Self-Directed gold IRAs are fantastic because they let you invest in precious metals and not have to work with middlemen. These accounts are so simple that even your grandmother could set it up!
If you purchase physical gold, silver palladium, platinum, rhodium coins, bars, rounds and bullion you'll have immediate liquidity. But if you want diversify your portfolio by investing in other assets that aren't physical, then you may want to invest in a self-directed IRA.
I've prepared a thorough list of all the advantages of self-directing your IRA. It includes everything from tax benefits to the simple process to open an account. Check it out below and find out why you should think about opening a self-directed IRA now!
In conclusion, I'm sure you've got questions regarding self-directed IRAs. In the end, they're relatively newand a lot of investors don't even know about their existence. But if you're keen to manage your retirement savings, now is the perfect time to explore the possibilities. Self-directed IRAs allow you to make investments in the way you'd like, with no approval from anyone else. Since you can decide where your money goes you'll save thousands of dollars each year.
By: Gold & Silver Central
Title: What Is a Gold IRA? (Explained!)
Sourced From: www.youtube.com/watch?v=1AMrqkMaKaA