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Posted in Retirement
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Question By
zippityyipperz

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Can anyone advise on IRA vs. Gold Investment for retirement?
(possibly not the proper venue for the request)... Recently spoke to a CFP about retirement options. After hearing all the info. re the different IRA'S, and other options, it seems that there must be other ways to make a better return, especially with the risk involved. With the little research I've done to date, it seems as if a possible gold investment may be a "better" way to go, in the long run. At least, putting a certain percentage into gold. Is there any feedback anyone can offer???.....thank you.

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Honestly, you didn't do your homework. For retirement "Mutual Funds" are the most productive methods of gaining a substancial amount of return on your investment!! On average (with some assumed risk) You can find dozens of funds that will earn 12% on your returns..... Its been proven for the past 30+ years. Don't take my word for it... Look up Dave Ramsey....

Reply by
zippityyipperz

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Thank you, redguy!  I'll look into that. That sounds much better than the 5% I was told for mutual funds.   What do you, personally,  think about gold investment?

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Reply by
shanghaista

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I'm higher on ETFs than Mutual Funds, but if you do choose Mutual Funds, do make sure you look for the ones with expense ratios around 1% or lower.

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