Money Metals Exchange
- Very few U.S. investors own even an ounce of gold or silver bullion, so it should come as no surprise that almost none of them know of the various options to hold bullion in an IRA account. The lack of awareness is generally compounded by financial professionals - the very people whose job it is to educate investors.
Most investment advisers tout "diversification" as the ultimate investment strategy, then turn around and limit their clients to IRAs with the traditional menu of nothing but paper investment options - stocks, bonds, and mutual funds. Brokers are not anxious to promote true diversification
away from these paper assets, as they would lose out on management and/or transaction fees.
Alert investors, who are concerned about a portfolio limited to paper assets, have a much better option. This option is known as the self-directed IRA. By giving yourself full authority over your portfolio, you can then invest directly in tangible assets instead of the usual lineup of Wall Street securities. You can own real estate, privately held companies, and physical precious metals, to name a few. Read the Entire Article