Are you tired of worrying about the next stock market collapse? Are you sick of all of the political infighting in the United States? And are you through with the incessant fear and worry of watching your 401(k) losing value in an ailing economy?
There’s a safer alternative investment that everyone should consider. I’m talking about investing in a silver IRA. By initiating a silver IRA rollover, you’ll finally put your money to work in a safe and economically stable investment.
How so? Well, to make it easy to understand, I’ve determined 4 reasons why retirees should make the switch. When all is said and done, I’m tired of hearing about readers losing half the value in their retirement account. And I get really upset when I learn about older retirees who have to go back to work. Why? They’re forced to because their investments crashed and burned.
With that said, we’ll take a closer look at the benefits of a silver IRA rollover. We’ll look closely at the reasons why you should protect your portfolio now. Not tomorrow. Not next week. And definitely not next year.
The economy is on life support right now across the world. Yet precious metals investments are gaining momentum as I type this. It’s time to get off the fence, get clear about your objectives, and protect your wealth once and for all.
Reason #1: Global Debt Is Skyrocketing Across the World
How often do you think about global debt? If you’re like most people, you don’t spend much time thinking about it at all. But I think about it all the time. And I’m scared to death of the potential scenarios that I envision. Now that the US and other countries are printing more money to survive the coronavirus, things will get much worse.
In 2019, US debt had reached more than $21 trillion. It’s now roughly $26.5 trillion and our debt will get much worse. Why? The president and congress already plans to send out a second round of stimulus checks to struggling Americans. The US Treasury Department recently made deals to loan money to five major airlines so they can survive. And the Paycheck Protection Program nearly shut down until the Fed stepped in and pumped more money into this program.
Are these things needed right now? Yes, they seem unavoidable unless you prefer millions more Americans to lose their jobs. But this doesn’t bode well for the country on the whole. It’s going to take years to crawl out of this financial mess, if we can ever do it at all. But more than likely, we could be facing a doomsday scenario that no one ever imagined.
Guess what? If the US dollar completely crumbles you’ll lose everything you’ve ever earned. Your legal tender will be valueless except you can maybe do something with the paper that it’s printed on. Use it as toilet paper or kindling for a fire. You’ll figure something out.
On the other hand, silver investors will have the most valuable asset in the world. Silver is a critical world currency and acceptable everywhere. It’s been this way for thousands of years and it will remain this way for thousands more.
Isn’t it time to finally protect your wealth with silver? Please consider a silver IRA rollover. And while you’re at it, check out our favorite silver company Regal Assets. Do not hesitate to sign up to receive their free investor’s kit.
Reason #2: Consumer Debt Is on the Rise
Student debt and household debt is rising and it doesn’t seem like it will ever stop. You’d think we’d have learned our lesson during the financial crisis in 2008, but it didn’t seem to sink in. People are borrowing more money than ever, and this is especially true when you look at student loan debt. Students currently owe the federal government more than $1 trillion.
When is the pain going to come to an end?
According to Forbes, please consider the following information about student loan debt:
- Nearly 45 million students have taken out loans from the federal government
- They collectively owe close to $1.6 trillion
- Average student loan debt per person is $29,200
- Average student loan monthly payments are $393 per student
- Median student loan debt is $17,000 per student
Think about those numbers for a second…
How are the students going to pay back their loans in this economy? Although many businesses have reopened, there are still plenty of people out of work. And plenty of industries have remained shuttered because we must avoid large gatherings to slow the spread of the coronavirus.
How much longer can people pay their household and student loans before the house of cards finally collapses? This situation alone can lead to the collapse of the US dollar. Protect yourself and your wealth by initiating a precious metals IRA rollover. While the value of the dollar falls, the value of precious metals always rises. Not only will you minimize your exposure to the dollar, you’ll continue to grow your wealth at the same time.
Reason #3: Corporate Debt Has Reached Record Breaking Numbers
We’ve learned that households and students are borrowing money like it’s going out of style. What about the corporations? Are they keeping corporate debt to a minimum? Or are they borrowing money by the truckloads because interest rates are low and it seems like a free-for-all?
You likely didn’t stretch your imagination too far to realize that corporations are borrowing more money than ever. And why not? Most of these companies use the money to give themselves handsome executive bonuses. Or they borrowed money at zero interest to accumulate massive stock buybacks.
Did they use this money to grow their businesses? Not really. Did they use this money to increase their productivity? Not as far as I can tell. Did they use this money to invest in technology to enhance their industry? Not quite as much as they should have.
Businesses took on massive debt so they could spend recklessly. And now that they have this huge burden they’re responsible for, it’ll put a big strain on their balance sheets.
