Investment gold can have several benefits that are unique from other types of assets. If you’re looking to diversify your portfolio and protect against the threat of stock market volatility, then investing in gold could be a smart choice.
Keep in mind: like any type of investment, buying gold should be based on informed decisions and a well-researched plan that is aligned with your individual goals. Now is a good time to familiarize yourself with your options and the process of making your investment. Where will you buy your gold? What types will you purchase? How will you know if your decision makes sense for your situation?
To guide you in the right direction, we’ve provided some basic information to consider as you take the first steps to buying gold.
What Is Investment Gold?
The term investment gold is typically used to define gold that is purchased for a personal investment or as part of a retirement planning strategy. Examples include gold bullion bars, U.S. minted bullion coins, numismatic coins, and collectors’-grade gold coins (i.e. “proof” coins).
While some investors may prefer to have physical possession of their gold, placing them in a personal safe, a safety deposit box at the bank, or an insured, non-segregated depository, some of these assets can also be added to a precious metals IRA.
For our purposes, other examples of gold, such as jewelry, are not referred to as investment gold (More Info).
What To Know About Investment Gold
Where to get it
Buying gold as an investment should be done through a reputable gold dealer or established precious metals company like Birch Gold Group. This will ensure several things: that you know all the options available to you, that your investments are priced right, that you have the guidance of knowledgeable professionals, and that the whole process is smooth, straightforward and pressure-free.
What your options are
Not all precious metals companies offer the same types of gold. For example, some may only offer gold coins; some may only offer bullion; others may offer all of the above. Your job is to make sure you’ve considered every option and how each one fits into your investment strategy.
How your portfolio could benefit
Some investors convert just a portion of their portfolio to gold for the purposes of diversification, while others choose to liquidate all of their holdings. Many use gold as a strategy to avoid unstable paper investments, while others are more concerned about protecting their wealth from the declining dollar. All of these potential benefits are great reasons to consider investing in gold. Your individual goals will help determine which types of gold could benefit your portfolio most.
Take The First Step Today
Get more information about investing in gold by contacting us at Birch Gold Group today. Birch Gold Group is one of the most respected precious metals companies in the industry, offering a wide variety of gold options and other precious metals to all types of investors.
Proudly maintaining A+ by the Better Business Bureau, we are the precious metals company of choice for those who appreciate the personal touch and believe that integrity is still important. Our client satisfaction and record of service is exemplary, and our knowledgeable specialists are happy to provide a customized gold investment strategy for your portfolio.
Call us today at (800) 355-2116 or complete the short form on this page to request more information today.