Among all types of investment, gold has certainly been the least risky these past few years. Since the beginning of the worldwide economic crisis, all traditional types of investments such as real estate, stocks and bonds have been extremely unpredictable. Gold, on the other hand, has been constantly going up for the past 50 years, successfully going through several economic and political downturns.
With a partial Gold 401k rollover, you do not need to actually own physical gold. In fact, you can invest in a fund that includes gold as a type of investment. This way you do not have to carry your own gold and store it in your basement which is very risky.
If you would like to get started and convert part of your 401k to gold, the first thing to do is to talk to a professional and discuss how much you should invest in gold. Most analysts recommend that 15-20% of one’s total portfolio should be invested in precious metals such as gold and silver, but this is just a general figure and it should be taken on a case by case basis.
Also, it is a great idea to seek more information online before even talking to a professional. Learn more about how to do a Gold 401k rollover by reading online gold like GoldSilver.com from Michale Maloney.