Have you been wondering if now is the right time to invest in gold or silver? Does the volatility of the stock market scare you, whether you are a few years or a few decades away from retirement? Lear Capital has been a trusted name in precious metals since 1997.
Through Lear Capital, you can purchase individual gold or silver coins and bars or set up/rollover a Gold IRA. Their website and customer care team offers numerous resources designed to help you understand all the different options that are available to you so you can make sound investment decisions for your future.
If you've been thinking about investing in gold or silver through a Gold IRA or simply want to add a few coins to your collection, read through our detailed review of Lear Capital Review. We'll share all the important information about this precious metals company you'll want to know before deciding whether to do business with them.
Gold for Sale
Unlike some other precious metals companies that have a more limited supply of gold coins and bars, Lear Capital has a lot to offer. You can choose to purchase these coins or bars outright to add to your at-home collection.
You can view the available products under the "Buy Gold & Silver" heading on the website. The different available options for gold are organized under the headings American Gold and World Gold.
When you click on any of the coin names displayed on the left side panel, you'll be shown more information about the coin and have the option to enter a quantity to add to your cart. Some coins will have the price displayed, while others will have a note to call for pricing for that specific coin.
The information page for each coin displays the weight(s) of the coin as well as some historical information about the coin's production and circulation.
Below are the American Gold options currently offered by Lear Capital:
The coin's design shows a profile of Lady Liberty on the front with 13 stars along the border of the coin. The reverse side of the coin depicts an eagle with the shield of the Union on its breast.
Here are the World Gold options that are available:
The front side of the coin displays the pipe organ from the famous Musikverein's Golden Hall, and the back of the coin displays various instruments including the horn, harp, and violins.
This coin was first minted in 1979 and shows the profile of Queen Elizabeth II on the front. The reverse side of the coin feature the iconic Canadian Maple Leaf.
Silver for Sale
In addition to offering gold coins and bars for purchase, Lear Capital also has a large selection of silver coins and bars that you can choose from. Like the gold coins and bars, you can click on the name of each silver item to learn more about the weight, pricing, and history of the coin or bar.
Below are the different silver coins and bars available through Lear Capital:
Platinum for Sale
If you are looking to further diversify your portfolio, adding some platinum to it is a good idea. Platinum is currently in high demand, between its use in jewelry and catalytic converters. Less platinum is produced each year compared to gold, making it a highly sought-after and valuable precious metal.
Lear Capital offers the Platinum American Eagle Coin that you can purchase to add to your portfolio. This is a 1-ounce coin made from 99.95% pure platinum. The face value on the coin is $100, which is the highest value available on any United States coin.
Premium Coins
One of the subsections on Lear Capital's webpage under the "Buy Gold & Silver" heading is Premium Coins. When you visit this page, you can see all the premium coins that are available. The premium coins are further broken down into categories Liberty Series Gold Coins, Indian Series Gold Coins, Modern Gold Coins, and Silver Coins.
Liberty Series Gold Coins
Indian Series Gold Coins
Modern Gold Coins
Silver Coins
Incentives for Investing with Lear Capital
Lear Capital offers a variety of incentives for both their current and new customers. One incentive that is currently being offered is a $100 certificate when you purchase $5,000 or more in premium precious metals. You will be able to use the $100 towards a future precious metals purchase through Lear Capital.
Lear Capital is also offering a $50 precious metals gift card if you purchase $5,000 or more in precious metals bullion. Again, the $50 gift can be applied towards a future purchase.
You can call to chat with one of the representatives from Lear Capital to sign up for one of these incentives and to learn more about the different incentives that may be available for you to take advantage of.
Gold and Precious Metals IRAs
More and more people are turning towards a Gold or Precious Metals IRA. Diversifying your portfolio and investing in gold or other precious metals can help make sure you are as prepared and financially ready for retirement as possible.
A traditional IRA includes investments in different stocks, mutual funds, or bonds. Unfortunately, any time the economy takes a dip, the stock market follows. When you're ready to retire, if the economy is on a down turn, you could easily see the years of growth in your account wiped away, leaving you in a financially unsecure position or forcing you to continue working longer than you had planned.
Gold is a more secure investment and has been shown to outperform the stock marketing. Keeping some of your retirement savings in gold or other precious metals is an excellent way to protect your future.
