Month: August 2022

7 Steps for Gold IRA Rollover

7 Steps for Gold IRA Rollover

Posted by | Aug 8, 2022 | , |

The IRA is a tax-deferred savings account that allows individuals to save for retirement. The account grows tax-free, and withdrawals are taxed at the individual’s current income tax rate. There are two types of IRA’s: the traditional IRA and the Roth IRA. The traditional IRA is funded with pre-tax dollars, while the Roth IRA is funded with after-tax dollars. Legislation enacted in 2001 and 2004 increased the contribution limit for both types of IRA’s. For 2020, the contribution limit is $6,000 for those under the age of 50, and $7,000 for those 50 and over.

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Why you should invest in Gold

Why you should invest in Gold

Posted by | Aug 6, 2022 | , |

Often times you will see comparisons of stocks to Gold over very short periods of time to prove that one asset is better than the other. That type of analysis is cherry picking at its finest. It is pure nonsense. For any analysis between two assets to be useful and meaningful you have to have a lengthy and meaningful time frame as a basis of comparison. I think you would agree that using a 50+ year analysis of Gold provides a very practical framework for determining comparative value.

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