Posts by Kirill Zagalsky

February 28, 2024 |

GLD and Gold ETFs vs. Owning Physical Gold

Gold bars

There are many ways for investors to get exposure to the precious metals markets. You can buy shares of mining companies, buy shares of exchange-traded funds (ETFs) backed by gold or silver, buy or sell gold or silver futures contracts, and even purchase gold or silver certificates.   While investments like certificates and ETFs provide exposure to precious metals markets, they’re not a substitute for purchasing real, physical gold or silver. Let’s walk through how GLD and other ETFs compare to physical gold ownership and when... Continue Reading

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October 18, 2023 |

How to Invest in a Gold IRA

The Gold IRA has become the go-to vehicle for many investors looking to secure their portfolio with physical gold.  Investing in a Gold IRA is easy. This guide will help you:  Decide a Gold IRA is right for you Find a custodian Open a Gold IRA account Fund your account Determine your fees Understand the rules of a Gold IRA We hope to arm you with the information to make a wise decision and show you how buying gold with IRA funds is a fairly... Continue Reading

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October 18, 2023 |

Are Gold IRAs Safe? Everything You Need to Know

lower prices; gold bars

Investing involves risk, whether in a new product, real estate, stocks, bonds, or even retirement funds. What makes investing less risky, traditionally, is diversifying a portfolio. Instead of putting their eggs in one basket, many insightful investors might allocate their assets across a spectrum to protect against various economic factors.   One of those investment vehicles? Gold.  IRA gold investment is an increasingly popular avenue, especially for those who are close to retirement. One common question, however, is whether Gold IRAs are safe options for retirement... Continue Reading

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October 15, 2023 |

How to Invest in Cryptocurrency

Fortunes have been made and lost on cryptocurrency.  From turning a few bucks into millions to losing an encryption key that would unlock life-changing money, it seems everyone has a story. The world has gone crypto crazy.  This guide will educate you on how to invest in cryptocurrency.  We’ll give you a few key considerations to ponder before diving into crypto investing.  In the end, we simply hope to help you make an informed decision.  Let’s get started.  What is Cryptocurrency?   Cryptocurrency is a... Continue Reading

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September 11, 2023 |

Traditional Gold IRA vs. Roth IRA: What’s the Difference?

weaker dollar, gold strength

There’s an old saying, “You reap what you sow.” It means the crops you harvest in the future come from the seeds you plant today.  Gold IRA investing is similar.  Traditional and Roth IRAs both provide, but the harvests will be a bit different.  We will take a closer look at Gold vs. Roth IRAs and familiarize you with their similarities and differences What Traditional Gold IRAs Have in Common With Roth IRAs  Considering a Gold IRA vs. Roth IRA is like choosing between two... Continue Reading

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August 23, 2023 |

Gold IRA Tax Rules: How is Gold Taxed in an IRA

investment in gold

First things first: Gold IRA tax rules and regulations are identical to those that govern the traditional IRA you may already own or are familiar with.   Understanding the Gold IRA tax rules for 2024 and beyond is essential for investors. Otherwise, you might incur costly penalties and expensive tax consequences.  Gold IRAs are taxable, and the type of IRA you choose determines how and when the IRS taxes your account. The three different types of Gold IRAs are:  Traditional IRA  Roth IRA  Simplified employee pension... Continue Reading

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July 18, 2023 |

How to Invest in Precious Metals

The world seems topsy-turvy these days. We understand the world can feel filled with bad news lately and peace of mind can feel elusive to many people. That’s why more and more investors are going back to basics and turning to precious metals as the foundation and anchor of their portfolios.  Having been used as currency and recognized as valuable for thousands of years, some modern investors are clearly seeing what others before them saw—that precious metals can be a great way to store value... Continue Reading

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May 18, 2022 |

Is China Taking Control of the Gold Market?

china_gold

Investing in gold has only increased in popularity over the past few years. As market uncertainties continue to drive investor sentiment in conflicting directions, more and more people have begun to diversify their investments and purchase quantities of physical gold.  But gold is attractive to more than just individual retail investors because of its steady (if not increasing) price. While nations have always accumulated gold as part of their reserves, some countries, including China, have increased their gold holdings over the past few years.  China... Continue Reading

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