Investing in the stock market can be scary. Investing in commodities such as precious metals can be even trickier.
Ever since the financial meltdown in 2008, people have sought safe havens for their money. Not only do investors seek to make money on their money. In today’s dire economic climate, many folks are simply looking for their money to retain its value, so they can have a reasonable retirement.
One increasing way to do so is by putting a portion of your retirement account or 401k into precious metals. Gold IRA’s are becoming more popular and solid information on how to do it is more widely available than ever.
To protect against future financial collapse, dollar collapse, inflation and more, it is recommended by savvy investors to put 10%-30% of your money into a gold IRA. This gives a good “hedge” against the stock market failing. The current price of gold is also advantageous to investors.