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While paper-based investments and real estate are vulnerable to effects of changing times, gold soars. A precious metals investment may save a portfolio when all else fails.

"When gold peaked-out in the 1970s, interest rates were at an all-time high," Lubaszka says. "Right now we're waiting to feel the effects of the last 9 interest rate increases which generally take 6-9 months to begin impacting the economy. Now's the time to buy gold because when rates go up, downward pressure is exerted on real estate, stocks and bonds and commodities like gold tend to increase. The opposite occurs when rates travel from a high to a low. That's the time to reduce gold assets and increase the paper part of a portfolio."

There are three principal advantages to an annuity: 1. Tax-deferred accumulation. This allows you to set aside the funds that you pay into the annuity for as long as you want, without worrying about exceeding federal tax limits. 2. Flexibility. An annuity can offer you a variable or a fixed return, unencumbered by federal tax limitations. 3. Security. An annuity offers a fixed-income payout option which would grant an income that cannot be outlived.