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Saturday, December 10, 2022

Gold IRA: Is This New Type of Retirement Account a Good Post-Pandemic Investment? | Entrepreneur

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Gold IRAs function identically to regular IRAs but they hold a percentage of their value in physical gold bullion. As of last year, over 10% of American adults held some amount of gold as an asset class but that number is expected to grow as looming inflation and interest rate hikes threaten stock heavy retirement portfolios. Gold historically has a very low correlation with the stock market making it good ‘disaster insurance’. A gold IRA provides a unique risk management option to investors concerned about instability in the near or long term future.

Source: https://www.entrepreneur.com/article/399459

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