Are you worried about the future? Have you noticed all the political unrest taking place in the United States in the few years? Are you beginning to worry that the riots and Black Lives Matter movements could hurt your financial wealth?
You aren’t alone. There are so many unhappy Americans right now very worried about their financial future. With so much political uncertainty, geopolitical unrest, and civil unrest throughout the world, it’s really a scary time.
And let’s not forget about all the money being borrowed in the United States. At some point this money is going to have to get paid back. It’s going to come from the taxpayers, which will ultimately create massive inflation.
How do you protect your wealth from a fearful future? The best way is to open a self-directed gold IRA. And the best time to do it is right now. Yesterday would be better but that’s obviously impossible!
Are you wondering if this is the right investment strategy to meet your needs? I’ll tell you exactly why every red-blooded American should open a self-directed gold IRA today.
This isn’t rocket science people. This is tried-and-true good old American wealth building at its finest. And this is making the most of tax benefits that do not come around too often.
Ready to discover why a self-directed gold IRA is the best choice right now? Keep reading to find out more.
1) Portfolio Diversity Helps to Mitigate Your Risk Profile
As I said, investors are really starting to see the writing on the wall. They realize that leaving all of their money in the stock market and bond markets of the world isn’t smart.
Why not?
For the longest time, the bond market was going absolutely nowhere. It recently picked up nicely but it seems to be slowing down already.
And don’t get me started on the stock market.
It crashed during the beginning of the pandemic in 2020, but it has since recovered dramatically over the past year. It’s recovered so much that the overall market is looking really overbought right now.
Do you know what that means? It means the stock market is likely poised for another big crash. Or at least a pullback if nothing else.
Right now, if you’re invested in stocks your portfolio has likely grown by a wide margin over the past year. It likely didn’t take long to recover your losses from early last year. And most investors have added even bigger bucks to their bottom line since then.
Are you ready to give it all back? Because if you keep testing fate, you are going to get burned. You are going to end up returning all of your hard-earned gains if you aren’t careful.
Instead of risking it, you should diversify your portfolio by investing in a gold IRA.
Why buy gold?
It’s the most respected form of legal tender on the earth. It’s been used for thousands of years and it will continue to be used for thousands more.
And why a self-directed IRA?
This account allows you to grow your retirement portfolio using tax-free or tax-deferred money. It gives you the ability to achieve bigger and better growth with bigger funds.
And the tax benefits are stupendous as you’ll learn in a moment.
Learn about the top 10 gold IRA companies by reading my detailed review of the best businesses in the industry.
2) Self-Directed Gold IRA Tax Breaks Equate to Decades of Financial Growth
Opening a self-directed gold IRA means gaining access to special tax advantages that only IRA account holders are privy to.
And don’t take this lightly, because the benefits are truly outstanding.
Even more important, just knowing that the IRS doesn’t offer tax loopholes lightly means this is a really special treat.
So, what are the major tax benefits of opening a gold IRA?
They include:
- A self-directed traditional gold IRA receives tax-deferred contributions. This means the IRS takes less money from your paycheck so you deposit it and grow it in your IRA.
- A self-directed Roth gold IRA account receives tax free contributions. This means that when you reach retirement age, everything is yours to keep. The taxes have already been paid before you deposited the money into your IRA account.
- With a self-directed traditional gold IRA, you only pay taxes once you begin taking distributions. And the taxes you’ll pay are based on the marginal tax rate at that time.
- You’ll lower your overall adjusted gross income with a tax-deferred traditional gold IRA account. The money you deposit into your IRA account each year comes directly off of your total gross adjusted income. It’s like you didn’t even earn the money until you take a distribution during retirement.
- You can accumulate wealth until you reach the ripe old age of 70 ½ years old. Many retirement accounts have a 65-year-old cutoff age limit.
And the list goes on and on.
To make the most of the benefits of a gold IRA, you should work with a reputable broker to get started. Read about the top 10 gold companies in business to find the best company to meet your needs.
3) The Demand for Gold Has Never Been Greater
This may seem crazy to think about, but the supply of gold is dwindling. Mining companies search for new gold veins year after year and come up empty.
As an investor, this may seem scary on the surface but it’s actually a really good thing.
Do you know why?
It means there is a bigger demand for gold than ever before. Countries like China and Russia as well as the US buy gold by the metric ton.
Average investors and celebrities also like to buy massive amounts of gold as long as they can afford it.
What’s the big obsession?
It isn’t an obsession per se, but good people and countries use their intelligence to protect their financial wealth.
As I’ve said in the past, the US dollar is backed by the goodwill of the country and nothing more. Unfortunately, United States goodwill isn’t thought of very highly on the world stage right now.
In fact, the country is beginning to look like a laughingstock and this should scare the hell out of you as an American.
Even more important, it should scare you to the point that you begin minimizing your exposure to the US dollar. For many reasons, the US dollar is on the verge of collapsing.
Do you want to get caught on the bottom floor of the proverbial building when it finally falls down? I certainly hope not.
Instead, begin investing in gold and minimize your exposure to the potential failure of the US dollar.
4) The Value of Gold Is on an Upward Trajectory for the past 20 Years and Counting
I don’t know about you, but I like to put my money in stable investments for retirement. I do not want to take any chances with my retirement nest egg and you shouldn’t either.
That’s part of the reason why gold investing is so attractive for retirees.
Think about this for a second…
Based on the most up-to-date figures, in the past 20 years the value of gold has risen by 567.36%. Dollar for dollar, this is a total gain of $1469.45 per ounce.
To break it down even further, over the past five years gold has risen by 39.11%. This is a total of $485.95 per ounce.
Breaking it down even more, gold has risen by 3.82% in the past year. This is a total of $63.65 per ounce during this timeframe.
Why am I sharing this information with you today?
I want you to see how consistently the value of gold has risen over the past two decades. As I said, this is one of the most stable investments you’ll ever come across.
It’s hard to find an investment that goes up in value year after year.
Why is this happening?
It’s happening for many reasons, but most important of all it’s happening because of economic uncertainty. It’s happening because the US dollar is a fiat currency backed by nothing. And it’s happening because the euro is a fiat currency backed by nothing.
It’s also happening because people around the world are getting sick and tired of being taken advantage of by unscrupulous governments that don’t care about them.
Are you ready to restore your financial health? Are you ready to protect your financial future?
Take a moment to learn about the top 10 gold IRA companies. Each of these businesses has years of experience helping future retirees set up their gold IRA account from scratch. These companies are the best and brightest in the gold IRA industry.
Bottom Line
There’s never been a better time to open a self-directed gold IRA account. The US economy is in serious trouble. Illegal immigrants are flooding the country in droves and creating massive economic problems. And the US president isn’t playing with a full deck as far as his mental capacity is concerned.
On the other hand, buying gold leads to:
- Avoiding value loss due to hyperinflation
- Eliminating fear due to economic uncertainty
- Minimizing your exposure to the US dollar
- Investing in a highly sought-after commodity
- Investing in a commodity that consistently gains value
Take the economic plunge and open a self-directed gold IRA right now. Learn about the top 10 gold companies dominating the industry by reading my full review.
