Since the beginning of time as I will show you gold has gone up in value and continues to do so and the changing world economy is making Gold a very safe, and a very profitable investment.

Gold in 200 B.C. Rome, where an ounce of gold you could have purchased a toga, a leather belt, and even afine pair of sandals.

Gold continued to increase in value of the next 200 years while real estate, and the Roman Currency, and investments declined. You could have still bought a fine wardrobe and had Gold left over by spending a ounce of Gold.

To show you how over time Gold continues to increase if you bought an ounce of gold in 301A.D. for 833.33 denari the same ounce of Gold 23 years later would have been worth 4,350 denari an increase of over 422%. An if you had kept your ounce of gold just a few more years until 337A.D. it would have been worth 275,000 denari which is a huge gain and if you think Roman times are the only time gold has kept and greatly increased its value you would be mistaken.

To give you an idea if you had invested in Gold in the late 1800′s and had bought $1,000 in gold today that same gold would be worth $47,651 which is an increase in value of over 4,600%

Another example of Gold increasing in value if you had purchased $2,000 in Gold in 1933 – in the depths of the great depression today that Gold would be worth over $95,000

If you had invested in Gold as late as 8 years ago, and bought $1,000 worth of Gold it would be worth $3,860 today which is a huge return on your investment. If you compare this to each $1,000 invested in the stock market 8 years ago that now is worth around $700. Even if you invested in Gold 6 months ago you would have already netted a gain of $400 for each $1,000 invested.

The facts is in this changing world economy you need to put your money where it will make you the largest returns and Gold is a very good and secure and profitable investment, for the reasons I am going to share with you.

The first reason that Gold investing is a very good place to put your money is the over $1,75 trillion dollar debt, and they are already saying that with the stimulus package and aggressive spending planned spending and the deficit will grow and the value of dollar will continue to decline.

Another compelling reason to buy Gold is that when the dollar drops the price of Gold goes up and the dollar is and has been on a long term decline for a while now, and is down almost 14% lower than it was only 3 1/2 years ago against the Euro. The dollar also recently had the single worst day since 1971, which is a very good reason to invest in Gold as it is a universal currency and not tied to the dollar or any other currency.

There are many compelling reasons for people to buy and invest in Gold and another very good reason is the Department of the Interior says that only about 50,000 tons of proven gold reserves are left in the ground world wide. The law of simple supply and demand will tell you that with the increasing demand for Gold and the decreasing supply the coast or value of Gold will continue to soar.

Another very good reason for investing in Gold is that in 2008 demand for world Gold investment jumped 64%, and demand for physical bars and coins jumped 87% causing shortages around the world of Gold to meet the growing demand. The demand for Gold Coins was so great nationally that the US Mint suspended sales of the American Eagle Gold Coins, and the South African Refinery did same with the Krugerrand, and likewise so did Australia’s Perth Mint with their Gold Coins. So you can see that investors across the world are seeing the need and value in investing in Gold as a stable and good investment.

Another very good reason to invest in Gold rather than stocks and bonds at this time is many think that Fed Chairman Ben Bernanke and the G20 nations are working together to devalue paper monies not only the US Dollar but the other paper currencies in G20 nations. Since Fed Chairman Ben Bernanke has been in charge the dollar has already decreased 30%, and Gold has been steadily increasing and some say it will possibly go as high as $5,300 if the G20 nations and Fed Chairman Ben Bernanke proceed with their plan. You may think it is not possible but in the 1930′s during the great depression Franklin Roosevelt, confiscated Gold from citizens of the US and raised the price 70% to restart asset reflation. It is said that Fed Chairman Ben Bernanke and the G 20 nations are devaluing paper money and then will monetize Gold based on the Debt and if they agree to a value Gold at even 10% of the US Bad debt then Gold will be worth just over $5,300 an ounce.

It does not matter what comparison you look at or what you believe Gold is and has always been a very good and safe investment, and you have the potential to make more than you could in any other investment in direct Gold investments and Gold IRA’s as well.

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You can achieve financial security at retirement if you follow these steps to work towards your financial dreams and goals. Many want to have a multi-million dollar portfolio when they retire and this is possible, but to achieve this you need to take some serious effort and discipline and work to reach this goal.

The first step in achieving a goal is to set a goal, you may want to set a long term goal and short term goals so you can see yourself moving toward your financial goal and dream. Many people fail to plan for their financial future and wonder why they never reach their goals, you need to realize if you fail to plan then you can plan to fail. This is your life and your happiness and financial security we are talking about and you need to take the time to decide what you want to achieve and work toward reaching it.

It is important to start saving and you would think this would be obvious, though many still fail to ever start saving towards their future. If your employer has a 401k or other retirement plan this would be a good place to start saving, and you should contribute as much as you can afford to with out effecting your life style understanding you are investing in your future. If you employer offers to match your savings to a certain amount, then at the very least you should invest as much as your employer will match as this is like getting an instant return on your investment. The monies that you put in your 401k or other retirement typically are taken out of your check and this is like starting a savings plan on auto pilot, which is helpful as many do not have good saving habits.

When you are planing your investments and savings for future you should have a balanced portfolio and understand that fixed income investments and CD’s are not enough to have a good financial plan.
You need to have secure investments and some more aggressive investments like Forex investing, and it would be wise to invest in precious metals as well as they are very stable and are not tied to the value of the dollar and have done very well over time.

