Consider what happened at the start of the 2008 Recession. Between year-end 2007 and 2008, the S&P index fell by more than 33% – the largest single-year drop in the index since 1974. The Dow Jones Industrial Average, beginning in late September 2008, terrified many investors as it tumbled nearly 2,400 points, including a frightening 18% drop in a single week.
A decline of this magnitude in the stock market is worrisome, because Americans today have a vast majority of their retirement money invested in equities, unlike in the past, and they can't afford to lose money again. It is more important than ever for Americans to follow the old saying, “Don’t put all your eggs in one basket,” and to diversify their portfolios.
It is always wise to “hope for the best and prepare for the worst.” Americans purchase home insurance, health insurance and car insurance. But you should be financially insured, as well.
Some experts recommend putting 5-10% of your assets into precious metals. Financial experts at Augusta Precious Metals believe gold and silver likely will be a great hedge against another stock crash, and investing in gold and silver is a wise policy.
Gold and silver typically go up in price as the U.S. dollar’s value goes down. Investing in gold and silver could secure the long-term buying power of your retirement savings. The Augusta Gold IRA is a great way to take advantage of this opportunity.
You may want a reliable investing strategy for a satisfying, worry-free retirement. Or you may URGENTLY NEED to diversify your investments with purchases of gold, silver and other precious metals today. We can help.
At Augusta Precious Metals, we believe the emerging and new economy is going to DEMAND the superior investment potential of gold, silver and other precious metals to preserve the value of retirement savings. Consider opening an Augusta Gold IRA from Augusta Precious Metals to tap into this potential.
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