Advantage Gold Reviews
About Advantage Gold
Advantage Gold is a company who says they take pride in being the industry leader helping people to convert their existing IRAs or 401(k)s into a gold or other precious metal IRA.
How Does It Work?
Advantage Gold is currently offering people a free copy of their Gold IRA Guide, which it says will explain to people a “secret IRA loophole” which will allow them to “reap huge benefits” and allow you to protect your retirement.
While a traditional IRA is said to hold paper currency, or like stocks and bonds, a Gold IRA is a special kind of IRA which will take the available currency in your IRA – or at least part of it – and roll that over into precious metals. Advantage Gold is specifically recommending and IRA where your money would be tied into gold bullion.
For interested customers, the Advantage Gold website says their free Gold IRA Guide will teach you how to effortlessly secure your IRA or 401(k) with gold, and without fees and taxes from the IRS. You'll also learn how gold protects your money against risk of inflation and acts as a safeguard against stock market volatility, as well as the advantages of diversifying your portfolio and why everyone with "paper assets" could be in jeopardy.
If you decide that you would like to work with this company on potentially changing your IRA, the website promises that one of their trained precious metals experts will guide you through every step of the process, from beginning to end.
Though this website says that they offer their investors “transparent pricing” there is no publication of their costs, nor any estimates or examples on their website of what it may cost the average IRA holder to successfully roll their investment over into precious metals. Potential customers will need to speak with a representative regarding all costs associated with this process.
As a financial institution, it isn’t uncommon that Advantage Gold does not offer a standard Refund Policy to their customers. However, it is important for potential customers to know that their Terms and Conditions clearly states there are no refunds, returns, or exchanges permitted for any of their customers – all sales of precious metals made through this organization are final.
Customer Service Contact Info
Customers who would like to contact Customer Service with any questions, concerns, or complaints can do so by phone at 800-341-8584 or by email at [email protected]
Unfortunately this company does not have really any customer or user reviews found at independent sources outside of their website at this time. That being said, there are sources available online which can help people decide whether or not a Gold IRA is right for them.
Forbes Magazine has published articles about alternative IRAs, including those that are invested in precious metals, and so has Bankrate.com and the Wall Street Journal. All of them say that it makes sense for certain people to diversify their IRAs beyond the classic stocks and bonds of traditional IRAs, but how you choose to do this and the kind of alternative IRA you choose is incredibly important, and not a decision to be made lightly.
Forbes points out that even the slightest mistake in rolling over your IRA can result in huge penalties from the IRS, while Bankrate.com says that precious metals IRAs are generally not recommended for the average retirement fund because of the fees which have to be paid for bullion storage and for it to be valued every year to comply with certain regulations. In addition, unlike other types of IRAs, precious metal IRAs do not pay interest or dividends, which is not feasible for some people.
Finally, even Advantage Gold admits that the value of precious metals are like any other commodity, and they can depreciate in value at any time – changing from paper currency to precious metals does not guarantee growth or security.
Customers who are considering making this change should first discuss it with a financial advisor who is not biased toward representing a specific type of IRA.
Competitors and Alternatives?
There are many different companies that offer people the ability to invest in precious metals, like Investment Rarities Incorporated, Swiss America, and Capital Gold Group, as well as companies which promote precious metals IRAs, like LearCapital, Goldline.com, and others.
If you have experience with this company or their products, please leave your Advantage Gold reviews below.
13 ‘Advantage Gold’ Reviews
Invested in GOLD! I would certainly recommend contacting Advantage Gold if you are interested in learning about precious metals. This firm is first class and completely focused on taking their time to educate on the entire process of owning precious metals..from soup to nuts! They answer the WHY and the HOW.
I've dealt with a bunch of gold companies over the years and I've bought and sold a LOT of gold. I have to admit, not every company I've dealt with made me, but I've certainly made a lot of dealing with Advantage. One of the easiest dealers to work with and I am truly a fan of their product recommendations. I'm sure I'll be dealing with them again asap. I'm getting really excited to see what happens when gold starts going way up!
My experience with Advantage Gold has been nothing short of exceptional. The staff is extremely knowledgeable and helpful and I feel that my needs have always been met throughout my relationship with them. I look forward to a long, profitable relationship!
I've tried a couple of dealers and by far my best experience have been with Advantage Gold. Their customer service is amazing- I never have to wait to speak to a real person, no automatic robot voice menus
like in other companies. People are knowledgeable and warm. My experience has been great in all of my interaction. Highly recommend!
Great experience all around. The best part is I price shopped the specific coins for my portfolio across a half dozen different dealers and these guys beat them all! The IRA process was easy and smooth and my agent Michael always calls exactly when he says he will. Advantage Gold is trustworthy, honest, and take care of their clients. THANK YOU!