Top Reasons to Own Precious MetalsFrom gold’s track record of performance and diversification benefits to a threatened U.S. dollar and ongoing geopolitical concerns around the world, there are a number of reasons that individuals are deciding to move a portion of their assets into physical gold.
Store of WealthWhile some tangible assets may lose their value through measured depreciation, gold and other precious metals are determined a valuable store of wealth, because they have the ability of to preserve value over time. Assets such as gold and other precious metals hold value allowing investors to transfer current wealth into the future with very little risk.
Safe HavenIn times of financial or political volatility, gold and other precious metals are considered to be a safe haven. This is because the asset is not at risk of becoming worthless like other investments can. A safe haven investment can add value to a retirement portfolio through diversification of assets, reducing the overall risk of the portfolio.
Portfolio DiversificationPortfolio diversification refers to the necessary step in reducing risk from high-return, high-risk assets to steady growth and reduced risk assets. This is important for investors who carry a large number of stocks, bonds and municipals in their portfolio as they near retirement and cannot take sudden dramatic drops in their retirement income and portfolio.
Private Form of WealthPrivate wealth is the portfolio of family assets representing the total financial capital of a legacy family wealth. This can include a cash amount and the ownership in an enterprise or family business. Private wealth represents the development of an enterprise or fortune over a period of time, and the value of the enterprise in the market.
Let’s Get StartedSimply reach out to gain information and an initial conversation to discuss your goals. If you have questions about a investing in gold with a self-directed IRA, Huntington Alternative Wealth can point you in the right direction. Give us a call today!
Request a Callback