Does investing in gold with a gold IRA make sense? – Bankrate.com

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Is it wise to invest in a gold IRA? Over time, it’s been found that gold has a mixed record with begin a good investment. Investing in gold accumulates no interest or dividends, but some would argue that gold is a good investment because gold always has value. Nonetheless, it could be a good way to diversify your investments.

KEY TAKEAWAYS:

    • Some conspiracy theorists speculate that humans were put on Earth to mine gold for aliens.
    • That would partly explain people’s fervent obsession with the stuff, including investing in gold.
    • Investing in gold pays no interest or dividends, but many investors believe that gold will always be worth something.

    “As jewelry, gold shines. But as an investment, the track record is mixed.”

    http://www.bankrate.com/finance/investing/investing-in-gold-ira-good-idea-1.aspx

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