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GOLDCO PRECIOUS METALS REVIEW
GOLDCO PRECIOUS METALS REVIEW
Overview
5/5
A+ BBB Rating
Average TrustPilot Review Rating 4.9 - 5
Are you worried about a possible financial and economic crisis? Protecting your finances by investing in alternative assets is one of the best things you can do to stay afloat. However, most people get stuck at how they can do it and who can help them achieve it.
At the end of it, you will save yourself many sleepless nights, unlike when your finances face a lot of uncertainty.
If you would like to undertake this process, then a specialist company such as Goldco should be your go to choice. There are several main benefits of working with a professional company, including avoiding scams that may cause financial losses.
The future may be uncertain; precious metals are not. Precious metals are a secure way to keep an eye on retirement savings through economic fluctuations.
Think about it: precious metals have been around for hundreds of years and will be here for hundreds more. If you are looking for a static object in time to invest in, precious metals are what you are after.
Stocks and bonds are widely variable and take a lot of time. Money in a bank account can lose value thanks to inflation. Precious metals are simply the best way to store your retirement fund in safety.
Goldco is a company of precious metal specialists who help facilitate the purchase of precious metals. They offer many ways to keep your retirement security for the long haul. From gold and silver to self-directed IRAs, to crypto bit coins there is something for everyone.
Many would be suspicious of this offer. After all, you do not trust your financial future with just anyone. If you are intrigued but cautious, this review is for you.
Learn everything you need to know about Goldco
If they are really the best for your financial future, you do not want to miss this opportunity to invest.
Quick Summary
Account Minimum: $20 -$25K
Fees: $175-$225 per year
Promotion: Goldco give you 5%
back on metals over $50,000
Goldco Overview
What Is Goldco
Things That Impact The Price Of Gold
How Goldco Can Help You
Goldco is a company dedicated to protecting retirement funds by allowing customers to roll over qualifying funds into a sustainable and safe IRA.
Since the company started back in in 2006, Goldco has helped thousands of people diversify grow, and protect their wealth by investing in physical metals like gold, silver, platinum, not to mention palladium and now crypto.
Goldco prides itself on delivering excellent support for its customers and and is well known among the investing community for its high end service and top educational resources.
Trevor Gerszt Co founded Goldco and it’s headquarters in Woodland Hills, California.
The Inc. Magazine actually named it as the third quickest growing financial services company in the United States in 2015.
Also the Los Angeles Business Journal named Goldco as the 17th fastest-growing business in the Los Angeles Area.
Goldco’s aim is to help hard working Americans protect their investment retirement accounts by protecting them from the stock market being unstable and inflation by investing in precious metals.
More About Goldco
Goldco is a top precious metals dealer who has experts in the field of precious metals IRAs, it has grown to an industry leader rivalling other big names.
They pride themselves in making the investment journeys for thousands of Americans easy with their simple investment model that offers real value. Some of the principal metals that they help people to invest in include gold and silver platinum and crypto bit coin, depending on customer preference. However, you will need an expert to help you determine the recommended strains of these precious metals.
They also sell these metals to consumers who are not looking for investment opportunities. Therefore, their services are not exclusive to people interested in IRAs.
Check out What They offer
As mentioned earlier, Goldco is a household name in the industry, along with many other brands that are now rivals. The Goldco Precious Metal experts provide a simple process that they have provided to their clients for the past 14 years.
Firstly, They help their customers invest safely in these tangible items, and secondly, sell and deliver to clients' homes. Letting them have an in-depth look.
Precious Metal IRA's
They follow the IRS regulations to provide their clients with the best and safest investment opportunities in America. The IRA law allows income earners aged 70 ½ and below to invest in IRAs.
They store their clients' preferred metals with a 3rd party and ensure that their investment remains secure for as long as possible, or until they are ready to withdraw
Direct selling of precious metals
The company also sells the precious metals they have directly to clients. There are no age limits or other regulations for people that would like to buy these metals. Therefore, you can approach them with your budget and walk away with gold or silver. You can also choose to purchase and keep it securely in a vault.
Cryptocurrency IRAs
Goldco has an associated sister company, named CoinIRA, which can offer cryptocurrency IRAs for those investors who are interested in the world of digital currencies.
Understanding precious metals IRAs
There are several options people have when it comes to setting up Individual retirement accounts. It is your objectives and goals that dictate the route that you take when it comes to investing. However, precious metals IRAs have proven to be among the safest and most preferred options recently.
