#1 Gold IRA Podcast With Jeffrey Tan: The #1 BEST And MOST COMPREHENSIVE Gold IRA Information Source [goldirapodcast.net]

Jeffrey: 00:02

Welcome to the Gold IRA Education with Jeffrey Tan podcast where I cover the world of gold, gold IRAs, money, investing, and retirement in a concise and enlightening manner. This is episode number three. And the topic for this episode is comparing a gold IRA to a traditional IRA for retirement savings. To quickly introduce myself, my name is Jeffrey Tan, and I have been an expert independent gold researcher for over twenty years. And also, I have also very thoroughly researched the gold IRA industry and I have performed very deep investigative research on over 140 gold IRA companies in my lifetime.

Jeffrey: 00:43

So basically, I have been an expert independent gold researcher for over twenty years, and also I have very thoroughly researched the gold IRA industry. And also I have performed very deep investigative research on over a 40 gold IRA companies in my lifetime. So I know what I'm talking about when it comes to the to the topic of gold and gold IRAs. Now having said all of this, of course, nothing I say here is financial investment or tax advice. I am only sharing information that I have learned over more than twenty years as an expert independent gold researcher.

Jeffrey: 01:14

If you want financial investment or tax advice, please consult a financial investment or tax adviser. I'm only sharing information with you that I've learned, and any decision you wish to make or not make is your own responsibility it it's your own responsibility, and it's completely up to you. Okay? So first of all, to get started, I would recommend that you get a completely free gold IRA guide that is written by the best and most trusted gold IRA company that I found after many, years as an independent gold researcher. So this free gold IRA guide will explain everything you need to know and will also answer any questions you may have about gold IRAs.

Jeffrey: 01:55

So this is the best guide I have seen in my lifetime and this is the best guide available anywhere in my opinion. So also when you get this free gold IRA guide, you'll get free access to the top gold IRA experts who will provide you with personalized support and help over the phone and they will answer any questions you may have over the phone. So they'll provide you with free personalized support and help over the phone, and they will answer any questions you may have. And so so I'll give you the website address for this. So the website address to get this free gold IRA guide is bit.ly/thebestgoldguide.

Jeffrey: 02:34

So to spell that website address out, that website address is bit.ly/thebestg0ldguide. So all of the characters are lowercase, and there are no spaces anywhere. So go so go to that web address. The web address is bit.ly/thebestgoldguide to get this critical free gold IRA guide. And to spell that website address one more time, that website address is bit.ly/thebestg0ldguide.

Jeffrey: 03:12

So that web address is bit.ly/thebestgoldguide. So again all the characters are lowercase and there are no spaces anywhere. Okay. So now let's define exactly what a gold IRA is. So a gold IRA, also known as a precious metals IRA, basically, it's a it's a self directed individual retirement account or IRA that allows you to hold physical gold, silver, platinum, and palladium within a retirement account rather than traditional assets like stocks, bonds, or mutual funds.

Jeffrey: 03:50

So basically, a gold IRA is essentially an IRA that is backed by precious metals. So a traditional IRA, so if you look at a traditional IRA, a traditional IRA primarily invests in paper assets like stocks, bonds, and mutual funds. Okay. So now let's compare a gold IRA to a traditional IRA for retirement savings. So basically a gold IRA offers diversification beyond just a traditional stock and bond market.

Jeffrey: 04:23

And so traditional IRAs are, excuse me, so traditional IRAs are heavily reliant on the performance of the stock market and the overall economy. So gold historically has often had a low or even negative correlation with these markets and this means when stocks and bonds decline, gold may hold its value or even increase helping to buffer your portfolio against market volatility. So with traditional IRAs, the traditional IRAs are inherently linked to the fluctuations of the financial markets. So if the stock market crashes the if you have a traditional IRA, your traditional IRA portfolio could suffer significant decline in value especially if it's heavily invested in equities like stocks. And also regarding inflation, so gold stored in the gold IRA is often considered a hedge against inflation.

Jeffrey: 05:22

So throughout history when the purchasing power of fiat currencies erode due to inflation, the price of gold has often risen. And so this is because gold has a finite resource or rather gold rather gold is a finite resource and it holds intrinsic value. So holding gold in a gold IRA can help preserve your purchasing power during inflationary periods. Now regarding a traditional IRA, so traditional IRAs while potentially they can grow over time, they can be vulnerable to inflation. So if inflation outpaces the returns of your stocks and bonds, the real or the inflation adjusted value of your savings could decrease.

