Very Precious
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How Investing in Precious Metals Will Help Baby Boomers
How Investing in Precious Metals Will Help Baby Boomers
Retire Comfortably Without Fear
By David Morgan
October 24, 2008
How Investing in Precious Metals Will Help Baby Boomers Retire Comfortably Without Fear
Baby boomers, with every year that you get older, do you become more and more afraid of retiring?
I don’t blame you at all.
The worldwide economic slowdown epidemic that is forcing homeowners into foreclosure, halting consumer spending, driving up credit card bills and crashing stock exchanges on a global basis are seriously hurting many baby boomers’ plans for retirement.
Many boomers have become very fearful of their future because they were relying on their 401Ks and IRAs for a comfortable retirement. Now, they’re watching their profits freefalling downward. Many boomer investors are now seeing lots of red in their portfolios – so how can they retire?
In other words, if baby boomers aren't adding to their wealth and if their asset values are falling, their chances of a comfortable retirement are quickly diminishing.
So, what can you do?
Simply change the way you fund your retirement. Start diversifying wisely!
Two Alarming Reports That Should Convince All Baby Boomers to Change the Way They Invest in Their Retirement Plans
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A recent S&P report, which calls Americans "dangerously unprepared for retirement," notes that the poor performance of asset markets in recent years is hitting the piggy banks of even those most primed for retirement. The S&P 500 Index, for example, is on track to have its worst decade performance since the Great Depression!
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In an AARP survey, fifty percent of the respondents said the value of their 401(k) accounts and other investments had dropped over the past 12 months. One-quarter of retirees said their golden-years income had fallen in tandem with interest rates.
· How You Should Invest in Your IRAs and 401Ks If You Want to Avoid Retiring Poor
You should fund your Individual Retirement Accounts (IRAs) and 401Ks with physical gold and silver. Yet very few investors are aware of this fact.
Here’s why you should diversify your retirement portfolio with precious metals:
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Precious metals are exempt from all capital gains taxes, so if your investments perform well over a long period of time, it can result in huge savings.
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Precious metals normally rise during periods of unsettling events such as wars, terrorism, inflation, deflation, downturns in the stock market and the US dollar.
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Precious metals usually yield large profits in no matter the circumstances.
What Makes Investing in Gold and Silver Unique
When you invest in gold and silver you can take physical possession of the actual gold or silver when you make your withdrawals. That’s correct! You can cash out in real honest-to-goodness gold and silver instead of fiat dollars. This is the most important feature of all. Down the road, in this generational bull market in gold and silver, the odds are in your favor that you will want and need the physicals when it’s time to access your investment.
How to Get Started in Investing in Gold and Silver in Your IRAs and 401Ks
Once you decide that you want to include precious metals in your retirement planning, you need to determine how much you want to invest.
How much you invest depends on:
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Your annual contribution
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Your personal goals
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Your individual investment philosophy
Three other factors to consider are:
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Your age
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Total assets
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Risk tolerance
Very few institutions are set up to handle the precious metals component of retirement plans. One of the leaders in the field that I personally recommend using is GoldStar Trust Company. They serve as custodian for approximately 20,000 self-directed IRAs with assets in excess of $700 million. One thing to note is that GoldStar is not a coin dealer, but it will work with dealers who buy and sell precious metal coins and bullion for your IRA on your instructions.
Setting up a self-directed IRA with a company like GoldStar is easy. And, there are only three steps to follow:
1. Submit the paperwork.
2. Fund the account.
3. Direct your broker which precious metals to buy.
So, start investing in gold. Start investing in silver. And start investing in other precious metals unless you want to continue having to drink a bottle of Maalox every night because you’re so afraid of the future. Follow my advice in this article, in my book “Get the Skinny on Silver Investing” and on my website, http://www.silver-investor.com and you will retire comfortably without fear.
It is an honor to be,
David Morgan
About the Author
http://www.silver-investor.com
Precious Stones - Fascinating Gem Stones
A Precious Stone is a piece of rare mineral sometimes soft, which when cut and polished is used to make exclusive jewelry and other adornments. Known for their luster and healing powers worldwide; they have also been used since long for making precious jewelry. Most of the stones used worldwide are hand cut and so the exclusivity associated with them makes them very unique and expensive.
The stones are mostly handcrafted by our expert artisans with utmost care to preserve their natural form. These precious stones are available in faceted and cabochons types and in different shapes and sizes. We offer these precious stones in loose cut stones, stone strands, sorties, chips, rondelles, carved, necklace forms and in many more varieties.Precious stones are also classified into different groups, species, and varieties like Ruby, Emerald & Sapphire.
Ruby:
This beautiful medium pink to blood red stone is the birthstone for July. The ruby is formed from the mineral corundum, also known as aluminum oxide, when it combines with chromium. Rubies are most highly prized for their size as well as their color, with the deep dark red varieties, being the most highly valued.
Emerald:
The emerald has always been popular for its dramatic green appearance when paired with gold. The emerald is produced when the mineral beryl is combined with chromium or vanadium in the earth. The inner light and reflective ability of the emerald, known as its fire, adds the warm appearance to the gem. Clarity and color are used in pricing emeralds with the deeper green to greenish blue colors with lots of clarity and fire the most highly valued.
Sapphire:
The final true precious stone is the beautiful blue sapphire. Sapphire is actually made from the same minerals as rubies, just with different ratios that produce the blue color. Sapphire is very hard and is used in many types of applications other than jewelry. Believe it or not there are many different colors of sapphires, although anything but the blue color is of less value, unless you happen to have a rare salmon or deep pink colored sapphire. There are purple, clear, yellow, green and even orange and brown sapphires that may be used in jewelry, although they are typically not common.
East International - Precious stones exporter like ruby, emerald and sapphire since a very long time.
Separating precious stones into these types of groups helps to identify their composition, their color, and their origin. Precious stones also have a refractive index, dispersion, specific gravity, hardness, cleavage, fracture, and luster. Each of these features is important when assessing the value of the stone.
Considering its natural factor, and high price associated with the stone, we have exclusively crafted 10 bead stone strands along with necklaces and many other products for easy affordability of our customers.
About the Author
East International is a leading Indian manufacturer & wholesale exporter of jewelry making supplies; offering precious and semi precious stones, gemstone beads and sterling silver findings & components.

US $49.99