Do you know what they didn’t anticipate? They never expected to shut their doors for months because of the coronavirus. Now all of these businesses are struggling to survive. Massive corporations that should have healthy balance sheets can barely pay their employees because they acted recklessly.
Their stupidity doesn’t have to ruin your life. You can make better decisions than foolish corporations that greedily think about filling their own pockets. It’s time to step up and take a stand to protect your financial future. It’s time to initiate a silver IRA rollover through our favorite company Regal Assets. They’re the best in the business and they’ll take care of you every step of the way.
Reason #4: Silver Is an Incredibly Valuable Asset During a Crisis Situation
No one wants to admit it but the US and world economies are on the brink of a major crisis. We keep printing money to achieve stabilization but it’s going to catch up to us after a while. Before long, the US dollar could potentially lose all of its value. The United States government’s trust could vanish in the eyes of world leaders if we aren’t careful.
Owning silver will protect you in ways that you couldn’t possibly imagine right now. If the US slips into an apocalyptic scenario, you’ll be glad that you possess this shiny precious metal. And your already valuable silver will become the most precious commodity on the face of the earth. You can use it to make life-saving purchases that will help you survive and thrive in a chaotic world.
You can use silver to buy things like:
- Coffee, Alcohol, Tobacco, and Tea
- Pens, Pencils, and Paper
- Supplies for Sowing
- Seeds for Growing
- Toiletries
- Medicine and First Aid Supplies
- Blankets, Clothing, and Other Outerwear
- Supplies to Make Fires like Magnesium, Matches, Flint, Etc.
- Flashlights and Portable Lights
- Chargers and Batteries
- Water Purification Supplies and Purifiers
- Food
- Beverages
- Cleaning Components Including Baking Soda, Vinegar, and More
- Books
- Razor Blades and Knives
Nobody wants to think about impending doom and gloom. But if things don’t begin to get better soon, we may end up watching our economy collapse. Would you rather be prepared or would you rather remain foolish? No matter what, investing in silver is still incredibly powerful even if the apocalypse doesn’t happen. You’re still going to gain massive value on your investments in a tax-free or tax-deferred IRA. So it’s a win-win situation no matter what way you look at it.
How to Initiate a Silver IRA Rollover Immediately
In most situations, I’d tell you the start researching silver IRA companies as fast as possible. But things look dire and you may not have enough time. Plus, I already handled all the research for you. Please check out our review of the top 10 gold and silver IRA companies doing business today.
Even better, consider our #1 pick for the top company in the industry, Regal Assets. Visit their webpage today to sign up for their free silver IRA investor’s kit and discover the truth for yourself.
Investment nowadays does not necessarily mean you should hold money and use it for something, it can mean that you acquire an asset that will always appreciate regardless of the economical situation. The 4 reasons you gave ate just on point and are enough to convince people, I’ll look into considering Silver IRA rollover. Thanks for sharing
Hello Manny! Thank you for the compliments to my article and I’m glad you really appreciate it and are considering a silver IRA rollover yourself. Please let me know when you do make a good decision! Thank you again for the feedback and the compliments!
Well! It is never too late but always it is advisable to invest in things like this that are rare to flunctuate and are always in most cases on the rise in line with currency. I rwlaly appreciate all you have shared here and I must say that this is really worth it. Thank you so much for sharing this tips on why we should consider investing in a silver IRA. It is surely worth it
Hello Phillip! I’m glad you appreciated all the contents in the article. It’s always good to hear your feedback and compliments!
Wow, the idea of an IRA has never come to my mind before or the fact that there was some good investment for such solid entities. I see that their value never come down which is infact a very big plus to the whole idea of doing it too. I should be interested in a rollover like this. As it is, the world economy is crumbling and this is something that can save my own pocket.
Hello Payton! I’m glad my article opened up your options to a silver IRA rollover! Do let me know if you ever want to proceed with it or have any questions!
I was already considering the thought of giving the gold IRA a trial before. Though I am quite a newbie into this, I feel that IRA investment Into precious metals would make the difference in the long run and I love this about you here. The silver IRA rollover that you have shared is really good and superb. I will definitely consider it. Thumbs up
Hello Sherry! I’m glad that you were already considering a precious metals IRA rollover and that I can encourage you to do so. I hope you do take it into consideration and that you make the best decision. Thank you for the feedback and the encouraging compliments!
Hello I have been looking for some really nice means of making money as I invest but I wan to be careful not to invest in what reduces in value over time and getting to see investing in Silver is a great idea actually. These are really good and I still would need some more convictions to go on with it.. How about investing in gold as it is also a precious metal?
Hello Bella! Investing in gold is just as wise a decision as it is to invest in silver. I would recommend that you invest in both in a precious metals IRA. Thank you for sharing your experience and your feedback, Bella!