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, stocks, bonds and other commodities are generally more volatile in terms of wealth building. Gaining access to the physical gold market means that you can feel confident about building your nest egg rather than fretting about a volatile stock market. If you are on the fence about starting a physical gold IRA, request your free guide or call us to speak with an expert to learn about how you can diversify your retirement and have peace of mind.
The price of gold changes all of the time and you can guarantee that the price you see in the morning will be different to the price you see at night. Don’t be fooled into thinking this is a bad thing, however. 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
Checking Gold for Purity and Quality
If you take the time to track down a gold dealer who has been in the industry for five years or more, you shouldn’t really have to worry about being sold 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. To avoid buying copies, consider asking a numismatist to inspect the coins. Alternatively, buy an acid testing kit to check purity.
Alternative Options for an Investment in Gold
Diversification is essential for building wealth, so don’t just limit yourself to gold IRA investing. The great thing about 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.