It is often said that imitation can be a great form if flattery. However, it can also be a great way of learning from and modeling the success of others. A billionaire can be a role model for financial success if that’s what you’re looking. On gold ira guide pdf you can learn more.
What Billionaires Understand
Even though they may not share the same worldviews, billionaires John Paulson (George Soros), Carlos Slim (Carlos Slim) and John Paulson (John Paulson) all confess to holding some gold. Warren Buffet admits gold has been an excellent investment, even though he prefers what he calls productive investments.
Do you remember the dark, stormy days of 2008 when retirement accounts suffered a $2 trillion loss due to the stock market near crash? You can bet your money could have grown in value as well as lost.
That’s right, gold.
You would have experienced a 700% increase in your investment if gold had been purchased in 2001. Let’s rephrase that: 700%. This decade was also one that saw the greatest economic growth in human history. Gold thrived as the stock market plummeted. Why? Why?
Could it happen again? Today is the height of the greatest stock market bubble in human history. Experts believe it will only take a few more years before this bubble bursts. Do not allow your retirement funds to fall because of another collapse. Now is the best time to start changing your investment process.
Why Billionaires Have Gold
Gold is nature’s best asset. Gold has been civilization’s store of wealth for thousands of decades. It is a finite resource that has high intrinsic value and is tangible. It is used all around the globe as an alternative currency to money. It was mentioned in the Bible 417x. It is not subjected to the devaluations and dilutions that can be experienced with other paper investments like bonds, stocks, and mutual funds. It isn’t at the mercy either of governments or financial institutions. It cannot be printed like currency, and unlike stocks it won’t ever be combined or split. It has historically been opposed to the direction that the stock market is heading. Billionaires realize that gold is a good way to lower volatility and vulnerability in their portfolios.
There is no better place than Gold to protect and preserve wealth.
When Should You Buy Gold?
Many market oracles believe gold is in the last stages of a bear stock market. Experts claim that gold’s current prices are still too low, with as high as 50%. This may be the incredible rise gold experts predict over the years.
Even if gold doesn’t experience an extraordinary rise in price, it is still an essential tool to diversify your portfolio and to preserve its value.
You may now be the best time of year to buy gold.