Famous for its Disney World and Universal Studios, Florida, Orlando is one of the most popular tourist destinations in the United States. With a population of only 300,000, the city draws more than 50 million visitors each year.
Orlando is also home to thousands of people who have been building their wealth by investing in precious metals. Most often, residents invest in gold to grow their wealth long-term. However, investors also buy silver, platinum, and palladium to diversify their portfolios.
If you live in Orlando, there are multiple investment opportunities for you to buy gold online and in-store. Keep reading to learn how you can invest in gold in the Sunshine State.
To open a gold IRA, you need to contact a custodian who will help you with the setup process. Then, a broker will help you purchase the products and add them to your IRA.
The IRS also lets you roll over from a list of existing accounts. The rollover process should take no more than 60 days; otherwise, you may be faced with early withdrawal penalties.