When it comes to retirement accounts like an IRA, long-term, steady growth is the name of the game. To get there, you invest in different kinds of assets, each of which plays its own role in your portfolio. Choose the right mix, and your IRA investments can give you the right balance of yield, stability, and safety to meet your goals.
Â
That’s nothing new. You know you should diversify your retirement savings to generate smoother, more predictable returns with fewer ups and downs. But shouldn’t it be easier to go beyond stocks and bonds to invest in some of the world’s best diversifiers including gold and other precious metals? It is with Battle Bank.
Why Have Gold in Your IRA?
You may not have considered incorporating gold into your retirement savings strategy, but it can make a lot of sense for these three main reasons.
Hedging
Gold has historically held its value when other assets falter. This can be especially useful when the U.S. dollar slips against other currencies. It takes more dollars to buy an ounce of gold when the dollar is weak, so the price appreciates just when other assets prices are falling.
The same goes for inflation. The price of gold typically appreciates when other prices rise. And remember, gold is bought and sold all over the world. Gold’s price isn’t tied to the value of a single currency or a single economy, so it can hedge your exposure to your home economy in the U.S.
Diversification
Gold is considered non-correlated to other asset classes. That means gold prices don’t move in sync with the equity markets, interest rates, bonds, or any of the other factors that typically influence the investment market. As a result, adding gold to a well-diversified investment portfolio can help to mitigate the overall risk profile.
Long-Term Growth
When wars break out, banks fail, or inflation spirals out of control, gold often serves as a safe haven. That means it can be a safe place to park cash to protect it when markets turn risky.
But gold is more than that. It can also be a driver of growth.
Consider that, in the last ten years, gold prices have nearly doubled from $1,050 in early 2014 to $2,072 today. One factor that supports gold prices is that there is only so much of the precious commodity in the world but demand for it continues to grow.
The Case for Physical Gold
There are lots of ways to invest in gold, including gold ETFs, mining stocks, futures, and options on gold prices. But for many people, nothing beats actual, physical gold, whether in bars or coins. You can admire its warm, reflective beauty. You can feel its weight in your hand. It seems solid in a way that most investments don’t.
Yet physical gold has other advantages, too. You own it. You can sell it at any time. You don’t have to worry about a counterparty going bankrupt and wiping out your investments.
You also don’t have to be as concerned about government economic policies. Gold typically holds its value independent of the financial system, the value of your local currency, and other economic uncertainties. It can be a hedge against a variety of factors that can make other investments lose value.
How to Get Gold in Your IRA
Most financial firms needlessly limit your choices when it comes to retirement investments. They make it hard to truly diversify. They make it especially difficult to invest in precious metals. Not Battle Bank.
With our traditional and Roth IRAs, you have more flexibility of choice when it comes to your assets. We give our clients the option to invest in precious metals like gold, silver, platinum, and palladium as well as foreign currencies.
Most gold IRAs are high-cost vehicles with extravagant fees for gold storage and administration. They often make it difficult to withdraw your money in a timely manner, too. With Battle Bank, you can invest your IRA in gold with the same flexibility and ease as one of our standard precious metals accounts.
Gold for Your Golden Years
Gold has long been a source of steady, non-correlated returns and long-term growth: the exact characteristics you want from your IRA investments. Still, even though gold can work well as part of a retirement strategy, many financial firms make it difficult and expensive to access this asset class in an IRA.
Battle Bank is different. Our IRA options give you the flexibility to invest in alternative assets like gold and other precious metals alongside foreign currencies in your retirement accounts. As retirement solutions go, it’s pure gold.
