Goldco Review

Sticky / June 7, 2021 / Admin

Gold Coins

Expert investors realize that Goldco is one of the top gold IRA brokers in business right now. This company has a great reputation for selling valuable precious metals to IRA investors. They are looked upon as one of the top agents in this field, and rightfully so, because they’ve been in the business for many years and their reputation is earned.

Why are they so popular? First off, they have a phenomenal customer service staff that helps their future retiree customers develop a diversified portfolio. By investing in precious metals, you’ll have an opportunity to minimize the downside of the volatile crypto and stock markets, which can cause your portfolio to zip up and down and whipsaw all over the place.

As someone interested in investing in precious metals, doing business with Goldco is the right idea because they’ll help keep your retirement portfolio safe and protected. This means you don’t have to worry as much about securing your retirement future the next time there’s a major market crash.

Believe it or not, if the stock market does eventually crash again, your gold investments will accumulate serious value because the price of gold tends to rise when stocks suffer.

Are you ready to start your Goldco precious metals IRA investing journey? If not, continue reading to discover why I feel this company can help you a great deal, and this is especially true when helping you set up your gold IRA account.

How Does Goldco Rank with Peer-Reviewed Websites Online?

Actually, Goldco is well represented on the top online peer-reviewed websites like the Better Business Bureau, the Business Consumer Alliance, and Trustlink. In fact, this GoldCo Review posted on IRAInvesting.com shows Entrepreneur Tim Schmidt giving it his full endorsement. This really bolds well for the company because it shows that they have an excellent reputation in the financial services industry and seeing every day, hard working people come out and talk about it is pretty cool.

Even more important, I want you to know that they have excellent ratings and rankings on each one of these websites too. This is a recipe for success, and it proves that their reputation far surpasses many of the other gold brokers in this business.

There ratings and reviews stack up as follows:

Business Consumer Alliance a.k.a. BCA – AAA rating
Better Business Bureau a.k.a. BBB – A+ rating
Trustlink – 4.8 out of 5 stars

As you can undoubtedly tell, the great ratings that this company has acquired is no laughing matter because it shows that they keep their customers happy and satisfied. These positive reviews prove that they go beyond customer expectations. And having such a high rating on all three websites is something to truly be proud of.

Can I Buy Every Type of Precious Metal or Are There Certain Rules That I Need to Follow for a Gold IRA Account?

The interesting thing about Goldco is they sell a wide variety of precious metals including gold, platinum, palladium, and silver. Many of their precious metals investments do not qualify to become a part of a gold or precious metals IRA.

But at the same time, they have a section on their website that tells you all about gold IRA investing and it provides access to some of the top investments for these accounts.

To make life a heck of a lot easier on you, I’ve also decided to share the names of a few of the more popular and well-respected gold and silver IRA coins and rounds.

Gold Bar

The investments to consider for this type of account are as follows:

Canadian Silver Maple Leaf Coin
Austrian Gold Philharmonic Coin
American Silver Eagle Coin
Mexican Gold Libertad Coin
Golden State Mint Gold Round
and other great investments

Does Goldco Have a Precious Metals Buyback Program in Place?

You might be thinking, “Why is it important for Goldco to have a buyback program in place?” Well, you obviously haven’t thought this through.

You see, a buyback program is not only valuable, but it’s incredibly necessary to have one in place in case you need to sell your precious metals quickly. The gold broker will buy them back from you at fair market value, and pay you faster than just about any other broker on the planet because they’ve done business with you before.

What constitutes a buyback program? This type of program is put in place by the gold dealer. They agree to repurchase your precious metals investments at the current going rate. And they usually agree to pay their customers for their precious metals within 24 hours of receiving them from the depository.

What does this mean for you? It means that if you find yourself in a serious bind and need money fast, you can sell some of your precious metals investment and get the money very quickly. It won’t happen overnight, but it should be in your account in less than a week, which is pretty great if you ask me.

Fee Schedule for Goldco

Some people do not realize that there are fees involved with a gold IRA account. The companies that maintain your account expect you to pay upkeep, storage, and maintenance fees throughout the year, on an annual basis. You wouldn’t want Goldco to neglect your account, right? I didn’t think so.

So, you can expect to pay the following fees that are broken down in line-item fashion:

Setup fee – $50
Storage fees – $100-$150
Gold IRA minimum purchase to open an account – $25,000
Co-mingled storage – $260
Segregated storage – $310
Invest $50,000 or more – first year fees are waived
$3500 is required to make a non-IRA purchase
$50,000 or more precious metals purchase – 5% cash back

And that’s everything regarding annual fees and other expenses. These fees may change over time, so check in with Goldco to keep up to date.

Related: Check out how Goldco compares to Augusta Precious Metals.

Final Thoughts

As someone interested in investing for retirement, it’s absolutely crucial to find a gold broker that you can trust. And it’s even more important to invest in a gold IRA account. This long-term account will provide staggering tax breaks that will help you grow your wealth by leaps and bounds through the years.

