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Category: Blog

What Are the 3 Types of IRAs?

Posted on July 23, 2023 by kingofgold

There are three primary types of Individual Retirement Accounts (IRAs). Each provides different tax benefits and investment opportunities. No matter whether your retirement goals involve employer-sponsored plans like 401(k), or saving alone,…

Is IRA Gold Safe?

Posted on July 23, 2023 by kingofgold

Gold has long been considered an attractive form of diversification for retirement savings portfolios, due to its track record in retaining value during economic instability and inflationary periods. Finding a company with…

What Happens After Elliott Wave 5?

Posted on July 23, 2023July 23, 2023 by kingofgold

Elliott made accurate stock market predictions based on reliable characteristics he discovered in wave patterns. His theory held that prices always alternated between an impulsive and corrective phase on all trend time…

Precious Metals Are Allowed in an IRA

Posted on July 22, 2023 by kingofgold

Precious metals offer retirement funds a secure haven from currency devaluations, political and financial crises and inflation. Precious metals eligible for investment within an IRA account include gold and silver coins with…

Self Directed IRAs and IRS Code 408 M3

Posted on July 22, 2023 by kingofgold

After years of aggressive marketing efforts from precious metals dealers, it has become widely known that self-directed IRAs may invest in alternative assets such as IRS approved coins and bullion/precious metals, yet…

Taxes on IRA Withdrawals

Posted on July 22, 2023July 22, 2023 by kingofgold

IRA withdrawals generally incur ordinary income tax and a 10-percent penalty; however, there are exceptions. One is to use it for medical expenses; another for purchasing or rebuilding a first home; you…

Which ETFs Are Good For Roth IRA?

Posted on July 22, 2023 by kingofgold

When selecting ETFs suitable for your Roth IRA, it’s essential to keep in mind your risk tolerance and time horizon as well as ensure stability over speculation. Young investors looking for long-term…

Is it Better to Invest in Gold Or Stocks?

Posted on July 21, 2023 by kingofgold

Stocks offer high returns and the potential for growth, while gold has traditionally been seen as a secure investment option. Which investment best meets your financial goals and risk profile depends on…

Is There a Gold Roth IRA?

Posted on July 21, 2023 by kingofgold

A gold Roth IRA is a retirement account funded with post-tax dollars that allows investors to invest in precious metals. You can open one with cash or by rolling over funds from…

Can You Short Stocks in an IRA?

Posted on July 20, 2023 by kingofgold

Individual Retirement Accounts or IRAs allow investors to trade stocks just like any brokerage account; however, unlike brokerage accounts they don’t facilitate short selling. Short selling involves selling options that don’t cover…

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