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    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.

    11 comments6 participantsHigh engagementabout 1 month ago
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    11 comments
    CL
    charles_lewis
    πŸ’Ž Premium
    about 1 month ago
    Genuinely curious β€” has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?
    +11
    CB
    catherine_bell
    πŸ† Advanced
    about 1 month ago
    Interesting take. I've heard the opposite from a few people though β€” would love to see some actual numbers on this.
    +3
    CC
    carol_carter
    πŸ’° Established
    about 1 month ago
    Just started my rollover process last month. The paperwork alone almost made me quit lol.
    +19
    FR
    frank_rivera
    πŸ’Ž Premium
    about 1 month ago
    Genuinely curious β€” has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?
    +5
    SG
    sandra_green
    πŸ“Š Growing
    Verified
    about 1 month ago
    Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.
    +2
    DN
    donald_nelson
    πŸ’Ž Premium
    Verified
    about 1 month ago
    Interesting take. I've heard the opposite from a few people though β€” would love to see some actual numbers on this.
    +1
    MC
    michelle_collins
    πŸ† Advanced
    about 1 month ago
    Genuinely curious β€” has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?
    +8
    MA
    michael_anderson
    πŸ† Advanced
    about 1 month ago
    Been looking into this myself β€” the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?
    +14
    JP
    joshua_phillips
    πŸ† Advanced
    Verified
    about 1 month ago
    Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.
    +8
    GS
    gary_stewart
    πŸ“Š Growing
    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.
    +4
    JC
    janet_cook
    πŸ“Š Growing
    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.
    +6