Everything You Need To Know About Gold IRA Rollovers

Do you have a retirement or investment account? Do you want to protect your money against inflation and the extremely questionable economy? Have you ever pondered the thought of gold? Well, the solution you are looking for might be with a Gold IRA Rollover.

What in the world is a Gold IRA Rollover? Well, it’s the official term when referring to the process of opening a new self-directed IRA that will be used solely to invest in gold.

Rollover Vs. Transfer

You may be thinking, “why don’t I just invest in gold with cash?” or “couldn’t I just cash out my retirement and then invest in gold?”. Now you may think that those are smarter, more straightforward options. Well, there are two better ways of doing this: a rollover or a transfer. However, performing a Rollover is guaranteed to be a more tax-friendly way to do this. Now, wait, aren’t a rollover and a transfer the same thing? You may think that, and you’re not alone. But, the Internal Revenue Service has two completely different definitions of those two words.

A rollover may seem like a cashout; however, when the funds get paid to you, they are delivered with the specific intent for you to be depositing them into another account. At the same time, a transfer is where the original custodian of the IRA will transfer the funds to a different custodian of a separate IRA. In a transfer, you won’t touch, see, or smell the cold hard cash.

In a rollover, you have precisely 60 days from initiating the rollover to deposit the money into the gold IRA or to a custodian of the gold IRA. If you fail to do this within 60 days, it has become a cashout, and you may face the penalty for an early cashout, and believe me, the IRS loves to collect what they think is rightfully theirs. If you choose to do the transfer, don’t worry about the 60 days it is inapplicable. You should work with gold IRA rollover companies to get all of this done properly.

Gold IRA Rollover and a 401K

So, you’re thinking in your head, “this sounds awesome, let me pull from my 401K and do this!” well, hold on a second. There are some specific rules when it comes to a 401K and a Gold IRA Rollover. If your 401K is from a previous employer, then go ahead and skip reading this. If you have a 401K with your specific employer and you want to attempt a Gold IRA Rollover, go ahead and contact your payroll department, as they may prohibit doing so unless you plan on quitting.

Investment Strategies

I am not a financial advisor, and this cannot be considered financial advice. With that in mind, we will cover some commonly used strategies in different situations. If you are only looking to diversify your investment portfolio, the typical method is to invest 5-10 percent of your total funds in precious metals. If you happen to be losing your trust in the United States Dollar, you’re looking more towards 10-20 percent of total funds. Now, if you’ve completely lost faith in the entire system, look to invest upwards of 20-30 percent of your complete portfolio.

Stock Vs. Physical Metal

This isn’t just buying stock in gold companies, and you can also physically purchase gold. Now, can you invest in any old gold? NO! The IRS prohibits explicitly investing in anything minted at less than a purity level of 99.9 percent. Some examples of what you can invest in are the American gold & silver eagle, Canadian Gold Maple Leaf, Austrian Philharmonic, American gold, and silver buffalo, amongst any other similar coins. As far as gold bars go, the Credit Suisse gold bar would be acceptable under the IRS standards. I know I’ve made a big fuss about gold here, but a Gold IRA Rollover isn’t just about gold. You can invest in gold, silver, platinum, or palladium. It’s very versatile and provides you with many great options.

As with all financial decisions, it would be a safe bet to consult with a financial advisor before doing this, as they will have significant input and will be able to help you along the process.

Storage of Physical Precious Metals

Upon purchasing, you will need somewhere to store your metal, and unfortunately, no underneath your pillow won’t cut it. It would be best if you had a third-party custodian, NOT A BANK. Not to worry though, there are Gold IRA Rollover depositories located all over the United States. Some with extremely reputable names. Have you ever heard of the security company Brinks? They are one of the many!

Some of these companies have incredibly crazy insurance policies to ensure that your investment is protected no matter what.

There are two different methods of storage within these depositories, segregated and commingled. Segregated means that your precious metal will have your name marked on it. It will be cataloged and stored in your custodian’s specific area of the vault. Commingled means that your metal will be held in your custodian’s particular area of the vault. However, it will be mixed with other client’s precious metals. Because most people don’t like their precious metals marked before selling, they opt for the cheaper commingled option.


Host Your Gold Site

You need web hosting that will give your business a competitive advantage. Business is not easy. It is competitive.

Most likely, your competitors are using the best hosting. Thus, you require superior web hosting. If you do not have good web hosting, potential customers will skip your website and visit the websites of your competitors.

You should not compromise on hosting. You need to read small business web hosting reviews and decide on the hosting that will give you value for money.

You need a web host that has been in business for years or even decades. You should not opt for a new market player.

You will not effectively compete with other businesses if you opt for free web hosting. With this, you will not be able to get a domain name. In addition, you cannot create email addresses.

The free hosting provider will provide you with a sub-domain on a particular domain name. Thus, you will be branding the free hosting provider and not your business.

Free hosting is simply a waste of time. You do not control the root of your website. Thus, you cannot install any code that will make your website more functional. You also cannot install advertisements.

You need paid hosting that comes with an independent domain name. Before you pay for any hosting, you should consider small business web hosting reviews.

