Clay Malcolm, Director of Business Development, New Direction IRA, Interviewer: David Lisot.
Gold may now be held in individual retirement accounts. Clay Malcolm discusses how investors may add precious metals to their IRA and what is specifically required to be able to do so.
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LEARN MORE ABOUT: Precious Metals IRAs
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REVEALED: Best Investment During Inflation
Gold has long been a popular asset for investors looking to diversify their retirement portfolios and protect their savings from market volatility. In recent years, gold has become even more popular as an investment option due to its perceived stability in times of economic uncertainty.
New Direction IRA, a leading self-directed IRA provider, recently discussed the benefits of owning gold in retirement accounts. In a video titled “New Direction IRA Talks About Owning Gold in Retirement Accounts,” the company’s president and CEO, Jim Hitt, discussed the advantages of investing in gold.
Hitt explained that gold is a tangible asset that can provide protection against inflation and market volatility, and can be used as a hedge against currency fluctuations. He also noted that gold is a safe-haven asset that is not affected by government policies or economic cycles, making it a great choice for long-term investors.
Hitt also discussed the various ways that investors can buy gold for their retirement accounts, including buying gold coins or bars, investing in gold-backed ETFs, or purchasing gold futures contracts. He noted that investors should do their research and choose an investment option that best suits their needs and risk tolerance.
Overall, Hitt’s video provides valuable insight into the benefits of investing in gold for retirement accounts. Gold is a great asset for diversifying your portfolio and protecting your savings from market volatility. With its stability and long-term potential, gold is an attractive option for investors looking to build a secure retirement portfolio.
First State Depository Co. has worked with New Direction IRA Services for many years and our customer's rate them number one in the services they provide.
Great video – Thanks for the information!