Goldco is currently one of the most highly respected companies in the precious metal space. Mainly, they focus their efforts on helping retirement investors create a diversified portfolio. By investing in precious metals, future retirees have the opportunity to avoid losing large percentages of their portfolio when the stock market and bond market go bust from time to time.
Are you ready to learn more about Goldco? This precious metals broker is definitely worth your time and attention if you’re looking to begin investing in gold, silver, platinum, or palladium for the long-term.
How Does Goldco Stack Up on Online Peer-Reviewed Websites?
Firstly, whenever I evaluate a company like this, I tend to see how well they perform on online peer-reviewed websites like the BBB, Trustlink, and the Business Consumer Alliance or BCA for short.
Here are some quick stats for your verification:
- They have a AAA rating with the BCA
- They have an A+ rating with the BBB
- They have a 4.8 out of 5 stars with the Trustlink
And what’s even more exciting is the customer reviews and testimonials that they’ve received on these websites and others like the GoldCo review on IRAinvesting.com.
As an example, one of their customers spoke very highly about the company and said that they were great. They like the way that customer service works with their customers because they make them feel secure and comfortable during the entire process from beginning to end.
They will help you create your new gold IRA account, fund it, and even help you purchase your first gold investments. And it’s all clearly defined and straightforward and comfortable for brand-new customers.
Another customer was very happy with the customer service team. They had a dedicated customer service rep help them initiate a 401(k) rollover to create their new IRA account. They used their previous 401(k) from their former job to fund their new gold IRA and the process was smooth, easy to understand, and relatively quick as well.
What Kinds of Precious Metals Can You Expect to Buy from Goldco?
I mentioned this already, but it definitely bears repeating. You can purchase gold, silver, platinum, and palladium for your precious metals IRA. Just make sure you mention to the specialist that you’re buying it for your IRA account. Otherwise, you might accidentally purchase coins or bars that do not meet with IRS approval.
Some of the more popular choices include:
- American Gold Eagle Coins
- Canadian Silver Maple Leaf Coins
- Austrian Silver Philharmonic Coins
- Mexican Silver Libertad Coins
- Golden State Mint Silver Rounds
- and many other options
Does Goldco Offer a Precious Metals Buyback Program?
You may not realize it but dealing with a company that offers a buyback program is definitely a big benefit. Why? You never know when you’ll need to get your hands on some of your money fast.
A buyback program means that the gold broker will repurchase your precious metals at current market value. Many of these companies are willing to pay their customers within 24 hours of receiving the precious metals.
So, I’m happy to tell you that this company does have a buyback program in place. They are willing to repurchase your gold, silver, platinum, or palladium investments at fair market value at the time of the sale. They will pay you whatever the market is currently offering when you make the initial deal.
I know this is a long-term investment and you’d benefit by keeping your precious metals well into retirement. But things do happen from time to time, so it’s good to know that Goldco is willing to lend a helping hand when you need money fast.
What Kind of Precious Metals IRA Fees Will I Have to Pay Doing Business with Goldco?
As you may or may not know, you will have to pay certain fees for maintenance and upkeep as an IRA investor. There are also set up fees, wire transfer fees, and other fees that go along with this type of transaction.
In an ideal world, we wouldn’t have to pay for these services. But these companies work hard on our behalf regardless of how we feel about their service fees. So, they definitely deserve to get paid.
The fee schedule breakdown is as follows:
- The minimum investment to open an IRA with Goldco is $25,000
- The setup fee for self-directed precious metals IRAs is $50
- The storage fee is between $100-$150, depending on whether you choose segregated or co-mingled storage
- Wire transfer fees are $30 each
- If you invest $50,000 or more, they will waive their first-year fees
- The minimum investment for non-IRA purchases is $3500
- Storage fee setup for co-mingled storage costs $260 and for segregated storage the setup fee costs $310
- Receive 5% back in free precious metals with a purchase of more than $50,000
What Should I Expect from Goldco’s Customer Service Staff?
The great thing about doing business with this company is they have a dedicated team for customer service. These guys really know what they’re talking about because they provide a superior product and many people love dealing with their staff.
First off, they are known for working very quickly to open gold IRA accounts. They handle the paperwork fast, so you’ll quickly have your new account opened within a matter of days.
Account representatives have no problem getting back to their customers quickly. And even more importantly, they are willing to provide each one of their customers with detailed answers to their pressing questions. This will help put your mind at ease because quite frankly, this is a large investment and you need to feel safe and satisfied and their staff delivers this in spades.
Finally, you’ll receive expert guidance from the staff at Goldco. They’ll help you choose your investments, tell you why they’re such good investments, and so much more.
Are you ready to finally open a precious metals IRA account? Now is the time because the precious metals market is heating up and gold is incredibly valuable right now. Do not hesitate to do business with Goldco because they’re an excellent company with a great reputation.