When you set up a Precious Metals IRA, you receive the same tax benefits of a conventional IRA, meaning you don't have to pay taxes on your money as long as you withdraw funds after the age of 59.5.
Why Investing in Gold with Lear Capital is a Good Idea
There are many reasons investing some of your retirement funds in gold through a Gold IRA is a good idea. When compared to the often volatile stock market, gold is a stable investment. Over the last 10 years, gold has outperformed the Dow by more than 300%, so it just makes sense to leave some of your money invested in gold.
When the economy crashes, the stock market follows suit. Gold, on the other hand, is a much more stable investment. Its value has actually been known to increase when the stock market declines.
There is a finite amount of gold on our planet and there are no signs of gold losing its appeal. People will always want it, meaning it will always hold value. And, the desire to hold gold is higher when the economy is under-performing, meaning the value of your investment will be greater during tough economic times.
There are many indications that the value of the US dollar is decreasing. This means that your purchasing power is declining along with it and that the value of the stocks in your investment account may not be worth as much when it comes time for your retirement.
However, as the value of the US dollar decreases, the value of gold increases. So, having some of your money invested in gold can act to protect your money and off-set the decline of the US dollar.
Gold is also recognized across the world as a sound investment and a valuable asset. Many experts who study the growth and value of gold even think it is on track to reach new highs in the coming years.
When you invest your money in a Gold IRA, you can choose to receive the physical pieces of gold upon retirement. You do not have to sell them. This can allow you to pass these highly valuable assets onto your children, grandchildren, or even great-grandchildren to set them up for future financial security.
Why Investing in Silver with Lear Capital is a Good Idea
In addition to diversifying your portfolio through a Gold IRA, Lear Capital can also help you set up a Silver IRA (both gold and silver can be added to the same Precious Metals IRA). Silver is another precious metal that is seen as a very sound investment and a good way to diversify your retirement portfolio to provide protection against a volatile stock market and economic downfalls.
Silver has been sought after by collectors and investors for hundreds of years. Like gold, its value is not tied to the economy, allowing you to enjoy some peace of mind about your retirement.
In addition to its use for jewelry, silver is also used in the production and manufacturing of different goods and technologies. This only helps to increase the demand for it, making it an even sounder investment.
Since the value of the US dollar is declining, silver, like gold, can be used to help you ensure that your purchasing power does not decrease if all of your money is in a bank or held in stocks and bonds. As the value of the dollar decreases, the value of silver increases.
Also, like gold, you'll be able to receive the physical silver pieces from your Silver IRA. You can choose to sell these, or if you are able to, you can pass them on to your family members to help ensure they are well taken care of after you pass.
Gold and Silver Coins and Bars for a Self-Directed IRA
Precious Metals IRAs have strict rules about the types of coins or bars that can be included. Gold coins must be at least 99.5% pure gold and are required to be legal tender. Silver coins are required to be 99.9% fine to be included in an IRA.
Because of these restrictions, you are not able to simply add any gold or silver coin to a Precious Metals IRA. Lear Capital is still able to offer many different, IRS-approved coins and bars for you to add to your IRA.
Lear Capital has 12 different approved gold coins available for you to choose from. They are:
They also offer 11 different approved silver coins. The silver coins you can select include:
In addition to adding gold or silver coins to your Precious Metals IRA, you may also add gold or silver bars. Gold Bullion Bars are required to be 99.5% fine and Silver Bullion Bars are required to be 99.9% fine in order to be added to a Precious Metals IRA.
Setting Up a New Gold or Precious Metals IRA
If you are interested in setting up a Precious Metals IRA through Lear Capital, they have streamlined the process to make it as simple and straightforward as possible. There are just three simple steps you will need to complete in order to get your new Precious Metals IRA set up and ready to go.
First, you will need to complete their online form to open your account. The online form should only take a few moments to complete. You will need to provide your name, email address, phone number, and address.
Once you have completed the form, you will need to determine how much you want to invest in your account with your initial investment. Then, one of the members of the Lear Capital team will help guide you in selecting and purchasing coins for your new Precious Metals IRA.
