Investing in Silver in 2014 Might Be the Greatest Opportunity Ever Due to Quantitative Easing
Online, December 25, 2013 (Newswire.com) - Silver Individual Retirement Account or Silver IRA is considered a great choice for people who want to make the most out of their investment money. As 2013 comes to a close, silver investors could only sigh in disbelief as the precious metal suffered from a price plunge throughout the year.
Investing in silver in 2014, however, promises to a different story. A silver backed IRA, which helps provide diversification to an individual's retirement portfolio, will be delighting investors as it is deemed to rise to "record highs". The recent long-term bullish outlook given by several precious metal analysts is believed to be a great opportunity for many investors to take advantage of this huge pullback.
PersonalIncome.org, a blog focusing on retirement planning and strategies, highlights how this form of investment is a cut above traditional investment options, such as stocks, bonds, and mutual funds. By converting a portion of your retirement savings to precious metals, a silver IRA protects hard-earned money during the times of a crisis and provides portfolio diversification for your retirement savings.
"Compared to other higher-priced precious metals, silver is more accessible to individual investors, which can lead to easier management," PersonalIncome.org adds. IRS-approved silver IRA Investment Options include the American Silver Eagle, the Proof Silver American Eagle, the Canadian Silver Maple Leafs, Austrian Silver Philharmonic Coins and the Pamp Suisse Bars.
Many policies are being cooked up by the government, such as Quantitative Easing, in which the U.S. Federal Reserve pledges to purchase government and/or non-government securities purportedly to boost the economy. It is, however, seen as a tool to "bail out banks for lending money out on toxic mortgages and propping up an ailing stock market." Silver IRA investors are protected from this fallout, as this option is virtually insusceptible to hyperinflation, currency fluctuation, and economic recessions.
PersonalIncome.org was created to provide people with resources and information to help them build a solid financial foundation when they are educating themselves about their future retirement. The site goes in-depth about precious metals, IRA's, 401k, annuities, asset protection, estate planning, and many more retirement focused topics.
With 2014 promising a great year for investing in silver, PersonalIncome.org urges individuals to have a safe and secure retirement by rolling over their current 401k, IRA, or 403B to a self-directed IRA that can hold precious metals.
To learn more about investing in silver and understand how it works, please visit http://www.personalincome.org for information.
Share:
Tags: Investments, IRA, retirement, silver