A precious metals IRA would have been the smart investment vehicle during the economic crisis of 2008. Stocks and bonds turned out to be profoundly capricious, as real estate prices fell suddenly. Strong currencies like the Euro and US dollar rapidly lost value. Basically, almost all major forms of investment were no longer dependable. The government and banks have been…
Category: Precious Metals IRA
Benefits of Precious Metals IRA Approved Gold Investing
There are some significant benefits precious metals IRA approved gold investing, although it works very similar to a traditional IRA. The difference is that instead of holding assets in the form of paper currency, it holds gold coins or bars. So, one obvious benefit is that despite depreciation of currency (meaning dollar) the worth of your assets is not affected…
Precious Metals Allowed in an IRA
In regards to a precious metals IRA, it is not so easy to invest in any type of coin or collectible. The Internal Revenue Service (IRS) announced strict rules pertaining to what types of precious metals are allowed in an IRA. As a matter of fact, many common gold bullion coins and gold bullion bars are not eligible for gold investing…
Precious Metals IRA Approved Gold Coins
Many widely-popular gold coins actually do not qualify for gold investing in your precious metals IRA. Below, please find a list containing the most popular gold bullion coins that are actually eligible for a precious metals IRA. American Gold Eagles – The purity of this coin stands at 91.67. Meaning, its weight of 1.0909 troy ounces gets you one troy…
Precious Metals IRA Approved Gold Investing
A gold IRA, aka precious metals IRA, presents the opportunity to hold a range of other assets, which include precious metals, such as gold. Nonetheless, all kinds of gold bullion bars as well gold bullion coins do not qualify for gold investing in a precious metals IRA. The Internal Revenue Service (IRS) has laid very precise specifications regards purity of…
Gold Bullion Coins NOT Allowed in a Precious Metals IRA
There numerous gold coins that you cannot use for the purpose of your gold investing in your precious metals IRA. Take special note, that there are also quite a few widely-popular coins that are actually not eligible for gold investing in your precious metals IRA. Below, please find a list of some of these gold coins: Chinese Panda coins Chilean…
Benefits of Rolling Over a 401k Plan to a Precious Metals IRA
A 401k gold IRA rollover has desired benefits. For example, the fact that you will be able to manage the designation of your retirement funds and make new tax-free investments, such as precious metals, would be the main benefit of rolling over 401(k) plan assets into a self-directed IRA. You will have fewer investment options in an employer-funded retirement plan…
No Collectibles Allowed in a Precious Metals IRA
Please note that regardless of what dealers (agents) tell you, collectible coins are not permitted in a precious metals IRA under any circumstance. Nevertheless, you can purchase collectible coins as a separate investment (outside of your IRA) but you will have to store these coins on your own. The reason why collectible coins are not approved by the IRS is…
Gold Investing: 3 Strategies to Maximize your Precious Metals IRA
Proper asset allocation when gold investing in your precious metals IRA is a great way to keep your portfolio strong and safe. Because gold is a popular commodity for individuals engaged in gold investing of all experience levels, we have compiled a few strategies to help you wisely allocate your gold investing in your precious metals IRA: Investors who are…
Gold Investing the Importance of Strategizing your Precious Metals IRA
Gold investing in a precious metals IRA could protect preserve your wealth and protect your legacy. However, some people choose to invest simply in opportunities that they like. There is nothing necessarily wrong with being excited about your investments. However, in order to maximize the benefits of investing, it’s important to come up with an investment strategy before taking steps…