Buying gold bullion and gold coins is not the only possible way to invest your hard-earned money in gold. There are plenty of other opportunities. And you probably never heard about some of them, which means you might be missing huge opportunities. Let’s fix it, and let’s talk about 4 great ways to invest in gold!
The first way one pretty bold, and that is…
1) Rolloving your existing 401k or IRA plan into Gold IRA
Sounds familiar? No? Let’s get this sorted out!
What is a Gold IRA? A Gold IRA is an IRA in which physical gold is held in custody for the benefit of your account. Even a small percentage of your portfolio that is dedicated to physical gold bars and (or) coins can have a positive impact on your portfolio and protect your savings when the recession hits.
Some people prefer silver over gold (and yes, the term Gold IRA refers to investing in Silver, Platinum and Palladium as well as Gold).
Should you get a Gold IRA? It’s up to you to decide. In order to learn more about Gold IRA, get this free gold investment kit and watch my video:
But here we might have a slight issue. An individual retirement account, whether a 401k, Roth IRA or Gold IRA, is still a government program. If you are a conspiracy theorist (like I am!), you know that there are a lot of risks associated with storing gold within the banking system or other financial institutions.
So, the next way to invest in gold may seem especially interesting. And that is
2) Investing In Physical Gold & Silver Stored Outside The Banking System
Sounds fantastic and unrealistic?
Just imagine! Wouldn’t it be nice if you could buy coins and bars and store them not at home, not in a safe deposit box, but somewhere in… Switzerland, which is known as the country of banks?! Or Singapore, or even in the United States.
And the opportunity exists!
Goldbroker provides secured storage in your name in New York, Toronto, Singapore, Zurich) outside of the banking system.
You can buy gold or silver coins and bars, and they store them in a secure vault.
That means, if something really bad happens, say, the stock market crashes, or the next recession hits, or the gold mining companies’ shares go down, you still own your assets stored in a secure vault.
Attractive, isn’t it? Watch to learn more:
But what if you are an average person who just wants to buy a few coins or bullion?
3) Buying Gold Coins & Bullion
Obviously, this is the easiest way to become a gold investor. A few mice clicks – and you’ve just purchased a gold coin.
I believe that the best gold coin to invest in is The American Eagle. I have a video about different types of gold coins, feel free to watch it:
So, where do you buy gold coins from? Well, you can find them on Amazon, eBay, but there also are special websites that offer a wide variety of gold coins and bars.
BullionVault is the world’s largest online investment gold service. As a BullionVault’s free member you can make a one-time purchase or set up the regular gold investment plan.
4) Gold Mining Stocks, ETFs, Mutual Funds
There are plenty more pebbles on the beach for the stock market enthusiasts. You can invest in
- gold mining stocks;
- gold-oriented exchange-traded funds (ETFs);
- gold mutual funds.
Some of the most popular gold producing companies to invest in are
- Barrick Gold;
- Newmont Mining;
- AngloGold Ashanti;
Finally, if you are serious about investing in gold, and other commodities, I just want to let you know that there is a premium newsletter for investors, get it here. As a premium member, you will get access to a portfolio with top stock picks in gold, silver, energy, technology, cryptocurrencies and more!
But please don’t forget!
If your investment portfolio is tied to paper assets (paper gold included), you are in big trouble!
I hope, this quick overview will help you choose the best way to invest in gold. Of course, there are other opportunities, so please, post a comment below, and let me know what you think.