CheckBook IRA – Self Directed IRA LLC with CheckBook Control
A CheckBook IRA is a combination of a Self Directed IRA owning an LLC with YOU being the manager of the LLC. The future of the economy is often in doubt, and no more so than at present. With this in mind, many people are trying to secure their futures by investing in gold and other precious metals. CheckBook IRA is a company that is focused on helping its customer base roll over their 401K or IRA into a gold-based IRA. In an industry that is full of contenders, does CheckBook IRA stand out? Let’s investigate a bit further…
Lack of Information
One of the main concerns we have with CheckBook IRA is the lack of independent information about the company online. The world is in a digital age and not having a digital footprint is a bit odd. It is usually easy to research companies on the Internet if you are prepared to devote enough time to it. In the case of CheckBook IRA, however, what information to be found is mainly on the company’s own website.
There could be a number of reasons for this. One reason could be that the company is so popular with its own customers that they tend not to write reviews or comments. This may seem like it is counterproductive, but people are generally more likely to write bad reviews than good ones. So the lack of reviews might be a good sign.
Another reason could be that the company has recently changed names. Many of the reviews, either good or bad, could be under the old name and don’t reflect the current management. This can be a tactic that businesses use to strip away a bad reputation and start afresh, even though it must be pointed out that there is no obvious evidence of this with CheckBook IRA.
There is also the possibility that the comments and reviews have somehow been stripped from the internet. This isn’t an easy feat to accomplish, but there are businesses that specialize in helping companies regain a good reputation in this manner. Again it has to be pointed out that this is just a possibility and there is no obvious evidence or suggestion that CheckBook IRA has done this.
Any of these scenarios could apply. The reason isn’t that important though. All that really matters is that there isn’t enough independent information available to give a really good assessment of the company.
Conclusion
The lack of information doesn’t have to be a bad thing. It could be that the company is trying to start fresh and that it is actively overhauling the image the previous management may have created. This could be a move to help differentiate itself in the small gold IRA rollover industry. Companies need to consciously recreate themselves to help bring in new customers and keep the old clientele satisfied.
It does make it difficult to give a good assessment though. When investigating the wide variety of companies to use when investing IRA capital thorough research is essential. This is hard to do when there is only a small amount of information available to base any decision on. Ironically it is often considered better to have a bad reputation than no reputation at all! It is difficult to recommend CheckBook IRA at the moment because of the scant independent information available.
Please feel free to contact us at any time if you have questions about the Check Book IRA structure. We’re always happy to talk over any ideas you have for investments and explain how those investments might work with a Check Book IRA. We enjoy hearing from current clients as well, so drop us a line if you get time.
Redmond OR | Scottsdale AZ | Minneapolis MN
9375 E Shea Blvd., Suite 100 Scottsdale, AZ 85260
Contact: (800) 482 2760
Fax: 866.302.5992
M-F 6:00 am-5:00 pm PST
