How to Get Started in Investing in Gold and Silver in Your IRAs and 401Ks

Once you decide that you want to include precious metals in your retirement planning, you need to determine how much you want to invest.

How much you invest depends on:

Your annual contribution

Your personal goals

Your individual investment philosophy

Three other factors to consider are:

Your age

Total assets

Risk tolerance

Very few institutions are set up to handle the precious metals component of retirement plans. One of the leaders in the field that I personally recommend using is GoldStar Trust Company. They serve as custodian for approximately 20,000 self-directed IRAs with assets in excess of $700 million. One thing to note is that GoldStar is not a coin dealer, but it will work with dealers who buy and sell precious metal coins and bullion for your IRA on your instructions.

Setting up a self-directed IRA with a company like GoldStar is easy. And, there are only three steps to follow:

1. Submit the paperwork. 2. Fund the account. 3. Direct your broker which precious metals to buy.

So, start investing in gold. Start investing in silver. And start investing in other precious metals unless you want to continue having to drink a bottle of Maalox every night because you’re so afraid of the future. Follow my advice in this article, in my book "Get the Skinny on Silver Investing" and on my website, http://www.silver-investor.com and you will retire comfortably without fear.

It is an honor to be,

David Morgan

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