The past has shown that investing in gold and silver acts as a hedge to inflation and economic uncertainty. However, there is a lot of Americans who want physical precious materials but do not have the financial resources. If you are one of these people, you should know that you have the option to roll over your 401k into a self-directed Gold IRA or transfer to it. Your current 401K won’t allow you to hold physical precious metals. This is why you need and want the 401K Rollover. A Gold IRA is the best way for you to acquire physical precious metals. Visit our website and learn more about the best gold IRA companies.
Many investors know the value of silver and gold. However, they choose to invest in these precious materials via Exchange Traded Funds. ETFs are supported by metals. ETF share prices are derivative paper assets that are based on the current price of the precious metals. They don’t give you true ownership of gold or silver. You can have real assets today that will continue to be valuable long into the future if you actually purchase silver bars and coins.
Imagine if you were able to make a 401K rollover to a Gold IRA in 1970. In that year, you would have rolled over $10,000 into an IRA investment. Your Gold IRA today would have a value of $530,000, despite all the political turmoil, terrorist attacks and oil shocks that have impacted your finances and investments.
The future value of gold, and other metals, should rise as the US Dollar’s worth continues to be devalued by our government and emerging economies require more precious metals for infrastructure development and central bank diversification. Silver investing is as smart as buying gold. However, it is even more important to hold precious metals in hand or Gold401K and not just share of funds that invests gold bullion. For your family’s safety and future, you can rollover your 401K to a Gold IRA.