Jeffrey: 06:04

Now let's look at gold IRAs versus traditional IRAs as it pertains to periods of periods of economic uncertainty. So during times of economic uncertainty or if there's geopolitical instability or if there's market crises, in those situations gold is often seen as a safe haven asset. And so investors tend to basically investors tend to flock to gold in times of turmoil. And so when investors flock to gold that drives up its price. So a gold IRA can provide a sense of security and stability during periods of market fear and instability.

Jeffrey: 06:44

So traditional IRAs can be significantly impacted by economic downturns and market uncertainty. So basically, there's recessions or political instability or global crises, this can trigger stock market sell offs. And if there's if you hold a lot of stocks in your IRA then that can that can negatively affect the value of assets in a traditional IRA. Also gold held in the gold IRA has that gold and where that gold is a tangible asset. And so that gold so gold is a tangible asset that you could physically hold, although technically in a gold IRA it's held by custodian your name, but you still own it.

Jeffrey: 07:22

And so this tangible asset can offer psychological sense of security for some investors. And also again because gold has a finite supply that that final supply also contributes to its long term value. So traditional IRAs of course primarily hold paper assets like stocks and bonds for example, which are essentially promises or representations of values. Those paper assets are basically just promises or representations of value. So quality assets can be incredibly valuable and grow significantly if they lack the tangible nature of physical gold.

Jeffrey: 07:59

Okay. Now let's look at the potential for long term value appreciation as as we can as as I compare gold IRAs versus traditional IRAs. So for a gold IRA, so the gold prices can fluctuate in the short term. But just historically for many thousands of years, gold has shown a long term trend of value appreciation. So the value of gold is not only tied to the performance of specific companies or sectors, and that makes a lot less susceptible to company specific risks or if there's downturns in specific sectors.

Jeffrey: 08:36

So for traditional IRA, while stocks and bonds have historically provided strong long term returns in a traditional IRA, their value is inherently linked basically to performance of to the performance of companies and the overall economy. And that can make them more susceptible to economic cycles and market fluctuations. Okay. So that's my main comparison when I compare a gold IRA to a traditional IRA as it pertains to retirement savings. So I hope you found that useful.

Jeffrey: 09:10

And now, of course, again, of course, nothing I say here is financial investment or tax advice. So I'm only sharing information that I've learned over more than 20 as an independent expert gold researcher. And again, if you want financial investment or tax advice, please consult a financial investment or tax adviser. So again, I am only sharing information that I have learned and any decision you wish to make or not make, it's your own responsibility and it's completely up to you. Okay?

Jeffrey: 09:38

And also, please remember to get that completely free gold IRA guide that's written by the best and most trusted gold IRA company that I have found after many, many years of independent gold research. So this free gold IRA guide will explain everything you need to know and will also answer any questions you may have about gold IRAs. So this is the best guide I have seen in my lifetime and is the best guide available anywhere in my opinion and is completely free. So also when you get this free gold IRA guide, you'll get free access to the top gold IRA experts who provide you with personalized support and help over the phone. So basically they'll provide you with personalized support and help over the phone and they will answer any questions you may have.

Jeffrey: 10:17

So the website address to get this free gold IRA guide is bit.lythebestgoldguide. So to spell that website address out, the website address is bit.lythebestgoldguide. So all of the characters are lowercase and there are no spaces anywhere. So just so just go to bit.ly/thebest gold guide to get this critical free gold IRA guide right now. So again, I have to spell that website address out again.

Jeffrey: 10:55

That website address is bit.ly/thebestg0ldguide. So again, that website is bit.ly/lyTheBestGoldGuide. So again that website address is bit.lyTheBestGoldGuide. So again all of the low characters are lowercase and there are no spaces anywhere. So thanks for listening to this podcast.

Jeffrey: 11:26

Tune in to this podcast regularly for new episodes where I provide the most critical information on the topics of gold, gold IRAs, money, investing, and retirement in a concise and enlightening manner. Also, if you enjoyed listening to this, please share my podcast with everyone you know. I would really appreciate it. Okay. Have a wonderful day.

Jeffrey: 11:45

Bye bye.