4 Top Gold IRA Businesses for 2022
Investors who desire to diversify their wealth while putting money away for retirement are catered to by gold IRAs. Gold IRAs let you store these precious metals in an individual retirement account. Precious metals like silver, gold, platinum, and palladium are thought of as hedges against inflation and stock market volatility. The accounts have the same tax advantages as IRAs invested in equities, bonds, mutual funds, and exchange-traded funds (ETFs).
By diversifying a portfolio, adding precious metals or other alternative assets may help lower risk. However, it’s crucial to remember that financial advisors typically advise allocating 5% or less of a portfolio to precious metals due to the fact that gold does not pay dividends and, even with a long-time horizon, gold investors do not have any assurance that they will profit from their investment.
Augusta Precious Metals
Investors may...