Investing is really difficult. It’s easy enough to buy certain investments like stocks, bonds, and mutual funds. But do you know how to actually make money with them? This is why we will discuss why you should consider a self-directed IRA rollover to alternative assets like gold and cryptocurrencies.
As an investor, it’s in your best interest to own as many types of assets as possible. This will create diversification, which typically leads to investing success over the long term.
Most investors overlooked the benefits of alternative assets in the past. But it’s impossible to fail to see the value of buying gold and cryptocurrencies. Today, I’d like to help you truly understand the value of investing in these assets.
Before you’re through, you’ll understand why a self-directed IRA rollover makes the most sense for portfolio growth and protection. And even better, you’ll understand why you should get started with this investing strategy right away.
Are you ready to learn the truth about investing in alternative assets? Keep reading to discover the biggest benefits of buying cryptocurrencies and precious metals today.
Top 5 Reasons to Begin Investing in Cryptocurrencies via Self-Directed IRA Rollover
Honestly, there are more than five reasons why every future retiree needs to add cryptocurrencies to their portfolio. But instead of hammering you over the head with a million reasons, I’ll share the top five best with you right now.
They include:
Reason #1: Add Investment Diversity to Your Portfolio
As an investor, one of the most important ways to protect your portfolio from the downside is by adding diversification. Most financial advisors would only recommend placing a small amount of your portfolio in cryptocurrencies and other assets like gold.
I feel differently at the moment. The stock market has been in the middle of a massive bull market for a long time. It’s better to protect yourself from the eventual downturn by adding more alternative assets to your portfolio.
Instead of only converting 5%-10% of your portfolio to cryptocurrency, you should consider bumping the number up even higher at this time. Think about turning 20% of your portfolio into cryptocurrency investments.
Why? It feels like a potential stock market downturn is imminent at this point in time. Plus, these investments are incredibly popular right now. They have the potential to earn serious money in the short term, even though this is a long-term investment.
Reason #2: Earn a Dramatic ROI Relatively Quickly
Besides the amazing diversity, investing in a crypto IRA means the opportunity for earning dramatically. The ROI potential in investing in Bitcoin, Ethereum, and other excellent currencies is off the charts at this point.
Remember, back in August 2012, Bitcoin was valued at $112 per coin.
Fast-forward to less than 10 years later in February 2022. The value of Bitcoin is currently $44,253.70 at the time of this writing. And this is after a 30% pullback over the past month and a half.
As you can see, the potential for earning big money relatively quickly is huge. As a long-term investor, knowing this possibility means earning compounded returns year-over-year for decades to come.
Learn more about the top cryptocurrency IRA companies by clicking here.
Reason #3: It’s Not Too Late to Get Started
Too many people are falsely convinced that it’s too late to begin investing in cryptocurrencies. Nothing could be further from the truth. As a matter of fact, Cathie Wood of Ark Invest believes Bitcoin can reach $1 million. And only $44,000+, the upside potential is still massive.
Even more interesting, smaller and lesser-known cryptocurrencies gain huge value every day on a percentage basis. These little-known cryptocurrencies are making smart investors serious cash.
The top cryptocurrencies right now include:
- Bitcoin
- Ethereum
- Tether
- BNB
- USD Coin
- Cardano
- Solana
- XRP
- Terra
- Dogecoin
- Polkadot
To begin investing in a crypto IRA, please click here to learn about the best companies in the industry.
Reason #4: Cryptocurrency Transactions Offer Greater Transparency
One of the best arguments for cryptocurrency investing is transaction transparency. Using blockchain means operating with a transaction type designed to protect every party involved in a particular transaction. This means the encrypted protocols happen on a publicly distributed ledger.
This ledger cannot be manipulated or altered whatsoever. This in turn means fewer investment risks due to false data, poor valuations, and other potential discrepancies.
Unfortunately, for traditional investors these discrepancies tend to cost billions of dollars. This isn’t going to happen because blockchain provides complete and perfect transactions at all times.
