Metal-based treasures like gold have always been one of the most profitable treasures in the world. So, more and more lucrative opportunities and strategies keep popping up in the industry. Traditional Individual Retirement Accounts (IRAs) can be created and managed by retirees. However, Gold IRAs have received wide acceptance lately.
Like regular accounts, Gold IRAs allow users to invest directly in physical treasures, including silver, platinum, and more. When creating your account, you can choose your favorite metal and start investing.
Now there are many Gold platforms in the world. Thus, it may be a bit difficult for beginners to make the right choice. To help you out, we’ve compiled a list of the best Metal IRA companies and what they offer.
Goldco Precious Metals
Goldco is one of the highest rated metallurgical companies in the world. Founded in 2006, the brand has earned an A+ rating in many trade magazines and good ratings online from real users. As expected, the company backs many world famous celebrities like Chuck Norris and a host of others, and they offer high returns on investment from their account opening offers.
Although Goldco is not the oldest metals investment company, it is one of the most trusted today. The minimum capital required for setting up an account on Goldco is $25,000 and storage fees are solely dependent on the custodian. Additionally, users have the option to choose from a wide range of metals such as silver, gold, and platinum.
Augusta Precious Metals
Founded in 2012, Augusta Precious Metal is already one of the most trusted IRA investment platforms today. Due to their premium approach to everything, they have one of the highest customer service ratings in the industry. Additionally, new users attend a live 1v1 conference hosted by Harvard-trained staff. This conference teaches new users how to invest in metals and what they expect in terms of profits and losses in the sector.
Unlike most platforms with lower account capitals, Augusta offers a $50,000 cap for basic accounts and a $50 custodian setup fee. This fee differs from the normal $80 per year childcare fee. Additionally, due to their high priority on education, most people who use Augusta often understand all the concepts of Gold IRAs.
More Metals-Based IRA Investment Firms
Besides the two companies mentioned in the previous part of this article, there are many other metal-based IRA companies worth trying. While these companies all have flaws, they have been around for a while, so they all have a reputation for reliability and trust.
Here are some more reliable Gold IRA companies:
- Royal assets
- JM Bullion
- noble gold
- Patriot Gold Group
Conclusion
All of these IRA companies offer similar deals, so newbies are often stuck between the options. With this article, however, you can make an easy choice and continue your research to choose the best Gold IRA investment platform that suits your investment style.