subject: The Golden Eagle In Iras [print this page] Having a diverse portfolio is generally more successful than a strict portfolio. This is because when one market is going down another market is generally going up. It is a wise choice to have diverse portfolios for any investment including investments in a self directed IRA.
Getting a diverse portfolio in a self directed IRA is easy to do. Investors have several investing options to choose from in this IRA. The choices vary from traditional things like stocks and bonds to things like real estate and gold.
Even today people do still invest in gold. It is a wise investment because it will always have worth and demand, unlike various stocks. Gold can help diversify a portfolio.
There are regulations with investing in gold. Some of these are certain coins and certain purity levels that have to be reached in order for it to be considered an investment. One of these specified gold coins is the American Gold Eagle.
The United States of America mints the American Gold Eagle. This coin comes in 1/10, 1/4, 1/2, and 1-ounce sizes. Its value is $5, 10, 25, and 50. The gold used in the coins come from land in the United States.
Other metals are mixed into the gold to make it more durable. The metals used in the American Gold Eagle coin are silver and copper. The composition in all coins regardless of sizes is 91.67% gold, 5.33% copper, and 3% silver.
The art on the coin helps to give it its name. The side that gives it its name shows a male eagle holding an olive branch in its mouth while flying above a female eagle in a nest with baby eagles. The other side of the coin shows Lady Liberty holding an olive branch in her left hand with the Capital building behind her.
If one has a self directed IRA, the American Gold Eagle is a safe investment. It is safe in the fact that the United States Government backs up the weight and size of the gold in the coin. This coin will never loose its value.