Gold and Precious Metals IRAs are one form of a self-directed IRA. With a self-directed IRA, you are more in control of your investments than you are with other IRAs. In the case of Gold or Precious Metals IRAs, you get to select the specific coins and bars that will be included in your account.
Gold IRA Rollovers
Depending on your account type, you may be able to rollover funds from your current IRA of 401(k) to be redeposited into your new Gold IRA. If you're eligible for this option, you'll be able to roll over funds once every 12 months to ensure that your retirement savings remain protected from taxes.
Some of the retirement accounts that may be available for a Gold IRA rollover include 401(k)s, 403(b)s, 457(b)s, TSPs (Thrift Savings Plans), pension plans, or annuities.
If you are interested in rolling over an existing retirement account, contact one of the specialists in the in-house Individual Retirement Account Processing Department at Lear Capital. They will help you take care of everything that will need to be done in order to rollover your current retirement plan into a Precious Metals IRA.
Gold IRA Transfers
You should also be able to transfer your existing IRA account into a Precious Metals IRA. If this is something you're interested in, you'll also want to contact the Individual Retirement Account Processing Department at Lear Capital. The team members in this department are knowledgeable and experienced with transferring IRAs and will be able to help make the transfer seamless.
Storage of Coins and Bars for Precious Metals IRAs
With few exceptions, the coins and bars you purchase for a Precious Metals IRA must be stored in an IRS-approved facility. Lear Capital uses the Delaware Depository to store the belongings of their customers.
You can feel confident that your gold or silver coins and bars will be safe and secure in this facility. The Delaware Depository has been in use since 1999 and employs numerous safety and security measures to ensure your items are protected.
Your investment is 100% insured by the Delaware Depository. Additionally, when your items are shipped from Lear Capital to the Depository, they are fully insured. Plus, the Delaware Depository has an insurance policy that is underwritten by Lloyds of London that will protect your investments against any form of loss or damage.
With all of the security measures and insurance protections in place, you won't need to worry about anything compromising your investment or threatening your access to your precious metals when you are ready to retire.
Free Resources for Investors
Lear Capital's website contains numerous resources designed to help investors make informed decisions regarding their investments. You can find information related to the gold and silver market, specific coins, historical data about gold, silver, platinum, and palladium prices, and more.
You can also sign up to receive a free investor kit from Lear Capital. There are three different resources you can choose to receive when you sign up.
One of these resources is the Precious Metals Guide. This guide is designed to provide you with invaluable information about investing in precious metals to help you make the best decisions for your portfolio. The guide includes five secrets from Lear Capital related to investing in coins.
One of the other resources you can choose to receive is the Retirement Accounts guide. This guide shares the information you'll want to know about setting up a Precious Metals IRA and transferring/rolling over your current retirement plan.
Finally, you can also sign up to receive Lear Capital's Investment Newsletter through email. The newsletter will share timely information regarding investing in precious metals.
Why You Should Consider Lear Capital
Lear Capital is committed to the satisfaction of its customers. They provide real-time data about the prices of gold, silver, platinum, and palladium to help investors make financially sound decisions that will benefit them.
Lear Capital also offers a variety of resources to help its customers understand retirement, Precious Metals IRAs, and gold and silver investments in general. You will also be able to set price alerts to notify you if the price of the precious metals you are interested in is changing.
You can set up the alerts to the desired movement amount you'd want to be notified about. This can help make sure you don't miss out on the perfect opportunity to add more to your portfolio.
Lear Capital also offers a dedicated customer service line. If you have any questions, you'll be able to easily connect with someone who has the answers you're looking for. You will also be assigned an account representative who will be available to assist you with managing your account and adding new assets to it.
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Final Thoughts
Lear Capital can help you diversify your portfolio and set you up for financial security in your future. They offer a wide selection of gold and silver coins and bars, many of which can be added to a Precious Metals IRA.
If you've been looking for a way to set yourself up for financial success when you retire, investing some of your money into a Gold or Precious Metals IRA through Lear Capital is a great idea. The price of gold or silver is not tied to economic success, like the stock market, so you can feel confident that your investment will still be highly valuable when you are ready to retire.
Retirement may seem like it is far away, but the sooner you start preparing, the better off you'll be. Visit Lear Capitals website today to start the process of setting up a new Gold IRA or rolling over your existing retirement plan!