I’m an idiot!
When I graduated from college many years ago. I had the chance to purchase gold coins. Back then I had just completed four years of schooling and became an officer in the US Army Reserve. Upon leaving my initial officer training, I received a stipend of $1600 dollars. That amount would have been enough to start a gold IRA.
An IRA gold account would have started a nest egg that would have grown considerably over the years. Given the current economic crisis and the stock market crash, A gold 401k would have given me a 300% percent return on my investment. Those investors who had a 401k gold account stood to benefit because gold is the one property that doesn’t lose value. In times of crisis, gold is your best bet.
A gold IRA transfer is relatively easy to do. Gold investment companies can set up an account fairly simple. As of this posting, Gold prices were up 2.68 at 1428.88. I bring this information to you now with one lesson. If you have a choice between purchasing Gold coins and a 1977 Ford Mustang, take the Gold coins. They’ll last longer!