So you’re looking for a way to diversify your retirement portfolio but want to get away from mutual funds: Have you considered opening a self-directed IRA instead? If you have it – and wanted to find a way to use your physical gold – you may have heard of Noble Gold!
This company has something else that might interest you: Precious Metals IRAs! With Noble Gold, you can set up a self-directed IRA which can then be filled with various metals purchased from Noble Gold.
In this article, we will go deeper into the topic, covering all the advantages and disadvantages of investing in a precious metals IRA through Noble Gold. Sound intriguing? Read on!
Learn more about the Noble Gold IRA
What is Noble Gold?
Noble Gold is an interesting precious metals company. While they may not offer the most competitive gold prices (as the price of gold is constantly changing), they do offer a wide range of products for customers to choose from. Some examples are gold coins, gold bullion, silver coins, silver bullion bars, pinned coins, and collector’s coins such as the American gold eagle.
One way to use Noble Gold services is to purchase gold bars / silver bars and have the actual gold shipped to your home. However, if you plan to use it for retirement, putting it in one of their precious metals would make more sense.
Self-directed IRAs are unique investment options in the sense that you can pick and choose what types of assets — such as real estate or metals — you want to add to, unlike traditional options. This gives the investor more control over where their money is actually invested.
In addition to selling gold coins and other precious metals, this reputable gold and silver dealer also enables its clients to open a self-directed IRA account with investments in precious metals. Offering IRAs – commonly known as precious metals IRAs – is the company’s primary service.
At this point, you’re probably wondering about the process (and costs). The sections below should answer your questions!
How to unlock an IRA with Noble Gold
It’s easy to start diversifying your retirement accounts by investing in precious metals with Noble Gold hardware. To get started, you will first need to head to their website and fill out a registration form. The form will guide you through the entire setup process, putting you in touch with the necessary parties and helping you set up your account.
After creating your IRA, you can start converting your retirement funds into physical assets by purchasing gold coins, silver bars, and other precious metals from Noble Gold. The main benefit of doing this process is detachment from the market. Unlike stocks, metals are relatively independent of the market, which makes them an excellent hedge against inflation.
the benefits
Being able to diversify one’s retirement portfolio beyond traditional stocks, bonds, and mutual funds is the main reason you should choose to create a precious metals IRA, but why choose a Noble Gold IRA in particular? Well, there are a few reasons why you would want to stay with this particular company.
First, the minimum investment requirements are reasonable. You’ll only need to make an initial investment of $2,000 (although you can add more later!).
Transferring money is a straightforward process and shouldn’t take long to complete, but Noble Gold has plenty of educational materials for you to check out in the meantime.
The few fees that you have to pay are very affordable. Opening an account is free, although you will have to pay an annual fee of $80. In addition, you will also be responsible for the annual secure storage fee ($150).
However, you get a lot more for paying those two fees. Your precious metals will be held in secure, IRS-approved warehouses from International Depository Services. Storing your investments in this type of storage facility ensures that your IRA remains IRS compliant, secured and safe in a secure warehouse.
Defects
All in all, Noble Gold investments are a great way to diversify your investment portfolios. However, this type of alternative investment comes with some drawbacks that you need to keep in mind.
Just like with the stock market, the premium coins and bars in a self-directed gold IRA will not be insured by the FDIC (thankfully, your storage fee includes the insurance!). However, your gold investment is not as liquid as stocks. You will need to sell physical minerals to withdraw your investment(s), which may take some time.
Concluding thoughts
Investing in precious metals IRAs through Noble Gold using physical assets such as silver bullion or gold coins is an excellent way to protect your future. Since these retirement accounts generally operate independently of the market, you won’t incur huge losses (in case the market turns for the worse).
Of course, it is always important to do your own research and consult with your financial advisor before making any important decisions. However, we believe that the historical performance of gold (and other precious metals) speaks for itself. People have been using gold to store their personal wealth for thousands of years, and many modern investors swear by it as a solid investment.
Is the Noble Gold Era worth it? Considering the simple setup process, minimal investment requirements, low storage fees, competitive pricing, and positive reviews, we sure think so!
Create your own Precious Metals IRA today by clicking here.
Get started with the Noble Gold Era
