π₯ Active Debate
Controversy Level: 7/10
Gold at $2,500+ is too expensive to buy now
Look, I'm going to say what everyone's thinking but afraid to say: Gold IRAs are boomer advice that doesn't apply to millennials.
I'm 32. I have 30+ years until retirement. Why would I lock up money in gold that historically returns 8% when I could be in index funds returning 10-12%?
The math doesn't add up. Gold is for people scared of their own shadow, not for young investors with time horizons.
Change my mind.
7 comments4 participantsHigh engagementabout 1 month ago
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7 comments
AR
andrew_roberts
π Elite
Verified
about 1 month ago
Genuinely curious β has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?
+12
MC
maria_campbell
π Growing
Verified
about 1 month ago
Genuinely curious β has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?
+2
DB
diane_bailey
π° Established
about 1 month ago
I keep going back and forth between gold and silver allocations. The gold-to-silver ratio right now is making silver look attractive.
+16
BE
brian_edwards
π Ultra
Verified
about 1 month ago
This mirrors what I've been seeing too. The macro environment right now is making a strong case for physical metals.
+7
SC
susan_clark
π° Established
about 1 month ago
Genuinely curious β has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?
+8
KP
kenneth_parker
π Premium
Verified
about 1 month ago
I keep going back and forth between gold and silver allocations. The gold-to-silver ratio right now is making silver look attractive.
+12
FR
frank_rivera
π Premium
about 1 month ago
I was pretty skeptical about another gold IRA forum but the tools here on GIRAB actually surprised me β the calculator alone saved me hours of spreadsheet work.
+17