As many plan holders of Self Directed IRA and Solo 401k accounts have come to realize, retirement accounts are no longer restricted to stocks and bonds. With the innovative retirement solutions, investors are now excited to explore different investment options, including real estate and private businesses. However, not a lot of investors have started to invest in precious metals, the most fundamental investments that have been around way longer than the stock market. Adding precious metals to a retirement portfolio is a great way to minimize risks and even increase the overall rate of return for the portfolio.
Why invest in Precious Metals
- Secured Investment in Commodity
- Simple transaction, no management required!
- High volume trading: Easy to buy, easy to sell
- Stronger return during economic recession or volatile market
As with other commodities, gold and silver have been traded all over the world way before stocks and bonds. People have been known to buy gold and silver as a mean of saving since the very early time in the history. Considered tangible assets, the price of precious metals can fluctuate but investors are much less likely to lose it all like with stocks and other intangible assets.
For that reason, precious metals are often seen as investments with the lowest risk. In fact, when the economy goes into recession, or when the stock market proves to be too volatile, prices of gold and silver shoot through the roof. This is because when investors lose trust in other investment classes, precious metals become their safest bet.
Also, people who invest in precious metals can always choose to hold gold and silver for as long as they like, or as short as they like. Due to the nature of the assets, precious metals can often be bought or sold quickly, with much less legal process involved compared to real estate investments. You can buy gold to hold for long term appreciation and safeguard against inflation. You can also choose to go with a buy and sell strategy for a higher return. The choice is completely yours.
How to invest in Precious Metals
A lot of investors are shy away from exploring new classes of investments just because of their lack of experience with that particular asset. Some want to invest, but ask themselves how to buy gold or where to buy gold.
With Prudent Consulting, our partners are industry veterans. They understand the learning curve and will walk with you through every stage of the process.
- Transparent rates – No surprise charge!
- Free consultation: Get tips and advices from the best in the industry
- Full buying and selling service support
- Worked with the most trusted precious metal investors
Talk to us today to be connected to the best precious metal investment opportunities.