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    First-timer here - thinking about Palladium

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    Key Takeaways
    • Alright, so I’ve been looking into rolling over a good chunk of my old 401k into a Precious Metals IRA, specifically leaning towards Palladium.
    • I'm sitting on somewhere around $750k in my overall portfolio right now, mostly tech stocks that have done pretty well for me over the last decade.
    • But honestly, this market volatility has me a little antsy.
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    Alright, so I’ve been looking into rolling over a good chunk of my old 401k into a Precious Metals IRA, specifically leaning towards Palladium. I'm sitting on somewhere around $750k in my overall portfolio right now, mostly tech stocks that have done pretty well for me over the last decade. But honestly, this market volatility has me a little antsy. I mean, my apartment in Austin is appreciating like crazy, but my brokerage account feels like a rollercoaster lately. I want some stability, something that feels a bit more tangible.

    I've done a fair bit of research into Gold and Silver, but Palladium really caught my eye. Mostly because of its industrial demand – catalytic converters, electronics, etc. It feels like it has a strong underlying use case that could protect its value even if the broader economy dips. I’m thinking of putting maybe 10-15% of my total portfolio into this, so around $75k-$100k into a Palladium IRA. Has anyone here gone with Palladium for their IRA? What were your experiences, good or bad?

    I'm trying to weigh the pros and cons compared to gold or silver. I used that "Silver vs Stocks" tool on Gold IRA Blueprint (silvervsstocks.goldirablueprint.com/?period=10Y) to compare silver's performance to stocks over the last 10 years, and it was pretty eye-opening. Now I need to do a deeper dive into Palladium specifically. Any specific custodians you'd recommend for Palladium IRAs? Or any red flags I should be looking out for?

    I'm an entrepreneur, so I'm used to taking calculated risks, but with my retirement savings, I want to be as smart as possible. I’d love to hear from anyone who's already been down this road. What are the key factors I should consider when choosing a custodian, and what are the typical fees associated with a Palladium IRA? Any input would be greatly appreciated!

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    Best Answer▲ 8 upvotes
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    karen_robinson💼Starter (0-50k)

    Interesting! You mentioned a "good chunk" of your 401k. Are you thinking about allocating a specific percentage of that $750k portfolio to Palladium, or is it more about a dollar amount you're comfortable with for the precious metals allocation?

    Just curious how you're thinking about the weighting of it all!

    Comments (3)

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

    Hey, totally get where you're coming from. I was in a super similar boat last year, heavy into tech and looking to diversify. I actually ended up going with a mix of gold and some palladium (about 20% of my metals allocation). No regrets so far, it's been interesting to watch its performance alongside the gold. Good luck with your research!

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    karen_robinson💼Starter (0-50k)about 2 months ago

    Interesting! You mentioned a "good chunk" of your 401k. Are you thinking about allocating a specific percentage of that $750k portfolio to Palladium, or is it more about a dollar amount you're comfortable with for the precious metals allocation?

    Just curious how you're thinking about the weighting of it all!

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

    Hey there, interesting thought process! While palladium has definitely seen some impressive runs, and it's good to diversify from tech, have you really dug deep into its current supply/demand dynamics and price volatility? It's a much smaller market than gold or silver, and while that can mean big gains, it can also mean bigger swings, especially with the auto industry's shift. Just something to consider for a significant portion of your rollover, especially as a first-timer.

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