Articles Categorized in: Blog

What is the Best Gold Company?

Gold stocks offer investors an easy and cost-effective way to gain exposure to this precious metal without needing to store physical bars or coins themselves, yet selecting an ideal gold company can be daunting task. BGASC specializes in selling gold bullion coins, and has developed an outstanding reputation for competitive pricing and exceptional customer service. Additionally, they provide an expansive resource center to new investors. 1. Noble Gold Noble Gold is one of the premier precious metals companies for IRA...
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How to Buy Physical Gold in IRA

Gold investing offers individuals an alternative way to diversify their retirement portfolio beyond traditional Wall Street assets. Gold IRAs differ from standard IRA accounts by permitting physical gold, silver and platinum coins as investments. These precious metals provide an inflation hedge and wealth insurance, but require special care in their storage. Here are some tips for purchasing physical gold for an IRA account. Self-Directed IRAs Traditional IRAs, 401(k) plans and other conventional retirement accounts typically don’t permit investments in precious...
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How Do You Store Gold at Home?

No matter the type of precious metals you own – be it bullion, coins or both – storing them at home is an economical and secure solution, yet requires careful thought and planning to achieve its fullest potential. As is often the case, homeowners’ policies do not cover jewelry and valuables stored at home; furthermore, such storage makes it hard to quickly sell precious metals should their prices spike quickly. Invest in a Safe or Vault When it comes to...
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What is the Best Size Gold Coin to Buy?

Gold coins are a popular investment choice among those looking to add precious metals to their investment portfolios. When choosing the size and type of coin to purchase, consider your goals and risk tolerance when making this decision. One ounce coins are the go-to option among gold bullion investors, but there are other coins available in fractional sizes – 1/10th and 1/4th of an ounce coins come to mind here. 1 oz Gold coins offer investors numerous investment options, yet...
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How to Invest in Gold Without Storing It

Many investors invest in physical gold as bars or coins. Unfortunately, storing this precious metal can be costly, making it harder to quickly raise funds if necessary. Storing bullion at home exposes it to the risk of burglary. Furthermore, once someone knows you possess precious metals they may inform others. Trade futures or options contracts Futures or options contracts offer one of the easiest and riskiest ways to invest in gold without owning physical metal – offering investors opportunities to...
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Which Country Has the Most Gold Reserves?

Gold is widely held in high regard and often considered an investment option. SD Bullion recently conducted an analysis on World Gold Council data to ascertain which nations hold the most reserves of precious metals – the results may surprise you! Gold deposits can be found in unexpected places, like France and Russia. Read on to discover which country holds the largest reserves of precious metal. 1. United States governments no longer mandate that all their currency be backed by...
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Should I Switch My 401k to Gold?

Have you seen gold IRA ads on conservative cable TV and digital news platforms? While these advertisements may catch your eye, what advice are behind them? A 401k is a retirement savings plan that enables employees to invest pre-tax dollars and receive tax breaks upon withdrawal at retirement. 1. It’s a tax-free investment The IRS considers gold and other precious metals to be collectibles rather than investments, and thus any gains realized from purchases of such objects will be taxed...
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What Type of IRA is Pre-Tax?

An Individual Retirement Account, commonly referred to as an IRA, is a savings account designed to store investments for retirement. IRAs provide an option for those without workplace retirement plans such as 401(k). Each type of IRA may vary; some can hold investments pre-tax while others offer tax-free contributions. Opening an Individual Retirement Account (IRA) with most banks and brokerage firms typically takes only minutes, as does the opening process itself. Contributions are tax-deductible Traditional IRAs allow their owners to...
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How Much Money Do You Need to Start a Gold IRA?

Considerations should be given when investing in a gold IRA, such as one-time account setup fees, yearly management and storage costs, seller markup fees and seller markup costs. Furthermore, gold IRAs require precious metals be stored with an approved depository. Gold can help diversify and protect your retirement portfolio against inflation and volatile markets, but it might not be suitable for everyone. The minimum investment Add precious metals to your retirement account can add diversity to your investment portfolio and...
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Can I Store My Gold IRA at Home?

Home storage for gold IRAs is not approved of by the IRS; indeed, doing so violates IRS regulations and could result in severe fines and penalties. If the IRS discovers that you’re storing metals eligible for an IRA at home, they’ll count it as distribution and tax you accordingly; that is just one risk associated with this approach to setting up an IRA account. Security If you decide to store your gold IRA at home, make sure it is stored...
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