Turn Your 401k Into Gold And Enjoy Better Financial Stability

12 Oct 2015 in Finance

When it comes to your 401k, knowing how to invest is the key to making money. But, the average investor doesn’t have the knowledge it takes to invest in a way that maximizes the potential for making the most money for their retirement. And, even if they do, they still aren’t protected from the volatility of the financial markets. However, there is one way to ensure that you are buying investments that will both increase in value as well as protect you from the losses associated with economic downturns: gold.

Based on the recent economic downturns and sluggish recovery, everyone has begun to take notice of the real insecurity of their retirement account investments. This makes converting your 401k to gold one of the best ways to invest your hard earned money. Precisely speaking, conversion of your 401K to gold, and/or other precious metals, can be just the thing in uncertain times. After all, gold has been the overwhelming standard that wealth is measured against for centuries. If you own it, you’re guaranteed potable wealth that doesn’t disappear at the whims of the stock market.

You might wonder how to accomplish a gold 401K rollover, and you’d be surprised at how easy and seamless it can be. It is even tax free these days – another blessing – and generally no cost to you. All you need do is open an account with a reputable gold investment company who will assign you a qualified investment counselor, put them in touch with the company that manages your 401K, choose which precious metals you want for the conversion (a mix is usually a good thing), and sit back to let the professionals do the rest. Your gold 401K can be working hard for you in a matter of days.

This is the one way you can break into the gold market without direct expense for you to do so. Everything to do with rolling over your 401K is done with no out of pocket expense – it really couldn’t be easier. Once you have converted some or all of your 401K, you have a hedge against severe economic downturns and hits to the stock market. That stock market is at an all-time high right now, but as you well know that is destined to reverse itself at some point. It’s not a question of when it will take a hit, it’s just a question of when and how bad.

When you have gold in your investment portfolio, however, you can be assured that any such hit will not wipe you out. Precious metals, especially gold, retain their value much more reliably than stocks and paper money investments. So when the markets are doing well, you are doing great and when they aren’t you are not suffering as greatly as everyone else. In fact, once you’re into gold investments, you stand to do rather well when stock investments do poorly as more people turn to gold which increases the value of what you already hold. It is truly a win-win situation.

Don’t let more time go by before you do some serious investigating on converting some or all of your 401k into gold and other precious metals. The faster you make this rollover happen, the quicker your retirement account can relax.

Goldco Precious Metals is ready to show you how to turn your 401k into gold and protect yourself from market fluctuations.