Make sure it's a certified Gold IRA however so you don't get taken advantage of conmen. There are strict rules surrounding Gold IRAs and typically your gold and silver are stored at a depository.
A couple years back, I moved about 20% of my total retirement savings into a Gold IRA. Now I'm thinking I probably should have done it at a higher percentage. But my index funds have been doing well also.
“certified Gold IRA however so you don’t get taken advantage of conmen. There are strict rules surrounding Gold IRAs and typically your gold and silver are stored at a depository.”
It you can’t touch it you don’t own it.
(Personally I don’t have any gold—but “safe” and “certified” depositories would give me zero comfort.)
bookmark (certified gold ira)
That is true, but I have reservations about not being physically in possession of the gold.