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Gold IRA Fidelity

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Investing in precious metals has long been considered a reliable strategy to mitigate the risks associated with a volatile market. To safeguard their investments, many individuals are turning to gold-related IRA products as a means to ensure a secure and prosperous retirement.

Fidelity Investments, commonly known as Fidelity, is a Boston-based financial services corporation offering a wide range of products. While Fidelity does not provide a Gold IRA that includes physical gold, they do offer gold-related IRA products that encompass precious metal stocks, funds, and ETFs.

This article evaluates the Fidelity gold-related IRA option and examines how this product can help investors protect their investment portfolios. When selecting an investment company, individuals seek to engage with an established and experienced firm they can trust.

Continue reading to determine if Fidelity is the right choice for safeguarding your valuable assets.

Before we get started, investing your savings is a serious task. When it comes to adding precious metals to your portfolio, how do you know which companies to trust?

That is why we have researched every company in the industry and selected the very few with the highest customer service standards.

This way you can easily compare the best companies in the business, and choose one that fits your needs and investment goals.

Read the list to see if Fidelity passed our strict customer service standards to become one of our top recommendations.


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Overview of Fidelity

Since 1946, Fidelity has worked consistently to grow its brand and reputation. It is now one of the preferred asset managers worldwide with excellent consumer reviews. As of December 2021, the company manages an impressive $4.5 trillion in assets.

Gold IRA Fidelity

With various services in its wealth management catalog, Fidelity has become an increasingly popular choice amongst investors who are planning their retirement. The company offers great options for those looking to invest in precious metals without the risk of holding them physically.

When it comes to investing in precious metals, Fidelity has proven to be one of the preferred investment firms in America. This is highly due to the wide range of products that help investors diversify their portfolios.

Services Offered by Fidelity

As one of the most notable financial institutions in the United States, Fidelity offers a variety of services. These include retirement planning, investment accounts, and many others. For investors seeking to invest in gold-related products, Fidelity is a highly recommended option.

To help investors manage their finances, Fidelity offers the following:

Fidelity - Services

Retirement Planning

Fidelity has a large variety of options for retirement planning. Some of their most popular options are employer-sponsored and individual plans. Investing in gold-related products is one of the smartest ways to ensure a safe financial future.

Customized Investment Plans

To help investors manage their risks better, Fidelity provides customized investment plans for those with assets of $200,000 or higher. They provide key strategies that increase returns for investors.

Wealth Management

Fidelity assigns a dedicated wealth manager to craft a customized financial plan for investors with over $200,000. The individual is required to have a net worth higher than $1 million, excluding their primary residence.

The company's team of wealth managers assists investors to strategize their investments in precious metals. This type of dedicated service is one of the qualities that sets Fidelity apart from other companies.

Brokerage Services

Fidelity provides its investors with the opportunity to buy and sell investments on both online and offline platforms. Investors are assigned experienced brokers that take them step-by-step through their portfolio planning.

It is a good fit for investors that are beginning to learn how to set up their portfolios. Fidelity experts help investors understand how to use gold-related products to protect their assets and retirement accounts.

The Benefits of Investing in a Gold-Related IRA

Holding an IRA is a great way to protect a family's financial future. Individual Retirement Accounts (IRAs) allow an investor to grow tax-protected assets. IRAs are accounts designed for long-term investments. They work best with assets that have proven to be reliable over time, such as the case with precious metals.

Investing in gold-related products is a much more secure option than investing in depreciating assets such as cash. Inflation causes cash to devalue rapidly, but that is not the case with gold-related products. Instead, financial products that deal with precious metals appreciate over time, especially gold-related products.

The Benefits of Investing in a Gold-Related IRA

Investors are choosing gold-related investments to protect themselves during such an uncertain economy. By choosing a Gold-related IRA, investment portfolios have a better chance of growing while being protected from economic downturns.