You should choose a good domain name. In some cases, you can get a free domain name if you purchase a hosting account.

With shared hosting, you share a server with other webmasters. This will involve sharing bandwidth and other server resources. This is an entry-level hosting package.

If you want a serious competitive advantage, you need more than shared hosting. You require dedicated hosting. This will set you at par with the leading market players.

The best-dedicated hosting will give you close to 100% uptime. Your website will always be up. Every second of downtime means lost business. The lost business will go to your competitors.

With dedicated hosting, you do not spend your time managing your hosting. The support staff of the hosting company will do that. This will give you more time to focus on value-adding activities.

With dedicated hosting, you get a dedicated IP. Sharing an IP with websites with compromising content will affect the reputation and SEO ranking of your website.

The Bottom-Line

The best hosting will make you competitive. You also need to have a functional, aesthetically pleasing, and user-friendly website. This website will rank higher in search engines. You should populate your website with engaging content.


Hosting Your Investment Site With Confidence

You should be extremely careful when selecting a web hosting company. Most individuals, especially owners of small business, try to find the cheapest web host when launching their website for the first time. This is a grave mistake, as individuals surfing the internet are extremely unforgivable. If your site does not open on their browser in a couple of seconds, they will visit another site. Apart from this, they will never visit your site again if they view the dreaded `404 sites not found’ error message on their browser. You can rest assured that these individuals will never visit your online store, even if you sell stuff at highly discounted prices. They want instantaneous service, which you cannot offer if you depend on an unreliable web hosting company. Here are some tips you should keep in mind before selecting a small business web hosting agency.

Always opt for leading hosting agencies
You should always select a leading hosting agency even if that means paying more. All of them have different plans for you to choose from, and you can select one that meets your financial abilities. You can start off with shared hosting, which is the cheapest when launching your online store for the first time. As business starts to grow, you can switch over to a dedicated hosting plan. You need not worry about this, as the technicians of the hosting company will perform the switch-over task seamlessly so that there is no downtime. Most renowned offer their client’s option to upgrade to a higher plan.

It goes without saying
When you hire the services of a reputable web hosting agency for your small business web hosting requirements, you can be sure that you will get 99.99% uptime and a high-speed backbone. This means that your page will load on your client’s browser quickly and they will never see the “site down” message. Once your online business is running smoothly, you might want to opt for cloud hosting. In this plan, the hosting agency mirrors your website on different servers across the globe and connects your client to a server nearest to them. This also increases the connection speed.

Look for freebies and check for maintenance
Ensure that the company you are entrusting the job of hosting your website has technicians available round the clock to fix problems as and when they arise. If you opt for managed web hosting, the technicians of the hosting company will update the operating system with patches and also update the operating system itself when a new version comes out. Check for freebies like free scripts and webpage templates. They can cost you quite a lot if purchased separately. Certain hosts also provide you with coupons that allow you to advertise your website on social networks and Google’s Adsense. Some of them also include optimizing your site as a part of the hosting plan.


Web Hosting For Your Investment Site

The choice of a good web host is important in terms of the security of your site. You must be careful to choose a good web host that makes an active effort to keep the hackers out. The service provider does not have to be a giant in small business web hosting to offer robust security.

A number of affordable web hosts are active in taking action to protect against hackers. They are also known to offer help to customers who have been hit by hackers. Thus, the price is not an indicator of how well secured you are against hackers. Many expensive web hosts have been revealed over time with the security.

It is also necessary that you make an active effort to secure you and your site. No matter what platform you use for your website, make sure to keep it up to date with the latest update. Each and every new update makes sure to close any holes that have been found in the system.

This will also make your website better protected against hacker attacks after every update you are looking for. If you are using plugins, extensions or the like, be sure to keep these updated. These can also be a source of security holes that can easily be avoided if you just keep them updated.

Hackers are quick to perceive problems and holes in safety. There is, therefore, no reason to make it easier for them. However, when you need to update something, it is important that you take a backup. There may be something wrong during the update, so it’s important that you have an emergency plan so your page does not end up having downtime.

Regular backups are something that many forget about their website. When you talk about security on e-commerce sites, you often think of the danger of hackers. However, a common danger is that there may be errors cause the page to go down. If you have not installed regular backups, this may cost a lot in downtime.

It is likely that your web host will install backups of your site. Therefore, you should investigate it so you are sure that backups are made and how often it happens. Typically, it happens once a day, but it is also good to manually install backups.

If you need to make major changes on your site, you should be sure to make backups. This ensures that your upgrades will take place as painlessly as possible as you do not suddenly stand in a situation where you lose all progress. If you are in doubt about backups, you should contact your web hosting service provider. They will often be able to help you with good advice if you have questions.


Noise Free Investing

Welcome to the new way of investing! The noise free way!

Unfortunately many times, when it comes to investing, it’s all just a bunch of noise. You’ll often see or hear someone just claiming that they have all of the correct answers and moves to make for your investments, and usually it turns out to just be…noise.

This stock is going to end up blowing up, or the market is going to be going up to 30,000, or this or that.

We are tired of all of the noise when it comes to investing and we are here to give you only the real facts to get you the most out of your money.