It’s no secret that putting all your assets in one basket, whether it be stocks, cash, bonds, real estate, or something else, is a risky way to invest. This is even more true when all those assets are closely tied to the value of the US Dollar. Adding precious metals to your retirement portfolio is an excellent way to protect yourself and your family from risks like price inflation, currency decline, or even collapse. While it may be a little far-fetched that the US Dollar will collapse in the near future, it is quite clear that inflation is definitely a risk we all face as investors.
Adding physical gold in a self-directed IRA is a pretty simple process once you find a good company. There are close to a dozen major companies that handle gold IRA rollovers, but it is best to research the track record of those companies before settling on any specific one.