Can Noble Gold Investments help you achieve your financial goals?
Noble Gold is a well-known name in the gold industry despite being relatively new to the scene. They opened their doors in 2016 and have amassed a great deal of customers in that short time. But is this a company you can trust with your retirement savings?
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Noble Gold Review
Early in your investment years, you want to save as much money as possible. You also want to grow it as much as you can. That can mean a heavy emphasis on growth stocks and related funds.
Over time, I think you'll want to start diversifying your portfolio and even introducing some stability to it. Precious metals are a great way to do that. They're an alternate asset class that often runs on different cycles than stocks and bonds, and they can help your portfolio maintain wealth in times of inflation and economic uncertainty.
If you're going to invest in precious metals, then a gold IRA is something I recommend you look into. You can get the benefits of precious metals along with the tax breaks that IRAs have. This does require having a precious metal IRA broker to administer the account, and Noble Gold is one of the options at your disposal that I'm going to talk about today.
Noble Gold Investments
Bottom Line
Noble Gold excels at helping customers thrive when investing in precious metals. Making sure that investors are signing up for services that align with their goals instead of what is going to make the company the most money.
At a Glance
- Minimum IRA Investment: $2,000
- Account Administration Fee: $80
- Annual Depository Fee: $150
- Promotions: Free 3-oz. Silver American Virtue coin for opening an account.
Standout Features: This company is truly committed to helping customers generate investment wealth, and the leadership has plenty of experience in doing just that. Learn more here.
PROS
- Fast and simple gold IRA setup
- Many products to select from
- Transparent pricing and fees
- Convenient buyback options
CONS
- No international gold storage
- Pensions can't be rolled over
What is Noble Gold Investments?
The headquarters for Noble Gold is in the California city of Pasadena. The company was started by Collin Plume and Charles Thorngren. They wanted to offer investors simple and safe ways of purchasing precious metals.
Collectively, they have multiple decades of gold market experience between them. Plume is the president of the company, but both know how to offer good investment advice to the company's customers. The entire organization emphasizes helping investors safeguard portfolios and accumulate wealth in the long run.
Gold IRA options are the most popular products from the company. However, there are also silver IRAs. All precious metal IRAs through Noble Gold hold physical metal instead of the paper assets more conventional IRAs usually center around.
Having a gold IRA in your retirement investment portfolio can work out well during an economic crisis or any situation where paper assets might decline in value. In fact, precious metals tend to hold their value and even grow in times of inflation. They can also stabilize your portfolio when the rest of the economy proves to be tumultuous.
With a gold IRA through Noble, you'll actually be able to see your precious metals online anytime you want. This is despite the IRS requirement that said precious metals be stored in a depository. You can't hold them personally in your possession, but this also takes the responsibility of safeguarding them off of your hands.
Noble Gold can help you create a gold IRA with your own cash, but you can also do a rollover from many other retirement plans. These include Roth IRAs, SIMPLE IRAs, TSP plans, and 457(b), 403(b), and 401(k) structures. I think you should know that Noble Gold Investments also offers investment options in certain cryptocurrencies and precious metal coins with rare or collectible status.
Services Provided
Noble Gold Investments lets you access the historical benefits of precious metals from the comfort of your own home or office. As long as you have online access, you can create a gold IRA from anywhere. You can also invest in silver, platinum, and palladium, depending on the specific products that they have available at the time.
Opening the account can happen very fast. Once it's open, you fund it either directly with your own money or by doing a rollover with a different retirement account. Noble Gold will use those funds to purchase gold coins, bars, and bullion that get stored in an insured vault the IRS has approved of.
When you get to the point of taking a distribution or withdrawing the precious metals, you have two choices. First, you can have Noble Gold ship the metals to your physical address where you take personal possession of them. Second, you can simply have the company liquidate the metals for you and send you the money.
Noble Gold Investments offers personalized advice to its customers. You can consult one of their experienced financial advisors. While there are no guarantees in any investment, you can count on Noble Gold's advice to be based in fact and on the historical performances of precious metals.
The liquidation option is known as a no-quibble buyback policy. Noble Gold won't just buy your metals back but will do so at competitive rates. That means you don't have to wait and find a buyer on your own when you want to liquidate, and you'll be compensated fairly for the values of the metals at the time.
I can assure you that the customer support from Noble Gold is among the best in the business. You can reach them through various communication channels at different times. The company has hundreds of great TrustLink reviews, 5 stars on Consumer Affairs, and a BBB rating of A+ with no customer complaints at the time of writing.
