The decision to invest is a good financial initiative. This is especially true considering that the amount could have been spent on several things. Be that as it may, you also need to choose the right investment venture. This is to ensure that your invested funds do not go down the drain, leading to a waste of resources and time.

As a result, many people ask questions centering on the best investment schemes. Some of these people question if investing in precious metals is a good move. Well, you should know that there are several advantages of doing this including:

• Easy liquidity
• Tax privileges – This is especially true if you use some investment methods available in some locations
• Limited supply – Which leads to value increase
• Value preservation and appreciation
• A viable way to combat inflation’s effect
• Safe investment haven during political and economic uncertainties

The aforementioned are some of the several advantages. You can click here for more on this subject. However, it is also important that precious metal investment is conducted the right way. For one, the right investment company has to be engaged.

This is very important especially given the rise in the number of schemes that parade as precious metal investment companies. To this end, this article examines one of the acclaimed precious metal companies.

Patriot Gold Group: Legit or Scam?

Patriot Gold Group is no scam company. It is a notable player in the precious metal investment industry and has had and maintained this status for a long while. It might interest you to know that it was founded as far back as the mid-1980s.

In other words, it has decades of experience in the market. Furthermore, it is headquartered in Nashville, Tennessee.

Services Rendered By Patriot Gold Group

It offers a wide range of services required by precious metal investors. As a result, many of its long-term, new, and prospective clients do not have to look elsewhere for these services. Some of the services rendered by Patriot Gold Group include:

Shipping

People can buy tangible precious metals and have them physically delivered to their location. This requires reaching out to the company and adhering to the provided guidelines for executing such transactions.

Storage

Safe storage is often an issue with precious metals because of their innate value. As a result, some clients would prefer that their tangible assets be safely stored in a licensed and secured location. This company can oversee this.

Furthermore, some investment schemes forbid personal storage of these tangible assets. The Self-Directed IRA plan is a prime example as there are even penalties for self-storage of assets acquired through this scheme.

This goes to show how important licensed storage of these investment assets is.

Buy-Back Programs

The prospect of liquidation should be a major concern when choosing these companies. The reason is that the chances of profiting from the investment are greatly tied to it.

On this note, you should know that Patriot Gold Group has a structured buy-back program. As a result, investors have very little or nothing to worry about when it comes to selling off their assets if/when the need arises. Furthermore, the company does not take undue advantage of its clients with its buy-back programs.

Precious Metal IRA

Precious Metal IRA (Individual Retirement Account) is a self-directed IRA plan that allows investors to invest in precious metals. Just as with other IRA plans, it is overseen by the IRS (Internal Revenue Service).

It is considered one of the best ways to invest in precious metals, especially because of its massive tax privileges and its overall structured scheme. However, not every investment company offers this service, especially because of the complexities involved.

Well, Patriot Gold Group is up to the challenge as experience has shown. As a result, its clients can make the most of this investment scheme and enjoy the benefits that come with it. For more information on what a gold IRA scheme is and the benefits associated with it, you can visit: businessinsider.com

What Investors Stand to Gain with Patriot Gold Group

The expertise and experience of this company put it in a pole position in the precious metal investment industry. As a result, some of the things that its clients stand to gain include the following:

Competitive Rates

This is one of the remarkable things about this company. For example, it is advised that investors using its IRA plan pay no fees. However, there is a need for more clarification on this as some fees are basic with this investment approach.

Promotions

Patriot Gold Group is certainly one of the most generous bunches out there. This is considering how it occasionally conducts promotions in the best interest of its clients. For example, it is known to occasionally offer free coins to clients who qualify for such.

Impressive Reviews

Of course, companies like Patriot Gold Group are going to review themselves as outstanding on their official website. However, it takes researching credible review platforms to truly discover how reputable these companies are. To this end, you should know that Patriot Gold Group has impressive reviews on these non-partisan platforms.

For example, it is rated the best precious metal IRA dealer in the country by ConsumerAffairs. This take by this platform was informed by the numerous positive reviews by clients on the platform. Furthermore, platforms such as Trustpilot and Better Business Bureau (BBB) equally rate the company highly.

Education & Customer Support

The company makes it a point of duty to guide its clients, every step of the way. This includes providing very informative guides and agents to make sure of this.

Fast Process

It is not the practice of the company to delay transactions. For example, an IRA account setup happens quickly.

Downsides of Patriot Gold Group

There are a few areas where the company needs to do more. Some of them are outlined below:

High Minimum Investment

Many people are unable to make the most of its services because of the high minimum investment. As of the time of writing this article, the minimum amount that can be invested is set at a hundred thousand US dollars.

Restrictions on Precious Metal Investment

Clients can only purchase or invest in gold and silver. The possibility of doing the same with other promising precious metal assets like platinum and palladium is ruled out. Furthermore, the company is also not too diverse when it comes to collectibles and coins.

Conclusion

Patriot Gold Group is certainly a very reputable precious metal investment company. However, it has some downsides as mentioned early on. People who are not affected by them can make the most of the precious metal services of this company.