Inflation got me thinking a lot lately - anyone else?

Carol Carter

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Inflation got me thinking a lot lately - anyone else?

carol_carter💰Established (100-250k)

about 9 hours ago

Key Takeaways

•Been seeing a lot of chatter lately about inflation and how it's driving people to look at gold.
•As someone with a good chunk of my retirement in a Gold IRA, it's definitely got me more engaged than usual.
•I'm sitting on around a $180k portfolio right now, with about 25% of that in physical gold through an IRA I set up a few years back.

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Been seeing a lot of chatter lately about inflation and how it's driving people to look at gold. As someone with a good chunk of my retirement in a Gold IRA, it's definitely got me more engaged than usual. I'm sitting on around a $180k portfolio right now, with about 25% of that in physical gold through an IRA I set up a few years back. The rest is a pretty standard mix of index funds and some real estate investments here in Omaha. I'm an insurance agent by day, so risk management is kind of ingrained in me, and that's exactly why I went with gold in the first place.

Honestly, the news lately about rising prices just makes me feel... uneasy. Gas prices are up, groceries feel like they're trying to take my whole paycheck, and it's hard not to wonder what that's going to do to the purchasing power of my more traditional assets down the line. That's where I really appreciate having that gold backing. It feels like a solid anchor when everything else is floating around. My dad always told me "money comes and goes, but gold lasts," and I guess that's really resonating now more than ever.

I'm curious to hear from others – are these inflation fears a major driver for you right now? Or is it more about long-term diversification? For me, it's a bit of both, but the inflation talk definitely amplifies the feeling that I made a smart choice. Are any of you considering adding more to your precious metals allocation specifically because of inflation concerns? I'm always looking for different perspectives on this.

5 comments

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Best Answer▲ 7 upvotes

helen_turner💰Established (100-250k)

Honestly, while inflation is a concern, I'm not entirely convinced that gold is the only or even the best hedge. I mean, sure, it's held value historically, but it's not like it's immune to market fluctuations. Sometimes I wonder if people get a bit too caught up in the "gold rush" mentality when other assets might offer better long-term growth potential, even with some inflation risk. Just something to consider, especially with 25% of your portfolio in it!

Comments (5)

betty_king📊Growing (50-100k)•less than a minute ago

Totally get what you mean. Inflation is a real concern and definitely makes you second-guess your portfolio choices.

You mentioned 25% in physical gold. Is that all in one type of gold, like Krugerrands or American Eagles, or is it diversified across different coins/bullion?

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

Honestly, while inflation is a concern, I'm not entirely convinced that gold is the *only* or even the *best* hedge. I mean, sure, it's held value historically, but it's not like it's immune to market fluctuations. Sometimes I wonder if people get a bit too caught up in the "gold rush" mentality when other assets might offer better long-term growth potential, even with some inflation risk. Just something to consider, especially with 25% of your portfolio in it!

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

Totally get this. I actually upped my gold IRA allocation last year precisely because of inflation fears. Started with maybe 10% in physical, but after seeing prices climb on everything, I bumped it to 20% by selling off some underperforming stocks. It's a weird feeling, like, you hope you don't *need* it, but it's comforting to have that hedge.

gary_stewart📊Growing (50-100k)•less than a minute ago

Totally feel you on the inflation anxiety! It's definitely making a lot of us re-evaluate our portfolios. Since you're already in a Gold IRA, have you looked into also diversifying *within* your precious metals? Sometimes people focus solely on gold and forget about silver, platinum, or palladium, which can also offer good hedging against inflation and market volatility.

Here's a decent article that breaks down the pros and cons of adding other precious metals to a Gold IRA: https://www.investopedia.com/articles/investing/090215/why-invest-silver-platinum-palladium.asp Might be worth a read if you're looking

ruth_perez📊Growing (50-100k)•less than a minute ago

Totally feel this! Inflation's been a massive worry for me too. Glad to see someone else is in a similar boat with their Gold IRA.

I'm at about $210k total for my retirement and have closer to 30% in physical gold, plus some silver. Nice to hear others are using it as a hedge too.

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Gold has survived every recession. Get the free guide to see if it's right for your portfolio.

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