“She’ll never go for that…”
Is a typical reaction for most men when considering the idea of investing in gold. Family comes first and if you have ever been faced with making investment decisions as a couple – you know it can be trying. You may already be sold on the idea of moving large sums of wealth into gold, but she still remains a bit weary. To help break the ice gently, you may want to arm yourself with a few talking points.
The Fiscal Cliff
It’s safe to say that as we head into 2013, America will have to make some tough decisions and ultimately our portfolios stand a good chance of taking a beating. All eyes are on precious metals as they have proven to be a safe haven investment for many years. When times are rocky for the stock market, investors see gold as a solid way to preserve their wealth, and this go-round of turbulent times will be no different.
If you and your partner are deeply tied to strictly investing in the stock market and worried about the times to come, think of this move as a certain strategic diversification for your investments. The future may be more about wealth preservation rather than the chasing the best returns.
Gold’s Track Record
If you get right down to the numbers, gold has had an amazing track record. In fact, gold’s annual average return has been an impressive 26% between the years of 1999 and 2008 (as stated by the World Gold Council). You would be hard-pressed to find mutual funds that can boast this level of return.
Most people are happy with their 8 to 12% returns each year, but keep in mind, this is mostly dependant on how the stock market performs. If our country is suddenly faced with another recession, or worse yet depression, those percentages would drop like a rock.
Bring it Back Home
Think about getting your children involved. Buying a few pieces of gold or silver for your son or daughter is a positive way to teach them about money and investing. Kids love money and what better way to begin shaping their perception of wealth by involving them with the family’s investment decisions. Placing a small gold coin in their hand that’s worth hundreds of dollars can have a powerful effect.
Call us today to discuss your options! If you and your partner are curious about gold, we would love to answer any questions you may have. 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. And, we do all the paperwork for you from start to finish. Just give us a 10 minutes of your time on the phone.
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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.