Consider These Factors When Opening a Fidelity Gold-Related IRA

Whether planning for retirement or simply growing an investment portfolio, there are some factors to consider. Investors should keep these points in mind before opening a gold-related IRA with Fidelity:

  • 1. The Current and Projected Financial Situation: For investors who have a stable financial life, a Fidelity gold-related IRA is an excellent choice. However, if the financial situation is uncertain, there could be better options to consider.
  • 2. Investment Goals: An investor has to know what expectations to have from their retirement investment. Some are looking for financial stability while others are more concerned about protection against inflation. In these cases, a Fidelity gold-related IRA is a good option.
  • 3. Tolerance for Risk: All investments have some degree of risk. Gold-related products have the potential to be volatile under certain market conditions. An investor must be comfortable with the amount of risk gold-related products represent.
  • 4. Tax Considerations When Investing in a Gold-Related IRA: Gold-related IRAs fall under different tax requirements than other types of IRAs. An investor must be aware of what this means for them. An experienced tax professional will be able to give an investor a preview of what to expect when investing in a gold-related IRA.

Considering these major factors helps investors understand their position when dealing with gold-related IRAs. Fidelity's team of financial advisors helps investors navigate through all of these considerations.

Gold-Related Products Offered by Fidelity

Fidelity provides investors with a wide range of gold-related products. These include stocks, funds, and ETFs. Below are some of the most desired options by investors:

Fidelity - Gold-Related Products Offered by Fidelity

Precious Metals

Fidelity has a Direct Investing program that allows investors to purchase paper or digital gold-related products. It also offers paper and digital (not physical) products related to other precious metals such as silver and platinum.

Mutual Funds

Investors don't have to purchase physical gold. Instead, they can choose Fidelity's mutual funds that invest in gold. These types of gold-related investments provide a sufficient way for investors to get involved with gold-related products.

To provide a concise example, the Fidelity Select Gold Portfolio (FSAGX) holds over half of its assets in gold. In contrast, Fidelity's Advisor Gold Fund (FSHAX) holds over a third of its assets in gold investment accounts.

Fidelity - Fidelity mutual funds

Exchange-Traded Funds

A great way to diversify an investment portfolio is to choose Fidelity's ETFs. The company offers exchange-traded funds that invest in gold miners. One of the most popular ETFs is iShares Gold Trust (IAU). It provides investors the opportunity to invest in gold-related products without having to physically purchase the precious metal.

ETFs are often preferred because they provide investors with higher tax efficiency and liquidity compared to mutual funds. In addition, exchange-traded funds can be more affordable to buy and sell. Most often, trades cost less than one dollar.

A great advantage of using Fidelity for ETF investments is that many do not apply commission. This means that investors can grow their portfolios more by using this cost-effective strategy.

Individual Stocks

Fidelity offers various individual stocks that invest in gold mining entities. Investors can choose from several gold-related stocks without having to purchase physical precious metals. Some of the most popular stocks are Newmont Mining Corporation (NEM) and Goldcorp Inc. (GG).

Traditional IRAs

Fidelity does not offer a self-directed gold IRA. If an investor is looking to hold physical gold in their IRA account, Fidelity is not a good option. The company specializes in gold-related products through paper and digital investments such as ETFs and stocks.

Expected Fees for Gold-Related Services and Products

A highlight of using Fidelity for gold-related services and products is that the company does not charge commissions. Instead, the investor only has to pay for the trade as it would be required when acquiring a mutual fund, ETF, or stock. Plus, Fidelity does not require the investor to pay account fees for any of its gold-related products.

Fidelity Does Not Charge a Premium

In addition to not paying account fees, when choosing Fidelity, the investor does not have to pay a premium related to the spot price of gold. This is because Fidelity gold-related products are considered paper or digital investments, not physical gold.

It is a great way for an investor to save money on fees that are normally charged when buying physical gold. This method is an easy way to start investing in safer investments such as gold-related products.

Selling Gold-Related Investments with Fidelity

When an investor is ready to sell gold-related investments, Fidelity does not charge any fees. This is different from other investment accounts that charge fees when an investor is ready to sell, making it more difficult for many. The money saved on fees adds up and contributes to a higher return on investment.

