The value of precious metals has risen significantly over the last few years. Thus, many Cincinnati investors want to buy gold as a valuable investment. In addition to gold, investors also buy silver, platinum, and palladium to diversify their portfolios. In Cincinnati, you can invest in gold online and offline.
Cincinnati residents looking to invest in gold have several options to choose from, and many opt to buy gold coins and bars. Specifically, many longstanding coin dealers in the city make Cincinnati one of the best places to buy gold coins and bullion products. To learn more about gold investing, keep reading to find out how to get started.
A gold IRA is a tax-efficient option for securing retirement funds in Cincinnati. Consider working with a local or online gold dealer to open an IRA or roll over a traditional one. As a result, you can easily pick a custodian, depository, and IRS-approved gold assets.
An IRA rollover requires a fund transfer that must be completed in 60 days. Otherwise, you’ll face early withdrawal penalties.