When most people talk about investments on the radio, television, or podcasts, they mostly talk about bonds and stocks. These are the two most well-known types of investments, but they are not the only two options to consider. See why an investment into gold coins should be under your consideration below.
More Stable
The value of gold has not fluctuated much since it was considered to have intrinsic value from around 700 B.C. Additionally, since the gold standard was ended in the United States in 1971, the price of gold has been more stable than other investments such as stocks and bonds. When other investments’ valuation start fluctuating and precipitously falling, investors will often flock to gold to provide stability and a hedge against that volatility.
Simplicity
Just about anyone can walk into a coin shop and buy any gold coin they wish to purchase. Due to the fact that some dealers sell fake coins, it is usually recommended to work with a reputable company when you wish to add gold coins to your portfolio.
Not only is it simple for people to invest in gold, it is also easy to turn that gold into cash. Unlike stocks and bonds, a person just has to walk into a bank to redeem any gold coins they have for their noted value. If you have gold coins in your self-directed IRA, you can just direct the company managing that IRA to turn those coins into money, then provide the dollar amount to you in the form of a wire transfer, a direct deposit into your preferred checking account, or a check.
Orion Metal Exchange is one of the leading companies to add gold coins for investment. Learn more about how to add gold coins to your portfolio at web.
