The Gold IRA Rollover: Protect and Grow Your Wealth Like a Billionaire
If imitation is sincerest form of flattery, as has been said, it may also be the best way of learning and modeling on the success of others. If you're looking for financial success then what better role model could there be than a billionaire?
What Billionaires Know
Billionaires like George Soros, John Paulson, and Carlos Slim may have little in common in the way they see the world, but one thing they do agree on is the wisdom of investing in gold. Even Warren Buffet, who personally prefers what he calls €productive investments,€ admits that gold has served investors well - especially during times of inflation.
Looking back to those dark, dark days of 2008 when the stock market nearly crashed, remember when retirement accounts lost $2 trillion in a short 15 months? At the very same time, some smart investors not only didn't lose money to the market but saw their value increase.
Guess where their money was?
That's right, gold.
Had you purchased gold in 2001, by 2011 you would've seen your investment grow by 700%. Let's say that again: a growth of 700%. This same decade was also one of the rockiest economic periods in human history. As the stock market fell, gold thrived. Why? Because when the stock market tumbles and big money investors look for other safer places for their money, precious metals is often where they go.
Is it possible that this could happen again? Not only is it possible, but according to many experts, highly likely. Right now we're inside the largest stock market bubble in history. It could be only a matter of time before that bubble bursts again. If you don't want to again see your retirement accounts lose their value because of another collapse of the economy, the time to change your investment process is now.
Why Do Billionaires Own Gold?
Gold is nature's hard asset. Gold is a tangible and finite resource with a high intrinsic value and has been civilization's store of value for thousands of years. Gold is an alternate form of money all over the world. (It was mentioned in the Bible 417 times.) Unlike stocks, bonds, and mutual funds, gold isn't subject to the sorts of dilutions and devaluations of other paper investments. It can't be printed like money and unlike stocks, it will never be subject to mergers or splits. Gold historically moves counter to the directions of the stock market. For all of these reasons, billionaires own gold because they know that gold is an excellent way to reduce the volatility and vulnerability in their portfolios.
If you want to protect and preserve your wealth, there's no better place than gold.
When Is the Best Time to Buy Gold?
At the time of this writing, many oracles believe that gold is in the final stage of a bear market. Some experts predict that at current prices gold is still undervalued by as much as 50%. This may be the epic rise that gold experts have been predicting over the years.
But even if it doesn't experience an epic rise in value, gold is still a necessary means to protect the value and diversify the portfolio you've got.
There may be no better time than now.
How to Bring Gold into your IRA
If you have a self-directed IRA, you can direct some of your IRA funds to be invested into gold. The only requirement is that the gold meets certain purity and refinement standards. The easiest way to invest in gold is through a self-directed IRA.
A self-directed IRA is like a regular IRA except that you the investor get to choose how your IRA funds will be invested instead of the trustee or custodian. This gives you flexibility to invest your money in whatever way that you feel comfortable. It can also ensure that you are always aware of where your money is and how it is being invested.
In this IRA the gold does not get delivered to you once you purchase it. The reason for this is that delivery of the gold would be considered a disbursement of your IRA and you would consequently be obligated to pay penalties. Therefore, once you've decided to put your money toward gold, you will then have that gold delivered and held for you at a designated depository. You will be informed when your gold reaches the depository and you will never have to worry about your gold ever being taken out of the depository or used by anyone but you.
Learn What the Billionaires Know
While billionaires may never have to worry about the retirement 401(k)s and IRAs, the rest of us do. Now you can learn to invest like a billionaire by downloading our new FREE mini-course entitled €How to Invest Your IRA into Gold and Get Rid of Financial Worries for Good.€ This powerful course was designed to offer tips and expert advice appropriate for both the savvy investor and the beginner and could save you thousands of dollars in your own investing decisions.
While you may not be able to live like a billionaire, at least today you can learn to invest like one.
What Billionaires Know
Billionaires like George Soros, John Paulson, and Carlos Slim may have little in common in the way they see the world, but one thing they do agree on is the wisdom of investing in gold. Even Warren Buffet, who personally prefers what he calls €productive investments,€ admits that gold has served investors well - especially during times of inflation.
Looking back to those dark, dark days of 2008 when the stock market nearly crashed, remember when retirement accounts lost $2 trillion in a short 15 months? At the very same time, some smart investors not only didn't lose money to the market but saw their value increase.
Guess where their money was?
That's right, gold.
Had you purchased gold in 2001, by 2011 you would've seen your investment grow by 700%. Let's say that again: a growth of 700%. This same decade was also one of the rockiest economic periods in human history. As the stock market fell, gold thrived. Why? Because when the stock market tumbles and big money investors look for other safer places for their money, precious metals is often where they go.
Is it possible that this could happen again? Not only is it possible, but according to many experts, highly likely. Right now we're inside the largest stock market bubble in history. It could be only a matter of time before that bubble bursts again. If you don't want to again see your retirement accounts lose their value because of another collapse of the economy, the time to change your investment process is now.
Why Do Billionaires Own Gold?
Gold is nature's hard asset. Gold is a tangible and finite resource with a high intrinsic value and has been civilization's store of value for thousands of years. Gold is an alternate form of money all over the world. (It was mentioned in the Bible 417 times.) Unlike stocks, bonds, and mutual funds, gold isn't subject to the sorts of dilutions and devaluations of other paper investments. It can't be printed like money and unlike stocks, it will never be subject to mergers or splits. Gold historically moves counter to the directions of the stock market. For all of these reasons, billionaires own gold because they know that gold is an excellent way to reduce the volatility and vulnerability in their portfolios.
If you want to protect and preserve your wealth, there's no better place than gold.
When Is the Best Time to Buy Gold?
At the time of this writing, many oracles believe that gold is in the final stage of a bear market. Some experts predict that at current prices gold is still undervalued by as much as 50%. This may be the epic rise that gold experts have been predicting over the years.
But even if it doesn't experience an epic rise in value, gold is still a necessary means to protect the value and diversify the portfolio you've got.
There may be no better time than now.
How to Bring Gold into your IRA
If you have a self-directed IRA, you can direct some of your IRA funds to be invested into gold. The only requirement is that the gold meets certain purity and refinement standards. The easiest way to invest in gold is through a self-directed IRA.
A self-directed IRA is like a regular IRA except that you the investor get to choose how your IRA funds will be invested instead of the trustee or custodian. This gives you flexibility to invest your money in whatever way that you feel comfortable. It can also ensure that you are always aware of where your money is and how it is being invested.
In this IRA the gold does not get delivered to you once you purchase it. The reason for this is that delivery of the gold would be considered a disbursement of your IRA and you would consequently be obligated to pay penalties. Therefore, once you've decided to put your money toward gold, you will then have that gold delivered and held for you at a designated depository. You will be informed when your gold reaches the depository and you will never have to worry about your gold ever being taken out of the depository or used by anyone but you.
Learn What the Billionaires Know
While billionaires may never have to worry about the retirement 401(k)s and IRAs, the rest of us do. Now you can learn to invest like a billionaire by downloading our new FREE mini-course entitled €How to Invest Your IRA into Gold and Get Rid of Financial Worries for Good.€ This powerful course was designed to offer tips and expert advice appropriate for both the savvy investor and the beginner and could save you thousands of dollars in your own investing decisions.
While you may not be able to live like a billionaire, at least today you can learn to invest like one.
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