Noble Gold IRA Review
A gold IRA through Noble Gold isn't perfect, but I think the positives greatly outweigh the negatives. I'm going to cover both for you in this section. That way, you can make an informed decision for yourself rather than just take my word for it.
One thing that doesn't always show up in the reviews and numbers is the dedication of the managers of this company. They're truly committed to growing the wealth of everyone investing through them. They had experience in doing that before they founded the company, and they've been getting more experienced at it along the way.
Also, Noble Gold isn't the kind of company that sets you up with an account and then forgets about you. They'll keep you well-informed about your account and industry along the way. You'll have access to plenty of educational resources so your knowledge of the precious metals industry can grow while your investment hopefully follows suit.
Noble Gold offers other services besides precious metal IRAs. You can buy precious metals outside of retirement tax structures if you like. There are also options for investing in cryptocurrencies and stocking up on financial resources for economic catastrophe.
One thing I note as special about Noble Gold is how they have a storage facility in Texas. This is a very central location for many American investors, and it's not always available through other brokers. This particular depository has the highest security level possible for a gold IRA.
While minimum investment levels and specials vary from time to time, Noble Gold often has some of the lowest thresholds in the industry. They really want precious metal investing to be available to as many people as possible. This is a company that wants to help you generate wealth instead of just catering to those who already have it.
Setting things up with Noble Gold is super fast and easy. Their customer support teams are widely available. The professionals here have serious expert guidance to provide you with.
As much as I respect Noble Gold, I have to be fair to you in making you aware of some things that certain investors might find to be potential downsides. First of all, Noble Gold has only been in operation since 2016. They've made a great name for themselves since then, but their reputation and prestige aren't what you get with other competitors who have been around longer.
Also, if you want depository options outside the United States, you will have very limited options. Storage inside the United States is among the most expensive. You'll find no options whatsoever outside of North America.
Lastly, coin prices aren't something you'll be able to look up online. You have to contact the company directly about this. I can kind of understand this, however, as it's an industry standard reflecting the fact that spot prices on precious metals are in a constant state of flux.
Gold IRA Numbers
When it comes to investing in a gold IRA, you want a company that is going to take care of you. I understand that, and I even encourage you to only do business with someone you feel personally comfortable with. However, numbers matter a lot when it comes to any investment, so you should judge Noble Gold based on specific numbers.
Noble Gold Prices
Unfortunately, you have to contact Noble Gold directly to find out specific precious metal prices. That's due to the fact that spot prices on many precious metal products fluctuate all the time, even changing over the course of a single day. However, this practice is standard across the industry, as you'd have to call any precious metal broker about their prices.
The prices change often enough that they don't even list them on their website. If you didn't refresh your browser for a while, the prices could actually change a little before you place an order. I'd certainly be doing you no favors by publishing prices that might be very different by the time you read this.
Noble Gold Fees
The first number you should know is $80. That's how much you'll pay in annual fees for account administration, and I think it's a bargain. Many of their industry competitors charge similar fees that are more than $100.
Another number you should know is $150. That's how much a Noble Gold depository will set you back every year to store your gold and other precious metals. For that fee, you get the peace of mind of secure storage, insurance, and segregation away from the precious metals of other investors.
Noble Gold Minimums
One number that might hurt is $20,000, which is the minimum investment requirement at the time of writing. I like how it's a bit lower than the industry average of $25,000, so it makes precious metal investing more accessible to more people. However, it's still a good chunk of change, depending on the size of your overall portfolio.
How to Open a Noble Gold IRA
You'll face four primary decisions that you need to make when opening a gold IRA through Noble Gold Investments. You'll start by deciding how much to invest and how to fund it. Then, you'll move through making selections about specific precious metals and where they are going to be stored.
1.
How Much You Invest:
How much you want to invest in a gold IRA will need to fit within a certain range. First, it will have to be enough to meet their minimum investment level, or they won't even deal with you. Second, consider investing enough to take advantage of any specials or deals they have going on, whether it's free metals or fees getting waived.
In terms of your investment ceiling, consider your entire portfolio. I wouldn't go too hard into precious metals if it's your first entry into this industry. Just putting 5% of your portfolio into precious metals is a great start where you balance exposure to benefits while also managing potential downside, but you can go 10% or 15% if you want more inflation hedge.
2.