With a self-directed IRA, you have the power to choose where to put your money. While stocks, mutual funds, and bonds are common investment routes, you can also diversify by adding precious metals to your investments. It is unlike standard IRAs that limit you to a few investment options.
When investing with Goldco, you can choose either gold, silver, or even both. However, the fact that you can withdraw at age 52 ½ is one of the most significant reasons for choosing their investment methods.
However, you need to be aware of changes in market prices for the metals they deal with within the company. The fluctuations are due to changing economic times, but the natural price floor of metals like gold makes them safe for investment.
Invest in IRA approved metals only
Unlike most rivals, they focus their energies on providing you with the best and no lesser. One way they have managed to do that is by providing their clients with IRA approved metals.
Therefore, you should expect the silver and gold offerings to be of sound standard and quality.
Goldco storage
One of the common questions about their services is the storage of gold or silver. They have already mentioned that you cannot keep these metals in your home; otherwise, they cease to be part of your IRA. Also, you cannot keep them with Golco as they do not offer storage either.
One thing to do is to use a secure third-party depository. Although the company do not have preferred companies when it comes to storage, they will recommend using reliable ones. Most of the nationally known companies can provide you with proper and secure storage.
You can then contact them on your decision about a preferred repository that is also IRA-approved. The company will then transfer the gold or silver to the vault. That way, your investment will remain secure and part of your IRA according to our investment regulations.
If you would like some suggestions on the most trusted vaults by Goldco customers, you can check out Brinks storage in Salt Lake City or IDS in Delaware.
IRS Regulated IRA Precious Metal Storage
The IRS regulation, states that you have to store IRA precious metals such as gold and silver at a regulated fully approved third party depository.
Goldco only uses the best Precious metal storage providers in their industry making sure your precious metals stay safe. The prices and fees below can fluctuate therefore it is advisable to obtain a quotation prior to purchasing your precious metals
Storage providers
Delaware Depository
Brinks Salt Lake City
IDS Texas
Type Of Storage
Non-segregated
Non-segregated
Segregated
Storage Annual Cost
$100
$100
$100
Goldco Fees & Prices
Storage of purchased metals at Goldco attracts annual storage fees, depending on the type of room storage. You will pay $150 to the company for segregated storage and $100 for non-segregated. Besides, they will charge you $80 as a maintenance fee for the same period. You will pay $50 more on maintenance fee when your account grows to over $100, 000.
Also, you should expect to incur some one-time-charges while setting up your account. For a start, you will have to deposit $50 into your IRA to act as an activation fee. You need to know that you will get charged $30 for every deposit as wire transfer fees.
Goldco fees
Investing with Goldco is an inexpensive venture as the fees they charge are very friendly.
To start with, you will have to pay $50 as initial set up fees for your IRA. That is one of the least initial account fees that you may pay for an IRA in the US. Also, the annual admin fee stands at $80, which is among the cheapest options to take.
As mentioned, you have to pay for storage at Goldco. Non-segregated account holders pay $100 every year while segregated account holders pay $50 more. Remember, the minimum purchase price stands at $25, 000 both for gold and silver.
It is essential to remember that non-IRA transactions do not attract any one-time, annual maintenance and storage charges. The Delaware depository and Equity Trust Company custodian remain our significant preferences.
Company Fees For Precious Metal IRAs
The minimum amount you can deposit is $25, 000 as a new customer. However, They can review it in some circumstances. After adding all these charges, you will have to incur up to $260 to register a non-segregated account for your first year. Then you will incur an additional $180 annually for the renewable charges.
Fees For Non-IRA Transactions
Thats Correct zero fees for non-IRA transactions. You cant argue with that can you.
Buyback program
According to the IRS, this should start when you reach 72 years old. At Goldco, we provide you with two significant ways to liquidate your investments and withdraw your finances.
The first option is selling the coins to a coin dealer or someone else who wants to buy the silver or gold. Well, this is a great option, but sometimes you may not get the returns you desire. Buyers may be unwilling to buy at your price or have to wait longer before getting an offer. Therefore, it may not be a great option if you need to sell urgently.
Second, you can sell the coins back to Goldco. Therefore, you can sell at a better price with this option and also sell quickly.
What do people say about Goldco?
