Buying Gold in a Self-Directed IRA: How to Take Control of Your Retirement Wealth With Gold

Economists, like Taoists, tend to believe in the interconnectivity of all things. This concept is never more true than when it comes to our global economy. As we’ve seen with the recent events in the Middle East and Ukraine, such things can have a direct effect on the economy at home and, even more importantly, on your investment portfolio. These events, together with a stock market riding at record highs, could bring a major correction in the market and soon. The challenge for the investor is to find a safety net that can protect their investments against such an inevitability.

Is there an investment that can provide that kind of protection?

There is: Gold.

The Best Time to Invest in Gold?

Actually, right now could be a great time for gold as many experts believe its price is undervalued. At present gold is experiencing interest in “safe haven” buying from investors who are concerned about losing value in a volatile stock market. When Wall Street finds itself becoming more risk averse, gold gets a boost. For this reason gold has been considered a reliable store of wealth and has for over five thousand years. Other recent events including the holding of interest rates by the Federal Reserve and seasonal demand have also had a positive effect on gold’s value. But even with these factors aside, gold has still proven itself to be one of the best performing commodities of 2014.

Aside from its recent valuations, the purchase of gold or silver in the form of coins is a surprisingly safe investment and one of the most tax efficient ways to finance a coin purchase is through a self-directed IRA.

The Value of Gold Over Paper

Owning gold with a self-directed IRA is not the same as owning mutual funds or ETFs. With a self-directed gold account, the investor can actually buy and hold physical gold inside their IRA. Owning physical metals such as gold or silver can be an important part of a well-diversified retirement portfolio.

A self-directed IRA enables the individual to invest in gold and much more on a tax-deferred or tax-free basis. This prospect is exciting for many investors because the investment involves a tangible and finite resource with real intrinsic value. Gold and silver are by far the most popular choices for Precious Metals IRAs. An IRA can purchase gold and silver coins such as American Eagles or Canadian Maple Leafs, some coins from Australia and Austria, or physical bullion in the shape of bars or rounds. (The South African Krugerrand is not permitted to be included in an IRA as it is a 22 karat bullion coin.) Only gold coins with a purity of 24 karat (0.995+ fineness) are allowed in an IRA, with the exception of the 22 karat US Gold Eagle. Any metals owned inside of a precious metals IRA must meet certain fineness requirements and must be produced by an approved and accredited refiner.

Bullion vs. Coins

One of the big differences between bars and coins is that when you sell coins typically you’ll get a few dollars over melt value, or market value. With bars on the other hand, depending on the bar type, you get a straight spot price or melt value on a buyback. Because of their additional numismatic value, coins are generally seen as the more profitable choice. In many instances, if you were looking to liquidate with large bars you’ll not be able to liquidate part of the bar, you will have to liquidate the entire bar at once. That’s why when it comes to liquidation it also makes sense to have coins in your possession instead of bars.

How to Get Started

This article was written to answer basic questions about investing in a self-directed IRA. To learn much more about investing in gold and silver and how you can grow and diversify your wealth even in the most uncertain and volatile of economic times, a special mini-course was developed. It’s entitled “The Essential Guide to Successful Gold and Silver Investing” and it’s available for FREE download. This valuable course is filled with tips and expert advice to help you make the decisions that could save you thousands of dollars.

Why problems arise in married life? Can these be corrected by an astrologer?

We all know that a happy married life is a blessing. Many people wish for that. A peaceful bond is what every married couple expects for themselves. But happiness is not constant. A marriage can become problematic when conflicts arise between partners.

The first few months of the marriage could be happy and blissful, but with passing time, it can deteriorate due to a clash of ego, arguments between the couples. With the benefit of Astrology, you can change the aspects of your complex marriage. By an astrologer in Gurgaon, you can foresee the problems. Also, you will get advice that can bring peace to the marriage.If problems are not solved right, the conflict will be irreversible. The problems that arise in married life:

1. When two partners do not understand each other or respect each other’s thoughts, the problem arises.

2. Financial differences, family problems create issues between couples. Couples can seek solutions from Famous Astrologer in Gurgaon regarding their problems.

