So, if you are wondering how to invest 200 thousand dollars in an asset class that will grow your investment to at least $1 million over time, this review just might be the solution to your problem. It’s certainly not an easy task but it’s possible to do if you are willing to invest for the long haul using precious metals as a vehicle to get you there.
It’s no secret that gold and silver are great investments that tend to steadily increase in value over time and if you are smart about your investment strategy, you can achieve that million-dollar benchmark with minimum risk to your initial $200,000 dollar investment. We suggest reading on to learn how this can be a possibility for you are using a silver or gold IRA account to get you there.
*** Before reading this review of Bishop Gold Group, we strongly recommend checking out our best rated gold IRA company for high-net-worth individuals. They are focused on educating you on how to reach your goals using a dependable plan. Take advantage of the ZERO fees that they are offering new clients by clicking the banner below ***
Who Is Bishop Gold Group?
Bishop Gold Group is a respected precious metals company that was founded in 2017 by Beau Cassidy. He is the son of the 1970s pop icon David Cassidy who learnt a lot growing up in a showbiz family that exposed him to so many great experiences.
His passion for precious metals started at an early age and it drove him to start the company with the intention of helping retirement savers diversify their investment portfolios effectively. This has helped the company grow into what it is today.
Who Is Bishop Gold Group For?
Bishop Gold claims to be a company that is purely focused on their clients. Their main purpose is to sell quality precious metals to investors who have a keen interest in participating in the gold and silver sector. If you are looking to buy these physical products, Bishop Gold could potentially be your solution.
However, Bishop Gold is NOT like our best rated gold IRA companies such as Augusta and GoldenCrest, who were designed to purely educate high net worth Individuals so that they can achieve their investment goals. Bishop Gold tends to cater to everyone interested in making a purchase, making them slightly less specialized for what you are specifically trying to achieve today.
What Services Does This Company Offer?
Bishop gold offers retirement saving plans such as gold IRAs and silver IRAs which you can utilize to hedge your savings against high market risks while they steadily gain value. Reaching a million dollars from the 200k you currently have won’t happen overnight though. It will take a few years but its worth pursing these precious metal IRAs because they minimize your risk.
Its also worth noting that you can also buy coins and bullion bars from this company without signing up for a precious metals IRA account. Here is the list of items they carry.
Gold Bars & Coins
Silver Bars & Coins
Platinum Bars & Coins
Palladium Bars & Coins
Is Bishop Gold Group Trustworthy?
After researching the company in detail, we discovered that they had a decent number of online reviews from happy customers. We didn’t find any reason to tell you they are a scam. However, we suggest looking at these other trustworthy companies too because they will help you save on your two hundred-thousand-dollar investment by giving you $25,000 worth of FREE silver.
Bishop Gold Group Pros
Bishop Gold is run by a trustworthy person who comes from a respectable family, meaning you can certainly trust them.
Bishop Gold Group Cons
They are unfortunately not highly specialized in catering to individuals like yourself that have a high net worth. As a gold IRA company, they cater to everyone willing to make a purchase.
Conclusion
After all’s been said and done, Bishop Gold is a decent choice for some investors. However, we recommend that you look into Augusta Precious Metals and GoldenCrest Metals because they are educational gold IRA companies that will help you get to that million-dollar goal that you have in mind.
Bishop Gold Group Los Angeles, CA Location
Phone Number: +1 833-589-8100
Hours Of Operation: Monday to Saturday – 9AM to 5PM. Closed Sunday.
Address:
1801 Century Park E 24th Floor, Los Angeles, CA 90067, United States