Welcome to my Goldco Review!
There’s only one thing certain about the future, and that is the next crash is coming. Even the stars like Chuck Norris are covering all their bases and more on this a bit later.
The good news is that you’re just in time if you want to secure your golden years, and best of all, you don’t have to be a Hollywood star to get the same type of nurturing.
Let’s Me Be Very Blunt Here…
You may be interested in finding a means of shielding your investments from a volatile stock market and runaway governments. One of your best options is an investment in precious metals.
If you are looking for an investment both tired and true and capable of offering your portfolio stability, one of the best companies to consider is Goldco. The specialty of the company is to help you with the identification of the best precious metals for your specific needs. Some of the basic facts regarding Goldco services include:
- Overall, Goldco is the best precious metals company
- $25,000 account minimum
- Promotion offering five percent back for metals exceeding $50k
- Rated A+ by the Better Business Bureau
- RI rating of five out of five stars overall
- Average TrustPilot review rating of 4.9 out of five
- Low fees between $175 and $225 per year
- Outstanding customer service
What is Goldco?
The most common questions are what is Goldco and why is Goldco the best?
To begin, Goldco, also known as Goldco Precious Metals, is a full-service firm offering precious metals. The list of Goldco services include silver and gold IRAs as well as precious metal sales directly to customers.
Goldco was established in 2006 and has assisted thousands of clients in growing, diversifying and protecting their wealth through physical metals including silver, gold, palladium and platinum.
The company takes pride in offering exceptional customer service and has built a reputation throughout the investment community for providing top-of-the-line educational resources and outstanding service.
Goldco was founded by Trevor Gerszt, with the company located in Woodland Hills, California. In 2015, Goldco was named the third quickest growing company in the United States offering financial services by Inc. Magazine .
The company was also named as the 17th quickest growing financial company in the Los Angeles Area by the Los Angeles Business Journal.
The mission of Goldco is helping Americans to protect retirement accounts from both inflation and the volatility of the stock market by providing them with an easy way to purchase precious metals.
The Gold & Silver Guide Covers:
There are two major services currently available through the company, direct purchases and precious metal IRAs. If you feel like you want to further deviate and invest in cryptocurrencies using your retirement funds, Goldco has a sister company offering this service you can inquire about, but I haven’t investigated it right now because I’m FULLY invested in metals.
Precious Metal IRA’s
If you are below the age of 70 and one-half and have earned income, you are eligible to open a traditional IRA. Goldco offers silver IRAs, Gold IRAs and a combination of the two.
Goldco adheres to the regulations of the IRS by storing precious metals in a state-of-the-art, third-party vault. The preferred IRA custodian of Goldco is Equity Trust Company.
Non-IRA Precious Metals
Any investors can purchase precious metals directly from the company. There are no earned income or age requirements you need to fulfill. When you purchase precious metals, you have two options. You can either have them delivered directly to your home or store them in a secure vault. This is dependent on your personal preference.
Why Invest in Precious Metals?
I believe the best way to answer this question is to ask you to remember the Great Recession of 2008. Think about the devastation experienced by millions of investors. A lot of investors lost everything they had.
Unfortunately, some of these investors have still not recovered from the events of this time despite a decade having passed. This means you may be interested in hedging against the next downturn of the economy. Precious metals offer you both the protection and stability you are interested in finding.
Throughout history, precious metals have moved in the opposite direction of typical securities such as mutual funds, bonds and stocks. I have watched the price of silver and gold increase as the stock market went down.
The model used by the company for fees is called “as low as”. The idea is to save its customers as much money as possible. Below is a breakdown of the fees charged by Goldco for non-IRA transactions and precious metal IRAs.
Precious Metals One-Time IRA Goldco Fees
- The fee to set up an IRA is $50
- The wire fee is $30
- The maintenance fee is $80
- The fee for non-segregated Goldco storage is $100
- The fee for segregated Goldco storage is $150
- The cost of a precious metals IRA begins at $260 per year. The preferred storage method for Goldco is non-segregated. If this is what you prefer, your cost is $260 for the first year. Each additional year is $180.
- If you are interested in segregated storage for your IRA, your cost is an additional $50. Your price for the first year is $310. Each additional year is $230.
- Your cost for one time only set-up fees is $0
- Your cost for yearly maintenance fees is $0
- Your cost for storage fees is $0
Minimums for a Goldco Investment
You are most likely interested in knowing the Goldco Investment minimums. All of the fees for both non-IRA and IRA transactions are listed below.
Goldco Investment Minimums for Precious Metal IRAs
- The minimum is between $20,000 and $25,000
- The minimum is $3,500
Who are the Best Candidates for Goldco?
