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.
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.
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.