A well-diversified portfolio is as critical as ever, says Rosland Capital, the precious metal asset firm based in Santa Monica, California.
With so much uncertainty surrounding the global economy, the stability of the stock market and the Federal Reserve’s monetary policies, Rosland Capital is urging people to diversify their assets. Buying gold and other precious metals can help reduce exposure to losses from other types of investments while adding a unique level of protection to one’s savings portfolio.
“Regardless of how you view the Fed’s ‘taper,’ or whether you have a bullish or bearish outlook for the stock market in 2014, diversification remains one of the most important strategies for anyone who cares about their finances,” says Marin Aleksov, CEO of Rosland Capital. “Failing to diversify your savings with multiple types of assets leaves your nest egg at risk, which is why Rosland Capital constantly strives to teach the importance of buying precious metals.”
Rosland Capital points specifically to two major factors affecting personal wealth that need to be considered in 2014 and beyond:
Stock market volatility
The stock market has seen healthy gains over the last few years, particularly after bottoming out at the height of the Great Recession. But volatility is inevitable – and it’s a serious concern particularly for those who are nearing retirement. As history has shown, stock market decline can rapidly erase large portions of retirement accounts with little warning. Those with upcoming retirement plans have the most to lose when that happens, as stock market decline can mean postponing retirement for several years.
Diversifying with other assets, such as gold, can help reduce the risk of major losses if the stock market goes south again.
Decline of the U.S. dollar
As the dollar sinks, Americans lose their purchasing power. Over the last several years, the dollar’s decline has forced many people to rethink how they safeguard their money. Yet, as the government has printed more money in times of economic turmoil, this has devalued the dollar even further.
On the other hand, actions that hurt the dollar also tend to increase the value of gold. This makes precious metals an attractive option for those who want to protect their money and preserve their lifestyle in the face of the declining dollar.
Relying entirely on paper currency or investing solely in paper assets, such as stocks and mutual funds, is like putting all of the eggs in the same basket, Rosland Capital warns. Those who want to shield their savings must diversify their portfolios.
Additionally, unlike low-yield options like CDs and saving accounts, whose interest rates have stagnated for several years, gold has unique growth potential.
Rosland Capital offers a variety of precious metals for those who understand the importance of diversification. The company sells gold, silver, platinum and palladium with a wide variety of options, including bullion bars and coins produced by governments around the world.
For more information on Rosland Capital, or to learn more about the company’s current inventory of precious metals, call1-800-461-1246 or visit Rosland Capital.
About Rosland Capital
Rosland Capital LLC is a leading precious metal asset firm based in Santa Monica, California, and buys, sells, and trades all the popular forms of gold, silver, platinum, palladium, and other precious metals. Founded in 2008, Rosland Capital strives to educate the public on the benefits of purchasing gold bullion, numismatic gold coins, silver, platinum, palladium, and other precious metals.
Visit http://www.roslandcapital.com/ for more information.
Name: Marin Aleksov
Organization: Rosland Capital