Saving for retirement can be a tricky endeavor. You have to guard against losses that occur when stocks and bonds depreciate in value. You also have to keep watch on interest rates to determine whether or not to keep your money in your investment accounts.
While investing in the stock market and putting money in an IRA can be sound ways to save for retirement, you also need to back up your savings with a more reliable source of currency. You can buy precious metals from reputable gold coin dealers in Los Angeles today.
Authentic Gold Coins
When you buy gold to back up your retirement savings, you want to ensure that the coins are actually authentic and not simply gold plated. You expect them to be solid gold and worth the money that you pay for them. The last thing that you want is for the coins to be made of a lesser material like nickel or aluminum.
A gold coin dealer can typically provide a certificate of authenticity of the coins that you buy. This certificate proves that the coins are made from solid gold and do not contain other metals.
Access to Actual Coins
You also want to know that you can actually handle and feel the coins that you buy. You prefer to avoid the vagueness that comes with buying shares of gold. You want the experience of actually holding the gold that you buy in your hand.
The gold coin dealer can hand over gold coins for the money that you pay for them. You can then store this gold in your house or in a safe deposit box.
You can find out more about buying from gold coin dealers online. Contact Orion Metal Exchange to get more information or go to web for details.
