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    Finally pulled the trigger on adding silver to my IRA - feeling good about it

    M
    mark_adams👑Elite (1m-5m)
    about 2 months ago
    Key Takeaways
    • For this tranche, I went for a mix of American Silver Eagles and some 10oz Britannia bars for the silver component, alongside more Gold Eagles.
    • Total rollover was a little over $750k from an old employer's plan that was just sitting there getting minimal returns in some generic equity fund.
    • Figure a decent chunk of that in physical is a smarter play given the current global climate.
    See what your 401(k) could look like in gold

    Just closed the loop on rolling over a portion of my old 401k into a Precious Metals IRA, and decided to diversify beyond just gold by adding some silver into the mix. I've been sitting on a pretty substantial gold allocation for a while now, mostly physical and some Sprott funds, but for the IRA portion, I was initially just thinking more gold. My financial advisor (who honestly, sometimes I think just agrees with whatever I suggest because of the fees) was on board with either, but after looking at the gold/silver ratio and some forward-looking economic models, I felt like silver at these levels just made too much sense not to include.

    My existing gold IRA, which I set up years ago when I first started getting serious about inflation hedging, is mostly American Gold Eagles and some Canadian Maples. For this tranche, I went for a mix of American Silver Eagles and some 10oz Britannia bars for the silver component, alongside more Gold Eagles. Total rollover was a little over $750k from an old employer's plan that was just sitting there getting minimal returns in some generic equity fund. Figure a decent chunk of that in physical is a smarter play given the current global climate.

    Honestly, the whole process was smoother than I expected. The custodian handled most of the heavy lifting, which is a blessing because my weeks are usually 70+ hours and the last thing I need is more paperwork. I'm mainly a gold guy because of its historical store of value, but the industrial demand for silver, especially with the push for green tech, coupled with its monetary history, just makes it a compelling asset class to hold. Plus, the price point offers more leverage potential than gold in certain scenarios, which isn't lost on me.

    Anyone else here diversified their PM IRA beyond just gold? What's your reasoning? And for those who are purely gold, any regrets not adding silver when ratios were more favorable? Always curious to hear other perspectives, especially from those who've navigated these markets for a while. We're talking generational wealth here, so every decision feels magnified.

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    8 comments

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    Best Answer▲ 15 upvotes
    C
    christopher_young🌟Ultra (5m+)
    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.

    Comments (8)

    9
    thomas_walker🏆Advanced (250-500k)Real Investor✓ Verifiedabout 2 months ago

    Nice! I did something similar last year. Had a bunch of gold and was feeling a bit over-allocated, so I moved a chunk into silver within my PM IRA too. It's good to diversify those precious metals, feels less "all eggs in one basket."

    My only regret is not doing it sooner, but hey, better late than never!

    2
    margaret_chen🏆Advanced (250-500k)Real Investorabout 2 months ago

    Nice! Always good to diversify. What kind of silver did you go with for the IRA? Like, did you stick to standard bars/rounds or did you get into any specific coins?

    6
    william_davis💎Premium (500k-1m)Real Investorabout 2 months ago

    Hey, that's awesome you're feeling good about your decision! I hear ya on the diversification front, but personally, I tend to stick mostly with gold for my IRA. Silver definitely has its moments and can see some big swings, but the long-term stability and role of gold as a true store of value just resonates more with me for retirement planning. Different strokes for different folks, though, and I hope it works out great for you!

    8
    elizabeth_johnson💰Established (100-250k)Real Investor✓ Verifiedabout 2 months ago

    That's awesome! Diversifying into silver makes a lot of sense, especially with the gold/silver ratio still pretty high. Have you looked into the platinum group metals at all? Platinum and palladium can be interesting additions for an even more diversified precious metals portfolio, though they're definitely more volatile.

    For anyone else reading this thinking about adding silver, make sure you understand the difference between actual physical silver held in an IRA and something like SLV. You want the real deal held by your custodian.

    9
    brian_edwards🌟Ultra (5m+)Real Investor✓ Verifiedabout 2 months ago

    Right there with you! Gold's been good to me, but I also just diversified my own IRA into silver for similar reasons. My rationale was that the gold-to-silver ratio is still historically high, so it felt like a good entry point. Plus, industrial demand for silver seems like it's only going up. Glad to see someone else thinking along the same lines!

    15
    christopher_young🌟Ultra (5m+)Real Investor✓ Verified29 days 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.

    10
    laura_sanchez💰Established (100-250k)Real Investor✓ Verified29 days ago

    Just started my rollover process last month. The paperwork alone almost made me quit lol.

    6
    kenneth_parker💎Premium (500k-1m)Real Investor✓ Verified29 days ago

    Interesting take. I've heard the opposite from a few people though — would love to see some actual numbers on this.

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