Investing in precious metals has long been considered a sound strategy for asset allocation. Two popular options are establishing a Gold IRA and purchasing physical gold. Both offer pros, but understanding their distinctions is key to making the right choice for your portfolio needs.
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Deciding amongst a Gold IRA and physical gold can be confusing. Both offer possible benefits for investors, but they function differently.
A Gold IRA allows you to invest in gold through a retirement account, providing tax advantages and potential growth. Conversely, owning physical gold means you
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