🔥 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.
5 comments3 participantsHigh engagement3 days ago
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5 comments
JP
joshua_phillips
🏆 Advanced
Verified
about 11 hours ago
Just started my rollover process last month. The paperwork alone almost made me quit lol.
+4
WD
william_davis
💎 Premium
about 11 hours ago
This mirrors what I've been seeing too. The macro environment right now is making a strong case for physical metals.
+10
SC
susan_clark
💰 Established
about 11 hours ago
I rolled over about $80k last year. Honestly the hardest part was just picking which metals to hold. Still second-guessing myself.
+19
SG
sandra_green
📊 Growing
Verified
about 11 hours ago
I rolled over about $80k last year. Honestly the hardest part was just picking which metals to hold. Still second-guessing myself.
+8
BE
brian_edwards
🌟 Ultra
Verified
about 11 hours ago
My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.
+4