Get All The Best Gold IRA Updates On Our Site!
The Top 3 Gold IRA Companies of 2020 (And Why You Should Invest in Gold)
If you're looking to invest in a Gold IRA, you want to make sure you're working with the best of the best. With so many companies out there promising huge returns, it can be tough to know who to trust. That's why we've put together a list of the top 3 Gold IRA companies of 2020. Read on to learn more about why investing in gold is a smart move, and how these three companies can help you make the most of your investment.
Why Invest in Gold?
There are many reasons to invest in gold, but one of the biggest is that gold is a hedge against inflation. Over time, the purchasing power of gold has consistently gone up, even when the value of other investments has fluctuated. This makes gold a great way to protect your wealth and ensure that your money still has purchasing power years down the road.Another reason to invest in gold is that it's a safe haven asset. This means that it tends to go up in value when other investments are going down. So, if you're worried about a recession or market crash, investing in gold can help mitigate your losses. Finally, gold is a physical asset that you can hold onto, unlike stocks or mutual funds, which can be more difficult to liquidate quickly in an emergency situation.
The Top 3 Gold IRA Companies
Now that we've talked about some of the reasons why investing in gold is a good idea, let's take a look at the top 3 Gold IRA companies of 2020.1. Fidelity Investments
Fidelity Investments is one of the largest financial services firms in the world, with over $7 trillion in assets under management. The company offers a wide range of investment products and services, including IRAs and 401(k)s. Fidelity also has one of the lowest fees structures of any major investment firm, making it a great choice for cost-conscious investors.
2. Vanguard
Vanguard is another large investment firm with over $5 trillion in assets under management. Vanguard is known for its low-cost index funds, which are perfect for investors who want to get exposure to a broad range of assets without paying high fees. The company also offers IRAs and 401(k)s, as well as estate planning services.
3. Charles Schwab
Charles Schwab is an investment firm that caters to self-directed investors who want to take control of their own portfolios. The company offers commission-free trading on stocks, ETFs, and options, as well as IRAs and 401(k)s. Schwab also has over 300 branch locations across the United States, so investors can get face-to-face help when they need it.