Got my first physical gold order today - inflation hitting close to home

Ruth Perez

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Got my first physical gold order today - inflation hitting close to home

ruth_perez📊Growing (50-100k)

about 9 hours ago

Key Takeaways

•Just had to share, my first shipment of physical gold for my Gold IRA showed up today!
•Seeing those coins in hand just hits different, you know?
•My total Gold IRA portfolio is sitting around $65k right now, and I'm aiming to get it closer to $100k over the next few years.

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

Just had to share, my first shipment of physical gold for my Gold IRA showed up today! Seeing those coins in hand just hits different, you know? I’ve been building up my paper assets for years as a government employee here in Albuquerque, but with the way inflation's been going, I felt like I really needed to diversify.

My total Gold IRA portfolio is sitting around $65k right now, and I'm aiming to get it closer to $100k over the next few years. That pension is great and all, but I want to make sure I’ve got some extra cushion when I finally retire and maybe travel a bit. Inflation just feels so much more real these days. My grocery bill? Don't even get me started. And I'm seeing it everywhere, from gas prices to the cost of that new roof my neighbor just put on.

I know some people are skeptical about gold, but for me, it’s about that tangible, long-term store of value. It's a hedge, plain and simple. I spent a fair bit of time reading up on everything before diving in, and I even took that Gold IRA Quiz I found online to get a better sense of my options. It was actually pretty helpful for narrowing things down and understanding the process.

Anyone else feeling this much pressure from inflation? What are your go-to strategies for protecting your retirement savings right now? Especially interested to hear from folks who've had gold in their portfolio for a while – any surprises, good or bad?

4 comments

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Best Answer▲ 7 upvotes

karen_robinson💼Starter (0-50k)

Nice! Congrats on getting your first physical. I felt the exact same way when my first batch arrived a few months back. Holding that physical gold really does drive home the point about protecting your wealth in a way that looking at numbers on a screen just doesn't. It's a surreal feeling, almost like you're tapping into something ancient and incredibly stable.

Comments (4)

karen_robinson💼Starter (0-50k)•less than a minute ago

joyce_cooper📊Growing (50-100k)✓ Verified•less than a minute ago

That's awesome, congrats on the delivery! Out of curiosity, what types of coins did you go with for your first order?

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

Congrats on the first delivery! That's definitely an exciting feeling. While holding physical gold is awesome, I'm curious if you've considered how much of a premium you might be paying for those specific coins compared to just holding something like a gold ETF or even unallocated gold through a service? For inflation protection, sometimes the lowest cost exposure can be just as effective without the added markup of physical coins, especially if you're not planning on truly "holding" them yourself for the long term inside a safe at home.

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

Awesome, congrats on your first physical gold delivery! There's definitely something special about holding it in your hand. Since you're just starting out, you might find this guide on storing physical gold helpful – it covers everything from home safes to secure depositories. Make sure you're keeping it safe!

How to Store Gold: A Guide for Investors

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