GOLDCO – Our Top Choice
More companies have started offering investment services for precious metals to investors. These metals have received excellent media coverage in recent times so the demand for them remains high. Investors are receiving better deals because of high level of competition among companies selling these metals. Some people face difficulty in selecting the right gold investment firm because so many companies are operating in this sector. Inexperienced investors face a lot more difficulty compared to the seasoned investors. Following is a list of top 3 gold IRA companies. Each company has been reviewed extensively and objectively.
Now read more information about these companies.
There are many reasons why it has received top recommendation. It offers different types of gold/silver bars and coins for IRAs. You can easily roll over your current IRA and develop a gold/silver IRA. The Goldco team ensures each step of this process is completed as required. The company has been awarded A+ rating by BBB.
The drawback with this company is that it does not offer IRA investment options for platinum and palladium metals.
Goldco receives top recommendation even though there are many IRA investment companies offering gold IRA investment. Its excellent ratings from BBB and BCA indicate it has maintained a trustworthy reputation in the investment and financial industry. This is what an investor wants when dealing with any gold IRA company. It will increase your wealth with its gold and silver investment products.
Goldco is focused on precious metals and self-directed IRAs. You can diversify your investment portfolio further with some investments in precious metals. It will protect your investments and you will avoid consequences of a sharp stock market downturn. Gold and silver have always attracted investors. Historically, these metals have maintained their excellent investment reputation. The value of these metals generally increases when the economy or stock market goes down.
The demand for gold and silver never goes down. These metals are used extensively not only in jewelries but also in manufacturing, production and technology industries. The demand for these metals from these industries is only going to increase as more people buy such products. Selling the precious metals you own is easy. You will receive fiat currency for these metals anywhere in the world. On the other hand, it can take a long time to find a buyer for the property.
Goldco has a simple process to arrange your gold IRAs quickly. Make precious metal investments in self-directed IRAs using gold IRA. To create an account at Goldco website, first fill its application form. Decide how to deposit money into your IRA. Now you can deposit funds in this account. After your fund transfer is verified, select the metals you want to buy for IRA. The company also offers silver IRAs that provide advantages similar to the gold IRAs. Your portfolio remains diversified and protected. The demand for silver remains strong, similar to gold. It is also cheaper than gold so you can buy more of it for IRA.
Goldco not only helps you in setting up your precious metal IRA, it also allows you to roll over a current IRA into gold/silver IRA. The rollover is allowed with many types of retirement accounts so it is easy to set up your self-directed IRA with the account funds. Goldco team will help you set up your IRA once you have received the approval for your account.
Gold and silver IRAs provided by Goldco come with same tax benefits that are available with common IRAs. Individuals over the age of 50 can deposit more than $7000 every year before retirement. Build your investment funds with it. Individuals younger than 50 years of age can deposit up to $6000 every year in their accounts. There is no penalty charge if this money is withdrawn after the account holder reaches the age of 59 years and 6 months.
Visit the official website of Goldco to manage your precious metal IRA. Download the free manual related to self-directed IRAs. Its manual provides the information that makes it easy to register for precious metal IRA account. After that, you will be able to deposit funds into it and then complete the process by filling it with bars/coins of gold or silver.
2. Augusta Precious Metals
Precious metal IRAs from it come with many IRS approved options for safe storage facility. Registering an account here is easy and all the steps are monitored by a team of this company. Precious metal personal investment options are also available here.
A drawback with this company is that the list of silver and gold coins approved for IRAs is not available.
Augusta has maintained an excellent reputation in offering gold and silver investment options. It has received A + rating from BBB. Similar top rating has been issued to it by the BCA, Google, Facebook and TrustLink. It has earned such high ratings by providing quality services and products. These services are backed with excellent customer support services. The company has a transparent setup and provides answers to the queries of customers quickly. All its services are customized to suit the client’s investment requirements so anyone can invest with it confidently.
Augusta Precious Metals has maintained an excellent reputation in providing pension investment products for investing in gold and silver. It protects the investment portfolio of its investors. This portfolio diversification allows investors to avoid the problems caused by stock market crashes. Once your Augusta account is set up, you will receive excellent support services as long as you keep investing through it. A team of experts is ready to answer all your queries related to the retirement funds.
A legally compliant precious metal IRA is one that uses secure and IRS approved storage setup. American customers with Augusta receive several storage options. Customers can select the storage facility at locations like Las Vegas, Jackson, Ohio, Wilmington, Salt Lake City, Nevada, Las Vegas, Delaware, Ottawa, California, Los Angeles, Massachusetts, California and Bridgewater.
Augusta lets investors invest directly in gold or silver as well. Investors can expect healthy returns from investments made in precious metals, similar to the retirement savings account. This option allows you to diversify your portfolio and protect your investments for the times when dollar loses its value.