Goldco is an excellent choice for numerous types of investors. This includes investors who:
Are interested in protecting their wealth from the volatility of the stock market. If you feel uneasy regarding the stock market, precious metals are a great option to minimize your risk. This is because they generally move in the opposite direction of securities. In the past, numerous investors rode out significant drops in the stock market with silver and gold until market conditions started to improve.
Are interested in owning physical investments. There are a lot of companies capable of going down at any time. The difference with precious metals is they will always be around. If you want to include a tangible asset in your portfolio you can be certain will always be in style, I believe precious metals may be the ideal choice for your needs.
Are you close to retirement and afraid of another financial crisis? Ask yourself if you could live comfortably during your retirement if you experienced another financial crisis similar to the one in 2008. If you are close to retiring or have already retired, you can add the stability you need the most with precious metals.
You can even request an investor guide for free and receive a free silver coin. The Goldco guide-kit contains important information for investors.
Goldco Customer Reviews
The Goldco customer reviews and endorsements are sensational. By December of 2019, there were almost 500 customer reviews posted on TrustPilot alone. Out of a possible five-star rating, Goldco received 4.9.
The company has earned a rating of A+ with the BBB or Better Business Bureau. Based on five different reviews, Goldco achieved the perfect rating of five out of five stars . If you take a moment to visit TrustLink, the story remains the same. The company has more than 240 reviews with yet another five out of five-star rating.
What others are saying about Goldco
I included a sampling of Goldco client reviews below to help you understand the company better. There is no doubt the clients rave about the IRA specialists available through Goldco.
Goldco team members were mentioned in several of the reviews. The clients stated they are knowledgeable, extremely friendly and treat all customers with respect.
Many reviews said no matter what questions they asked, they received an answer. Others said Goldco is easily reachable by phone and the representatives take the time to provide a detailed answer for every question.
The clients love being provided with a dedicated IRA specialist. The specialist works with the old custodian of the IRA to make certain the funds are rolled over.
The best part is you do not need to do everything by yourself. As soon as your account has been set up, certain paper-backed assets can be exchanged by your specialist for physical ones.
A lot of clients called the entire Goldco team process both seamless and pleasant. To put it simply, the customer service provided by the company is unmatched. This is especially true when you are rolling over an IRA. This is one of many reasons clients are proud to join the Goldco family.
Why is Goldco the Best as Well as Unique?
The company offers you a lot of unique perks. This makes Goldco the ideal option for numerous investors. There are five excellent reasons I believe you should consider investing with Goldco.
New Customers Receive Special Offers:
As a new client, you will receive two special offers. First, if you open an account with a minimum of $50k, all of your fees for the first year are waived.
Second, by placing a qualified order for a minimum of 50k, you earn back five percent in free metals.
This means if your new account contains exactly $50,000, your saving in fees can be a maximum of $320. Depending on the metals you purchase, you can also receive up to $2,500 free.
Exceptional Customer Service:
The number one priority of Goldco is to provide customers with exceptional customer service. Whether you decide to purchase metal directly or open an IRA, the company exceeds expectations in making certain every client is 100 percent satisfied.
If you have an issue, you can be certain it will be resolved immediately. No sale will ever be pushed. You can also be certain you are receiving the absolute most for your money because Goldco has a low-cost model.
The low fee model ensures your money stays exactly where it should, in your pocket. If you have a precious metal IRA, your fees for the first year are a minimum of just $260. After that, you only pay $180 each year.
If you execute a non-IRA transaction, you pay absolutely nothing in fees. Not one single penny. Your precious metals will even be stored for free. Considering most companies do not offer anything like this, I find this perk extremely impressive.
401(k) and IRA Rollovers
If you already have a retirement plan, the company ensures your rollover process is fast and painless. This process includes the simple steps below.
- Open your new precious metals IRA with Goldco
- You will receive help funding your account using your existing IRA through your Goldco specialist.
- As soon as your funds have transferred, you will receive help from your specialist in choosing the best precious metals for your specific needs and goals.
- You will receive guidance from your IRA specialist for every step necessary for the rollover process. You can expect this process to require approximately 10 business days.
Goldco Buyback Program
If you are interested in selling your precious metals, the Goldco buyback program is ideal. The company will happily purchase back your precious metals.
This is great news for any investor since the chances you will receive more in comparison to a random coin dealer is high. This is because this type of dealer has a reputation for lowballing their offers.
There is no requirement your precious metals must be sold under the Goldco buyback program. This being said, it is much easier and you will receive a better price than you will find somewhere else.
Wide Range of Educational Resources
The education center available on the Goldco website is extensive. The goal is to ensure you remain informed regarding IRAs and precious metals.
The blog provided is in-depth and includes a wide range of topics such as the debt bubble, trade wars, recessions and more.
