5 years in, my Gold IRA is solid. Anyone else seeing this growth?

Andrew Roberts

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5 years in, my Gold IRA is solid. Anyone else seeing this growth?

andrew_roberts👑Elite (1m-5m)

about 1 hour ago

Key Takeaways

•Just hit the 5-year mark with my Gold IRA, and frankly, I'm pretty damn pleased with how it's performed.
•I remember setting this up back in 2019, right before all the craziness started.
•While some of my other investments have had their ups and downs, the metals have been a rock.

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Just hit the 5-year mark with my Gold IRA, and frankly, I'm pretty damn pleased with how it's performed. I remember setting this up back in 2019, right before all the craziness started. Had just retired as CEO of a decent-sized manufacturing firm, sitting on a good chunk of change, and wanted to diversify away from purely paper assets. Decided to go heavy on metals, and my Gold IRA ended up being a significant part of that – we're talking a decent six-figure allocation here, easily over half a million to start.

My advisor, who I've been with for ages down here in Palm Beach, suggested the Gold IRA for the tax advantages and the direct ownership of physical gold and silver. Best decision. Seeing the stability and steady appreciation over these past five years, especially with all the market fluctuations and geopolitical nonsense, has been a huge comfort. While some of my other investments have had their ups and downs, the metals have been a rock. I haven't done an exact CAGR calculation recently, but let's just say I'm comfortably up over 50% on the initial investment in that account. The peace of mind alone has been worth it, frankly.

I know some folks on here are skeptical about precious metals investments, especially in an IRA wrapper. But for someone like me, with a substantial portfolio (north of $3M across everything), it’s about capital preservation and hedging against inflation and market volatility. It’s not about getting rich quick, it’s about staying rich and making sure my grandkids have something left. I’m thinking of upping my allocation a bit more if we see another dip, as I still feel gold has a lot of room to run.

Anyone else in a similar boat with their Gold IRA? What kind of returns have you been seeing over the last few years? And for those who are on the fence, what are your biggest concerns that keep you from investing in physical metals through a tax-advantaged account?

5 comments

Your purchasing power dropped 25% since 2020

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Best Answer▲ 9 upvotes

jennifer_martinez💰Established (100-250k)

That's awesome to hear your Gold IRA is performing well! Always great when a long-term strategy pays off.

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Comments (5)

andrew_roberts👑Elite (1m-5m)Real Investor✓ Verified•less than a minute ago

Totally feel this! I opened mine around the same time, maybe late 2018, and it’s been a pleasant surprise to watch it chug along. Diversification for the win, especially with all the market fluctuations lately.

matthew_murphy👑Elite (1m-5m)Real Investor•less than a minute ago

That's awesome to hear! Congrats on the solid performance. When you say "right before all the craziness started", are you referring to the pandemic or something else that influenced your decision to invest in a Gold IRA at that time?

joseph_harris📊Growing (50-100k)•less than a minute ago

Glad to hear your Gold IRA is working out for you! While gold has definitely had its moments, especially during uncertain times, it's worth remembering that past performance isn't always indicative of future returns. For many, gold acts more as a hedge against inflation and market volatility rather than a primary growth driver. Different strokes for different folks, I guess!

jennifer_martinez💰Established (100-250k)Real Investor✓ Verified•less than a minute ago

That's awesome to hear your Gold IRA is performing well! Always great when a long-term strategy pays off.

donna_rogers🏆Advanced (250-500k)Real Investor•less than a minute ago

Glad to hear it man! I'm not quite at 5 years yet (closer to 3), but my gold IRA has been a fantastic performer too. It's been rock-solid through all the inflation and market wobbles. Definitely feeling good about that decision.

Your purchasing power dropped 25% since 2020

Gold outpaced inflation every decade for 50 years. See what it could do for your IRA.

Under $100k? Compare options →