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Apr
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Now that 2010 is here, it’s time to start thinking a little differently about the future.The conventional way of approaching retirement simply isn’t going to cut it anymore.You can’t pretend that you can buy and hold stock and have that work out for you in the long term.Instead, you need to think about different kinds of investments . . . like investments that could fit in your pocket.
Could fit . . . not that you’ll likely be carrying some of these investments around.Gold coins, such as American Eagle gold coins, Austrian Philharmonics, and South African Krugerrands are highly portable investments, although you might not want to carry them around these days.The one ounce coins are now worth more than $1,100 USD each as the price of gold continues its upward trend.
This upward trend has been underway for the last ten years.In fact, gold was decreed as the “Trade of the Decade” by a number of noted contrarians and economic scholars.Derided in 2000, they are now being hailed as geniuses in 2010, and they continue to recommend adding gold to your investment portfolio.
The reasons that American Eagle gold coins and other popular collectible gold coins are such good additions to your portfolio has everything to do with the state of the world.All over the globe, economies are going to pieces.Stock bubbles, housing bubbles . . . it all adds up to higher unemployment, higher inflation, and lower levels of economic growth.
Gold thrives in conditions such as these.While other asset classes decline, gold shines as the ultimate hedge against uncertainty and inflation.As a store of wealth against instability there is nothing finer.Though the price per ounce has risen dramatically over the last 10 years, there is no doubt that the peace of mind that comes from owning gold is priceless.
As a result, when you consider your ongoing investment strategies, it is important to remember that the future of your retirement could very well fit in your pocket.Beautiful one ounce American Eagle gold coins and luminous Austrian Philharmonics take up very little physical space, although they can loom large in securing your future comfort.Why make the mistakes of the past in the future?Take the time now to look into the opportunities that await you when you think different about the future of your portfolio.