Goldco Review : Everything You Should Know
This article does not provide financial advice. Please seek help from a financial advisor if you need financial assistance. Author may receive a referral fee from some companies in this post.
Investing in precious metals is a significant decision, and you shouldn’t take it lightly. In fact, it requires you to consider the future and current potential of the assets you wish to add to the portfolio. Overall, it’s crucial to choose the best partner to meet your investment needs.
Among the many options available in the precious metals market, Goldco is one of the top choices. Why?
In this Goldco review, I’ll explore why the brand is different than other companies. You’ll learn why it’s the most popular and most trusted of all. I have many years of experience with Goldco and the precious metals industry, so I will help you uncover what makes it the top choice overall.
What’s Goldco?
Goldco is one of the top gold IRA companies out there and offers various services and products to meet the diverse financial goals of all types of investors. Whether you want to diversify retirement assets with a precious metals IRA or prefer direct investing in gold and silver, this brand works harder than any other option. It offers dedicated specialists to help you navigate the process.
Overall, Goldco prides itself on delivering great customer service, education on precious metals, and resources to help empower investors to learn about the precious metals industry.
There have been countless Goldco reviews from influential people, including Ben Stein, Chuck Norris, and Sean Hannity. Their endorsements show that the company focuses on trustworthiness and excellence.
Whether you wish to buy gold coins to store at home or prefer a precious metals IRA to diversify your portfolio, Goldco has it all. Likewise, the Better Business Bureau gives it an A+ rating, and the Business Consumer Alliance offers a AAA rating.
What Do Others Say About Goldco?
There are many precious metals IRA companies that promise the moon and have fancy websites with tons of services and products. However, that’s not a good enough reason to trust them with your hard-earned money. Before jumping into the fray, it’s wise to consider what the customers say about the brand.
The Goldco reviews indicate that the company doesn’t make vain promises. Instead, it’s endorsed by trusted media personalities; these people use the brand and feel confident that it’s helping them succeed in investing.
From my explorations, I learned that Chuck Norris and Sean Hannity have invested with Goldco and recommend the brand to their followers, family, and friends. Overall, they value physical gold investments, and the recommendation plays a huge part in proving how credible Goldco is!
Goldco Ratings
Trusting a popular media personality and their experience can help you make good investment choices. However, that’s not all you have to consider.
I have many decades of experience within the gold industry, so I’ve learned that it’s also crucial to consider how the brand treats its traditional customers. Therefore, I’ve found that Goldco is worthy of the praise it receives, especially compared to other precious metals companies.
Though Goldco does have a few negative reviews and customer complaints, it excels in ensuring a more positive customer experience and addressing those concerns. From what I learned, many complaints about the brand are related to little information about the free silver promotion and unsolicited calls. However, Goldco focuses on resolving any issue raised.
There were some complaints about incorrect coin valuations. In these cases, Goldco offered to buy back the coins at a profitable sum. I have significant experience investing in this type of landscape and find that Goldco is one of a handful of companies that emphasizes resolving customer issues.
Overall, Goldco is there when you need help, which demonstrates its dedication to offering top-notch service.
After checking into the negative reviews, I looked into the online ratings from various business-reviewing platforms. Here’s what I found about Goldco:
- The Better Business Bureau gives Goldco an A+ rating. There are 672 reviews, and it has closed 19 complaints within the last 12 months.
- The Business Consumer Alliance gave Goldco a AAA rating. There was only one review (a complaint), which was closed.
- Consumer Affairs offers Goldco a 4.9/5 stars. There are 1,684 reviews, and only four of them give under four stars.
- TrustPilot gives Goldco a rating of 4.8/5 stars. There are 1,238 reviews, and six are negative.
Products and Services Available at Goldco
With Goldco, you can purchase precious metals IRAs or buy the silver and gold directly. Let’s look into this more deeply:
- Gold IRA – Gold IRAs can hold physical gold as coins, ingots, and bars. Goldco collaborates with mints from around the world and has sourced IRA-eligible coins with a 99.5 percent purity rate. IRS regulations indicate that IRAs must have a custodian to manage and preserve the assets within. Goldco uses a secure depository, and you can withdraw the assets without penalty as cash or in its original form once you hit 59.5 years.
- Silver IRA – Similar to a gold IRA, a silver IRA lets you deposit silver bars, coins, and ingots into a precious metals IRA. You can also include platinum and palladium. Silver must be 99.99 percent pure.
What Features Make Goldco Stand Apart from the Crowd?
Goldco is a reputable company that was established in Los Angeles in 2011. It has many services tailored to various types of investors and focuses on growing its list of happy customers.
The company offers many benefits, including government-approved precious metals and real-time updates on the gold and silver market prices. Likewise, it gives the option to invest in gold and silver bars of various weights for an IRA-approved account.
Let’s take a look at the best services Goldco offers:
User-friendly Website
Goldco’s website features a user-friendly interface. It’s very easy to navigate and shows information that’s effortless to understand. If you’re a beginner to precious metal investments, you can educate yourself through this brand’s in-depth knowledge, which is conveyed to the customers.
Likewise, the free precious metals investment guide is a valuable resource. You’ll dive deeper into gold and silver IRAs. Plus, it will clear up any misconceptions you might have and answer your gold investment questions. Overall, Goldco is committed to offering a personalized experience and detailed explanations. The website is the best place for seasoned and new investors to explore this world!
Professional Help
As an experienced and reliable custodian for thousands of satisfied customers, Goldco offers extensive understanding. You can make better investment decisions when you speak to its team of professionals.
