By Tim Schmidt - UPDATED: November 18, 2024
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Countless companies offer gold investment options, but Goldco is the top choice for 2024. Why does it outperform its competitors?
In this article, I’ll explore why Goldco is the most popular and trusted company for gold IRAs. With over a decade of experience in the covering pre, I’ll demonstrate what makes it a top player in the market and show you why I PERSONALLY invested with my existing retirement account.
Yes, I’m an actual customer.
Investing in precious metals and having them as part of your retirement account is a huge decision. My Goldco review will help you see why you need the best partner and why this brand has you covered.
Many companies have fancy websites and make promises they can’t keep. Though you’ll see many products and services, that isn’t necessarily the only reason to trust them with your hard-earned money.
Luckily, Goldco doesn’t make vain promises. Instead, many highly trusted and popular media personalities endorse the brand, such as Chuck Norris and Sean Hannity.
Through my research, I discovered that both celebrities have invested with the brand and recommended it to their followers, friends, and family members. With many of them setting up precious metal IRAs, it’s safe to say that most Goldco is a reputable company.
Goldco Ratings
Popular personalities might have great experiences with a brand, but the everyday investor may not encounter the same service. Therefore, it’s crucial to read reviews from average people. Compared to other precious metals companies like Augusta Precious Metals, Goldco is worthy of the positive feedback it gets.
Despite a few negative reviews and complaints, Goldco addresses each customer’s concerns to ensure they receive the best experience possible.
Most complaints about Goldco focus on limited information about its free silver promotion and people receiving unsolicited calls. Still, the company resolves the issues raised.
I have many years of experience investing in this same landscape. Therefore, I think Goldco is one of the few gold IRA companies that focuses on resolving issues and concerns.
Why Goldco Stands Out
Goldco was established in 2011 and provides many services to help customers. It also offers many benefits, such as government-approved precious metals and real-time updates on market prices. Plus, the brand allows you to invest in IRA-approved gold and silver bullion/bars of varying weights.
Here are just some of the perks:
Buyback Guarantee
Through the Buy Back program at Goldco, you can feel safe and confident about the precious metals you purchase.
There are tons of precious metals available through the company. With the buyback program, you get the highest price possible.
I’ve conducted thorough research and have an extensive track record within the precious metals industry. Therefore, I know that having the choice to sell assets back to the company brings peace of mind.
Whether your situation changes or you want/need the cash, you can sell back the physical gold you purchased. This also works for palladium, platinum, and silver.
Overall, Goldco promises to offer the best buy-back prices possible and stands by its guarantee. I believe this is the top reason for Sean Hannity’s endorsement of the brand. It provides opportunities that other companies don’t.
User-friendly Website
You’ll enjoy a user-friendly website interface that’s easy to navigate. Get the information needed to understand the precious metal investment industry, and educate yourself through Goldco’s in-depth resources.
I find the free investment guides extremely helpful. You’ll dive deeper into the benefits of a precious metal IRA. The company helps to clear up misconceptions and offers answers to your questions.
Ultimately, Goldco is committed to providing personalized assistance and detailed explanations. In fact, its website is the ideal place for seasoned and beginner investors to explore the world of investing in precious metals.
Professional Assistance From Those in the Precious Metals Industry
Goldco is an experienced and reliable custodian and has thousands of happy customers because it brings understanding to the precious metals market. You can make a more informed investment decision with consultations from its team of professionals.
Precisely, this company educates clients about the advantages of rare metals IRAs so that everyone can make smarter decisions. Personally, I’ve reached out to Goldco about my investment options and enjoyed informative and seamless customer service.
Overall, Goldco guided me through the available options and helped me understand how my investments and choices would impact my financial future.
Investment Process Steps for Goldco
Because Goldco makes it easy to invest and offers support and tons of products, you may wonder how to sign up with the company. I’ve provided a step-by-step guide to help:
1. Open a Precious Metals IRA Account
You must first open a gold IRA with Goldco. In my experience, it offers a seamless and hassle-free approach. Ultimately, the company’s team will handle all the paperwork and keep you updated during the process. The transparency and assistance are great.
2. Fund the IRA Account
It’s easy to finance your gold IRA by rolling over the assets from existing retirement accounts, such as:
Other IRA accounts
Retirement savings
401(k)s
403(b)s
TSPs
3. Choose Your Gold and Silver Coins
Once you’ve funded the precious metals IRA, you can buy gold and silver for your account. You’re in full control here, and there are tons of coins and bars available for purchase.
Likewise, Goldco makes sure the gold and silver are approved for IRA eligibility, purity, and minter, allowing you to invest with no concerns.
4. Sign the Agreement
After you purchase precious metals for your IRA account, the company will share all the documents and contracts with you. Read through them, and sign to complete the transaction.
Pros and Cons of Goldco
Check out the pros and cons of partnering with Goldco:
Pros
- Specializes in gold and silver IRA investments
- Exceptional customer service
- Certified coins and bars
- Latest articles and news to stay updated about the industry
- Highest buyback guarantee in the industry
- Various types of coins to suit all types of investors
- Bonus silver for qualifying accounts
- Makes it easy to pad your retirement account with gold
Cons
- Hard to find pricing information before signing up
- No information about storage/custodian fees
- Minimum investment of $25,000 for gold IRAs
Conclusion
Overall, Goldco is the top choice in the gold or silver IRA industry. There are over 500 positive reviews on the BBB, TrustPilot, and Consumer Affairs websites, with only a handful of negative feedback. This backs up the company’s focus on providing excellent service and investment assistance to all customers.
Reading the many Goldco reviews helped me understand what it offers. I have extensive experience dealing with precious metals, and I know it’s crucial to analyze any negative criticism before partnering with a brand. You may also want to do your own research into the investing process and learn about its products and services. Consulting with a financial advisor might also be beneficial.
Hopefully, my in-depth analysis of Goldco helps you make a more informed decision about your investments.
Frequently Asked Questions
Should I Trust Goldco?
After reading my Goldco review, you know you can trust the company. It has the best customer service and has an A+ rating from the Better Business Bureau (BBB). Therefore, it’s a credible choice that offers customer satisfaction to everyone.
Can I Legally Store My Precious Metals in My Home?
No, the IRS doesn’t allow you to hold the precious metals from a gold IRA account in your home or safety deposit box.
The physical gold and silver have to stay in an insured depository, though you can withdraw and sell from there.
If you buy physical gold without the IRA, you may store it as you wish.
Can I Sell the Gold Once It’s in My Precious Metals IRA?
Yes, Goldco offers a buyback program so that you can sell the precious metals from your gold IRA account. You’ll receive better-than-market pricing through this guarantee.
About Tim Schmidt
Tim Schmidt is an Entrepreneur and Serial Investor. Since 2012 he's been an advocate of alternative investments using a Self Directed IRA. His work has been featured in Yahoo! Finance, USA Today, Business Insider, and Tech Times, among others. Get his portfolio breakdown here.
