These are difficult times for investors. Inflation is like a runaway freight train and COVID-19’s aftereffects are still creating supply chain problems. In response to these trends, the Federal Reserve is hiking interest rates with a frequency that hasn’t been seen in decades. If all of this is killing the value of your IRA, maybe it’s time to diversify some of it into precious metals through a Gold IRA from Red Rock Secured.
Why A Gold IRA?
When times get tough in the stock market, gold can be a great place to diversify your holdings. That’s because it offers serious advantages to investors. First, gold’s performance is not tied to the stock market. In fact, it’s usually just the opposite. Over the last 100 years, gold has shown remarkable resistance to fluctuations and corrections in the stock market.
Second, gold is negotiable in every country in the world. You may or may not be able to liquidate stock, but you can always turn gold into cash. Third, gold is a wonderful hedge against inflation, mainly because, unlike stocks or paper money, it can’t just be printed by central banks or issued by companies. At a certain point, all the world’s gold will have been mined, which will only increase the value of the gold in circulation.
Gold’s multiple-use applications — in jewelry and industrial applications such as microchips — mean it has value in several different industries. When inflation hits, the value of gold you bought years ago is probably going to increase while the value of your paper currency is dropping. These factors add up to making gold a great potential alternative investment for your IRA. That’s why you should consider Red Rock Secured’s Gold IRA.
Who Is Red Rock Secured?
Red Rock Secured is an investment service with a simple goal — to make it easy for investors to buy precious metals safely and securely. It offers IRAs backed by gold and silver that you can roll some or all of your existing IRA over into securely and easily. It is customer focused and offers its clients a number of significant perks, which include a seven-day price guarantee — if the price of gold falls within seven days of your original purchase, Red Rock will make up the difference by depositing an equivalent amount of gold in your account to make up for the loss.
- Free rollovers: There are no fees associated with rolling funds in your Traditional or Roth IRA over to a Red Rock Secured IRA.
- Spot price value: Red Rock doesn’t pad the price of its precious metals. When you buy gold from them, you’ll pay the spot price, which is the exact price of gold per ounce on the day you purchase.
- Free delivery & insurance: Red Rock Secured has a network of trusted and secured storage depositories all over the country, and when you make a purchase, they will ship the gold you buy to your selected location, which means you can check in on your gold whenever you want to.
If this all sounds like an appealing package, Red Rock Secured might be precisely what you’re looking for. It has customer service reps on standby who can help you with your rollover, and, once it’s done, you have the peace of mind that comes with knowing exactly where your gold is. Gold is an investment that carries risk, regardless of its past performance.
