Articles Categorized in: Blog

Is Gold Still a Good Long-Term Investment?

Gold is an easily tangible asset for investors to hold and sell at will for cash without incurring long delays, commissions and fees associated with selling stocks from a brokerage account. Physical gold offers no counterparty risk or systematic risks compared to mining stocks and exchange-traded funds, providing a great way to diversify your portfolio and protect purchasing power. It’s a long-term investment Gold has long been seen as an attractive long-term investment due to its tangible properties and safe...
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How Do I Convert My 401k IRA to Gold?

Gold retirement investments offer diversification, stability, tax benefits and growth potential – but when investing in one through an Individual Retirement Account (IRA), care must be taken in selecting both custodian and metal dealer. GoldCo, Augusta Precious Metals and The American Hartford Gold Group specialize in helping their customers understand the process and choose high-quality gold coins and bars at competitive prices for investment purposes. Plus they provide outstanding customer service and offer superior prices! 1. Research the Custodian Gold...
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Home Storage Gold IRAs

Home storage gold IRAs are illegal under IRS regulations and could lead to penalties, so before investing in this form of an IRA it’s advisable to consult a tax attorney first. The IRS mandates annual audits on individual retirement accounts (IRAs) to ensure compliance with its rules. Furthermore, precious metals must be held in an IRS-approved depository. It is a self-directed IRA Home Storage Gold IRAs are an increasingly popular way for investors to diversify their retirement portfolio with physical...
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Can You Trade ETFs in a Roth IRA?

ETFs make an ideal investment choice for IRAs, providing diversification with minimal fees and being liquid enough for you to buy and sell at market prices throughout each trading day. Roth IRAs are tax-friendly retirement accounts that protect investment gains from capital taxes and dividends, making them ideal for investments seeking growth potential. Trading ETFs in a Roth IRA ETFs offer an effective means of diversifying your portfolio without taking on unnecessary risk, and can often be more cost-efficient than...
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How Reliable is the Elliott Wave Theory?

Elliott wave theory can be an invaluable asset for traders and investors who wish to identify market trends and predict reversals, yet its practitioners remain highly critical of it. The theory is founded on the observation that market prices move in repetitive patterns triggered by investor emotions of greed and fear, using rules and guidelines to identify when one wave pattern has ended. 1. It is based on psychology Elliott Wave Theory is founded on the assumption that stock market...
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Can You Contribute Gold Coins to an IRA?

Gold IRAs allow investors to own physical precious metals such as bullion, bars and coins through an IRS-approved depository facility; using unapproved storage facilities may result in taxes and penalties being assessed to your account. Investors should keep in mind that to qualify as eligible assets for their IRAs, gold coins, bars and rounds must adhere to strict purity guidelines and fineness standards; Krugerrands do not qualify as such investments. Purity Gold IRAs allow investors to purchase bullion bars and...
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What is a Typical Management Fee for IRA?

Saving for retirement using an IRA or Roth IRA can be a powerful way to capitalize on compound interest. But be wary, fees may quickly pile up and eat into your account value. Schwab brings its investor-friendly status to its IRAs by offering no management fees and thousands of no transaction fee mutual funds, plus an excellent trading platform and customer service team. Assets Under Management (AUM) Financial advisors typically charge an AUM fee which is calculated as a percentage...
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Where Does Glenn Beck Get His Money?

Glenn Beck has made his fortune through various business and media ventures. These endeavors, including his popular radio show, speaking tours and retail products bringing in an estimated annual gross of $30 Million. Mercury One and other organizations contribute significantly to his net worth, with their focus being veterans’ assistance and relief, persecuted Jews and Christians abroad and other humanitarian causes. Media Beck has built an enormous media empire through radio, TV, books and online outlets such as TheBlaze that...
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What is the Best Way to Store Gold and Silver?

Storage options for precious metal investments can be essential in protecting them; from concealing them away in a hidden spot to burying it on your property and purchasing home safes, there are various methods available to you for safeguarding them. But which option is the best fit? 1. Safe Deposit Boxes To store precious metals securely at home, investing in a quality safe or vault is essential. Choose an executive safe with a UL rating and bolt it securely to...
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Can I Roll My 401k Into Gold Without Penalties?

Gold investment can be an excellent way to diversify your retirement portfolio and protect against market volatility while mitigating inflationary risks. At Augusta Precious Metals, our expert customer support and rollover assistance make the process smooth and straightforward. There are two methods available to you when transitioning your 401k into a gold IRA: direct and indirect rollovers. While direct rollovers offer greater tax efficiency, indirect ones may incur penalties from the IRS. Direct rollovers Direct rollover is an investment process...
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