The ins and outs of IRA, gold, and student loans: A discussion with Lynette Zang and Eric Griffin

by | Jan 12, 2024 | Gold IRA | 42 comments

The ins and outs of IRA, gold, and student loans: A discussion with Lynette Zang and Eric Griffin




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Question 1: 1:41
I know you advocate holding the physical gold myself. Am I better off paying the taxes now and putting the cash to physical gold I control? How safe is keeping it in an IRA?

Question 2: 3:57
I am wondering what will happen to my student loan debt through hyperinflation/ reset?

Question 3: 8:14
Given that most central banks have accumulated so much gold over the past decade, can’t governments just reevaluate the price of gold and pay off their debts? Wouldn’t that be like the trillion-dollar coin theory?

Question 4: 7:12
I get tons of phone calls about refinancing my home. Do you think banks & mortgage companies are trying to get people to refinance their homes so that the banks will be protected when the Libor is shifted to SOFR?

Question 5 8:50
What do you think about prepaying a few years of property tax now with cash?

Question 6: 11:00
Instead of confiscation of Gold wouldn’t it be easier if the government just taxed capital gains at a high rate.

Question 7: 14:58
Can you recap the events (or signals) to look out for that indicate the reset is in progress? What stage are they in the process?

Question 8. 17:44
Can you please explain what you mean by no counter party risk?

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#gold #reset #ira…(read more)


LEARN MORE ABOUT: Precious Metals IRAs

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

REVEALED: Best Investment During Inflation

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IRA, GOLD & STUDENT LOANS: Q&A with LYNETTE ZANG & ERIC GRIFFIN

In a recent interview, financial experts Lynette Zang and Eric Griffin discussed the topics of Individual Retirement Accounts (IRAs), gold investments, and student loans. Both Zang and Griffin have extensive experience in the financial industry and provided valuable insights on these important financial topics. Let’s delve into their Q&A session to learn more about these key areas of personal finance.

Q: What are some important considerations for individuals when it comes to managing their Individual Retirement Accounts (IRAs)?

Lynette Zang (LZ): It’s crucial for individuals to understand the role of IRAs in their overall retirement planning. They should carefully consider the type of IRA that best suits their needs, whether it’s a traditional IRA or a Roth IRA. Additionally, it’s important to regularly review and adjust the investments within the IRA to ensure they align with the individual’s financial goals and risk tolerance.

Eric Griffin (EG): I couldn’t agree more. Diversification is key when it comes to managing IRAs. Rather than putting all your eggs in one basket, consider a mix of stocks, bonds, and other assets to spread out the risk. Regularly monitoring the performance of your investments and making adjustments as needed is also essential for IRA management.

Q: What are the benefits of including gold investments in an IRA?

LZ: Gold has historically been a hedge against market volatility and inflation. Including gold in an IRA can help diversify and protect one’s retirement savings from economic uncertainties. Gold has maintained its value over time and can provide stability and security in a well-rounded investment portfolio.

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EG: Gold is a tangible asset that has stood the test of time as a store of value. By adding gold to an IRA, individuals can potentially safeguard their retirement savings from the fluctuations of traditional financial markets. It’s important to work with a reputable custodian who specializes in precious metals to facilitate the inclusion of gold in an IRA.

Q: What are some smart strategies for managing and paying off student loans?

LZ: For individuals with student loan debt, it’s essential to have a clear repayment plan in place. This may include exploring options for refinancing or consolidating loans to potentially secure a lower interest rate. Making consistent and timely payments is important, as it can help build a positive credit history.

EG: It’s also worth considering the various loan forgiveness programs that are available, particularly for those in public service or certain career fields. Additionally, individuals can explore opportunities to increase their income through side hustles or part-time work to accelerate their loan repayment.

In conclusion, managing IRAs, including gold in investment portfolios, and effectively addressing student loan obligations are key components of sound financial planning. The insights shared by Lynette Zang and Eric Griffin underscore the importance of informed decision-making and proactive strategies in these areas of personal finance. By staying informed and seeking professional guidance when necessary, individuals can work towards achieving their long-term financial goals and securing their financial future.

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42 Comments

  1. @itmtrading

    Get properly positioned for hyperinflation & the Global Reset. Do not wait until it’s too late, we are here to help! If you would like to discuss your strategy to make certain your wealth and assets are protected, schedule a time that works for you here: https://calendly.com/itmtrading/youtube

  2. @heidigib01

    Would you pay off credit card debt before buying gold?

  3. @jimjames6112

    Too all my favorite pundits. With variable numbers depending on the source, we have high estimate for the HBSC / DB derivative debacle of $1000 Trillion. Another debatable number is that the worlds hard assets total actually looks to be less than that $1000T. So, did somebody buy up the entirety of the global hard assets? Is this a dumb question? Likely I do not understand something key here.

  4. @chriseustace9734

    Well with China holding some 80,000 tonnes of gold, if The Administration and or Banks chooses to revalue gold, then Whoopee for President Xi ?