Overall, the company wants to educate people about the advantages of precious metals IRAs so that they can make smarter decisions. I personally reached out to Goldco to talk about my investment options, and I enjoyed an informative and seamless support system.
Goldco guided me through the many investment options available and ensured that I understood how my decisions could impact my financial future positively. Ultimately, I knew I was communicating with a team of professionals who were focused on my long-term financial goals and needs.
Excellent Buyback Guarantee
With the buyback program at Goldco, investors will feel safe and confident when they purchase precious metals. As you browse the precious metals the brand offers, you’ll rest easy knowing that Goldco guarantees to buy back the items at the highest price possible.
I performed thorough research and have an extensive track record in this sector, so I know that being able to sell back the assets to a company can offer mental and financial assistance in rough and challenging times. Whenever your situation changes, you can sell back those assets at high rates.
Whether you want to invest in palladium, platinum, silver, or gold, Goldco stands beside its promise to provide you with the best buyback prices. This might be the biggest reason why Sean Hannity endorsed the brand; it offers opportunities you simply can’t turn down!
Smooth Transaction Processes
Goldco customers praise the brand because of the smooth transaction process. They report that it’s simple and straightforward, whether they’re purchasing precious metals for direct delivery or through a precious metals IRA.
Educational Resources
Overall, Goldco stands apart from its competitors because it offers many educational resources to help investors on their financial journeys. They are valuable tools to help you stay informed and make better decisions about opening a gold IRA.
Exceptional Customer Service
When you open a precious metals IRA, Goldco gives you a dedicated expert to assist. They will provide you with a tailored strategy that’s aligned with your goals. Plus, you can contact customer support whenever you need help or have questions.
How Do You Invest with Goldco?
With so much support, ease, and options available at Goldco, you might wonder how to start investing in precious metals with the brand. Here is a step-by-step guide to make your life a little easier:
Step 1: Open a Precious Metals IRA Account
The first thing you should do is open your gold IRA account with Goldco. In my experience, it has one of the most hassle-free and seamless processes. How does it work? The support team will handle the formalities and paperwork for you and keep you updated throughout. This transparency and assistance are appreciated when you’re starting to invest and aren’t sure what to do.
Step 2: Fund the Goldco Precious Metals IRA
Next, you will fund your Goldco precious metals IRA by rolling over the assets from your existing retirement accounts. These can include TSP, savings, 403(b), 401(k), and more.
Step 3: Choose the Precious Metals
Once you have funded the precious metals IRA account, you can select the precious metals you want to put in it. This includes gold or silver coins and bars.
You are in sole control of the decision and can explore the many coins and bars available. It’s worth noting that the precious metals offered by Goldco are approved for minter, IRA eligibility, and purity, so there should be no concerns about investing.
Step 4: Sign a Contract
When you’ve done all that, the company will share the documents and contracts relating to the investment. These are there to secure the assets you’ve bought from Goldco and put them in your name. Likewise, you must agree to the business terms in the contract.
Benefits and Drawbacks of Goldco
There are many advantages to considering precious metals investments, but I want you to be fully aware of any drawbacks, as well. Let’s take a look at them below:
Pros:
- Goldco specializes in gold and silver investments (IRAs) to give real assets to those who wish to secure their retirement savings.
- There are thousands of 5-star Goldco reviews, which indicate trust and high levels of customer satisfaction.
- Qualifying accounts will get bonus silver in proportion to their initial investment.
- All the gold and silver coins/bars are certified.
- You can choose from a range of coins and bars to suit your financial goals and tastes.
- Goldco offers one of the highest buyback programs in the industry.
- You’ll have access to the latest articles and news to stay updated about the industry.
- Goldco offers professional, responsive, and active customer service support.
Cons:
- It’s difficult to find the pricing information before signing up.
- Goldco requires at least $25,000 for gold IRAs. Therefore, smaller investors may not be able to partner with the brand.
- There’s no information about custodian fees or storage fees available on the website.
Final Thoughts: Should You Be Purchasing Precious Metals from Goldco?
Goldco is the top trusted business in the precious metals industry. There are over 500 positive Goldco reviews on the BBB, TrustPilot, and Consumer Affairs sites, with a few negative ones. Therefore, this indicates that the company offers the best service and help with precious metals to all customers.
I have many years of experience in the industry and have opened other precious metal IRAs before. Therefore, I believe it’s crucial to analyze any negative reviews and learn about the investment process before you partner with a company. You should also be researching the opportunities available before deciding to invest with Goldco.
Hopefully, this in-depth review of Goldco will help you make a more informed decision about investments. Buying precious metals doesn’t have to be difficult, though it is crucial to understand the storage fees and everything else.
FAQs About Goldco
Can You Trust Goldco?
Yes, you can trust Goldco. This brand has some outstanding celebrity endorsements under its belt. However, it also has an A+ rating from the BBB. Overall, it’s safe to say that this is a credible precious metals company that focuses on offering the best services possible to its customers.
Can You Sell Your Gold Once It’s in Your Gold IRA Account?
Yes. Goldco has a high buyback guarantee for selling silver and gold from the precious metals IRA. You will receive an immediate offer at great prices.
Can You Store the Precious Metals in Your Home?
Once you purchase precious metals, such as gold and silver, for your gold IRA, you cannot store them in a safe deposit box or at home. The IRS prohibits this. Instead, you must hold the precious metals in an insured depository until you choose to sell or withdraw them.
If you choose to buy precious metals outside of the IRA, you can store them in a safe deposit box or in a home safe to protect your investment.