Gold IRA Investing- Reason,Rules & Companies app for iPhone and iPad
Developer: Kazi Shahid
First release : 14 May 2016
App size: 54.97 Mb
GOLD IRA INVESTING
The Best Gold Investing Newsletter App ***FREE***
Content of Gold IRA Investing App:
* Why invest in precious metals?
* What is gold IRA ?
* The uneasiness in US economy and its reason
* Why 401k isnt good for you?
* What are the best solutions to protect your investment?
* How to Convert 401k and other IRAs into gold IRA
* Why Consider A Gold IRA Rollover?
* Why Invest in Gold & Precious Metals?
* Can a gold IRA rollover protect you from financial collapse?
* Benefits of Gold IRA Rollover
* Latest market news
* Rules & Regulations of Gold IRA Rollover
* Allowable types of metals
* How to choose a good gold company to work with
* The liquidation process
* Types of gold to select
* Storage options to look at
* Reviews and ratings of some of the well known gold companies in USA
* Plus much much more...
If the gold IRA rollover has only been popular for the past decade or so, it hasn’t always been the case. However, throughout history gold has been the “gold standard” since Egyptians first smelted it in 3,600 BC. It has been used to express love and the ultimate commitment in the form of gold wedding bands. Wars have been fought over gold and the course of entire civilizations have changed because of it. The Americas, for example, were first explored primarily by those in search of gold, even including a fabled city of gold. Even our idea of paradise has streets paved with gold.
Today, gold continues to be a symbol of wealth and prosperity and this is something that is understood by people who choose to go forward with gold IRA rollovers. The reasons why it always has been so valued are myriad, but primarily it is due to gold’s scarcity. Some have estimated that all the gold ever mined and that is now in existence above the ground would create a cube of only 20 meters by 20 meters by 20 meters in size. Every necklace, tooth crown, ring, coin, or bullion brick would fit into a box about as tall, long, and wide as the Washington Monument.
Because of its scarcity and value, investing in gold is seen as a solid hedge against the vagaries of the marketplace and the unknowns of the world of paper currency. That is why turning a 401k into a gold IRA rollover is becoming more and more popular among investors who want to diversify and protect their retirement accounts. Gold is seen as good protection against the possibility of monetary devaluation, inflation, or deflation, which often happen as a result of risky governmental policies and overspending. Stock market volatility is another reason for investing in the security that a gold IRA rollover represents.
The advantages of a gold IRA rollover:
Enter the gold IRA rollover. By shifting a 401k or other retirement vehicle into gold investments, you can protect yourself against such dramatic shifts in other investments. In fact, when gold prices rise, that is a signal of the health of the economy, according to former Federal Reserve Chairman Ben Bernanke. The reason people turn to gold IRA rollovers, he said, is to protect against tail risk, which are outcomes that are “really, really bad.”
Gold prices tend to rise when the economy is doing poorly or when there may be some threat to international economic stability such as wars or oil supply disruptions. At these times, investors buy up gold (either as stocks or as part of a gold IRA rollover) as a guard against economic disruptions or weakening currencies.
In addition to being a hedge against economic upheavals, retirement investing in a gold IRA rollover also can save on the tax end. The highest tax bracket when you remove funds from a standard 401k or IRA is 39.6 percent. However, since gold is classified by the IRS as a collectible, any profit on its sale is considered a capital gain and only faces a 28 percent tax.
Learn more on how to make a better portfolio with gold with the Gold IRA Investing App.