We spend most of the years in our lives making a living. One of the most important things that we should do is to ensure that we’re setting ourselves up for a comfortable retirement through investments. In this article, we are going to discuss how best we can invest our money and the good life gardening in retirement. Everyone invests for the future, and there is one very great way to invest your money, even in the events of economic turmoil.
GSI Exchange have the perfect solution for your investment needs since they focus on investing in precious metals. The demand for precious metals is always greater than the supply and so it does not matter whether the economy is doing well or not across the markets. As a matter of fact, when the economy takes a dip and the dollar loses value, gold and silver tend to rise in their value.
What they offer:
- IRA and Retirement
Reasons Why Precious Metals Are Always Winners
Over the years, there was a downtrend of precious metals, but in 2016, there was a recovery and investors in silver and gold went smiling all the way to the bank. Gold prices rose by up to 25 percent, while silver to 44 percent. These gains prompted companies to increase their market value by over 100 percent in 2016 alone.
The concluded United States Election and the turbulent world economy are some of the things that added to economic uncertainty. The fallout from the Brexit vote last year was another contributing factor that many believe will stunt economic growth in the United Kingdom and the EU as a whole. Investors have become scared because they do not know what lies ahead economically, and thus they choose to put their money in safe investments, precious metals. During such times, one can always bet on gold and silver as the best place to put their funds.
Supply and Demand
As I mentioned earlier, with precious metals, there is more demand than there is supply. Mining companies slowed down the production of precious metals over the years, with the chief aim of improving efficiency and profit. The demand became even higher for both silver and gold, and especially silver because of the solar industry needs as well as industrial demands. For gold, it is due to investor demands coupled with the needs of the world’s Central Bank’s.
When the dollar falls, the price of gold tends to fluctuate, and now that a lot of people believe that the U.S. Federal reserve might not raise interest rates, most investors will be seeking safe investments, which just happen to be precious metals.
Three Reasons to Invest in Silver
When one thinks of precious metals, the first thing that comes to their mind is gold. Gold is in fact an excellent investment, but don’t forget that there is also silver as well as other metals. Silver happens to be one of the most affordable metals, making it easier for investors to access and buy more of it. Below are the reasons why one should invest in silver:
- A wide Array of Uses
Silver happens to be one of the most used metals across the world, making it have a very high demand. It contains properties that can be used in many different ways, from jewelry and silverware, to electronics and telecommunications. Silver is used to make things that we use every day and as the demand from the solar, electronics and medical industries, there will always be a high demand for it.
- A Great Financial Hedge
Whenever there is inflation or even the mere mention of it, silver products tend to rise. A jog down memory lane to 1980 when inflation hit 14%, silver reached it’s all time high. And then there are the stock markets. Whenever they pass through a rough patch, investors prefer to put their funds in safer places that include silver and gold amongst other precious metals.
- Silver Retains its Intrinsic Value
Silver comes armed with properties that include malleability, corrosion resistance and electric conductivity. These rare characteristics make it a commodity that will maintain its value over time. In addition, silver has served as a currency for thousands of years, for an even longer period than gold has been used as a means of exchange.
Physical Possession IRA
Today we have a highly unstable economy, and as a result, investors are looking for safe places to invest their funds. GSI Exchange came up with the perfect solution for them by introducing Physical Possession IRA, a legal way to help one control their retirement with a gold IRA or a silver IRA. With this program, one can purchase and store precious metals using their Gold IRA or Silver IRA.
Self-Directed IRA’s became legal in 1996, and the Physical Possession IRA falls under this. It is much easier to invest through this than through the traditional custodial accounts. Physical Possession IRA’s are not custodians.
The Physical Possession IRA Plan Includes:
- Quick and Easy LLC set-up
- Articles of Incorporation filed
- EIN filing with the IRS
- Transfer money to your Physical Possession IRA
- Operating Guide and Binder Overnighted
- Assistance setting up your LLC checking account
- Free shipping of Precious Metals to your desired location
Gardening as a Retirement Hobby
Now that we have our investments safely in precious stones, it is now time for us to check out some of the reasons why gardening is a good retirement hobby. There are many reasons but we are just going to mention a few as reviewed here.
Great for Exercise
In old age, it is important for people to keep their muscles active. Gardening involves things like watering, mulching, weeding and many more things that keep the upper and lower muscles active. With the muscles in great shape, it is hard for anyone to succumb to things such as illnesses.
Planting backyard veggies will most likely mean eating them, consuming up to 40% more veggies and fruits. This is healthier than the veggies that you find in stores and is bound to keep one going for longer.
Improved Mind and Immune System
When you keep your mind occupied with gardening, it improves your mental health since it gives you a sense of achievement. It also decreases the chances of getting dementia. There’s also the exposure to the sun that improves immunity and the mood.
According to research, surrounding one with a natural environment reduces stress, provides relaxation, and can even improve healing processes. It reduces anger, anxiety, and pain, causing relaxation and a more peaceful state of mind.
Those are just some of the advantages of gardening during retirement. Remember, to enjoy the most out of their gardening experience during retirement, one needs to be free of financial stress. Investing in precious stones will leave you stress free as your funds will be safe for years to come.