Why Self-Direct?
Asset diversification is especially critical for your retirement savings. It helps your portfolio to weather volatile markets and turbulent times. The trouble is that while all RSPs offer great tax advantages, most don’t allow you any control over what your money is placed in. So you cannot really balance your portfolio appropriately.
But there is an alternative. With a self-directed RSP, you get to choose the asset classes in which you want to place your money. The makeup of your portfolio is determined by your own investment decisions and choices instead of those of your employer or fund manager.
You can trade directly with Kitco if you decide to hold gold and silver in a self-directed RSP*.
Why Precious Metals?
Because they tend to retain their value more than other assets, precious metals have traditionally acted as a buffer against instability. Market upheavals usually have a lower impact on precious metals like gold and silver than on other assets. Financial experts have always recommended placing about 10% of your funds in precious metals as a prudent strategy.
You can place gold and silver in any of 15 different account types that include registered retirement savings plans (RRSPs), tax free savings accounts (TFSAs), individual or family registered education savings plans (RESPs), life income funds (LIFs) and registered retirement income funds (RRIFs)*. Placing gold and silver in your RSP also allows you to trade the metals on the spot market and take immediate advantage of favorable market movements.
Contact Kitco at 1 877 775-4826 to get started.
