Posted By Ziga Breznik, Last updated: April 24, 2020
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If you’re looking for a great way to diversify your portfolio when it comes to building wealth for your future, then you’ve probably considered investing in precious metals before. The right precious metals can offer a powerful hedge fund against somewhat unpredictable investments in stocks and currencies. All you need to do is find a company that can help you to develop the right retirement strategy with your gold and silver plus other products.
Goldco Direct is one of the leading companies capable of offering you long-term investment strategies through gold IRAs. Headquartered within the Woodland Hills of California, this company specializes in supporting all of your needs for gold and silver delivery. They also offer a handful of additional services for investors too.
Originally launched in 2006, the Goldco direct brand is one of the leaders in the current marketplace, and it continues to offer fantastic opportunities for those in search of asset diversification. This company is one of the handful of precious metals companies that is accredited by the Better Business Bureau, and it has one of the highest ratings on the market too. We also have a full list of available precious metals IRA companies which you can find here.
They offer both precious metals IRAs and direct purchases. Products available from Goldco are forms of precious metal IRAs that have been split into silver and gold to help diversify and protect wealth. It’s worth noting that Goldco only acts as your broker for purchasing and selling your metals – they don’t become the custodian of your IRA account. However, the company guides you through filling and getting the right application with a custodian (the process is easy and straightforward).
Setup fees for IRAs
Bank Wire Fee
$150 for segregated
$100 for co-mingled
Goldco helps clients to purchase coins and bullion that are already IRA approved, for inclusion in IRAs for precious metals. Those purchases are also coordinated with the appropriate storage facilities and custodians. You can also get help with things like rolling your existing requirement accounts into IRAs for precious metal.
Choosing the perfect investment opportunity isn’t just finding the most diversified portfolio option. You also need to consider how much you will need to pay on your account. For instance, Goldco will charge you a fee up front of $50 for opening your precious metals IRA.
From there, you’ll have other expenses to consider, including:
There are a lot of positive things to love about the company. For instance, you get the benefit of a BBB accreditation, which GoldCo has had since 2012. Being accredited by the bureau doesn’t always mean that a company is great, but the company has maintained a rating of A+ consistently over the last several years.
GoldCo’s positive reputation among potential retirement investors helps it to stand out for all the right reasons in the current marketplace.
It’s worth noting that the pricing for precious metals is pretty good too. Considering what you get from the company, the setup fee and the other costs are very reasonable. Plus there are plenty of deals to help you get started.
Although GoldCo precious metals is a great option for many investors, it won’t be the perfect solution for all people planning on exploring the benefits of a precious metals IRA. For instance, there’s very little feedback on the web from real customers who have experienced this business for themselves.
Since most investors will prefer to check out the reviews and testimonials left by other customers before spending their money on any wealth-building strategy, the fact that there aren’t thousands of reviews could be alarming for some.
While this is true, we found:
Additionally, the website seems to lack a few minor details. For instance, there’s not a lot of information about whether you can work with a custodian or not.
The more information you can find on a website, the more confident you’re likely to feel when using that company for your investment strategies. Judging by all the positive reviews found on other trustworthy third-party sites – confidence shouldn’t be an issue.
So, should you be spending your money on an investment opportunity like the one offered by GoldCo? Well, that all depends on you. There are a lot of positive features to like about this company, including a wide range of services and products to choose from. However, some people won’t like how little information they can actually access on things like IRA custodians.
On the plus side, the company has a lot of strong reviews from websites around the world. These claims are backed by a lot of the biggest websites like BBB, BCA, Trustlink, and Trustpilot with customer reviews to back that positive reputation up with. We’d recommend requesting a free gold IRA kit at GoldCo website or call one of their representatives. Additionally, make sure to ask about custodians and storage for your precious metals.
Still have questions about whether or not you should be investing with GoldCo?
The following questions might jut give you the extra information that you need.
We are here to help investors make the best possible and smart decisions when it comes to IRAs, cryptocurrency and online brokers.
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