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Securely Store Your Gold Investments in Los Angeles and Nationwide

Securely Store Your Gold Investments in Los Angeles and Nationwide Posted on August 28, 2019

There seem to be endless options for investing your retirement savings. Most people have a mix of stocks, bonds, bank accounts and physical assets. If you’ve chosen to add gold to the mix, you need a secure place to keep it.

The Gold IRA

You may be considering the option of transferring a portion of your retirement assets to a gold IRA. This allows you to have your savings in a tangible form that you can see and personally manage. Because precious metals tend to fluctuate independently from other assets, they can form a buffer against the volatility of stocks.

Gold IRA Storage

There are two broad categories for gold IRA storage: commercial vaults and home storage.

Commercial vaults are the recommended option. They’re operated by companies with longstanding records of securely handling money. Once your assets have been converted to gold, you’ll be asked to choose a depository for storage. Most storage companies have a global network of depositories, so you’ll have a broad selection. You’ll be notified when your gold has arrived at the facility. It will be insured and stored until you claim it.

Gold IRA storage at home is not recommended, and you should speak with a tax attorney before you choose this option. However, if you’re determined to keep your investment in your own hands, you’ll need the highest-quality home safe. A high insurance rating is an indication of a secure safe. Speaking of insurance, be sure to adjust your homeowner’s policy if you’re storing your retirement savings at home. As a final security measure, don’t talk about your gold.

Orion Metal Exchange can help you explore the gold IRA option. Contact us in Los Angeles or visit https://orionmetalexchange.com/ to discover the advantages of investing in and storing gold.

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