Goldco Review

Turning on the news or the radio lately seems to bring nothing but bad news about the economy and the stock market. If you're getting tired of the current rollercoaster ride that your investments have been going on, now may be the right time to diversify your portfolio. Investing some of your hard-earned money in precious metals can help you achieve this goal.

Out of all of the precious metals investment companies out there—and there are a ton—Goldco stands out as one of the best to work with. If you'd like to learn more about Goldco and what they have to offer, you're in the right place. We're here today to help you decide if Goldco is the best company for you.

If you're looking for the best precious metals provider to help you purchase gold or silver or set up a Precious Metals IRA, we Goldco is one of the best companies to help you achieve these goals. Founded by Trevor Gerszt in 2006, Goldco is one of the most respected companies in the industry. Gerszt started Goldco with the goal of helping each client learn how to diversify their portfolio with precious metals and to help them make the right investment decisions for their financial objectives.

The team at Goldco is experienced, knowledgeable, and professional. They can help you with any of your precious metals investment needs, including purchasing gold or silver for a personal investment, opening a new Gold IRA, rolling over an existing retirement account into a Precious Metals IRA, and more. 

Not only has Goldco earned the highest ratings possible from the Better Business Bureau and Business Consumer Alliance (A+ and AAA, respectfully), they have also earned high praise from their past customers. If you take a moment to check out review sites, such as Google or Trustpilot, you can read about the positive interactions and experiences customers have had with Goldco and why the vast majority of these customers would recommend Goldco to others. 

Why Invest in Precious Metals with Goldco?

Before we get into more specifics about the products and services offered by Goldco, let's take a small step back to discuss investing in precious metals. If you're still on the fence about whether adding precious metals to your portfolio—either through an IRA or as a personal purchase—is right for you, there are a lot of potential reasons you'll want to get started soon. 

First, gold and silver are valuable precious metals. They aren't the new 'hot' thing that is likely to go out of style in a few years. Rather, these metals have been highly coveted for centuries across the globe. Knowing this should provide you with the peace of mind and confidence that your investment in precious metals will continue to be valuable in the future when you're ready to cash it in. Can the same thing be said about some of the other investment options out there?

Moreover, investing in precious metals allows you to diversify your portfolio. No one is telling you to pull all of your money out of the stock market, but rather to move some of it to be held in precious metals. When you do this, you will be less poorly impacted and affected by market drops or even crashes. On the other hand, if all of your money is held in the stock market, the personal impact will be felt deeply should the market plummet. 

Gold and silver offer a wide variety of uses, which helps to contribute to their value and stability as an investment. Beyond some of the more obvious uses, including making jewelry, gold and silver can be found in different types of products. For example, silver is being increasingly used to help facilitate different advancements in technology.

When you're ready to cash in your investment, finding a buyer for your precious metals should be simple. Gold and silver are highly liquid, and you won't need to search high and low for someone to purchase them from you when you need to access funds. 

Opening a Gold IRA with Goldco

One of the main services offered by Goldco is helping their customers set up a Gold IRA. If you aren't familiar with Gold IRAs, they are a type of Self-Directed IRA that allows you to hold precious metals in a retirement account. As with traditional IRAs, Gold IRA holders also enjoy a wide array of tax benefits.

With a Gold IRA, you get the opportunity to diversify your portfolio by holding some of your assets in precious metals. As explained above, this offers a range of benefits, including protecting you against stock market volatility. 

One whole section of Goldco's website is devoted to Gold IRAs. This page outlines more information about the benefits of a Gold IRA, how to fund your account, and the specific coins and bars that can be held in a Gold IRA (we'll share more about this below). 

In addition to opening a Gold IRA, you can also work with Goldco to open a Silver IRA. As you can probably guess, a Silver IRA allows you to hold silver in a retirement account. The steps for opening a Silver IRA are the same as those for opening a Gold IRA.

You may also have heard of Precious Metals IRAs. This is an umbrella term that refers to an IRA that holds any type of precious metals—including gold and silver. If you want to add both gold and silver to your IRA to further diversify it, then a Precious Metals IRA is the way to go.

IRA Rollovers and Transfers

Goldco can help you rollover or transfer your current retirement account into a new Precious Metals IRA. Many account types are eligible for a rollover, but you can reach out to a Goldco team member to determine whether your specific account is indeed eligible. Some account types that may be eligible include traditional and Roth IRAs, 401(k)s, 403(b)s, 457s, TSPs, and pension accounts.

If you decide you'd like to initiate a transfer or rollover of your current retirement plan, Goldco has worked hard to keep the steps as simple as possible. These steps include: 

Adding IRS-Approved Coins and Bars to Your IRA

You can't simply add any gold or silver pieces to an IRA. They must meet the various regulations that have been set by the IRS. These regulations specify minimum purity levels for each type of precious metal. Any gold coins or bars are required to be at least 99.5% pure in order to be held in an IRA. The one exception is the American Gold Eagle Coin. Despite its purity level of 91.67%, you can still add this iconic coin to a Gold IRA. 

Below are some of the different gold coins and bars you may be able to add to your new account if you work with Goldco. Remember, if you have questions about which coins are best for your specific circumstances and goals, don't hesitate to reach out to a Goldco team member for some expert advice. 

Gold Coins

Gold Bars 

IRS regulations are also in place regarding the purity level of silver coins or bars. These pieces must be at least 99.9% pure to be held in an IRA. Below, you'll find some of the different silver choices available to Goldco customers.

Silver Coins

Silver Bars

The IRS has strict rules in place regarding storing precious metals for an IRA. In almost all instances, individuals are not allowed to stores these metals at home. They are required to be stored in an IRS-approved depository. 

When you work with Goldco, you'll have a few different IRS-approved depositories to choose from. One of these choices is the renowned and trusted Delaware Depository.

Storing your precious metals at the Delaware Depository should provide you with absolute peace of mind that your investment is secure and will be ready when you are ready to retire and begin taking disbursements. 

The Delaware Depository employs state-of-the-art measures and security protocol to prevent theft, damage, or loss to your investments. Additionally, all precious metals at the depository are protected by a full-coverage insurance policy underwritten by Lloyd's of London. This adds an additional layer of confidence that your investment will be secure. 

Goldco is currently running one of the best promotions for their IRA customers. When you work with Goldco to set up a Precious Metals IRA, you can earn free silver. Qualified IRAs will receive 10% back—or up to $10,000—in free silver. This is an amazing promotion and one that can really help you build your wealth and increase the percentage of precious metals in your portfolio. 

Purchasing Gold and Silver as a Personal Investment

In addition to opening a Gold or Silver IRA with Goldco, your other option is to purchase gold and silver coins and bars for a personal investment. You may choose to do this instead or setting up an IRA or in addition to opening the IRA to further increase the percentage of gold and silver held in your portfolio. 

If you'd like to purchase gold or silver, reach out to a member of the Goldco team. You can also complete the form found under the 'Contact Us' page of the website and someone will get in touch with you.

News and Articles for Investors

Keeping up with the latest news regarding investing in precious metals can be a challenge. Moreover, if you're new to investing in gold and silver, you may still want to learn more about why these precious metals are seen as such a good investment.

Fortunately, Goldco has an entire section of their website which is dedicated to sharing important market insights, helpful information, and other resources to help investors—both new and seasoned—stay on top of what is going on. 

A few of the useful article topics include:

Request a Free IRA Guide

Do you like what you've heard about Goldco so far? Would you like to learn more about working with the company and setting up a Gold IRA? Goldco offers a Free IRA Guide to their potential clients to help you decide whether investing in precious metals is the right path for you. You can request a copy of the free guide by completing the interest form on the website.