By now everybody should be reconsidering how diversified their portfolio is and what trends should we be noticing to be a successful investor.
You can ALWAYS make money! You just have to invest in the right thing at the right time. Everything takes its turn being in and out of favor.
Currently stocks, bonds, and mutual funds are out of favor. Gold and silver (the commodity-the metals you can feel) are out performing EVERYTHING. What holds people back from investing in something different? Comfort in feeling like they know what they are doing. Let me ask you do you really know about the stocks or mutual funds you are invested in. What is on their balance sheet? Did these companies invest in the mortgage backed securities that are bankrupting our financial system? You are not alone if you don't have a clue.
Investing in gold and silver coins is not complicated. There are two types of coins. You could buy numismatic (collectable) or bullion coins. The bullion coins track the spot price of gold, silver, platinum, etc. The numismatic (collectable) coins track the spot price of their respective metal spot price plus a collectable premium. The premium is based on how much demand there is for the coin.
You don't need to know how to read a balance sheet. (You do if you're investing in gold mining stocks.) I am only talking about the REAL DEAL (coins, bars).
Hold the gold and silver in your hand or put the coins in your IRA's safety deposit box.
Taking possession of your precious metal investment is by far the least amount of risk anyone can take in investing. (By the way there are 100 ounces of silver on paper for every 1 real ounce of the metal.) If you are considering investing in silver ETFs please read this article: http://www.kitco.com/ind/hamilton/jun202008.html. Gold has been a store of wealth for over 5,000 years and has never closed for trading (declared a bank holiday).
Gold doesn't EVER file for bankruptcy and in the last 5,000 years its value has NEVER been ZERO. Put you money in the "Safe Haven Asset," GOLD.
Gold has gone up about 43% in the last 52 weeks while all the major mutual funds are posting losses. Trade your losers for a winner!
If you are interested in learning about diversifying your portfolio with precious metals call Tamara 303-771-5825 at Golden IRA's & Investments, Inc. I love to educate others about protecting their accumulated wealth. You may also visit
www.goldeniras.com to learn more.