The Peace of Mind of Insured Investments

Investors must be careful with the company they choose to hold their assets. Fidelity has insurance to cover gold-related investments for up to $1 million. This provides investors with a feeling of security knowing that the company will protect their investments. The company's insurance guarantee covers both gold-related products and other types of investments stored with them.

The Flexibility to Invest in Gold-Related Products

Fidelity has a wide array of products such as ETFs that allow investors to grow their portfolio with gold-related investments without having to purchase physical precious metals. Other options offered by Fidelity are retirement accounts that invest in gold and other precious metals.

Investors find Fidelity helpful because they can purchase gold-related products at the same prices compared to other investments. Since gold-related products only represent digits in the investment account, storage costs, fees, or commissions are not applicable.

Choosing a Global Investment Powerhouse

Fidelity has gained an excellent reputation as one of the world's most trusted financial services providers. Its competitive advantage is highly based on its ability to provide investors with various gold-related products. Investors that rather invest in gold-related products without purchasing physical precious metals prefer Fidelity.

Investors also praise Fidelity's strong reliability. The company makes its clients feel secure with their investment portfolio strategies. Investment portfolios are simplified with paper or digital gold-related investments instead of physical gold bullion for a safer long-term strategy.

Starting Your Gold-Related Investments with Fidelity

Getting set up with Fidelity is an easy process. These are the simple steps to follow:

Step 1: Open a Brokerage Account

To get started, an investor must open a Fidelity brokerage account. This is the first step to start investing in gold-related products.

Step 2: Have a Consultation with a Fidelity IRA Expert

A Fidelity IRA specialist discusses with the investor future goals and answers all questions. An investment roadmap is explored at this time.

Step 3: Open the IRA Account

Once the investor is confident in the portfolio strategy, a Fidelity IRA expert guides the whole process.

Step 4: Fund the IRA

Fidelity offers investors a minimum investment amount that is low enough for anyone to easily start their investment portfolio. Investors can also roll over assets from other qualified retirement accounts.

Step 5: Purchase Gold-Related Products

Once the account is set up, investors can choose their preferred gold-related products.

Bottom Line

Investors benefit from using Fidelity when interested in gold-related products. The company offers a variety of options including retirement accounts that invest in gold-related ETFs, mutual funds, and individual stocks.

Since Fidelity does not charge its clients fees or commissions for gold-related products, investors can get a higher return on their investments. Plus, investors don't have to pay account fees when holding their investments with Fidelity.

Investing in paper and digital gold-related financial products is a great way to secure an investment portfolio. It is much easier and less expensive than investing in physical gold bullion.

As one of the largest financial services corporations worldwide, Fidelity is an industry leader. It offers many gold-related products that investors can find exclusively at Fidelity.

Choosing Fidelity is an excellent choice for investors interested in growing their portfolio with gold-related investments while enjoying the ease of not purchasing physical precious metals.

Fidelity FAQs

1. Is Fidelity's Gold-Related IRA a Smart Investment?

Generally, gold-related products managed by Fidelity have shown to be good investments for most people. Although there is no guarantee in any investment, precious metals have been known to withstand economic downturns.

2. Is Investing in Physical Gold a Smarter Choice Than a Gold-Related IRA?

Because the precious metals market is considered to be extremely volatile, it is smarter to avoid investing in physical metals such as gold bullion. Fidelity offers good choices for investors to buy gold-related products such as mutual funds and ETFs. These types of options invest in the securities of entities involved in the production of gold and other precious metals.

3. Are Gold-Related Products a Good Investment During Economic Uncertainty?

Historically, gold-related products have shown to do well when there is economic uncertainty. They are also a better choice for protecting long-term investments during inflation.

Remember to read our list of the Top Gold Companies to see if Fidelity made the cut.

>> Click HERE to read our Best Precious Metals Investment Companies list <<

Or, if you like what you read about Fidelity, you can visit their website below.

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