You will discover several eBooks available for download. This includes 10 Reasons Why The American Dollar Will Crash, The American 401(k) and IRA Crisis and a gold IRA investment guide containing 12 pages.
If you prefer videos, you will find a comprehensive list provided by Goldco. There are numerous topics including dollar fluctuation, the oil crisis, retirement threats, stock market crashes and more.
Live price trackers are available so you can view silver, gold, palladium and platinum directly through the Goldco website.
You will always find customer support eager to be of assistance by answering any concerns or questions you have.
Top of the Line Goldco Storage Options
There are IRS regulations mandating your IRA precious metals must be stored at a third-party, approved depository. Only the best storage providers within the industry are used by Goldco. This ensures your precious metals will remain safe.
All of these facilities use state-of-the-art technology and security.
Which Storage Providers are Used by Goldco for Precious Metals?
- The company prefers the Delaware Depository. Your annual cost for non-segregated storage is $100.
- Brinks is a non-segregated storage facility located in Salt Lake City. Your annual cost is $100.
- IDS Texas is a segregated storage facility, Your annual cost is $100.
If you would prefer to use a different storage facility to store your precious metals, you can simply make a request.
Pro’s and Con’s
As with any company, there are both pro’s and con’s with Goldco.
Getting Started with Goldco
The entire company process is simple beginning with your initial contact and concluding with the finalization of your IRA rollover. All you need to do is follow the steps outlined below.
Call (877) 360-0011 to speak with a customer support representative. You can then begin the process of setting up your account.
If you decide you are interested in proceeding, you will be transferred to an IRA representative by your customer support rep. If you prefer, you can make an appointment to speak to a specialist at a later time.
When you speak to your IRA specialist on your second call, all of the information required for completing your application will be collected. Your account can then be established and your funds transferred.
Once your account has been funded, you will talk to an account executive. You will then receive assistance in selecting the precious metals for your IRA.
Once you have completed the above steps, you are done. If the company has the precious metals you selected in stock, only a few business days are necessary for them to be transferred to the depository you have selected.
If the metals are not in stock, you need to allow between three and four weeks for everything to show up.
Starting out with Goldco is easy. All you need to do is call (877) 360-0011 to speak with a customer support representative.
When it comes to precious metals IRAs, Goldco is one of the leaders in the industry. The company takes pride in offering exceptional customer service and helping its clients diversify retirement accounts.
How Can Goldco Customer Service be Contacted?
If you have any issues while you are setting up your account or would like to ask a question, you can contact customer service in several different ways.
You can contact Goldco between 8:00 a.m. and 5:00 p.m. Pacific time Monday through Thursday or 7:00 a.m. to 4:00 p.m. Pacific time on Fridays by calling (877) 360-0011.
You can begin a live chat session any time you wish directly through the Goldco website.
You will find a contact form on the Goldco website you can fill out.
Emails can be sent to email@example.com
Should I Make an Investment with Goldco?
If you are ready to begin investing in precious metals, Goldco is a great choice. You can make a direct purchase of precious metals or make an investment.
Goldco is centered around its customers. The company has a laser focus on providing the best possible service to its investors. This is obvious due to the educational resources available, the simple process to set up an account, low fees and outstanding customer service.
When you invest in an IRA, you receive direct access to an IRA specialist. Your specialist will handle the complete rollover process on your behalf.
If your investment is non-IRA, an account executive will be assigned to you to make certain your precious metals are received on time.
Whether you are interested in purchasing precious metals for your retirement savings or making a direct purchase, your best option is Goldco.
Conclusions on Goldco Precious Metals IRA Review
As a final thought, here’s what I wanted to share. After analyzing almost a dozen gold IRA providers, I’ve concluded that Goldco is the best and safest company to work with.
They have done an excellent job with their IRA specialists. You will feel like royalty when you get in touch with them. They are super knowledgeable, and they will answer any questions you may have.
Now it’s your turn. The time is ticking, and the next crash might be around the corner. If you want to know that your hard-earned assets are secure, you have to take action. Call them up or visit their website for their FREE investing guide.
Is Goldco a reputable company?
Goldco is a highly reputable privately held company and they have near perfect scores on all review sites. Plus they have an A+ rating from BBB and AAA rating from BCA.
How does Goldco make money?
Goldco makes money by offering precious metals a few points above sport price. They also provide brokerage services for precious metals IRAs.
Who is Goldco Direct?
Goldco Direct Inc is the full company name of Goldco.com. This company has been founded in 2006 by Trevor Gerszt. The company offers precious metals IRA and they are also a precious metals retail company.
How long has Goldco been in business?
Goldco has been in business for more than 15 years. The company was founded in 2006.