The past year has included unsettling economic terms like inflation, cryptocurrency crashes, USD volatility, stocks declining, and housing slumps, which may make you feel anxious about your finances. However, history has shown that we have recovered from every economic downturn eventually.
Although you may not be concerned about slight economic instability, it is essential to have a well-diversified portfolio of assets to provide stability. By doing so, you have the potential to support numerous generations in the future. Think of your portfolio as your seatbelt.
How Gold Can Be a Hedge Against Uncertainty
When more paper money is printed, its value decreases, unlike gold which is a rare and finite resource, rarer than diamonds. This means that the demand for gold will only increase its value. Over the past 15 years, the price of gold has increased by more than 300% and it has performed better than the stock market for the last 25 years.
The good news is that you no longer have to physically venture through the Klondike to obtain this precious metal. Companies like Lear Capital now offer the convenience of obtaining it online.
What to Expect When Investing in Precious Metals
To avoid penalties when transferring retirement accounts, it is recommended that you be over 59 years old, especially if you are dealing with gold IRAs.
If’re looking for a reliable company to work with in the precious metals industry, Lear Capital is a good option. They have been in business for over 25 years, which is longer than most other gold companies, and have completed $3 billion in precious metals transactions with over 93,000 happy customers. You also have the reassurance of a 24-hour risk-free guarantee to review your purchase before making a commitment.
In addition to that, this gold firm offers guidance throughout the entire investment process, unlike most other firms. You can register for a free gold investment kit, and an expert from Lear Capital will assist you with any questions or concerns you may have. Please note that you will need to invest a minimum of $15,000.
Lear will continue to support you after your initial investment in gold because it is meant to be a long-term investment. In contrast, other companies may not provide ongoing support once they have received your investment.