Thrift Savings Plan vs Gold IRA

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IRAs based on fiat currency can be unstable and unpredictable. In our opinion, those kinds of investments can’t safeguard your money, secure your future, or support a stress-free retirement! Since the Federal Reserve was begun a century ago, the value of the U.S. dollar has dropped about 97%. We believe the ravages of inflation led to undependable interest rates. The national debt continues to escalate, and the government continues to print money, potentially causing further economic woes. IRAs based on unstable currency may not provide the security and peace of mind you need. Retirement savers discovered this during the 2007-2008 financial crisis, when they lost about $2 trillion in the stock market

A typical gold IRA will only allow you to buy “gold certificates”. These are pieces of paper that represent gold. Unfortunately, most gold certificates are “unallocated.” This means you cannot easily convert your certificates into physical gold. All you can do is trade your paper gold certificates like a stock. What’s more, many gold certificates are “hedged.” The total face value of all traded certificates often exceeds the actual gold reserve by 100 to 1. During a run, the value of your investment is uncertain. After all, the whole point of owning gold is to get out of paper and into something that has real value! A typical gold IRA will not help you achieve this goal.

However, if you invested $35,200 in a Gold IRA (physical precious metal) in 2004, you would have seen it grow to $175,155.64 after 10 years. That is a gain of around 397%, which is approximately 44% per annum, which was more than the (G), (F), (C), (S) and (I) TSP Investment Funds combined. If you would like to learn more, click the button below to get your free guide, no obligation, just information.