Once you have deposited funds with it, registering an account at its website is easy. You can deposit money into this account once it is setup.
3. Noble Gold
It allows investors to invest in digital currencies. Safe storage facility at its Texas Center is available. Investments can be made in gold, silver, platinum and palladium.
One drawback with it is that minimum $5000 investment is needed for any gold IRA rollover.
Individuals interested in getting good returns from precious metals should look at the investment opportunities presented by Noble Gold. It is a well known gold IRA firm and has high ratings at BBB and Consumer Affairs. The company’s customer team makes it easy for the investors to invest through their accounts with it. This support service will help you take the right financial decision without any obligation. Noble Gold is owned by the BCA, TrustLink and Royal Canadian Mint. It keeps receiving excellent reviews from its happy customers and so it has been able to maintain high ratings. It is a trusted brand in this industry.
Noble Gold has a straightforward procedure to set up the precious metal IRA. Follow this procedure to set up your IRA investments. This portfolio diversification will protect your investments. Tax benefits are same with the standard IRA and gold IRA, so both options are excellent to protect your savings and investments.
Visit Noble Gold website to set up your account. Submit the required data on the application page and click the submit button. Once you have completed this step, you will receive a call from Noble Gold’s customer service desk. You will receive help in completing your application. Once your account is registered, it becomes easy to transfer funds into it.
Once the money has been deposited in your account, you should select the precious metals in which you want to invest for self-directed IRA. You can also purchase precious metals here for personal investment purpose. The company sells rare collectibles and coins as well in addition to offering the above investment instruments.
The rare coins that Noble Gold sells are trusted and independently approved. The grading has been received from NGC (Numismatic Guarantee Corporation) or PCGS (Professional Coin Grading Services). The coins and collectibles you order will be shipped to you immediately in protective packaging and excellent condition.
Additionally, you can also invest in its Royal Survival Packs. It comes in eight different options and each one has specific precious metals.
Customized packs are offered when you buy a ‘Noble Ambassador’. It lets you select exactly what you want with the cash you have in your fund. This pack is perfect if you are from outside America.
After buying the precious metals like gold and silver, Noble Gold will mail the order to you securely and discreetly. The company has partnerships with many precious metal suppliers so it is able to offer bars and coins of precious metals at cheaper prices. It has a buyback program that gives you peace of mind when buying such expensive items. The precious metals can be sold easily when you are part of this program. You can sell these metals whenever you want.
You will receive excellent customer services from Noble Gold’s trained customer service desk. All your queries will be answered immediately. There is no pressure to invest in any particular investment instrument. Excellent guidance and support services are provided by Noble Gold to its customers.
Things to Look for When Selecting the Best Gold IRA Investment Firm
Do you want to secure your financial future? Before you invest through a firm, you should verify its credential through several sources. Spend some time researching its details to learn more about it. Check what types of investment opportunities it offers and whether it meets your specific investment requirements. It is important that the company fulfills your expectations.
Feedback and Track Record
A major part of your funds you invest in your retirement fund will be tied up to the investment instruments associated with the precious metals. Due to high value of this investment, you should first check the reputation of the investment firm. Read its audited results and customer feedback reports. Check its reputation at BBB website. A company that has maintained A+ reputation is a reliable company. Take a close look at the firm that has approval from Consumer Affairs because it shows its customers trust it.
Types of Investments
Check what types of investment options the gold IRA firm offers. For example, some companies allow investments only in precious metal IRAs while others also allow buying of precious metals for personal investments.
Now consider the types of precious metals the firm offers to its customers. Are the options limited to gold and silver, or platinum and palladium are also available? How many bars and coins can you buy for personal investments and IRAs?
Some companies also offer the option to invest in cryptocurrencies like Bitcoin. When investing in such instruments, it is important to deal with a firm that has expertise and experience in this sector, along with an excellent track record in precious metal IRAs.
Always read the terms and conditions of the firm before signing any agreement with it. Do not rush into investing without checking this information of the company. You will avoid the risks you cannot handle. Check all charges applicable to your account and purchases. There may be different charges for different services and products. Some of these charges may be related to the insurance fees, shipping charges and yearly commission. There may also be hidden charges that are not obvious to the customers. A thorough homework is needed to avoid such risks. Contact the customer service team if you do not understand something about its business operation.
Customer Support Service
Some investors face difficulty in managing gold IRAs. There may be fees applicable to this investment if you do not transfer funds to your new IRA account from the current pension plan. Dealing with such fees and other issues can be avoided if you receive helpful customer services. Check the record of customer support service of the company before dealing with it.
You should be able to receive help from the customer support desk as and when needed. This is important because you may be new to this setup and will face difficulty in registering your IRA account, transferring money from present pension plan, and managing other tasks associated with it. The company must help you solve the problem you are facing.
