Posts

Showing posts from December, 2018

Finding the Right Custodian for Your Gold IRA Account

Image
When investing in rollover IRA to gold, it is essential that you do so through a reputable company. Banks and traditional investment firms do not offer gold backed IRA investments. Thus, you need to work with an industry specialist. Ideally, you need an investment company that can store the physical gold bars for its clients. 

Here are some of the questions that you need to ask when selecting a custodian for your gold IRA investment:
•    Is the custodian certified by IRS?
IRS is the United States’ revenue agency responsible for collecting taxes and enforcing US tax laws. You truly want to be in the IRS’s good graces, and this is why you need to hire an IRS approved custodian. Also, the IRS certification is an indicator that the custodian is likely qualified to handle clients’ investments. Secure your investment by hiring an IRS certified custodian.
•    What is the custodian’s experience in gold investments?
Your retirement portfolio is serious business. Therefore, it is important tha…

Buying Gold Bullion Vs. Coins: Which Is the Better Investment?

Image
The traditional approach to investing calls for people to fill their portfolios with blue chip stocks and bonds that will steadily grow in value over the years. This philosophy is perfectly acceptable when the economy is booming, and markets are stable or expanding. Under those conditions, your portfolio will likely yield a 5-8 percent annual return, leaving you with a nice nest egg for retirement. But what happens during times of economic turmoil? When the bottom drops out of the market, an entire portfolio can be wiped out in a matter of months-which is why the shrewdest investors diversify by acquiring gold. Precious metals have proven that they can maintain their value regardless of the ebbs and flows of the financial markets, making the metals market a very desirable alternative to stocks, bonds, mutual funds, and even IRAs.

When it comes to acquiring gold, investors must decide which form they would like to purchase. The two major options are bullion (metal formed into bars or …