Gold investing is so easy. It’s important to choose the right company first before purchasing large quantities of it. Now more than ever, gold investing has become a “noise” because of the US Dollar’s imminent collapse. Read more now on set up gold IRA.
Do not get me wrong. You will still use this currency. But you can’t rely on its value anymore. The currency’s purchasing power has decreased since the government abandoned the gold standard. US Dollar is not backed by anything! Up to date, the US dollar has lost 97% of its worth.
Those who rely on their 401K account, Roth account, IRA, or other annuities for retirement can switch to a gold IRA and enjoy a prosperous, secure, and more stable retirement.
The following is a guide to help you choose the right Ira trustee.
Give them a call. By speaking to the customer service representative, you will be able to gauge the integrity of the business. If you are proactive or if they provide all the information needed, then you will be able to gauge their level of customer service. It will become clear if the salesperson is only interested in making a sale. In the way they communicate with you, it is easy to tell if they’re ‘pushy.’ You can call and get to know them better.
The Business Consumer Alliance, or BCA will rate them. The Triple A is the rating you should be looking for. This investment must involve the sweat you have put in for years. BCA gives ratings only to companies that deserve them.
Credibility. Check out the Better Business Bureau or BBB to find complaints made by people about gold transactions and their resolution. BBB or the Better Business Bureau is one of many places you can check to see if someone makes false promises. If the company is accredited, it’s a big plus.
Trustlink allows customers to share their experiences with a company. This site allows you to read what real people have said about the services provided by this custodian of gold ira.
Memberships. Make sure the company that you are working with is a part of ICTA (Industry Council for Tangible Assets), where regulations for precious metals in this industry are adhered to and upheld. You should also check with the following organizations to see if a trustee is part of them: CCE (Certified Coin Exchange), PMG (Paper Money Guaranty Corporation), the U.S. Mint Numismatic Conservation Service NCS, NGC/Numismatic Guaranty Corporation and Professional Coin Grading Service PCGS.
You can call them back after going through them all and deciding to either hold gold in your IRA or to roll part of it over to a gold IRA.
Doing your homework is essential.
This list is by no means exhaustive.
If you are investing your hard earned money or your IRA, then it is important to get as much information about the investment before writing a check. This will require a little time from you, but isn’t a huge task.
What is the best gold IRA?
Investment in gold will bring IRAs to life. For all of the human history, only gold has remained as real money. It was known to be valuable. They knew that gold would be stable and could back up every dollar.
Since the collapse of the dollar cannot be prevented, the continuing printing and circulation of paper money will only increase the risk. No way to stop gold from revaluing itself for every dollar printed. Gold will skyrocket in price when the public becomes more aware. It is one of many possible reasons.