Reason #5: Blockchain Potential Isn’t Fully Realized yet
The unrealized potential of blockchain is huge and it’s only getting bigger as time goes by. The great thing is new companies enter the space all the time. These new industry dynamos create different and innovative ways to utilize blockchain.
This leads to groundbreaking developments and advanced security measures. It’s a way to create unique and powerful e-commerce infrastructures and make cryptocurrency monetization easier than ever.
Let’s take a look at NFT tokens. These valuable collectibles including baseball cards and art wouldn’t be possible without blockchain. But this is only one huge opportunity. Thousands of more opportunities like this one are on the horizon all due to the unrealized potential of blockchain.
Top 5 Reasons to Begin Buying Precious Metals via a Gold IRA Rollover
It shouldn’t surprise anyone to learn that a self-directed gold IRA rollover is a good idea. This is especially true during times of economic turmoil and inflation. Or to put it another way, like the times we are living in right now.
The main benefits of a gold IRA rollover include:
Reason #1: It’s an Excellent Hedge against Inflation
We all know that the dollar is worth what it used to be. And this shouldn’t surprise anyone based on the inflation we’ve been experiencing over the past year.
The price of gas is at all-time highs across the country. Groceries currently cost 20%-30% more than they did just a year ago. And with an incompetent president and office, they aren’t going to get better anytime soon.
Investing in gold is a great way to hedge against inflation. The value of gold arises along with the value of inflation, which protects your monetary wealth.
Click here to read about the top 10 gold IRA companies right now.
Reason #2: Physical Precious Metals Are Tangible Assets
There is nothing like owning a tangible asset. Making money on a computer screen is one thing. But actually holding it in the palm of your hands is a whole different animal altogether. And the beautiful glossy shine of a gold or silver bar or coin is a magnificent sight to behold.
Even better, gaining access to physical precious metals is important during times of economic crisis. You may not realize it now, but if your currency were ever to collapse your precious metals would be the only financial value you still have.
Reason #3: Precious Metals Are Highly Liquid Assets
Another great thing about investing in gold and silver is the liquidity. Buying and selling real estate is great, but what happens if you own real estate in a down market. You’re never going to sell it and you’ll have to pay taxes and upkeep fees for months or years. This is a long way to wait before the market turns around and many homeowners and up being foreclosed in this situation.
Gold and Silver are never going to go out of fashion. Investors will always want to own physical precious metals. This highly liquid market means you can sell your precious metals at any time. There will always be a buyer available to make a purchase whenever you’re ready to unload them.
Click here to read about the top precious metals IRA companies in the industry right now.
Reason #4: Gold and Silver Are Considered Safe Haven Investments
Want to know the most interesting thing about investing in silver and gold? These physical assets are considered safe haven investments.
What does this mean?
Silver and gold have earned this status of being called safe haven because they are stable. They managed to maintain or even grow their value during stressful economic times. And they outperform the market during bad economies like the one we’re in right now.
Are you looking for a way to protect your financial wealth? Investing in gold and silver during a difficult inflationary period is the best way to go.
Reason #5: Precious Metals Do Not Correlate with the Stock Market
Lastly, it’s important to know that precious metals prices do not correlate with stock market movements. This is critical because you do not want your gold and silver investments crashing along with your stock market investments. In fact, these investments will prop up your stock market shortfalls.
This is amazing because it’s very difficult to find safety during tough economic times. But gold and silver investments are perfect because they’re hard assets where investors flee to when markets get tough.
Bottom Line
Clearly, there’s never been a better time to begin investing in a self-directed IRA rollover to alternative assets. Why? Inflation is rocking the United States of America right now. Gas prices are rising dramatically along with the prices of groceries and other goods and services.
Plus, the stock market recently began selling off and investors are scared right now. You should definitely consider protecting your wealth sooner or later through alternative asset investments.
Click here to read about the top cryptocurrency IRA companies in business. And when you’re finished, click here to read about the top gold IRA companies in the industry. Choose one or both investment methods and get started right away.