  5. @josef56

    Let’s go Brandon!

  6. @sandikennelly1357

    I was wondering when the coffee issue was going to be addressed…lol.

  7. @pdmorrill1383

    Lynette On Caffeine OMG I never attend live as it's too slow & time consuming. I always play the recorded version at 2X Speed, and Lynette on caffeine would be thru the roof @ 2X 😉

  8. @steveedinger9451

    I listen to a minor he says silver is coming out of the ground 7 to 1 oz of gold

  9. @joshtodd5853

    Can you do a video of your opinion on crypto?

  10. @allenjensen525

    How will hyperinflation affect reverse mortgages

  11. @zeeguitar918

    How to ask Lynette questions ?

  12. @SwampDonkeyHomestead

    I keep missing your lives. Do you allow people to call in?

  13. @robvandrish2032

    please explain or define libor and sofr

  14. @tiogacaltelcom

    Husband put all our money into variable innuities. I’m screwed. I think

  15. @barrycraig4773

    Are there any smaller denominations in gold that you sell for us poor people???

  16. @susanangelo7737

    Silver Bullion TV's Greg Gregersen interview says jurisdiction laws of US insures your vaulted gold is not safe from govt confiscation.

  17. @grant2531

    Thank you

  18. @susanstage9279

    People are paying attention, they just don’t understand because of induced propaganda by the banks and government.

  19. @barbaradimascio4623

    There would be a tax advantage to prepay property taxes!

  20. @saeculum2738

    Thanks Eric & Lynette for sharing your expertise.

  21. @alfonsoalfonso5254

    Why don’t the public servant lower their salaries and benefits to show some leadership. Leadership is a strange concept to government employees!

  22. @walterriley3153

    When my first Credit card got maxed out, I applied and got a second card and paid it off. Now I can now use first Credit card to pay off the newer Credit card.

  23. @rnp1785

    The government is nothing but crooks. Always stealing money from the working people they keep raising income tax because they are always over spending and can’t even balance a check book so they make whatever laws to benefit themselves. Robbing Peter to pay Paul.

  24. @agoogleuser6902

    I wish there wasn't so much talking over each other, even if its brief.

    I was reminded why I always scroll past these videos in my feed but rarely watch.

  25. @geoffkuth7610

    Here is a simple explanation of counter party risk:

    When you make a legal contract with someone else, you are the party, they are the counter party.

    With any contract, there is always risk that the counter party won't live up to their end of the contract. Sometimes it's their fault, sometimes it's beyond their reasonable control. But there is always risk because you are relying on someone else.

    When you own something outright and have it in your possession, you're not relying on anyone else except for yourself. So there is still risk in the sense that you could do something unwise, or be a victim of a crime. But it is always a risk that you have more control over because instead of two possible points of failure, you only have one (yourself).

  26. @davidbradley9204

    Taxes and capital gains. More proof that the Government doesn't give a damn about its citizens! Taxation without representation!

  27. @lylerasmussen7021

    If you have your gold in a vault :isn't the vault people (guards & vault owners) counterparties??

  28. @drdeannab

    Why does silver have counter party risk

  29. @yourshootingbuddy

    Counterparty risk is everywhere. When I buy gold or silver from an online dealer I run the risk of the dealer being unable or unwilling to ship. If they ship you have to run the risk that numerous persons and systems at UPS or USPS perform as expected. Only when the metal is in my hands is the Counterparty risk over and replaced with the inherent risk of keeping your wealth on hand.

  30. @comment2250

    The benefit of paying off your mortgage early is that you free up the money that was going towards it, you can now redirect those funds into something else.

  31. @timmcnamara7098

    Thanks again for sharing your thoughts.

  32. @robertbass974

    For the people who think gold is crashing,you must own it for the wrong reason.

  33. @NicholasKon9

    the truth are always the truth. "you don't hold it, you never own it". is a confirm statement.

  34. @doughall7435

    The main problem with politics, IMO, is we vote for individuals that can change their mind when it benefits them, versus, eliminating politicians, and the public voting on policies.

  35. @hipharp1silver621

    Prepay property taxes Ludacris. Like leaving assets in a bank at .005 interest. My money must make me money or intrinsic value for long gain terms.

  36. @mariadasilva590

    The more I explain to people what is happening the more they think I'm Nuts LOL, Thank you for sharing your knowledge

  37. @CVenza

    NO!NO!NO! DONT PAY PRPERTY TAXES IN ADVANCE! They will keep it and do not refund ever. Because their system is not developed to pay out it will keep the payment and not even apply it towards next year. It is nonrefundable.
    A non-refundable tax credit is a tax credit that can only reduce a taxpayer's liability to zero.  Any amount that remains from a credit is automatically forfeited by the taxpayer.
    A nonrefundable credit can also be referred to as a wastable tax credit, which may be contrasted with refundable tax credits.

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