Fidelity Investments Gold IRA Review

By Doug Young

Key Takeaways

• Fidelity offers a low investment threshold, making gold investments accessible to more people.
• They have a limited selection of gold investment options.
• No Gold IRA including physical gold option.
• There are no account opening fees, which means you can start investing in gold with Fidelity without upfront costs.
• Round-the-clock customer support ensures that you can get assistance whenever you need it.
• Felicity’s website is complex.

A Heads Up before getting deep into this review:

Having evaluated a great number of Gold IRA providers over the past decade or so I am well positioned and committed to helping you understand options that will empower your decision-making process.

I've meticulously conducted a comparative market analysis of the top gold IRA investing companies to help you select one that aligns with your personal circumstances and financial goals. My in-depth research and findings provide knowledge to help you make an informed choice.

Explore my detailed evaluations and comparisons of the five top performing Gold IRA Companies in by clicking here.

Or save time and go straight to my review of Augusta Precious Metals, the gold IRA provider that achieved the highest scoring in my evaluations.

Expert Review

Fidelity Investments’ Place in Your Retirement Planning

Since 1946, Fidelity has been a trusted name in the investment world. While they don’t offer a Gold IRA that holds physical gold, they do provide gold-related investment options such as mutual funds and exchange-traded funds (ETFs) that focus on gold and precious metals. This means you can still get the benefits of gold in your IRA without the need to store physical metals.

Low Investment Threshold: Making Gold Accessible

One of the standout features of Fidelity’s gold-related offerings is the low investment threshold. This means you don’t need to be wealthy to start investing in gold. With Fidelity, you can add gold exposure to your retirement savings with a relatively small amount of money. This is crucial because it opens the door for more people to diversify their retirement portfolios.

Fidelity’s 24/7 Support

Fidelity offers 24/7 customer support, so whether you have a question about your account at 2 p.m. or 2 a.m., there’s someone on the other end of the line ready to assist you.

This kind of support is invaluable. It gives you peace of mind knowing that if you ever encounter an issue or simply need some advice, you’re not alone. Fidelity’s commitment to customer service is a testament to their dedication to helping you secure a financially stable retirement.

Staying Informed and Prepared: Additional Tools offered by Fidelity

• Interactive calculators to help you plan your retirement savings and distributions.
• Educational resources that explain the intricacies of gold investing and how it fits into your overall retirement strategy.
• Online dashboards that allow you to track the performance of your investments in real-time.

Fidelity offers a suite of resources designed to keep you informed and in control of your gold investments. With these tools, you can plan more effectively and make decisions with confidence.

Fidelity’s educational resources are particularly beneficial for those who are new to gold investing. They help demystify the process and empower you to make decisions that align with your retirement goals.

Their real-time tracking capabilities mean you’re never in the dark about how your investments are performing. You can adjust your strategy as needed, ensuring that your retirement savings are always working as hard as you are.

Points to Ponder

While there are certain benefits, there are also some points you’ll need to consider. No investment option is perfect, and it’s important to weigh the potential downsides against the advantages.

No Traditional Gold IRA holding Physical Gold Option

While Fidelity does offer gold-related products, they do not offer a traditional Gold IRA that includes holding physical gold. This could be a deal-breaker for some investors who prefer the security of physical gold over paper assets like stocks or mutual funds.

Website Complexity

One of the challenges you might face with Fidelity is navigating their complex website. With a plethora of information and tools available, it can be overwhelming, especially for those who are not tech-savvy or new to investing. Finding the specific information you need about gold-related IRAs can sometimes feel like looking for a needle in a haystack.

Limited Selection: Is More Always Better?

Another point to consider is the selection of gold investment options available through Fidelity. While they do offer a range of gold-related products, such as mutual funds and ETFs, the selection is not as extensive as some other providers that specialize in precious metals. This could limit your ability to tailor your gold investments to your specific needs and preferences.

That being said, a more focused selection can also mean that the options available are more carefully curated. It’s a balance between having enough choices to diversify your portfolio and not being overwhelmed by too many options.

Conclusion:

After thoroughly exploring Fidelity’s gold-related offerings, it’s time to weigh the pros and cons to determine if they’re the right fit for your retirement planning.

Plus Points

Overall, Fidelity’s gold-related products offer a solid way to diversify your retirement portfolio. The absence of account opening fees and the low investment threshold make it accessible, while 24/7 customer support and additional tools ensure you have the resources to manage your investments effectively.

Is Fidelity Investments Right for You?

For clarity, you can ask yourself:

• Are you comfortable with digital resources and navigating online platforms?
• Do you prefer investing in gold indirectly through stocks, mutual funds, or ETFs?
• Is having access to 24/7 customer support important to you?

If you’re looking for a way to include gold in your retirement strategy without the need to manage physical metals, Fidelity’s offerings could be a good match. However, if you’re set on holding physical gold in your IRA, you’ll need to look elsewhere.

Notwithstanding, it’s important that you use this review for educational guidance only, conduct your own research, and come to your own conclusions and decision as to whether Fidelity Investments, or any other service provider that you might be considering, aligns with your own unique circumstances, values and financial goals.

What I am sharing with you here are the results of my detailed research and analysis. My intent has not been to provide investment advice.

VISIT FIDELITY INVESTMENTS  >>

MEET THE RESEARCHER

Doug Young Financial Markets Researcher & Former Financial Director

• Over 20 years of experience in financial markets
• More than 15 years specializing in Gold IRAs
• Extensive expertise in precious metals trading
• Former Financial Director at World Freight Services Ltd for 16 years.
• Author of 500+ published financial research articles over 10 years
• Conducted 80+ Gold IRA company evaluations since 2011

Doug’s extensive industry knowledge and thorough research approach ensure that all information is accurate, reliable, and presented with the highest level of professionalism. This commitment allows you to make well-informed investment decisions with confidence and peace of mind.

See full bio

⚠️ IMPORTANT: All content on this website is for educational purposes only and should not be considered personalized financial advice. Always consult with a qualified financial advisor before making investment decisions.