🔥 Gold IRAs are overrated for millennials - Change my mind

Frank Rivera

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🥇 Gold IRA

🔥 Gold IRAs are overrated for millennials - Change my mind

frank_rivera💎Premium (500k-1m)

about 2 months ago

Key Takeaways

•Let's actually debate this.

See what your 401(k) could look like in gold

Hot take: Gold IRAs are overrated for millennials - Change my mind The data backs this up and most "experts" have financial incentives to say otherwise. Let's actually debate this. 🔥

11 comments

Rolling over to gold takes 3 steps — here's how

See the exact process thousands of investors used to move their 401(k) into physical gold.

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Best Answer▲ 15 upvotes

margaret_chen🏆Advanced (250-500k)

Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

Comments (11)

richard_garcia👑Elite (1m-5m)Real Investor•about 2 months ago

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

joshua_phillips🏆Advanced (250-500k)Real Investor✓ Verified•about 2 months ago

I rolled over about $80k last year. Honestly the hardest part was just picking which metals to hold. Still second-guessing myself.

sharon_evans💰Established (100-250k)Real Investor•about 2 months ago

My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

jason_morgan💰Established (100-250k)Real Investor✓ Verified•about 2 months 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.

margaret_chen🏆Advanced (250-500k)Real Investor•about 2 months ago

Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

patricia_miller📊Growing (50-100k)✓ Verified•about 2 months ago

My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

daniel_wright💎Premium (500k-1m)Real Investor✓ Verified•about 2 months 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.