(PRWEB) July 02, 2014
Gold prices have reached a three-week high since investors started to heap on the precious metal after the U.S. Fed Meeting announcement hinting at continued low interest rates. Gold reached $1314 an ounce on June 19, the highest price recorded for the past six months. Financial experts predict an upward trend for gold prices with the central banks slowing down their quantitative easing, which is further boosting gold's appeal as an alternative currency and an inflation hedge.
This is one of the main reasons why an individual retirement account with gold is much more appealing and beneficial than an IRA holding currency only. A Gold IRA account has a clear cut guarantee for greater returns in the future. The current financial crisis in most of the financial and stock markets around the world makes a gold IRA even more appealing than never before in history. Inflation around the world is at an all-time high, and governments are printing more money to cover their cash deficits, which puts ordinary consumers at massive risk. Hence, consumers holding money in IRA accounts should start rethinking their strategy. Paper money is not backed by gold anymore and has no intrinsic value. People are losing a lot of their hard-earned money in stocks and other investments around the world. Gold has outperformed the paper currency throughout history. U.S. inflation was highest in 1946, 1974, 1975, 1979, and 1980. During those years, the real return on Dow Jones Industrial Average was -12.33%, while it was 130.4% for gold. On the other hand, gold is considered a high-performing asset that protects one's investment from unforeseen collapses. A Gold Individual Retirement Account (Gold IRA) is one way to protect an individual's hard earned money in these troubled times.
This is where gold IRA companies such as Heritage Gold Group comes into the picture. The Heritage Gold Group offers a wide variety of investment options with gold IRA's, silver IRA's, and 401K's being their primary source of investment options. The company was founded in 2006 by Trevor Gerszt as a division of Goldco Direct. Before investing in a gold IRA account with any financial institution, it is better to know more about the background of such company. Most financial companies would prey on clients who lack financial literacy. The following contains an honest Heritage Gold Group Review. There is good reason to be thorough on the company where one is planning to rollover money from 401K's to gold IRA's.
The Heritage Gold Group has its headquarters in Woodland Hills, California. The company was accredited with an A+ by the Better Business Bureau (BBB) in 2012. The company holds only one closed complaint since March 10, 2013 with the BBB, which is quite honorable for a financial institution.
The Heritage Gold Group has been highly rated by Trustlink.org, which is another authority website that rates financial institutions in the country. These ratings will definitely prove that the Heritage Group is one of the best places to rollover your money from 401K to a gold IRA.
The Heritage Gold Group has been in business only for a short period of time compared to other giants in the industry, but it has earned a stellar reputation, with many beneficial reviews from trusted sources such as: AAA rating from the Business Consumer Alliance (BCA), no complaints from the Complaints Board, no ripoff report content at Ripoff Report, etc. Before the company will initiate the process with investors, they would mail a brochure to the potential client upon request of him or her. The company will assign two account executives to each client account, which is another benefit to the client. These account executives will work closely with the client in allowing him or her to make informed decisions concerning their investments. This is a service which most of the so called big investment companies don't offer their clients.
• Self-direct IRA's offered by the group will allow the client to have full control over the money they invest.
• Help and guidance from the company for clients to make informed decisions on their investments.
• A+ rating from BBB and other trusted sources. Cons:
• Heritage Group's affiliation with Goldco Direct can reduce the transparency and clarity of the transaction.
The Heritage Group has a lot of backing from reliable sources online and offline. This is a major plus point for clients to invest in any financial institution. Also, the parent company – Goldco Direct – has more than 100 years of experience in the financial field to back up the short history of Heritage Gold. For more information on gold IRA and company reviews, go to http://www.primegoldira.com
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