3. One of the biggest reasons behind arguments is misunderstandings. Astrology can help out with this kind of problem. With the astrologer’s advice, one can get rid of this situation.

4. Distance between two partners or extramarital affairs directly affects peaceful married life. If a problem like this persists, the marriage horoscope can help out.

5. Too many differences between husband and wife lead to separation or divorce.

6. In-laws create unreasonable issues that directly affect the married life of the couple. Partners who go through this can discuss it with an astrologer.

7. Lack of intimacy or chemistry between the married couple is another big reason behind the falling marriage. 8. Women go through many problems with marriage. So with astrology, they can predict the future of the marriage.

How astrologer can help you out with marriage:

If you are going through issues with your marital life, then it is vital to look out for the issues that are destroying the love and affection of your relationship. Change does not happen automatically. You have to make an effort. You cannot depend on your partner to take the first step. Here where reliable Jyotish from Gurugram comes to save you. They calculate the horoscope and check out all the obstacles that can create an issue in your life.

Conclusion

People face problems because of the placement of the planets in their horoscope. The best way to make things work is by talking about them to the best astrologer in Gurugram. Well, do you want to take the help of astrology or not is your decision.

But it could save you from the issues that the future holds for you. Many people state that they got effective results after consulting a Jyotish. Also, if a person consults with them before the marriage, they can foreknow the future of their partners and themselves

Networking: It’s A Mistake For Small Businesses To Overlook This Marketing Tool

It’s been said, “It’s not about what you know, but who you know.” This phrase applies especially to those who want to master the art of brown-nosing as they climb up the corporate ladder in a large, multi-billion dollar company.

But this article isn’t for those people. This article is for the entrepreneurs and small business owners out there who are wondering:

a.) “How can I get the word out about my company?”

b) “Where can I get more leads and sales?”

c.) “Where can I meet other like-minded business owners and employees to learn and exchange ideas?

There are many ways to market a business. The obvious one is direct marketing such as newspaper ads, flyers, brochures, TV commercials, and radio spots. All of these are great when done correctly. But first, you have to decide which medium is right for you, and then you have to design or pay someone to develop your message. Once that’s done, you sit and wait for a response. Direct marketing works, but it has to be done correctly to get a good return on investment. You probably won’t get it right on the first try and fine-tuning your strategy is the only way to go about get profitable results.

Networking as a Marketing Tool

There is another way to market your business with a lot of extra benefits that you just can’t get with direct marketing. It’s called Networking. Most small business owners and new business owners either don’t do it, or don’t do it enough. Those who are doing it know that it works. There are many ways to network and this article will go into detail on many of them. And no, we’re not talking about “networking” with the stranger at the gas station and telling him all about your business.

My business, a graphic and web design studio, was only a few months old when I realized it was time to start meeting new leads face to face. Yes, I was initially keeping busy as I exhausted the “friends, family and their referrals” resource, but I knew that my business needed something else if I was going to be in it for the long haul. I started with one networking event which I dreaded going to because I did not like meeting new people. I’m great around people when I know them, but I had a hard time talking to complete strangers, especially business professionals.

The first event was a Chamber of Commerce lunch. From then on, my desire to meet other business owners hit the ceiling. I was shy at first, but you just have to throw yourself in with the sharks, so to speak. I quickly got over my fear of talking to new people as well as my fear of public speaking. If you love talking to new people, than you can just skip the whole “getting used to it” step. Some small business owners are very good at running their business, but contact with other people may not be their strong point. That is why you either have to force yourself to network, or have another, more gregarious person in the business do it for you.
Networking is great because there are a lot of things happening at once. You are meeting driven people like yourself. You are talking about your business and learning about other small businesses. You are exchanging ideas that will benefit everybody in the group. Eventually, once people know and trust you, you will start getting leads and sales.

You have to put in the work and time to get results from networking. Networking is about developing relationships and that doesn’t always happen on the first try. There is a lot of commerce going on in our capitalistic society, so when you are producing a high ticket item like a custom website, home remodeling or financial services, people will be much more inclined to buy from you if they trust you. The same principal applies to pretty much anything you are selling. Once people learn that you are a legitimate business owner, then they will have no problem buying from you or referring someone who will.

