Interview with Tyler Gallagher, CEO of Regal Assets
Tyler Gallagher is the CEO of one of the most talked-about alternative investment companies in the US today: Regal Assets. The company celebrated its 10 year anniversary this year and has been offering free silver coins to its clients as a thank you gift.
Regal Assets has come a long way in the past 10 years. From being strictly a God IRA Company when it first launched, Regal has grown to offer additional products including Crypto IRA‘s, Bitcoin Cold Storage Watches and is reportedly soon going to add Real Estate and Annuities to its product line. Regal Assets' focuses on retirement accounts and wants to be the #1 source for alternative investments in the country. Our head editor, Mark Turner, has conducted an interview with Regal Assets' CEO Tyler Gallagher to learn more about the company, its mission and where it's heading…
Mark Turner: What is Regal Assets' mission and what makes it different from competitors?
Tyler Gallagher: From Day 1, I had a vision of an alternative assets company involved in several markets and assets classes. Although we started out as a precious metals IRA company, Regal Assets grew to include other products like Cryptocurrencies and Bitcoin Watches. We are currently working to bring more assets to our clients such as real estate, annuities and more.
Regal Assets' mission is to focus on the client above all. If you look at our online reviews, you'll understand what I mean. We are the best rated company not just in the gold or crypto space, but in the alternative investment space in general. That's because our brokers are trained to offer A+ support. We are non-pushy and always provide honest advice.
Ultimately, I think that our customer support and our vision to be the “Netflix” of alternative investments is what sets us apart from other competitors. When you invest with Regal Assets, you know you're investing with a company that will keep growing and giving you more ways to diversify and grow your portfolio.
M.T.: Where do you see Regal Assets in 10 years?
T.G.: In 10 years, I believe Regal Assets will have over 10 product lines and will have billions in assets under management. I also believe that we'll have expanded to more markets worldwide. As part of our commitment to give back, I also strongly believe that we'll have launched a nonprofit to give back to those in need. I always looked up to Bill Gates and what he did with the Gates Foundation, and I would like to replicate that model with Regal Assets.
M.T.: Why should investors and retirement account holders consider alternative assets like precious metals and cryptocurrencies in their portfolio?
T.G.: Simply because diversification is the name of the game. Any financial advisor will tell you that having all your eggs in the same basket is never a good idea. Most assets, like stocks, bonds, real estate, and mutual funds correlate with the US economy, so when the economy goes south, those assets follow. Alternative assets behave the opposite way. They do well when the economy is in turmoil. Having a portfolio that has exposure to gold and silver is a proven way to you mitigate your losses during economic turmoil and can even help you generate substantial profits during such times. Cryptocurrencies have entered the market and have shown a similar pattern to precious metals in the sense that they have a reverse correlation with the US dollar, so we believe that they make sense in one's portfolio for that reason. Given that many experts see the price of Bitcoin going to 50k, 100k or even 1 million in the coming years, having even a small exposure to Bitcoin can help one generate large profits if that happens. We understand it's speculation, but if one believes in the technology (blockchain), why not invest in it a small fraction of your portfolio in it just in case it truly takes off?
M.T.: In your opinion, what percent of an investor's portfolio should be allocated to such alternative assets and why?
T.G.: There is no right answer to this question. Some famous investors have openly laid out their strategy, but it doesn't mean it'll work for you. Kevin O'Leary says he keeps 5% of his portfolio in gold. Tony Robbins and Ray Dalio believe in a 10% allocation. Others have allocated more. It all depends on how you see the economy unfoldig in the next few decades. Gold is an insurance policy against a systemic collapse. How confident are you in the dollar keeping its purchasing power over the next 10, 20 or 30 years?
M.T.: Where do you see the prices of Gold and Bitcoin going in the next 10 years?
T.G.: It's pure speculation at this point, but I personally see gold at 3k and Bitcoin at 30k. That's just an opinion though so don't take it to the bank please. Others might disagree with my predictions. To be honest I have seen all types of crazy predictions lately for these two assets so I think one must be cautious take ALL predictions with a BIG grain of salt. One should never base their investment on predictions anyways. To me, what matters is diversification aka hedging your portfolio against market turmoil, and having exposure to promising asset classes like blockchai/crypto, regardless of the price fluctuations. It's a long term game!
M.T.:Thank you for your time Tyler, we truly appreciate it.
T.G.: the pleasure was mine. Thank you for having me.