U.S. Money Reserve

Back to School with U.S. Money Reserve

When it comes to financial planning, you’re never too old to go back to school. With a new school year upon us, U.S. Money Reserve is exploring new ways precious metals owners can expand their knowledge about wealth protection and portfolio diversification. Just as a student can diversify their education across different subjects and classes, individuals can diversify their portfolios across a variety of assets and asset classes—and the similarities between education and portfolio diversification don’t end there.

For example, students are often encouraged to start by breaking larger projects down into smaller tasks to make them more manageable. This can also be true when building a financial portfolio. Rather than trying to make major changes, you may first wish to evaluate financial markets and explore lower-risk options. One such option may be a precious metals IRA, which combines precious metals performance with the tax benefits of a traditional IRA. 

Another key “back to school” approach that translates well to financial planning is the establishment of clear and concise goals. Setting goals can help you make better decisions for your portfolio—even when financial markets are experiencing volatility—and allow you to follow a well-researched, well-defined plan rather than feeling like you have to make rushed decisions. Having a financial plan can provide confidence as you make decisions aimed at helping you achieve your unique financial goals.

If one of your goals involves expanded control over your portfolio, you may wish to explore precious metals as an asset class and as a supplement to paper-based assets like stocks and bonds. In a recorded testimonial, Diane, a longtime U.S. Money Reserve client, discussed this topic further, saying in a U.S. Money Reserve review, “I don’t want to depend on someone else…. Physical gold is something you have control over.” 

Establishing good habits from the start of a school year can help students stay on track with their academic plans and other studies. The same can go for financial planning. You can start by setting a clear budget for yourself so you can track spending habits and learn where you might be able to cut back and increase your savings. Another helpful tactic may be to set a specific savings goal each month or year, then open a savings account so you have somewhere to securely store those funds (and to keep you from having too much easy-to-spend cash on hand). Other potentially helpful practices to cultivate include:

  • Paying down credit cards on time, every time
  • Reviewing insurance policies annually
  • Saving for retirement with a 401(k) or similar account
  • Creating an emergency fund for the unexpected
  • Reviewing bank statements to better understand spending habits
  • Exploring ways to diversify your portfolio

Just as students may benefit from diversifying their education across varied subjects and activities, individuals may benefit from diversifying their portfolios. Diversification involves reducing your portfolio’s overall risk exposure by allocating your wealth to a variety of different asset classes. By engaging in this strategy, you can help your retirement savings and financial legacy not be tied to a single asset class and thus left vulnerable to the potential volatility of a single market. Limiting your risk exposure may help reduce the impact of market volatility on your holdings over time. For example, assets like precious metals have historically been considered hedges against dramatic swings in the stock market. A recent U.S. Money Reserve review from Katie, a client who lives in Texas, notes that “by diversifying with precious metals, I am covering my bases.”

It’s never too late to increase your level of financial literacy or learn more about portfolio diversification and retirement planning. That’s why U.S. Money Reserve offers a free online quiz: Is Your Retirement Portfolio Protected? You can take this quick quiz to determine whether your asset mix is sufficiently diversified or whether it may be at risk. Other resources from the company include free information kits and special reports regarding precious metals. 

About U.S. Money Reserve, America’s Gold Authority®

U.S. Money Reserve is one of the nation’s largest private distributors of government-issued gold, silver, platinum, and palladium products.

Founded in 2001, U.S. Money Reserve has grown into one of the world’s largest private distributors of U.S. and foreign government–issued gold, silver, platinum, and palladium legal-tender products. Hundreds of thousands of clients across the country rely on U.S. Money Reserve to diversify their assets with physical precious metals, primarily in the form of legal-tender gold and silver coins and precious metals IRAs.

U.S. Money Reserve’s uniquely trained team includes coin research and numismatic professionals equipped with the market knowledge to find products for precious metals buyers at every level. U.S. Money Reserve goes above the industry standard to provide superior customer service, with the goal of establishing a long-term relationship with each and every one of its customers. U.S. Money Reserve is based in Austin, Texas. Like them on Facebook, connect on LinkedIn, and follow on Twitter.

Related Posts