Home Storage Gold IRA

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#1 Fri, Jan 30, 2015 - 3:22pm

PenchantForHoarding

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Joined: Oct 19, 2011

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Home Storage Gold IRA

Guys,

Anybody ever heard of or looked into a "Home Storage Gold IRA"? Got served up a banner ad for these guys and took the bait:

Augusta Precious Metals: https://www.augustagoldira.com/home-storage-gold-ira/

Given my proclivity for boating accidents, seems too good to be true. Any insight from the crowd?

Thanks!

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#2 Sun, Mar 15, 2015 - 5:02am

Occasnltrvlr

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Southeastern, PA

Joined: Jan 29, 2013

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Home Storage Gold IRA

I don't know anything about these folks in particular, but the setup they promote is legal and legitimate.

One aspect they promote, which I would not be comfortable with, is actually storing the LLC's metal in my home. I don't think a thief or over-zealous cop would lend much credence to the statement "uh, that's not mine, it belongs to an LLC which is wholly-owned by an IRA custodian."