When you’re dealing with investments and your hard-earned money, the one thing you want is someone who is one of the best in their industry. With so many choices for precious metals specialists out there, it can be overwhelming to choose the right company for you, especially when they pop up seemingly overnight.
One of the newer precious metals brokers on the scene is Advantage Gold. While it can be hard for these newcomers to establish themselves in an already saturated field, Advantage Gold has taken the investment industry by storm. Investors are buzzing about Advantage Gold and this review will give you all the details on why they are a solid option when you’re looking for a precious metals broker.
Who is Advantage Gold?
According to MyRetirement Paycheck, Advantage Gold was founded in 2014 by Kirill Zagalsky, a licensed commodities broker, and Adam Baratta, a well-known entrepreneur, and award-winning writer, director, and producer.
Both bring extensive knowledge and expertise to their company, as do their team of precious metals experts who have helped thousands of customers with IRA rollovers and diversification of their retirement account.
If you’re new to investing, or you just enjoy learning about all things investments, you can rest assured that Advantage Gold will keep you in the loop. They take their education seriously and they enjoy helping consumers to learn about the industry.
If you can’t find the information you’re looking for on the website, you can contact one of their representatives in real-time to discuss issues such as tax codes, benefits/risks of investing, and types of IRA’s, just to name a few.
Why Invest in Precious Metals?
Often when we think of investing, we don’t think of investing in precious metals like gold, silver, platinum, and palladium, and instead focus on stocks, bonds, real estate, and now cryptocurrency.
So, why invest in precious metals, anyway?
Precious metals are a great investment because they tend to be stable when compared to other investments. They also behave in opposition to other economic forces. For example, when the stock market is falling, precious metals tend to increase in value.
If this makes you want to go straight to all precious metals for your investments, don’t do it. Investment experts recommend that precious metals make up a small part of your investment portfolio–just enough to give you a nice buffer if the stock market starts to tank. This gives you peace of mind that no matter how the markets are fluctuating, you’ll always have some protection.
Gold IRA Accounts
Many precious metals companies will offer a variety of accounts to their customers. Advantage Gold, however, only works in self-directed gold IRA’s. While this may seem limiting, it actually means that you’re getting experts who know everything there is to know about gold IRA’s. With this being their only area of focus, you’re getting experts in the field.
A self-directed IRA is different from a standard IRA because you have the choice to do as you see fit. As long as you follow the rules set forth by the IRS, you’re able to do whatever you want with your portfolio. If you like the freedom to make your own choices, but with guidance from an expert, then Advantage Gold is going to be a great company for you.
Who Should Invest with Advantage Gold?
Anyone with an IRA should consider diversifying their portfolio with precious metals. This is just good, sound advice for any investor. However, Advantage Gold is particularly good for those investors that are new to the investment world. They offer up enough education and information to make what seems like a bunch of mumbo-jumbo actually more approachable.
Don’t be fooled, though. Advantage Gold is great for those investors who are quite knowledgeable and experts in investments. They encourage you to do what is best for your portfolio and make sure to point you in the right direction when making choices for your long-term success.
The best way to gauge a company is to look at how their customers review them. Sure, any company can make a website that looks and sounds amazing when you visit it, but what do their paying customers say?
When I am looking at a company, I like to go to third-party companies for unbiased reviews. This includes the Better Business Bureau (BBB) and TrustPilot. Across both platforms, Advantage Gold gets top-notch reviews, including praise for their customer service, education, and their complete transparency with fees.
TrustPilot has over 900 reviews for Advantage Gold with a consistent score of 5 out of 5 stars, which is almost unheard of. The BBB has over 25 reviews, again with all 5 out of 5 stars with some reviews even mentioning that they had turned to Advantage Gold after having a bad experience elsewhere.
Now, don’t let their excellent reviews fool you. There were some negative reviews, albeit only two in the past few years. This gives Advantage Gold an over 99% customer satisfaction rating, which is amazing.
Advantage Gold Buyback Program
A good IRA company will offer a buyback program to its customers when it's time to liquidate. This means you won’t be stuck looking for a buyer when it's time to access your cash and you won’t have to sell your gold for a loss, either. The Advantage Gold buyback program ensures that you won’t lose investment value when it's time to sell.
When you’re ready to liquidate your precious metals, you will fill out an email form and send it to the company. They will then calculate the amount you’re owed based on the price of the metals on that day and in some cases you’ll receive payment within that day.
The Bottom Line on Advantage Gold
Planning for your retirement can be stressful, especially when you’re not sure about where to start in the investment world. Or, maybe you’ve been investing for a while but you’d like to branch out and diversify your portfolio with precious metals, particularly gold. Maybe you’d like to read up on investing before you even begin to dip your toes into the pool.
Whatever your “why”, you won’t find a company better than Advantage Gold. Sure, they’re the “new guy” on the investing block, but don’t let that scare you off. With an over 99% satisfaction rating from their customers, extensive knowledge and expertise in gold investing, and fast, friendly customer service, you would be hard-pressed to find a better company than Advantage Gold for all your gold needs.