Gold's been good to me - 7-figure real estate deal and retirement on the horizon

Brian Edwards

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Gold's been good to me - 7-figure real estate deal and retirement on the horizon

brian_edwards🌟Ultra (5m+)

less than a minute ago

Key Takeaways

•Just wanted to share a bit about my journey with gold, especially in a Gold IRA.
•Best move I've made in a long time for future security, especially seeing what the markets have been doing lately.
•My main business is real estate development up here in Aspen, and as you can imagine, that's been a wild ride.

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Just wanted to share a bit about my journey with gold, especially in a Gold IRA. Been holding physical gold since the mid-2000s, mostly offshore in a vault, but opened a Gold IRA a few years back after some conversations with my financial advisor when we started planning for retirement. Best move I've made in a long time for future security, especially seeing what the markets have been doing lately.

My main business is real estate development up here in Aspen, and as you can imagine, that's been a wild ride. But having that diversified portfolio, with a significant chunk in gold, has been huge for peace of mind. Just closed on a 7-figure land deal that was entirely possible because I had the liquidity and the confidence that my other assets weren't evaporating overnight. Gold isn't just about protection; it's about stability when everything else feels like it's on a rollercoaster. I've always considered it a foundational hedge, especially when you've got millions tied up in illiquid assets like I do.

Honestly contemplating rolling over even more of my traditional IRA into a Gold IRA. My metals holdings overall are probably pushing 15-20% of my total portfolio now, and it’s served me incredibly well. The consistency, even through all the market noise, has been truly impressive. Anyone else here feel like their gold holdings (IRA or otherwise) have been a major factor in recent successes or big financial moves?

3 comments

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Best Answer▲ 9 upvotes

helen_turner💰Established (100-250k)

That's awesome you've had such a great experience with gold! And congrats on the impending retirement and the real estate deal, sounds like you've done incredibly well.

I do wonder, though, if a lot of that "good to me" feeling from gold comes more from the offshore physical holdings you've had since the mid-2000s, rather than the relatively newer Gold IRA portion. The Gold IRA, while potentially offering some tax advantages, is still relatively recent for you. Just a thought!

Comments (3)

catherine_bell🏆Advanced (250-500k)Real Investor•less than a minute ago

That's awesome to hear! Seriously, congrats on the real estate deal and the upcoming retirement. Gives me flashbacks to my dad's experience. He wasn't quite 7-figures, but he sold off a property in '08 right before the crash, and the chunk of that he put into physical gold then really set him up comfortably for his retirement a few years later. It's wild how those moves can pay off.

sharon_evans💰Established (100-250k)Real Investor•less than a minute ago

That's an awesome story! Offshore vault, that's pretty next level. I'm curious, what made you decide to move some of that into a Gold IRA rather than keeping it all offshore?

helen_turner💰Established (100-250k)Real Investor•less than a minute ago

That's awesome you've had such a great experience with gold! And congrats on the impending retirement and the real estate deal, sounds like you've done incredibly well.

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