Noon 12/6 Webinar: "Is Gold the Fourth Asset Class?" (focus on bullion in US IRAs)

(It's geared to investors and those in financial services, admittedly.)

THURSDAY, NOON US PACIFIC TME. For any interested, there will be a discussion of asset-allocation and portfolio management with Gold (& PMs) in US retirement accounts co-hosted by Ted Root of Gold Trust Financial and Tom Anderson, Founder and Vice-Chairman of PENSCO. If you've ever wondered about a self-directed IRA option including PMs, this might be a useful webinar.

To participate, you must register at the site, for the event at December 6, 2012 11:00 AM - 12:00 PM PST

https://www.pensco.com/learn/events

GoldStar is one of the largest PM-IRA custodians and PENSCO is a competitor.
http://www.goldstartrust.com/About.aspx
http://www.pensco.com/

 

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fwiw-
I have no connection to any of these companies, entities, the event, etc. (And yes, I do know what "self-promotion" means.)
This was posted merely as an "fyi" exactly as someone might mention a coin-show.

Any misapprehension, interpretation, insinuation, suspicion, etc. otherwise is seriously misguided.
Thanks.

 

I am mildly curious what he means by 4th asset class. I try to diversify my modest portfolio into 4 asset classes (property, stocks/bonds, cash. precious metals) I guess PMs are my 4th asset class.

 

The three main asset groups are equities (stocks), fixed-income (bonds) and cash equivalents (like GICs, CDs, etc.) I'm not sure I agree 'Cash' is an asset class - I certainly don't think it's "risk-free" anymore.
Some professionals add "real estate" and "commodities."

"Asset classes" are narrower investment types to me: US SCV, IE MCG, Pt, etc. but that's not universally accepted opinion either.

I don't think Gold correlates with Sugar, so the "commodity" group is problematic. I see Gold more as an alternative monetary asset, partly "Cash" and part "Commodity."

 

Cash is an asset class. Something doesn't have to be risk free to be an asset. So I consider my asset classes to be cash, stocks, bonds, real estate, and PMs. I'm sure some others would include things like commodities, timberland, farmland, water rights, foreign currencies, taxi medallions, liquor licenses, artwork and other collectibles as separate classes so this is something of a personal decision.