Gold is highly recommended as part of any investment portfolio. Gold can protect against inflation, global currency devaluation, and other economic upheavals. But how do you actually invest in gold? The easiest way is to purchase gold-based assets such as stocks, bonds, or mutual funds. Keep in mind that investing in gold does incur fees and taxes; however, the tax advantages may outweigh these costs if you are in a higher tax bracket.
The first question that arises when one discusses gold IRA companies is whether or not they are legitimate. People are naturally wary of con artists and scams, and the gold IRA arena is not exempt from this fact.
Though there are a number of gold IRA companies that are not legitimate, there are a great many others that are very much so. What makes the difference between a legitimate gold IRA company and a scam? The following are five common traits of a gold IRA company.