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    Diversifying with gold IRA after major real estate deals - what to watch for?

    B
    brian_edwards🌟Ultra (5m+)
    about 10 hours ago
    Key Takeaways
    • Finally making the jump into a gold IRA after years of just holding physical and doing real estate plays.
    • My traditional IRA is sitting at around $2.5M, mostly in SPY and some tech stocks.
    • I'm thinking of rolling over about $750k to $1M into a gold IRA.
    Download the free rollover checklist

    Finally making the jump into a gold IRA after years of just holding physical and doing real estate plays. I’ve had most of my capital tied up in projects in Aspen and some commercial stuff down in Denver, so direct metals and land have been my primary focus. Now that a few big sales have closed this year (north of $5M on one alone, which was nice), I'm looking to really diversify the retirement side of things beyond just stocks and bonds. I'm already sitting on a decent amount of physical gold and silver, mostly bullion and some pre-1933 coins, but the tax benefits and security of a proper IRA are appealing for a chunk of this new liquidity.

    My traditional IRA is sitting at around $2.5M, mostly in SPY and some tech stocks. I'm thinking of rolling over about $750k to $1M into a gold IRA. I've been doing a lot of reading on the various custodians and dealers, and frankly, it's a bit overwhelming. Some of these companies feel like they're just pushing whatever product gives them the highest commission. I'm familiar with the major players for physical holdings, but the IRA side adds a whole new layer of complexity with storage fees, custodian fees, and understanding the whole process of selecting IRS-approved metals. It’s not like buying land and just knowing what I'm looking at.

    For those of you who have already navigated this – what were your biggest headaches? Any particular custodians or dealers that stood out for their transparency and fair pricing? I’m looking for a company that really understands the nuances, especially around things like segregated storage, and isn’t just a glorified precious metals salesman. I'm based in Aspen, and while I do travel a lot, a good online experience and solid communication are key. What are the current average annual fees everyone is seeing for custodians and storage? I don’t mind paying for quality, but I also don’t want to be gouged.

    Also, any thoughts on the timing of a rollover right now? With inflation fears still percolating and the market being... well, the market, it feels like a good time to convert some paper into hard assets. But is there anything specific happening that makes now a particularly good, or bad, time to move a significant chunk into gold and silver? Thanks for any insights.

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    5 comments

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    Best Answer▲ 5 upvotes
    A
    ashley_baker💼Starter (0-50k)

    Dude, I'm in a semi-similar boat! Not quite Aspen, more like some solid flips in Scottsdale, but the "capital tied up in projects" part resonates hard. Just started looking into a gold IRA myself after seeing some pretty wild swings in the market. Definitely curious to hear what others chime in with here. What's been your biggest "aha!" moment so far in the research?

    Comments (5)

    5
    ashley_baker💼Starter (0-50k)✓ Verifiedless than a minute ago

    Dude, I'm in a semi-similar boat! Not quite Aspen, more like some solid flips in Scottsdale, but the "capital tied up in projects" part resonates hard. Just started looking into a gold IRA myself after seeing some pretty wild swings in the market. Definitely curious to hear what others chime in with here. What's been your biggest "aha!" moment so far in the research?

    4
    kenneth_parker💎Premium (500k-1m)Real Investor✓ Verifiedless than a minute ago

    Hey, that's a pretty interesting pivot! Sounds like you've done well with real estate. I'm curious, when you say "direct metals," are you talking about holding bullion yourself outside of an IRA, or something else entirely?

    1
    elizabeth_johnson💰Established (100-250k)Real Investor✓ Verifiedless than a minute ago

    Congrats on the big sales! Sounds like you've been crushing it in real estate. While a Gold IRA can definitely be a smart move for some diversification, I'd also consider if you're truly getting enough *different* exposure. Gold has its own correlation to other asset classes, and while it's a good hedge, it's not a magic bullet. Have you looked into other alternative investments that might offer a less direct correlation to your current portfolio? Just a thought to really broaden that diversification.

    4
    timothy_reed💎Premium (500k-1m)Real Investorless than a minute ago

    Congrats on closing those big sales! Diversifying with a gold IRA sounds like a smart move, especially after having so much tied up in real estate. One thing that often gets overlooked, especially for folks coming from more direct asset ownership like you, is understanding the storage options for your physical gold within the IRA. Make sure you're comfortable with the approved depositories and their security protocols. Forbes Advisor has a pretty good breakdown that might be helpful in understanding the nuances. Good luck!

    4
    diane_bailey💰Established (100-250k)Real Investorless than a minute ago

    Awesome, dude! Sounds like you've been killing it in real estate. It's smart to diversify now, especially after those big wins. I just moved a chunk into a gold IRA myself after a similar situation – sold off a rental property that was doing well but felt a bit too concentrated. The peace of mind is definitely a big plus.

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