What is Goldco?
Goldco is an award-winning precious metals investment business that helps investors diversify their portfolios with gold and other precious metals. With over a decade of experience in the investment industry, Goldco offers its clients access to physical gold, silver, platinum, and palladium coins, bars, and rounds. The company also offers self-directed Individual Retirement Accounts (IRAs) for those looking to invest in gold and other precious metals as part of their retirement plan.
In this article, we’ll take a look at what Goldco has to offer and how they can help you make informed decisions when investing in precious metals. We’ll discuss the types of investments available through Goldco, the benefits of investing in gold and other precious metals, and the criteria for creating your own gold IRA.
Types of Investments Available Through Goldco
Goldco provides investors with a wide range of options when it comes to investing in gold and other precious metals. From coins and bars to rounds, Goldco offers both physical delivery and storage services.
The most popular form of gold investment with Goldco is physical gold coins, which are available in sizes ranging from 1/10th of an ounce up to a full ounce. These coins come from reputable mints around the world and are made of 999.9 percent pure gold. The coins can be purchased in single units or in bulk quantities and can be held personally or stored by qualified custodians approved by the U.S. Treasury Department.
Goldco also offers silver, platinum, and palladium coins, bars, and rounds. Silver products are available in sizes ranging from 1 gram up to 10 ounces, while platinum products are available in sizes ranging from 1 gram up to 10 ounces. Palladium products, on the other hand, are only available in 1 ounce size.
Investors can also purchase fractional gold and silver coins, which come in denominations of 1/20th oz., 1/10th oz., and 1/4th oz. Fractional coins allow investors to buy smaller amounts of gold and silver than traditional coins, making them a great option for those just starting out or wanting to add small amounts of precious metals to their portfolio.
Benefits of Investing in Gold and Other Precious Metals
Investing in gold and other precious metals can provide numerous benefits. Here are a few of the key benefits:
- Protection Against Inflation – Gold has proven to hold its value against inflation, meaning that it does not depreciate as quickly as stock market investments do.
- Diversification – Gold and other precious metals can help diversify an investor’s portfolio, reducing risk and providing more stability.
- Portability – Since gold is a tangible asset, it can easily be bought and sold, moved, and stored.
- Tax Benefits – Gold and other precious metals may qualify for tax advantages in some jurisdictions.
Creating Your Own Gold IRA
Goldco makes it easy to create and manage your own gold IRA. To get started, investors will need to complete a Gold IRA rollover form. This form allows Goldco account holders to transfer funds from one IRA or 401(k) into a self-directed Gold IRA.
Once the form is completed and received, Goldco will contact the current custodian for verification of the assets. After the request is verified, the process of setting up the Gold IRA is underway. Goldco will set up the account and handle all the paperwork, including application fees and annual maintenance fees.
When setting up a Gold IRA, investors will need to choose between buying physical gold and silver or ETFs backed by precious metals. Physical gold and silver products can give investors control over their investments, allowing them to store the products, trade them, or even use them as collateral for loans. ETFs, on the other hand, provide liquidity since they can be bought and sold like stocks.
Once the Gold IRA is set up, investors can start adding funds to the account and purchasing precious metals. All purchases must be made via wire transfer or check. Goldco also offers storage services for precious metals purchased through the Gold IRA.
Goldco is an experienced and trusted precious metals investment firm that helps investors diversify their portfolios with gold and other precious metals. The company offers a wide selection of gold coins, bars, and rounds as well as silver, platinum, and palladium products. Goldco also provides self-directed IRAs, allowing investors to establish an account and purchase physical gold and silver. Finally, the company offers storage services for those who purchase physical gold and silver through the Gold IRA.