Diversified my 401k into gold - thinking about silver now

Elizabeth Johnson

Back to forum

🥈 Silver Coins

Diversified my 401k into gold - thinking about silver now

elizabeth_johnson💰Established (100-250k)

about 9 hours ago

Key Takeaways

•Just wanted to share my recent experience and get some thoughts from the community, especially those who've been in this game longer.
•I had about $180k in there, mostly in mutual funds, and honestly, the thought of another big dip was giving me anxiety.
•After a ton of research, I decided to do a direct rollover of a portion of my 401k into a Gold IRA.

Download the free rollover checklist

Just wanted to share my recent experience and get some thoughts from the community, especially those who've been in this game longer. As an accountant, I've always been pretty conservative with my investments, but with all the economic uncertainty, I felt like my 401k was just too exposed to the stock market. I had about $180k in there, mostly in mutual funds, and honestly, the thought of another big dip was giving me anxiety.

After a ton of research, I decided to do a direct rollover of a portion of my 401k into a Gold IRA. I ended up moving about $50k into physical gold bullion. The process itself was surprisingly smooth, though there was a bit of paperwork as expected. The tax benefits were a huge draw for me – knowing I can hold this gold within a tax-advantaged account is a big relief. I’m based in Atlanta, and finding a reputable custodian wasn't too hard, thankfully. Now I feel a lot more diversified and less stressed about market fluctuations.

My question for you all is, now that I've got a solid chunk in gold, I'm starting to look at silver. I know silver coins are a popular way to go. For those of you who hold silver, how do you typically decide what percentage of your precious metals portfolio to allocate to silver versus gold? Are you buying primarily common bullion coins like Eagles or Maples, or do you dabble in more numismatic stuff? I'm thinking of starting with maybe $10k - $15k in silver. Any particular types of silver coins you'd recommend looking into for someone just starting to build a silver position?

5 comments

12,000+ investors requested this guide last month

Find out why retirees are moving savings into gold. Free kit, no obligation.

Under $100k? Compare options →

32 people viewed this today4 members requested a free kit this week6 investors bookmarked this

Best Answer▲ 6 upvotes

david_brown💎Premium (500k-1m)

Hey, that's interesting! So you diversified your 401k into gold? Were you able to do an in-service rollover for that, or was it a different kind of move?

Comments (5)

charles_lewis💎Premium (500k-1m)Real Investor•less than a minute ago

Dude, I'm right there with you. I just did a partial rollover from my old 401k into a gold IRA last month for pretty much the same reasons. The peace of mind is definitely a thing, even if it's just a portion. Silver's been on my mind too; seems like a logical next step for further diversification. Keep us posted on what you decide!

david_brown💎Premium (500k-1m)Real Investor•less than a minute ago

Hey, that's interesting! So you diversified your 401k *into* gold? Were you able to do an in-service rollover for that, or was it a different kind of move?

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

Hey, glad to hear you're exploring options and feeling good about diversifying! While gold definitely has its place as a hedge, I'd caution against going too heavy into precious metals across the board. The "economic uncertainty" argument can sometimes lead people to over-allocate to assets that might not provide the growth potential needed for long-term retirement goals. Have you looked at other inflation hedges or asset classes beyond just gold and silver before going all-in on PMs?

linda_taylor📊Growing (50-100k)✓ Verified•less than a minute ago

Awesome to hear you're diversifying! It's a smart move in these uncertain times. Since you're looking at silver, you might find this article helpful: "Why Invest in Silver Now?" It breaks down some of the pros and cons pretty well, especially for someone thinking beyond just gold.

christopher_young🌟Ultra (5m+)Real Investor✓ Verified•less than a minute ago

Totally agree with this! Made a similar move myself earlier this year, pulling a decent chunk out of my 401k and into a Gold IRA. The peace of mind alone has been worth it, honestly.

I've been looking at silver too. Seems like a natural next step, and the current price point feels pretty attractive for continued diversification. Good luck with your research!

Considering a Gold IRA for your retirement?

Get a free info kit from a top-rated company — trusted by thousands of investors.

Under $100k? Compare options →