IndyMac Bank, F.S.B., Pasadena, California, with approximately $32.01 billion in assets was closed. Last year they were ranked in the top ten largest mortgage loan lenders. Their stock went from about $30 per share last year to approximately $0.44 last week. Freddie Mac and Fannie Mae are also on the brink of non existence. Are you watching YOUR investments? Do you really know if you are making or losing money? It used to be you could give all your money to a financial planner and not have to worry. Things are quickly changing. You need to take control of your own investing. Don't allow others to tell you what to do with your money. IT'S YOUR MONEY!

Financial planners and stock brokers will always tell you investing in gold or silver is scary. They don't make a commission selling it. They chose the emotional angle because there is no fact to back any of their claims. In 1969, the price of a once of gold was $41. Now, it is more than $950. Precious metals are great for long term investing, always have been.

Gold stocks are not gold. Gold mining companies may be able to sell their goods for more, but be aware the biggest expense in mining precious metals is oil, gas, and electricity. Profit margins are determined by taking the total sales minus total expenses. (If they are over seas consider: currency exchange rate and both the other countries inflation rate and US inflation rate.)

Holding the gold or silver in your hand is the least risk of any investment. You are now allowed to put gold and silver coins in your IRA/SEP. You may roll over an existing account or you may start a new one by writing a check. Putting actual gold and silver coins in your IRA cuts out your financial planner and all the fees they charge you ANNUALLY. The fees for a precious metals IRA is considerably lower than an IRAs invested in the stock market, especially if you are going to buy and hold for several years.

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.