The stock market appears to be heading for new heights every day. Investors searching for bargains on the current bull market should be patient. If the fundamentals and current buying trends remain strong, it is possible for the savvy investor still to make a profit. However, prices can rise if they continue to be high. This doesn’t mean that they can’t change course quickly. The fact that it will change course at some point is almost certain – the question is just when and how. On gold ira calculator you can learn more.
The stock market has been experiencing a correction around every 12 to 18 months. No one knows whether the next correction (or any other one, or any other… ) will be as severe or short-term as the 2008 meltdown that saw $2 trillion of retirement account value disappear in 15 months.
Could the Market Fall Again?
Yes. And smart investors shouldn’t ignore it. This should be a major concern to anyone who has a retirement fund. Not only can a market crash happen, but so can runaway inflation, and devaluation. Which type of investment would protect your retirement from all those outcomes?
Why? For the last 10 years, prices for gold have been in an upward trend. In the last 12 years, the price of gold has outperformed that of the stock market. Experts still believe that gold remains undervalued even with its history of high performance. Even in a market correction, the price of gold is not allowed to fall too low. Prices drop below a certain level and no new mines are built. This reduces supply which then causes prices to increase again. Investors also tend to flee assets like stocks and dollar when geopolitical tensions escalate, such as what is occurring now. They seek out “safe haven” in gold.
The ultimate hedge? Gold
How to Buy Gold Coins from an IRA
It is necessary to create a Self-directed IRA in order to be able to buy and keep gold in an IRA. This account is able to allow the investor to buy physical gold, silver, and not just stock and ETFs. Because of their numismatic nature, bullion coin’s have premiums over the melt value. Gold coins are an excellent investment. Because they are highly liquid, coins can easily be converted into cash.