Doing business with Goldco is a great idea. They are a solid company with an excellent reputation in this industry. You can’t go wrong with their account specialists, customer service staff, and their willingness to go above and beyond for their customers.

Precious Metals Brokers

Why Consumers Flock to the American Buffalo Gold Coin

June 10, 2021 / Admin

American Buffalo Gold Coin

As the title says, many Americans and consumers all around the world tend to flock to the American Buffalo Gold coin. And there’s good reason for this to take place, because as you can imagine, there are serious advantages to owning this specific coin.

How so? Well, not only is it incredibly popular, it also has a very high purity grade. This purity level means it’s almost entirely made of pure gold. And even better, it has a beautiful design, so this is a prized possession of coin collectors, investors, and everyone in between.

Keep reading to discover more about the American Buffalo Gold coin and learn why it’s such a hot commodity.

This Gold Bullion Coin Is Approved by the IRS for Precious Metals IRA Account

It shouldn’t surprise anyone to learn that gold IRA account holders are definitely in love with the American Buffalo Gold coin. Although many versions of this coin aren’t necessarily rare, they are approved by the IRS for your precious metals retirement account.

What does this mean?

It means that you can open a gold IRA and purchase American Buffalo Gold coins for this account, that will grow in value over time – many years in some cases – and then you’ll cash in and begin taking distributions once you reach 59 ½ years old at retirement age. This is a great way to grow your wealth very quickly throughout the years by investing in these valuable and highly sought-after gold bullion coins.

Because let’s face it…

In the grand scheme of things, there aren’t too many IRA approved gold, silver, platinum, and palladium coins to choose from since the approval process is very strict. So, it makes sense that investors would choose a highly respected American Gold coin to add to their retirement account coffers, since it has received approval, it’s very valuable, it’s incredibly pure, and it’s highly sought after as well.

Remember this: when you open a precious metals IRA account, you need a minimum of $5000 during the initial deposit to get started. Some precious metals brokers require even more money, but $5000 is a minimum requirement.

And whenever you make a subsequent purchase, you’ll need to purchase in $1000 increments, so that’s another important aspect to know about this type of retirement account.

This Gold Bullion Coin Meets IRS Purity Requirements

According to the IRS, their strict rules regarding physical gold for a gold IRA are as follows: the purity level must be 0.995%. If the gold coin does not meet this purity requirement, then you are not allowed to own it as part of your gold IRA account for your retirement.

Guess what?

The purity levels of the American Gold Buffalo, originally minted in 2006, is 24 karat and .9999, which is more than the requirement set forth by the IRS.

So, if you’re looking for a high-quality gold investment to add to your retirement portfolio whether it’s a gold 401(k) or a gold IRA, you definitely have the ability to add the American Buffalo Gold coin because it meets all purity expectations.

As a matter of fact, they originally created it in the West Point mint in 2006 specifically for gold IRA account holders, because they made sure it had the right level of purity to be considered nearly pure.

Isn’t that great for gold IRA investors? I certainly believe it is.

Gold Coins

The Value of Gold Bullion Is Going through the Roof Lately

Even more important, gold investors looking to boost their retirement accounts need to realize that this is one of the hottest commodities going right now. The price might not swing wildly like cryptocurrencies, but it steadily gains value without all of the stress and turmoil that you’ll experience in the cryptocurrency market.

As an example, over the last two years the price of gold has risen from $1200 an ounce to nearly $1900 an ounce and climbing. I don’t know about you, but I would surely welcome a nearly 59% return on my investment in just two years.

Would you?

I certainly hope so because this is a massive return and it’s a great way to make a lot of money to enjoy in your retirement.

But forget about the short-term gold prospects, which are really amazing. You have to consider that over the last 50 years, the value of gold has risen by about 400% or more.

This is the kind of investment that I personally love. It’s the kind of investment that I can purchase, forget about it for a while, and feel confident knowing that my investment is going to be worth a lot more money by the time I need to cash it in to support myself in retirement.

And if you would like to feel this way too, the opportunity is available to you as well. Just open a gold IRA account, deposit a minimum of $5000, and begin to purchase American Buffalo Gold coins and other IRA approved coins for this account. You can do that with the company we review here. They will grow in value by a wide margin by the time you’re ready to retire, unless you plan on retiring very soon.

And finally…

Gold Is a Highly Sought-After Hot Commodity

Why is gold being highly sought after important? It’s critical because it means gold will continue to grow in value over time.

How do I know?

First, gold miners are finding less and less gold each year. This means there is a limited amount of gold left in the world, so this is a rare and precious commodity.

Because it’s rare and precious, many people including large countries want to get their hands on it. Since gold is one of the most respected forms of legal tender throughout the world, it makes sense to stockpile this beautiful precious metal and have it on hand in case you need it.

At the end of the day, many people want to own gold, it’s gaining value every day, and the American Buffalo Gold coin is well-respected and one of the top investments for gold IRA investors in the United States. You can’t go wrong purchasing this wonderful precious metal.