Finally seeing the light at the end of the tunnel with my gold IRA!
- •Okay, I gotta share this with you all because I'm genuinely buzzing right now.
- •I started this whole journey back in 2017 with about $150k from an old 401k rollover.
- •Fast forward to today, and my gold IRA is sitting pretty at just over $420k.
Okay, I gotta share this with you all because I'm genuinely buzzing right now. After years of being pretty steadfast in my conviction about gold, even when everyone around me was piling into tech stocks, I'm finally seeing some serious returns in my Gold IRA. I started this whole journey back in 2017 with about $150k from an old 401k rollover. At the time, gold was hovering around $1200-$1300 an ounce, and boy did I get some side-eye from my friends and even some family for not just sticking everything in the S&P 500.
Fast forward to today, and my gold IRA is sitting pretty at just over $420k. That's a pretty sweet return for something a lot of people called "a boomer rock." I'm also helping a few clients here in SLC set up their own gold IRAs, and it's been a real conversation starter lately, especially with all the market volatility. It's not just about the profit; it's the peace of mind knowing a good chunk of my retirement isn't tied to the whims of the stock market. Don't get me wrong, I still have exposure to equities, but the gold has been my steadfast anchor.
One of the tools I find myself linking to a lot these days, especially when discussing diversification, is that "Silver vs Stocks" comparison tool at https://silvervsstocks.goldirablueprint.com/?period=10Y. It really helps people visualize the long-term trends and how silver (and by extension, gold) stacks up. It’s hard to argue with the data when you see it laid out visually.
Anyone else out there who started their gold journey a few years back and is feeling good about where things are heading? Or conversely, if you're just starting out, what's been your biggest motivation?