When it comes to retirement savings or pension plans, what do you imagine?
• Make contributions year after year with the hope of obtaining a significant return in the future.
• Without being able to dispose of your money until maturity is met?
• Once we can withdraw our money pay a lot of taxes?
You are not the only one.
These options make up most traditional savings plans, such as pension plans. And for many, they are the only place they keep their savings for the long term.
Unfortunately, these traditional options offer neither the security nor the flexibility that most people require.
All of this is on top of the fact that most traditional savings plans offer zero flexibility and (even worse) can be completely decimated by economic turmoil, depressions, and stock market crashes.
And for those who have spent years and decades of their lives saving money for a more comfortable future…
There is nothing more frustrating than 20 or 30 years of savings going down the drain in a matter of weeks.
Retirement Plans / Savings Plans:
• Little or no direct control over investments
• Impossibility of early withdrawal except in cases of force majeure except for penalties
• Lack of liquidity in times of greatest need
• Strict monthly or annual contribution limits with legal penalties
• Subject to financial market volatility (a decades-old investment can be wiped out in a single week)
Gold Savings Plan:
• 100% assigned gold that you own (buy, sell, store, do what you want with it)
• No hidden withdrawal, transfer, or commission fees
• Contribute as much or as little as you want, with no limits
• Maximum liquidity (withdraw whenever you want without penalties)
• Ability to invest in the historically most stable commodity during pandemics and economic crises
Profitability of more than 500% in the last 20 years
In the last 20 years, from 2000 to 2020, we would have obtained a return of 534% if we had followed a gold savings plan.
Suppose we had started a gold savings plan in January 2000 with the following characteristics:
• Monthly amount: 1,000 dollars -not to make currency conversion EUR-USD-
• Number of contributions: 50
• Periodicity: 1 time a month
• Total Investment: 50 x $1,000 = $50,000
*Example in dollars to avoid having to perform currency conversion
This is the advantage of carrying out a capital accumulation plan, or what is the same, regular contributions over a certain period since we average the price, and in this way, we also avoid the risks of the volatility of the underlying asset.
We cannot guarantee that gold will behave in the same way in the next 20 years, but the following criteria may help:
• It is a rare commodity in nature
• There are more and more electronic devices that use small pieces of gold for their conductive properties
• A large accumulation of gold bullion is taking place in countries such as the United States, China, India, Russia, and Germany.
Gold has always held its value
Creating a gold savings plan is the best way to prepare your savings for the future, protect against inflation, and ensure complete control over your assets.
That is why investing in gold has always been the best way to protect your assets.
That’s because investment gold is:
• Resistant (and almost immune) to inflation.
• A commodity that maintains its value (and even increases) in times of economic turmoil.
• It has an inherent physical value (unlike ETFs).
• Highly liquid when it is owned solely by you (also known as “allocated gold”) and with the right storage partner.
• Gold, then, is the best savings option compared to traditional savings plans, such as pension plans or PIAS.
But the question is, who should you trust when creating your gold savings plan?
We will answer this question later.
Risks of Investing in Physical Gold
Apart from the intrinsic risks of investing in physical gold, due to counterfeiting and the problem of storage, since it is a small but highly valuable commodity, the main problems are the following:
• Risks of paper gold (ETF, futures)
It does not own physical gold. It is one of the most common options today, where the number of contracts being traded is not backed by physical gold.
To give you an idea, about 8,000 – 10,000 million dollars of physical gold/per year are traded, while the volume of paper gold is about 20,000 – 30,000 million dollars/per day.
As you can see, there is a huge imbalance and this is the reason why ETFs are not backed by gold reserves.
• Unallocated Gold Risks
The most common thing is that the client trusts the bank that guards the gold he has bought, among other things because the client himself would not know what to do with it at home.
The client is not the owner of the gold, but a creditor of the bank. For this reason, the bank can dispose of this gold for its reserves and trade with it in case of liquidity problems.
• Assigned Gold Risks
Even having your gold assigned is not without risk. The situation has been resolved because there was enough metal on the market, but what would have happened if there wasn’t enough?
So even though the gold is assigned, leaving it in the hands of the bank for safekeeping is a risk.
Experts recommend that even if it is assigned gold, it is not convenient to leave it in bank safe deposit boxes since by the “Bail In” law – banks can recapitalize themselves from the bank assets – banks can make use of it. metal in case of crisis or solvency problems.
• Physical Gold Risks
The main problem is the counterfeits and as we have seen each time they tend to be more perfect.
Therefore, to avoid risk as much as possible, the main thing is to have an operator that guarantees total security when investing in gold and offers guarantees and quality certificates that ensure the purchase of gold or precious metals as well as its storage.