The stock market is what most individuals would usually think about when they hear the word “invest”. As the desire to invest towards retirement grows, most people are on the lookout for opportunities that can provide them with a lower risk of losing their money. It is a known fact that the stock market does not offer much stability especially on long term investments. Therefore, diversifying and looking for alternative means to secure your future is of utmost importance.
Investing in precious metals is a better and secure alternative to ensure financial stability in your golden years. Unlike the stock market, using a percentage of your income to invest in precious metals such as gold, silver, platinum and palladium minimizes your susceptibility to the risk of losing your money.
There are various companies that deal in precious metal and can make your investment journey an easy process. As time goes by, these companies have also expanded their range to cryptocurrencies. You can check out metal-res.com for more details on the companies that offer these services.
In case you are interested in investing in a little quantity of precious metals (gold, silver, platinum, palladium), or a more substantial amount, these companies can provide you storage in a secure location. They also help in creating a self-directed IRA or Gold IRA. A gold Individual retirement account (IRA) is a type of account an investor can use to hold precious metal like gold silver etc. as a retirement investment.
There are numerous companies to choose from, this can make it difficult for you to choose which is most suitable for you. Therefore, this article will be comparing and reviewing a short list of the top 3 companies for you look out for in your selection process.
Top 3 Gold IRA Companies to Invest In
Goldco
Goldco is a company online that deals in precious metals and specializes in IRA and 401(k) rollovers. The services they provide include direct delivery of precious metals to their clients as well as to retirement Gold IRA’s and 401k’s. Leading the company is the founder Trevor Gerszt and CEO Brenda Whitman.
The services and products they offer is the sale and delivery of IRA approved gold and silver coins. They make these deliveries directly to their clients or to their Gold IRA and 401k custodians. You can also read articles explaining Gold IRA before you start investing.
Goldco does not provide any storage options for their clients, they can only assist in transporting any purchased gold or silver coin to an IRA approved depository. They do not have any preferred storage or vault partners; therefore, you are allowed to use any one of your choice. They also have a list of approved gold and silver products which you can find on their website.
Regal Assets
This is also an online company that deals in the sale and delivery of IRA approved precious metals. They have great positive reviews from their clients and have been featured in various leading financial papers like Forbes, Market watch and others; they claim to have a 99.9% customer satisfaction rate,
Regal assets is one of the companies that allows you to begin the set up of your gold IRA online, this makes your IRA set up process easy and fast. They also guarantee shipping of your precious metals under a period of 7 days. They charge no cost-on rollover or transfer fee and they also provide storage at no cost and $0 admin fee in your first year.
Gold Alliance
Gold alliance is an online precious metal retailer, they offer an extensive option of IRA approved gold and silver coins in various metal content. They have their headquarters in woodlands Hills, California. Gold alliance has been in business since 2017 and its key leaders are Joseph Sherman (CEO/Co-founder), Kevin Troy (Co-Founder/Senior Portfolio Manager) and Fred Abadi (Co-Founder/Senior Portfolio Manager).
Gold alliance places a significant priority on their client’s education and satisfaction. They provide their clients with lifetime support; they also provide them with educational materials and resources.
Gold alliance has a depository they approve, this is the Delaware depository which has a comprehensive insurance policy from the Lloyds of London. They also have an option of segregated or non-segregated storage for their customers to select from.
Gold alliance also provide a buyback program for their customers, including coins and bars bought from other companies and they strictly follow their buyback policies. One of their policies is that only coins and bars can be bought.
Some of the products that gold alliance offer to their customers includes; Gold American eagle coins in one ounce, ½ or ¼ ounce, gold bars in either one ounce or ten ounce, silver round sunshine, silver American eagle etc. For collectors they offer a wide selection of premium gold and silver coins.
Unfortunately, they lack a good pricing transparency as is evident on their website, they require their potential customers to contact them through a representative in other to make inquiries about the prices of their products and this makes it difficult to compare their prices to other websites that provide the same services.
These are some reputable companies to invest with. If you need recommendations on other investments to consider, you can read this article.
Conclusion
Getting a gold IRA is a huge step towards planning for your retirement, the benefits that comes with this investment gives it an edge over other options. Just like any other important decision you need to make as an individual you need to be properly informed in order to make the right choice. Because of the numerous amounts of companies out there that deal in precious metals, this article is here to help you filter and narrow down the list of choices you have to ma