How to Invest in Gold, and Why It Is Your Best Option

Why Gold?

Did you know that you have the power to turn your nest egg to gold? Making an investment in gold is a smart thing to do ahead of retirement because it is not as risky as other assets. Paper assets like stocks, bonds, mutual funds, and most investments on the NYSE, Nasdaq, and other stock exchanges are generally more volatile in terms of maintaining wealth. Gaining access to the physical gold market means that you can feel confident about building your nest egg rather than worrying about the stock market’s whims. If you’re considering gold as an investment by starting a self-directed IRA, request your free guide or call us to speak with an expert to learn about how to invest in gold, diversify your retirement, and have peace of mind.

IRA-Approved Gold Coins: The Best Way to Invest in Gold

The prices change constantly, and you can’t guarantee that the gold price will stay the same for a day. This isn’t a bad thing as an investment in gold offers major profit potential because the gold market is very active. Traders are constantly on the lookout for new gold investing opportunities. For the best chance of making money with a physical gold IRA, diversify with coins like the Gold Lunar Year of the Rooster or the Gold Australian Saltwater Crocodile.

See the full list of IRA Approved Gold Coins

Purity is Crucial for Gold as an Investment

Try to work with gold dealers that have at least 5 years of industry experience to avoid counterfeit products.  Nevertheless, there are a lot of counterfeit products circulating the market and you can never be too safe when it comes to saving for retirement. Every mint will keep a record of the coins they produce which will help you avoid buying fake copies. You could also weigh coins yourself, although that’s no guarantee. A numismatist could inspect your coins, identify crucial details, and give you advice on how to invest in gold. Lastly, you could use an acid testing kit to check for purity. Purity is the most important factor to consider besides the daily gold price. 

How to Invest in Gold and Other Precious Metals with a Self-Directed IRA

Diversification is essential for building wealth, so don’t just limit yourself to gold IRA investing. One key benefit opening a precious metals IRA is that you can also include platinum, palladium and silver assets in your account.

A physical gold IRA can be set up instantly when you work with Goldco. To find out more about which precious metals can be included in a self-directed IRA, request a free gold IRA guide or call one of our experts.

Fill out the form on our home page to get your free precious metals IRA guide or call us at 855-465-3472 for more info!