People who have money are looking harder for ways to keep it. The investments of the last decade in many stocks and traditional financial vehicles have not proven to be reliable or profitable.
My neighbors, Walt and Regina, were telling me about their gold IRA and how it has made them feel more secure and comfortable with their investments.
Walter started out investing in rare coins and gold, then his dealer explained to him how to put gold in an IRA.
My own 401K from work took a really bad hit this past year, so the idea of a gold 401k is intriguing. Walter says that the number 1 alternative investment is now gold and I believe him.
He explained that 401k gold has an impressive track record. For example, if I had bought $25,000 worth of gold bullion coins 30 years ago, that investment would now be worth over $500,000. That’s not a bad return on your money. However, investing the same $25,000 in limited mintage investor gold coins, it would be worth over $1.3 million!
If any of my friends would like to learn more about IRA gold, you can go to the web site that Walter told me about and I linked here, where they have a free guide that you can download. I learned a lot today.