A Guide To Investing In IRA Approved Gold & Coins
When it comes to IRA investments, all that glitters is gold. While traditional IRA investments are all about bonds and stocks, they’re not very stable in times of economic crisis like inflation, crashing stock markets, or political unrest. Unlike gold and precious metals, they are a safe investment bet for decades to come. But, before you move forward on a gold buying spree, here’s a guide on investing in IRA-approved gold investments. How Do You Add Gold And Coin To Your IRA Account? The first step to getting Ira-Approved Gold is to open any self-directed IRA, specifically, a gold IRA. A Gold IRA, often known as a precious metal IRA comes with the same investment limitations and payout requirements as a traditional IRA. The difference is that these IRAs store actual bullion, such as IRA-approved gold, silver, platinum, coins, or bars, rather than paper assets like equities and bonds. Gold IRAs also encompass gold equities (stock of gold extractive companies), gold mutual funds t...