Funding your IRA:
Funding your account gives you two choices. You can do it directly with your own money and income. You can also do it via a rollover where you preserve the tax-sheltered status of investments in another IRA, a 401(k), or similar plans.
3.
Choosing your Metals:
The IRS has specific restrictions on what particular gold pieces you can buy for a precious metal IRA, but the support staff at Noble Gold will let you know what qualifies and what doesn't. I'd start by looking only at gold products. However, you might be able to include silver, platinum, and palladium, if you so desire.
4.
Depository Decisions:
The final decision is the depository. Choose one that you feel most comfortable with. You'll likely recognize the brand names of several of them as being known names in the security industry.
Online Complaints & Reviews of Noble Gold
Online reviews are great things to look at for any precious metal IRA broker. I'd be flattered if you just took my word for things, but I also know you should look at as many different sources as possible. I certainly do.
The company's ratings at many sites average very highly across hundreds and thousands of users. Some sites even average 5/5, whereas others are still in the area of 4.8/5.0. These are really great numbers across the board.
Consumer Affairs, BCA, BBB, and other review organizations also hand out high marks in their independent reviews of Noble Gold. User complaints are extremely rare. The ones that get posted are handled professionally and often resolved.
Noble Gold Alternatives
Augusta Precious Metals
Goldco
Birch Gold Group
If you're looking for a company that excels in properly educating investors, then Augusta Precious Metals might be someone to look at. They have an entire department dedicated to that. Customers here actually get personal meetings with Harvard-trained analysts.
If you want the highest standard of customer service, then Goldco is the place to look. They treat customers like royalty, and customer service is just about all they do. However, their minimum investment levels are also a high bar.
Birch Gold Group is an interesting mix of customer service, top-tier education, and reasonable fees. If you're not looking for anything in particular except a balanced and positive experience, then they might be worth a look. Of course, it costs nothing to do a free consultation with any of these brokers by calling their customer service.
- Minimum Investment: $50,000
- Annual Fees: $250 first year/$200 recurring
- Promotions: up to 10 years fees waived
- Minimum Investment: $25,000
- Annual Fees: $230 first year/$180 recurring
- Promotions: first year fees waived with qualifying purchase
- Minimum Investment: $10,000
- Annual Fees: $250 first year/ $200 recurring
- Promotions: first year fees waived with qualifying purchase
Noble Gold Alternatives
Augusta Precious Metals
If you're looking for a company that excels in properly educating investors, then Augusta Precious Metals might be someone to look at. They have an entire department dedicated to that. Customers here actually get personal meetings with Harvard-trained analysts.
- Minimum Investment: $50,000
- Annual Fees: $250 first year/$200 recurring
- Promotions: up to 10 years fees waived
Goldco
If you want the highest standard of customer service, then Goldco is the place to look. They treat customers like royalty, and customer service is just about all they do. However, their minimum investment levels are also a high bar.
- Minimum Investment: $25,000
- Annual Fees: $230 first year/$180 recurring
- Promotions: first year fees waived with qualifying purchase
Birch Gold Group
Birch Gold Group is an interesting mix of customer service, top-tier education, and reasonable fees. If you're not looking for anything in particular except a balanced and positive experience, then they might be worth a look. Of course, it costs nothing to do a free consultation with any of these brokers by calling their customer service.
- Minimum Investment: $10,000
- Annual Fees: $250 first year/ $200 recurring
- Promotions: first year fees waived with qualifying purchase
Final Verdict - Can you Trust Noble Gold Investments with your Savings?
Precious metals historically grow in value over time. In specific times of inflation or economic uncertainty, they can provide your portfolio with a great hedge against turmoil. Any long-term investment portfolio should diversify at least a little into this alternative investment class.
Doing so through an IRA format can save you a lot of money on taxes. That might happen from lower capital gains or using pre-tax income. I know it really adds up over time.
Noble Gold Investments is a great broker to consider for this kind of investing. The minimum investment levels are lower than industry averages, and the fees are very reasonable. While they're a relative newcomer to the industry at less than a decade old, they've made a good name for themselves in regards to genuinely caring for their customers.
Frequently Asked Questions
Is Noble Gold legitimate?
This company is completely legitimate. Their numerous online reviews and positive ratings confirm this.
Who owns Noble Gold Investments?
Specific ownership information is private, but my guess would be the two men who founded the company hold a majority stake in the organization.
Where is Noble Gold Investments?
The company has headquarters in Southern California.