May 2, 2009

What can you invest in?

Filed under: Business,Family,General Living,Money and/or Finances — Copa @ 6:17 pm

My wife has been encouraging me to consider buying some gold coins as an investment.  We both have been very disappointed in the performance of the stock market as of late.  We own a little bit of stock; hoping it would make our lives easier when we retire a few years from now, and the loss of value in the plans recently has been very discouraging.

So as I was saying, my wife thinks that we should buy gold coins and maybe buy gold bullion and put them into a safe deposit box.  She says it is a good idea to diversify that way; not putting all of our eggs in one basket.  She said that maybe we should even do a gold ira transfer from one of her IRA accounts that isn’t performing up to snuff.  I’ve never heard of a gold ira transfer so I guess I need to do some research about what that is before I try to talk to her about it with any kind of intelligence!

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