OK, enough about networking in theory. Let’s explore some groups, organizations, and other ways to actually network.

Open Networking Groups

Chamber of Commerce – Almost every city has one. Some are invaluable while others can be a complete bummer. It really depends on where you are and who is running the organization. Our local chamber of commerce has been great for kick starting my networking bug. Although I met other people in my industry that may be competition, I have actually formed alliances and a referral system for exchanging business with them. In addition, you’re meeting a ton of people in other industries that you can learn from. There are some common factors that apply to all businesses, so its beneficial for you to learn how other people are running their business so you can borrow or innovate upon their ideas.

Just search Google for “Your city: chamber of commerce.”

Small Business Alliances – I know my town has one and it’s incredibly beneficial because they focus on the growth side of running a business. They help with all the questions a small business owner could have like: What do I need to know about my lease, do I want a 401K plan for employees, or who can help me find a good insurance? Anything in regards to the growing pains of a small business! Try this site and see if there’s a local chapter http://amiba.net/. Keep in mind, there are a bunch of other small business alliances that don’t have to do with American Independent Business Alliance. My SBA is actually a local one that is not associated with the AMIBA.

Meetup.com – Yes, there’s actually a site out there that networks people and brings them together in real life. I have yet to go Meetup.com event, but that’s only because I found out about the site a few weeks ago. It looks very promising. The “Meet-ups” are usually free, and if they cost money then it is usually going to pay for food, drinks, and the space.

Meetup.com has every kind of group imaginable, from single mother meet-ups to Dungeons & Dragons meet-ups. If you look hard enough, you’ll find the golden nuggets that relate directly to small businesses, entrepreneurs, or even your industry. The good thing about Meetup.com is that you can start your own group if they don’t have what you’re looking for!

Rotary Clubs – We are not part of a Rotary club yet, but it is a well established business networking organization that helps out the community. Being part of a Rotary can add extra credibility to your business. From their site: “Rotary is the world’s oldest service club organization. It’s made up of more than 32,000 Rotary clubs in nearly 170 countries. The members of these autonomous clubs are called Rotarians, and they form a global network of 1.2 million business and professional leaders, all volunteering their time and talents to serve their communities and the world. Individual Rotary clubs, in turn, belong to the global association Rotary International”

Leads Groups – These groups have one goal in mind: networking. Some are national and others have one chapter. Some are open and others are closed. You have to look hard to find these groups, but they can be some of the best resources out there.

Search Google for “Leads Groups: Your City”

Closed Groups
LeTip – This is a networking group that only allows one company from each industry, hence the closed group title. The exclusivity of closed groups is great if you can get in with a good group that has every intention of getting bigger. That means you will have all of the members acting as your salespeople, which is far more cost-effective than hiring a sales team of 20+ individuals.

This group has a greater sense of trust among the members than say a “Chamber of Commerce,” because you are with them every week and you get to know each member and their business individually. There are a ton of chapters throughout the US so check it out at http://www.letip.com

BNI – Very similar to LeTip. One company per industry. Both BNI and LeTip have training programs that help you learn how to market yourself to other people quickly and effectively. The one catch is that closed groups usually do not let you be a part of other closed groups, so you have to pick one you like and stick with it. Loyalty is important. If you have more than one person in your company, divide yourselves among the different closed groups. Visit http://www.bni.com for more information.

Networking is essential for small business growth.

I’m sure I missed a lot of groups in the list because I don’t know what they all are. Some heavy searching on the internet or communication with other business owners can yield some great results for your area.

I’m fairly new to the networking game. I can’t imagine what it will be like a year or two down the road but I promise you it will be exciting. There is no other way to grow a business like small business networking because you’re going to be face to face with like-minded people. They are either going to be your clients, allies, or in some cases both.

One thing is for sure though: if you stick with these like-minded individuals in the groups and organizations mentioned above, your business will grow faster than you could have imagined. If you’re sick of spending money on direct marketing or if you just sit around on your butt wondering why your business is not growing, get out there and meet new people. The worst case scenario is that you’ll make a friend and get a free meal.