Gold IRA Investment Options
So, you’re reading this now which means you are interested in adding gold to your retirement portfolio.
This could be a very good move on your part and some experts pose that there is a tremendous opportunity that gold presents right now.
So I’ll tell you a little bit more about gold IRA investment options so that you can look into your options of purchasing physical gold and holding it for the long-term outlook of your financial future.
If you already have a 401(k) or other retirement account in place then you’re going to want to do a 401(k) rollover into a gold IRA in order to invest in gold, unless your employer plan has this option, though you’ll want to consider an IRA for physical gold holdings.
Read more about a 401(k) rollover into a gold IRA here.
I know a lot of people believe that they can have physical gold as part of their 401(k) investment but it’s just not true.
The only option you have to buy physical gold as one of your long-term holdings is to purchase gold inside of your gold IRA account.
You may prefer to buy your gold under this investment vehicle anyway because all of the gains you make inside of your IRA account as far as taxes are concerned.
Go here for further reading about a gold IRA account
So you’ll be able to enjoy the IRA tax benefits, and that of directing a portion of it into gold.
Here are the physical precious metal gold IRA investment options you’ll be able to add into your account.
*Rounds and bars need to meet a specific fineness as follows:
Palladium .9995+ Platinum .995+ Silver. 999+ .9995+ Gold
The rounds or bars must all be certified through qualified institutions
Here is a little more about each of the gold investments allowed in a precious metals IRA
You can also invest in any other types of stocks or treasury bills or other types of investments such as real estate and various others inside of this portfolio that you will want to inquire about as you may be surprised by some of them.
In the case that you already know that we won’t go too deeply into that aspect of a self-directed IRA account.
You do need a self-directed IRA account to invest in physical precious metals, so be prepared to take control of your own financial future because you’re going to be responsible to make the investment decisions.
You could obviously hire a money manager as well to help you with those decisions but ultimately the final choices are going to come from you, and your selected self-directed IRA trustee may offer you some advice for your investment options to add some intelligent portfolio diversification, though you will need to look into this.
If you need help in this area with your investment options, then you have the option to put your contact information into the form on this page. You may also want to have a look at our post on investing 101.
If you decide to fill out the form to receive your free investment kit a qualified representative will answer any questions that you have and fill you in on any concerns that might be going on your mind.
So you do have that option to take that educational step towards your investing journey into the world of physical gold and precious metals, or at least take the next step into learning a bit more to get a better idea if this is the right venture for you and your goals.
No one will tell you that there is one way that is right, and numerous experts who have done extremely well disagree on some investment strategies. Then some would point to the fact that some billionaires have invested in gold and see that as an obvious sign. It will be up to you to research and make the decision that is right for you and your financial situation.
Further reading in investments allowed in a precious metal IRA: