Gold and silver are proven to be a safe investment against inflation. Many Americans want precious metals but lack the funds for them. Read more now on top gold IRA companies
If this is you, then you may want to consider a 401k Rollover or transferring your funds into a Gold IRA. Your current 401K will not let you hold physical precious metals. This is why you need to rollover your 401K. Gold IRAs offer the best option for acquiring physical precious materials.
Exchange Traded Funds, or ETFs, are used by many investors who are familiar with the values of precious metals. ETFs are derivative paper assets, whose values are based on the value of precious metals. The ETFs don’t give you true ownership of the precious metals. If you buy real silver and gold coins, or bars of both, you will own assets with intrinsic value that you can enjoy today and in the future.
In 1970 you might have been able to convert $10,000 from your 401K account into a gold IRA. In 1970, you could have rolled over $10,000 of your 401K into a Gold IRA.
As our government continues to devalue US Dollars, the value of precious metals such as gold will rise. This is because emerging economies are requiring more metals as a means of diversifying their central banks as well as infrastructure. Silver investment is just as smart. Even more importantly, it is important to hold gold or silver in your own hands. You can protect the futures of you and your loved ones by rolling over your 401K into a Gold IRA.