A Gold RRSP (also known as a Precious Metals RRSP) can reduce the volatility of your overall retirement/investment portfolio. Historically, gold and other precious metals have moved counter to the direction of stocks, bonds, mutual funds and other assets tied to the dollar. Therefore, a small percentage of your portfolio dedicated to physical bullion coins and bars can help balance your portfolio and protect it when recession hits.
Regardless of your traditional investment preferences, a tangible asset like gold can help make the profitability and safety of your retirement portfolio far more attainable.
Including gold within an existing retirement account could improve investment performance by either increasing returns without increasing risk, or by reducing risk without adversely affecting returns.
If you had purchased $33,000 of gold in 2001, you could sell that gold today for around $129,551.12 Thats over 300% return on investment! Has your current retirement account performed as well as a Gold RRSP would have?
If you had purchased $33,000 of gold in 1971 when the United States abandon the Bretton Woods Exchange under president Richard Nixon and held on to it during the last recent economic crisis you could sell that gold today for $1,155,000.00!
From the traders of antiquity to today’s most savvy investors, accumulating gold stands the test of time. Gold is accumulated for a myriad of reasons, including to hedge volatile stock markets, to offset fluctuating commodities prices, and as a safe haven against falling home prices. To capitalize on consistent growth in value, gold has always proven the safest investment.
* Setup a Gold RRSP today, simply follow the instructions on this link RRSP Account Setup.