Does Vanguard Offer Gold IRA?

Vanguard is one of the most well known and trusted names in the investment industry. They have been around since 1975 and are known for providing users with flexibility and freedom when it comes to their investment strategies. They are consistently offering their users with new investment opportunities and many users are wondering if Vanguard offers gold IRA?

In this article we will talk about Vanguard’s Gold IRA offerings and what we recommend when thinking about buying Gold IRAs.

Does Vanguard Offer Gold IRA?

No, Vanguard does not currently offer gold IRAs but they do offer a few closely related options within the gold and precious metals industry. Although Vanguard doesn’t offer their own gold IRA option, they do offer their users the opportunity to purchase the Vanguard Global Capital Cycles Fund (VGPMX) which is a fund that has invested nearly 25% of their portfolio into mining companies and precious metals such as Gold.

Although, Vanguard does not offer their own Gold IRA, they do offer a few other options when it comes to investing into the Gold IRA industry. This type of investment is becoming even more popular because many experts are providing many positive gold price predictions for the future. We will talk more about the benefits of investing in a Gold IRA below.

Who Are Vanguard?

The Vanguard group, Inc is one of the most well known American investment advisor groups in the world. They were founded as a private investment management group in Pennsylvania back in 1975. Vanguard offers a wide variety of investment products and services that range from mutual funds, exchange-traded funds, stock brokering, private asset management, and more.

Vanguard quickly became one of the most trust investment service companies because of their high quality service and product offerings. The company was founded by John C. Bogle and the CEO is Mortimer J. Buckley who have led the company to achieve over $6.9 billion dollars in revenue this past year.

Vanguard and Fidelity are known to be two of the largest investment firms in the world. Learn the answer to the question of does Fidelity offer Gold IRA. Vanguard is one of the most well respected and most popular investment providers who help hundreds of thousands of customers each year.

Why Don’t Vanguard Offer A Gold IRA or Precious Metals IRA?

Vanguard is constantly trying to expand their investment product and service offerings but they have yet to jump full force into the precious metals industry. They have a few different mutual funds that collectively contain precious metal companies or mining companies but they do not have their own gold IRA.

Many experts believe that Vanguard will step into the precious metals industry by offering a wide variety of different IRA or retirement investment opportunities within this industry. This could mean that in the future there will be gold IRAs, silver IRAs, copper IRAs, or other precious metal IRA options provided by Vanguard. There have even been a few rumors that Vanguard will soon get involved with other types of gold investments such as Goldbacks or coin grading services to provide even more services to their customers.

What Is A Gold IRA?

A gold IRA or a gold Individual Retirement Account is a specialized retirement account used by individuals to hold gold or other precious metals as a long term retirement strategy. A gold IRA is known to be a self-guided or self-directed individual retirement account instead of other forms of retirement accounts that are managed and operated by a third-party.

A gold IRA allows an individual to diversify their retirement portfolio and also provides many benefits when it comes to tax preferential treatments and tax deference. A gold IRA can provide you with diversification but also provides stability since gold is a finite resource compared to other investments that can be mass produced.

Where Should I Purchase A Gold IRA Since Vanguard Doesn’t Offer A Gold IRA?

Since Vanguard does not currently offer a Gold IRA, there are a few other companies that we recommend. Below are the investment companies we recommend you buy your gold IRA from:

Augusta Precious Metals

Augusta Precious Metals is our number one recommendation when it comes to Gold IRA and other forms of gold investments. They are known for being one of the largest companies in the precious metals industry and have helped hundreds of thousands of customers invest in gold, silver, and other precious metals.

Since Vanguard doesn’t offer a gold IRA, Augusta Precious Metals is the best place to buy a Gold IRA. They have established themselves as one of the most trustworthy investment companies compared to other companies such as Golden State Mint.

Their team have over 20 years of experience investing in gold and other forms of precious metals and will assign you a dedicated support agent to help you learn what the best investment strategy is for your goals.

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Andrew Thompson

Andrew Thompson is the founder of Precious Metals Guy and has been investing in precious metals such as gold, silver, platinum, and more for over 20 years. He firmly believes that precious metal can be a great long term investment strategy for every investor or collector. Andrew has been featured or quoted in Investopedia, Business Insider, Forbes

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