4 Shrewd Ways to Protect Your Wealth
4 Shrewd Ways to Protect Your Wealth
By Marina Benitez August 1, 2024 GoBankingRates
Keep your money where it belongs — secure and working for you.
Wealth isn’t about how much money you make, but how much you keep. Whether you’re just starting out or have already built a comfortable nest egg, protecting your wealth can feel like a never-ending game of whack-a-mole. From market fluctuations to unexpected expenses, there’s always something trying to chip away at your hard-earned money.
But don’t worry; we’ve got some clever and easy-to-implement strategies to keep your money right where it belongs — secure and working for you.
1. Protect Your Portfolio With Precious Metals
If the past few years have shown us anything, it’s that disruptions to the market can come out of nowhere. Between the pandemic, supply-chain issues and bear markets, a lot of people’s retirement savings felt the impact.
That’s why it can be a smart idea to look for ways to protect your retirement savings from the unpredictable. For a lot of people, investing in precious metals is a way to diversify and protect their investments.
One way to do this is with a precious metals IRA through a company like American Hartford Gold. Precious metals often outperform other investments in a volatile market, and their value tends to rise with inflation, making them an effective hedge during uncertain economic times.
Opening a gold or silver IRA is easy, and you can roll over funds from existing retirement accounts. Or you can buy gold and silver directly from American Hartford Gold’s collection.
Worried you may need to sell your precious metals in the future? American Hartford Gold offers buyback commitment and will purchase your assets back from you at the highest price. Plus, American Hartford Gold has an A+ rating with the Better Business Bureau.
Want to diversify and safeguard your investments by adding gold and silver to your portfolio? It’s easy to get started here and get your free guide.
2. Get Matched With A Financial Advisor for Free
If you’re not already wealthy, getting a financial advisor probably sounds expensive and out of reach. That’s why we like a company called Unbiased. They’ll match you with a financial advisor in your area — for free.