portion of your existing IRA or old 401(k) from a previous employer into a Precious Metals IRA. The rollover is Tax-Free and Hassle-Free.
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American Bullion specializes in adding gold and silver to retirement accounts. If you have a question or would like to know more about your investment options, please call American Bullion at 1-800-326-9598 to speak with a precious metals specialist.