You should always plan for a rainy day as over time many of us hit bumps in the road and if you do not plan for this eventuality then it can easily wipe out much of your savings if you are not prepared. The bottom line is planning for the future and life’s ups and downs is the difference in being prepared and living comfortably and being without the financial means to live life as you would like to do.

Part of the key to reaching your financial goal is saving progressively more as time passes. Most of us make more as time passes, as we get raises and better paying jobs as our skill levels increase. Some of us also make more monies as when we get married we have two incomes, and the more money that we can take from the additional income that we have to save the faster we can reach our goals.

We all love to spend money, but to have a secure retirement we need to understand how to budget better and try to have more money left at the end of the month, instead of month left at the end of the money. Some of the things in life that take a lot of our income are vacations, kids, cars, jewelry, and medical expenses yet if you try you can have all these things and still have a secure and enjoyable retirement. When you are setting your short term goals and working towards reaching your financial long term goals a one good key is to buy a house that is within your means, and living below your means rather than having a lifestyle funded by credit cards. The wonderful thing about living within your means and investing for your future is you will not be living pay check to pay check, and you will not have a lot of high interest rate debt cutting into your monthly budget that would cut into the monies that you can set aside for your future.

If many of your investments are long term investments, then it will not be necessary to watch every movement of the Dow rather you should look at the investments every 4 to 6 months and reallocate them annually on average. Though it would be good to have short term higher yielding investments as well like Forex Trading, and precious metals are always a good long term investment.

You should take advantage of every opportunity that if offered by the government or your employer to max out your saving options, if at all possible invest the maximum amount you can in tax deferred savings, and if possible it would be wise to have additional savings in a taxable savings account as well if you can budget it.
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You might also want to be aware of the fact that after 50 you are eligible to increase tax deferred savings and should certainly do this to help to reach your financial and retirement goals.

Remember any thing worth while does not come easy or quickly, and don’t fall for some of the get rich schemes that are out there as most of them are exactly that schemes. If you want to have a safe and secure retirement then start investing and saving as soon as you can and have short and long term goals and work diligently towards them as your future happiness and wealth depend on it. If you set goals, and budget,and invest early and often, and have a diversified portfolio then you should easily achieve your financial dreams.

Many find themselves saying I will start saving tomorrow, as when we are young retirement seems so far away. But the truth is time passes before you realize it, and I have never heard anyone complaining about having to much money at retirement. Some even wonder if a million dollars is enough to save for retirement, and the truth is we all have different needs and dreams and only you know how you wish to spend your retirement. A very good investment for retirement is precious metals and a good example of that is: if the 1950′s you could have bought a house for $17,500 which would have been 500 ounces of gold which cost $35 an ounce in 1950,the same house today would cost you $185,000 and would only cost you 202 ounces of gold. The fact that precious metals are such a good long term investment, and a good way to beat inflation is why you should make precious metals investing or a precious metals IRA part of your investment portfolio.

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The new rules for Roth IRA’s have a lot of firms and experts training their advisors on new Roth IRA rules and advantages to people saving and investing for their retirement. The new changes are part of the Tax Increase Prevention and Reconciliation Act of 2005 know as TIPRA, under this measure all taxpayers regardless of income will be able to convert all or part of their IRA’s into Roth IRA’s. The special TIPRA offer to split income converted from a traditional IRA to a Roth IRA in 2010 has financial analyst excited about all the money they will likely make due to this offering. For example if you transfer $100,000 from your IRA to a Roth IRA in 2010 you can claim $50,000 in 2011 and the other $50,000 in 2012 which is a nice tax deferral. You have the opportunity to split the tax bill over two years, however you do not have to split the income from the IRA transfer if you find it to your advantage to claim the income all in one year.

You may say why would you want a Roth IRA the answer is you can withdraw your money from the Roth IRA tax free once you have had the money in the account for 5 years and you are 59 ½ according to Ed Scott an IRA Advisor. Understanding the conversion of funds to a Roth IRA, funds converted from a traditional IRA to a Roth IRA are taxable though the 10% early withdrawal fee is not charged that usually applies to early withdrawal or distributions prior to 59 ½. However if you withdraw your funds from the Roth IRA prior to 59 ½ you will be charged the 10% early distribution fee even if you have met the 5 year criteria for withdrawing the money tax free. Traditional IRA owners can do the Roth IRA conversion with no problem, and even 401 k owners and 403 b and 457 plans can do Roth IRA conversions if their funds are eligible to take a distribution and are also eligible for rollover to an IRA. Some may wonder if they can do a conversion of part of their IRA to a Roth IRA and the answer is yes you certainly can do transfer only part of your IRA if you like.

Some have nondeductible traditional IRA’s, then you have to consider the total amount of all your IRA’s when converting all or part of them and use the prorate rule as well. For example if you have $1,000,000 in four IRA’s and $100,000 after tax contributions in one, Uncle Sam will only tax you on 90% of the amount converted to Roth IRA, but also you can’t only convert the nondeductible IRA.

If you use the TIPRA rules for 2010 to your advantage you can secure a Roth IRA and work toward achieving your financial and retirement goals.

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