Gold Investment Explained
If you are new to the world of Gold Investment you will you will hear terms and phrases thrown around that you may not completely understand, but its ok and there is absolutely nothing wrong with that because we all have to start somewhere and with anything venture new there is a learning curve.
Learning what these terms and phrases really mean will help give you a greater understanding when it comes to investing your retirement into a gold ira.
If there is anything you would like to know that i havent covered here feel free to contact me with any question you may have.
Rollover – Refers to the actual process of moving (rolling over) your retirement funds into a Self Directed IRA for the precious metals (gold, silver, platinum or palladium)
Self Directed IRA – A Self Directed IRA is simple; it is a retirement account in which the owner has full control of all decisions regarding the investment.
You also have more control over what can be invested into a Self Directed IRA such as precious metals like gold and silver.
With a Self Directed IRA you can also put in other forms of investment such as Real Estate Investments, Stocks and Private Equity Investments.
Gold IRA – An individual retirement account for holding physical gold, you can also have a Silver IRA, Palladium IRA & Platinum IRA.
The benefits of a Gold IRA are the Tax break benefit that the government allows and one of the big reasons why the Gold IRA has become a popular choice for investment.