WhyFiscallyConservativeInvestorsShouldConsider GoldInRetirementIncomePlanning
Initsnewguide,GoldIRACompaniesBulletin explainswhyopeningagoldIRAisasmartmoveif you'relookingtodiversifyyourinvestmentportfolio andreduceoverallrisk.
Commonlyreferredtoasa“safe haven”,goldisoneofthefewassets thatkeepsitsvalueevenwhen marketsareshakyandinflationis high.
“Goldpossessesaunique characteristicthatsetsitapartfrom otherassets:intrinsicvalue,” explainsDougYoung,authorofthe guide.
Becauseofitsscarcity,gold actsasahedgeagainst economicshiftsandout-ofcontrolmoneyprinting.
Forexample,quantitativeeasinghas virtuallynoeffectonthevalueof gold,despiteitstendencytodevalue currenciesanderodepurchasing power.
AccordingtoYoung, goldisalsomucheas toinvestinthanothe retirementassets becauseitrequiresno upfrontcosts.
