These days, instead of holding on to a regular IRA that consists of paper assets like cash, some of you might consider a Gold or Precious Metals IRA.
You have probably heard that this method is less vulnerable to inflation and provides a more diversified retirement portfolio.
While investing in gold, silver and other precious metals is a smart choice, you have to be careful about where you get your precious metals in the first place. After all, you’ll be making a huge investment and you wouldn’t want all of that to go to waste on a bad investment.
That being said, it’s important that you get a little choosy with the precious metals firms or companies you’re buying from. To help you out, here are a few tips for picking the best one:
- Check their reviews – As with most other companies, the more positive reviews they have, the more they can be trusted. It means they know how to treat their customers and keep them happy. Of course, that is something you should look for in all companies and most especially those that deal with precious metals. For the most part, the reviews are really easy to find. Sometimes firms will even place them on their website for everyone to see and this is a good sign. Searching for reviews is easy too, you just have to type in the name of the company and the word “Review” right next to it!
- Look up their BBB ratings – Another great way of assessing a precious metals firm’s reputation is by looking it up on the BBB or the Better Business Bureau. Firms and companies that are on BBB with good ratings are obviously well-rounded and trustworthy. Aside from simply looking at the overall rating of a company, you should also take a look at the Complaint Closing Statistics. The BBB is also a great place to look for any comments about the company from past to current clients.
- Complaints don’t always have to be the end of the world – If you see a relatively good company stained by a few complaints or bad comments, don’t judge too quickly. It may have just been a misunderstanding that was long resolved and the comment was never deleted. Ask the company about the bad comment you found and then you can judge them based on their reaction. If they beat around the bush or are defensive, that’s something to watch out for. However, if they’re honest and provide an explanation as to how that comment came to be, they’re worth giving a shot. Of course, it’s a different story for companies or firms that are just flooded with complaints. These should be avoided.
These tips are only the first few out there, which you can use on picking the right precious metals firm for your retirement life planning, such as Capital Gold Group. By remembering these and doing proper research about the firm where you buy precious metals, you can make a great investment for your self-directed IRA.
Contact Capital Gold Group today at 1(800) 510-9594 about information on how to start a Precious Metals IRA today!
DOWNLOAD YOUR FREE DEFINITIVE GOLD GUIDE
The Definitive Gold Guide:
On January 8, 1835, President Andrew Jackson proclaimed that the last installment of our national debt had been paid, and that the United States was debt free! This was the only time in American history that the U.S. had no debt.