Why Your Financial Advisor Doesn’t Recommend Physical Precious Metals
There are three main reasons why many financial advisors don’t recommend physical precious metals as a viable investment option:
1.They are not allowed to sell precious metals.
The truth is financial advisors are licensed only to recommend publicly traded securities and anything that is not a publicly traded security is not covered by their license.
This is why some financial advisors may recommend precious metal Exchange Traded Funds (ETFs) or mining stocks as a way of tapping into the growth that is occurring in the precious metals market instead of recommending investing in precious metals themselves.
Unfortunately, investing in ETFs and mining stocks is not the same as investing in precious metals, which are actual tangible assets. ETFs and stocks, which are not actual tangible assets, are susceptible to a number of factors the precious metals may not be susceptible to, including: stock market volatility, inflation, company earnings and corporate fraud.
2.They do not make commissions or fees on precious metals.
One of the benefits of investing in precious metals is that they do not have any management fees. Of course, while this makes them attractive to investors it also makes them not so attractive to financial advisors who typically can earn 2% to 5% annually for managing a client’s portfolio.
3.They don’t really understand precious metals.
Since financial advisors’ licenses don’t cover precious metals they don’t receive extensive training on them. Basically, financial advisors’ educational materials refer to gold and silver as jewelry and not as effective investment options.
If you want to invest in precious metals or learn more about the benefits of investing, you will need to contact a reputable private firm, like RC Bullion.
Who is RC Bullion?
The founders of RC Bullion have been buying and selling precious metals since 1998 and have expanded into precious metals retirement accounts.
RC Bullion is a trusted national leader for adding precious metals in your individual retirement account. The company specializes in converting an existing IRA or former 401K into precious metals. They also specialize in providing investors with a wide range of physical products delivered safely and securely to their doors.
RC Bullion specializes in finding bullion products that become rare and collectable in the very near future. They also carry modern gold, silver, platinum and palladium in the full spectrum of currently available coins and bar products. RC Bullion employees are confident of their ability to quickly and safely supply clients with the exact precious metal products that they are seeking.
RC Bullion’s specialized IRA Department takes great pride in its customer service. Each and every employee is committed to ensuring that customers are completely satisfied with every facet of their transaction. Whether a client buys gold, silver, platinum or palladium for direct delivery or a self-directed IRA, RC Bullion stands ready to be of service.
To speak with a Precious Metals IRA Specialist at RC Bullion about financial goals and needs, please call 213-465-4835.
