Gold just smashed ATHs - anyone else feeling good about their IRA contributions?
- •Okay, so that was honestly pretty wild to watch gold just blow past its previous all-time high.
- •Being a secretary at one of the big oil companies here in Tulsa, you pick up a few things from the execs and their investment strategies.
- •They've always been big on diversification and having a hedge against...
Okay, so that was honestly pretty wild to watch gold just blow past its previous all-time high. I've had a decent chunk of my IRA in physical gold for a bit now, and seeing that ticker just climb and climb over the last few months, and especially today, is making me feel pretty good about listening to some of the chatter I used to hear in the office. Being a secretary at one of the big oil companies here in Tulsa, you pick up a few things from the execs and their investment strategies. They've always been big on diversification and having a hedge against... well, everything, basically. That's why I started putting about 15% of my ~200k portfolio into a Gold IRA about four years ago.
My biggest question now is, what's everyone else thinking? Is this just the start of another leg up, or should we be looking at potential pullbacks? I know the general consensus from the gold bugs is always "to the moon!", but I'm looking for some more grounded perspectives. Are people rebalancing, adding more, or just holding tight? My plan was always long-term, but it's hard not to feel a little antsy after a run like this.
I've actually been using that Silver vs Stocks tool quite a bit lately, especially comparing the 10-year period. It's fascinating how much silver has lagged behind gold sometimes, but then has these insane catch-up periods. Makes me wonder if now's the time to maybe pivot a little of that new found gold value into some silver, or if the gold train is just going to keep chugging along with all the geopolitical stuff happening.
Anyone in a similar boat, or have any insights from their own Gold IRA adjustments? Just trying to gauge the temperature here. It's not every day you see something you've invested in break a record like that, so a little bit of emotional investing anxiety is definitely kicking in, even though I logically know it's a long-term play. Thoughts?