The Company We Recommend
All gold IRA companies mentioned here are reliable and highly rated businesses. They will help secure your investments in gold IRAs and personal investments. However, we still recommend Goldco for many reasons. This firm offers several benefits that other companies do not offer. Some of these variables include:
It has A+ rating at BBB. At BCA, it has maintained an excellent Triple A rating. Its account setup and rolling over processes are simple and easy to handle. Its friendly customer service team is helpful in setting up your precious metal IRA and resolving any issue you face in this process.
Additionally, Goldco has different types of IRS approved gold and silver coins and bars, making it perfect for IRAs. If portfolio diversification has become necessary for you because you want to avoid risks associated with the stock market, Goldco can be your trusted partner in fulfilling your IRA and investment goals.
All information about this company shows it is capable of providing top quality services to improve the finances of its customers. Perform due diligence of your own when investing through it. Read its e-book about investing in gold IRAs. Once you are satisfied about its reputation and services, set up an account with it immediately.
Frequently Asked Questions
Should you buy precious metals?
There are many benefits of investing in precious metals. It is especially useful if you are planning a portfolio diversification. History shows that precious metals have always performed better in the long term compared to the flat currencies. The erratic stock market remains vulnerable to crashes and other risks. Precious metals have been a reliable investment option. The supplies of these metals are limited and they will remain highly valued in the future.
Precious metals are used extensively not only for jewelries but also for other applications. They have some unique properties and qualities that make them highly suitable for electronic products. Electronic product manufacturers need processed and raw precious metals for use in these products. These demands will continue to remain strong and so the demand for precious metals will also remain high. Investments in these metals allow you to distribute your investment risk. Protect your investments in the retirement funds by investing in these trusted investment instruments. Your income during retirement will be protected.
The popularity of precious metal investment has increased in recent years because many investors have lost their savings in stock market crashes. You cannot depend solely on stock investments to protect your retirement savings.
Is it necessary to time the purchase of gold?
It is better to buy gold when it is selling at a low price. It can be difficult to assess its low price data but there are many indicators that indicate the right time to buy. Most of the time, an increase in gold price is seen after a stock market downturn. Check when the next stock market crash is predicted by most financial analysts. It will help you time your purchase of gold.
Summarizing Gold IRAs in Simple Terms
Gold IRAs are self-directed retirement accounts for individuals. You can invest in precious metals like gold, platinum, silver and palladium through these accounts. These investments will help grow your retirement fund. It is an excellent alternative to traditional investments like bonds and stocks. Gold IRAs come with tax benefits similar to other pension accounts even though sometimes the fees can be higher.
Should You Add a Certain Amount of Gold to Your Investment Portfolio?
There is no single fixed suggestion for all investors in deciding the amount of gold for an investment portfolio. It depends on the specific investment goals and personal preferences. Take into account your age and see which types of investments are best for you. If you are planning to retire within a decade, it is better to avoid high risk investment options. However, if you still have about 20 years in retirement, you should include some precious metal investments.
You should have different quantities of precious metals in your investment portfolio. Closely monitor the prices of these precious metals, similar to how you monitor the prices of stocks and bonds. You will make money if you take quick decisions at the right times.
How to Own Gold?
You can buy gold coins and bars from shops dealing in bullion. Buy in person by visiting the shop or meeting the dealer. Research details of these businesses and check their reputation before buying from them. It is important to check the current gold price before scheduling any such purchase meeting. Obtain other required information as well so you can take the right decision based on your investment needs.
Majority of investors continue to invest mainly in stocks. However, there are many other investment options that deliver excellent returns. Make sure your investment portfolio includes investments in different assets. Investment portfolio diversification is highly recommended by top financial experts. It is a wise decision and helps protect your investments. You can invest in assets like gold, silver and other precious metals. Plan your investment strategies carefully to see excellent returns on your investments.
Precious metals present a good investment option. You can invest in these metals using self-directed IRAs. It will help spread your risks and stabilize your investment portfolio. It will protect you from the stock market crashes that are always a possibility. Individuals nearing retirement and those who want to access their funds when needed should hedge their investments to avoid serious losses in a stock market downturn. You will avoid big losses if you invest in different types of assets.
Investing in precious metals is easy. Reliable gold IRA investment firms make this process quick and efficient. People generally prefer coins and bars when investing in gold and silver like precious metals. This option works well when investing in gold, silver, platinum and palladium. You can diversify your portfolio further by including some cryptocurrencies but make sure you understand the risks of any investment opportunity in this emerging sector.
For safer and more secure investments, buy the bars/coins of gold or silver. You can store these items safely at home. Other safe options include rolling over your pension plan or using self-directed or gold IRA. Gold investment companies will guide you in selecting the right investment option.