Investment is a serious topic that you should never downplay in importance. Therefore, you need to be careful about where and when to put your money. That is especially when dealing with a company or individual. Consequently, it is necessary to do background research on Goldco before you decide to transact with them.
Goldco's industry reputation is phenomenal because of the top-quality level of service that they offer. Reviews do not lie, and the positivity about their company says a lot about what to expect. Despite being a leading industry player for 14 years, you will struggle to find a negative review of their services.
They have also gotten some huge ratings from companies and personalities. For example, the Better Business Bureau and Business Consumer Alliance all gave a AAA rating to their services. They have 243 positive reviews on trustlink and 206 others on Consumer Affairs, thus attracting a 5-star rating on both platforms.
They also got endorsed for silver and gold IRAs by Ron Paul, a former US presidential nominee. With all these reviews and ratings, you can never go wrong with Goldco.
PROS & Cons
Pros
Cons
Final Thoughts:
The uncertainty surrounding the financial times we are in makes it challenging to feel safe about your finances. Losing what you have, especially when nearing retirement and becoming more unproductive, is one of the worst experiences.
However, they have come up with solutions to protect your future by diversifying your investment. Goldco services will give you great investment options at affordable fees.
Starting Your Investment Today With Goldco
Complete guide on how to get started with Goldco today
To contact the customer support representative Click Here to start your account proccess firstly fill in the enquiry box and the support agent will contact you ASAP
Step 1.
To contact the customer support representative Click Here to start your account proccess firstly fill in the enquiry box and the support agent will contact you ASAP
Step 2.
After you have contacted the customer support representative by leaving your name and contact details you will recieve your Free Goldco guide to investing followed by a courtesy call from the Goldco representative to see how Goldco can help with your enquiry.
Step 3.
After talking with the Goldco representative and you are pleased with what Goldco are proposing and wish to continue. The Goldco IRA Specialist will ask you for more information required to complete your application.
Step 4.
After you have completed your Goldco application you will be contacted by your dedicated account Executive who will advise and help you choose the best precious metal to transfer to your IRA Account.
Well That’s it Folks
Goldco will transfer your precious metals to a depository within a few days providing they are stock items otherwise it may take upto one month for the stocks to be aquired. to get started today? Request your free Goldco Investment guide.
Contacting Goldco Customer Service?
Customer services help line
If you do have questions relating to investing with Goldco, or any problems relating to your account setup, there are a few ways you can contact there customer service department.
You can contact them for inquiries and other topics. Their California Headquarters open Monday to Friday from 7:00 am to 4:00 pm pacific time zone.
There is also a contact form on their website to submit them an email at info@goldco.com. If you need urgent assistance, call them on (877) 589-1229, and their representative will respond quickly.
Also, feel free to use their Facebook and Twitter social accounts to interact with them.
Understanding How a Gold IRA rollover Works
As mentioned earlier, a self-directed IRA does not limit you on what to do. That includes the freedom to transfer your funds to an IRA without any penalties or taxes. That allows you to secure your investments by converting all your funds to gold and securing your future.
The best thing about IRA nowadays is that you also do not have to convert all your funds into gold investment. You can do a partial 401(k) rollover and leave part of your finances in the account. That means a more significant part of your investments can be safe from inflation and the overall changing economic times.
Although the process may difficult, especially in identifying IRA approved gold, their experts will be available to offer a helping hand. The rollover process is simple, and you will start by filling out a form with your contact information, and their representative will reach out to you.
They will then guide you to open an account at Goldco, fill the required forms, and start transferring your finances. Then they will take you through some of the options you have when it comes to precious metals. You will choose what you prefer, and we will transfer it to a secured vault.
Customer education
Understanding various aspects of IRAs can be challenging, but Goldco makes your education a priority. Goldco has a section on the website dedicated to providing educational materials that can help you decide what is best for you.
They have articles, e-books, and videos on some hot topics like
• 10 Reasons the Dollar Will Crash
• Five Threats to Your Retirement
• How to Buy Gold and Silver
Why Goldco best Investing
There are several types of investors who can find Goldco an excellent option for their needs. First, it is suitable for people that would like to own substantial investments. Precious metals are tangible and an excellent addition to an investor's portfolio.
People that fear a financial crisis, especially those nearing retirement, will also find Goldco suitable. That also includes those that would want to protect their finances from the volatile economy. If you fall into any of the mentioned categories, then you should consider Goldco services.
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