Bennett Group Financial Services, LLC, is run by industry expert and radio talk show host Dawn J. Bennett. The firm’s overarching mission is to improve clients’ financial portfolios. Among the investment choices that she promotes is gold and other precious metals. If you’re new to precious metal investing, the best way to approach is with a trained advisor because there are several different options. For example, did you know that you can invest in gold without ever owning a physical piece of metal? Alternative routes may not always be the most fruitful option, but many choose to invest in precious metals through less common modes such as allocated accounts, E-Gold and paper gold.
Allocated accounts allow you to purchase gold currency through a bullion broker whom will ship or transfer the bullion to a bank or depository. The investor owns title to the specific coins and bars being transferred. This is often considered the safest way to invest in physical gold bullion and bars among the alternative options.
E-Gold or “goldgrammes” are modern precious metal options supplied by digital gold currency (DGC) providers. They are self-regulated and often used by Bennett Group Financial Services, LLC, experts to buy gold, to save and to invest in as electric currency. Also, many investors put their money in mining organizations and companies exploring new gold deposits in search of profit. This is called buying paper gold and it is riskier than purchasing physical gold, although the choice remains popular in diverse portfolios.
If you’re not sure which alternative routes are best for you to invest in, speak with an advisor from a company like Bennett Group Financial Services, LLC. Everyone’s portfolio is different and, depending on risk tolerance, goals and assets, the best choices vary.