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    Minimum for Gold IRA? Been thinking about adding more to

    Key Takeaways
    • Curious if anyone else has looked into the "minimum investment" side of things for a Gold IRA lately.
    • I've had one for about 5 years now, started it with around $100k when I was getting a bit antsy about the market.
    • Now, with everything going on, I'm seriously considering putting another $50-75k into it, maybe even more if I can swing it.
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    Curious if anyone else has looked into the "minimum investment" side of things for a Gold IRA lately. I've had one for about 5 years now, started it with around $100k when I was getting a bit antsy about the market. Now, with everything going on, I'm seriously considering putting another $50-75k into it, maybe even more if I can swing it.

    My current custodian had a $50k minimum back then, which worked great for me. As a manufacturing exec here in Cleveland, I’ve always valued tangible assets – something you can actually hold and doesn’t just exist as numbers on a screen. That initial chunk of gold really helped me sleep better during some of the recent swings.

    I was playing around with the Gold vs Stocks Comparison tool the other day, looking at the 10-year performance, and it just reinforced my conviction. Gold's held its own, providing that ballast I was looking for. Now, I'm wondering if those minimums have changed much, or if there are different tiers I should be looking at. My current portfolio is sitting around the $400k mark, so I’m not playing with pennies, but I also don’t want to jump through hoops for a smaller, additional contribution.

    Are there custodians out there now with lower minimums for additional contributions, or even lower initial minimums for new accounts? Or is it generally still in that $25-50k range? Just trying to get a feel for the landscape before I start making calls.

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    3 comments

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    Best Answer▲ 9 upvotes
    K
    karen_robinson💼Starter (0-50k)

    Hey, I hear you! I actually had a similar experience a few years back. Started mine with pretty much the same amount, felt good about diversifying. Definitely looking into current minimums now that I'm considering adding more, too. Seems like they can vary these days.

    Comments (3)

    9
    karen_robinson💼Starter (0-50k)about 2 months ago

    Hey, I hear you! I actually had a similar experience a few years back. Started mine with pretty much the same amount, felt good about diversifying. Definitely looking into current minimums now that I'm considering adding more, too. Seems like they can vary these days.

    9
    donna_rogers🏆Advanced (250-500k)Real Investorabout 2 months ago

    Interesting! You mentioned you started with about $100k five years ago. Out of curiosity, did that initial amount include the actual gold purchase, or was that just the amount transferred into the IRA to then buy the gold?

    9
    joyce_cooper📊Growing (50-100k)✓ Verifiedabout 2 months ago

    <p>Hey, great to hear you're looking to add more to your Gold IRA! Just a quick thought though – while minimums are definitely a thing, sometimes focusing too much on them can make you overlook other important factors. Like, are the storage fees still competitive with what's out there? Or has your custodian's customer service gone downhill recently? Just some food for thought before you commit more funds.</p>

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