My Gold IRA rollover now has some silver too - anyone else diversified this way?

Sandra Green

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My Gold IRA rollover now has some silver too - anyone else diversified this way?

sandra_green📊Growing (50-100k)

about 8 hours ago

Key Takeaways

•So, we finally got around to rolling over my old 401k from my nursing job into a Gold IRA.
•My husband's a farmer, and honestly, we just believe in things you can touch and hold.
•Paper money, stocks...

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

So, we finally got around to rolling over my old 401k from my nursing job into a Gold IRA. My husband's a farmer, and honestly, we just believe in things you can touch and hold. Paper money, stocks... it always feels a bit squishy to me. We've got about $75k in there now, and after much deliberation (and my husband reminding me every other day that "dirt don't lie, and metal's pretty close"), I decided to allocate about 15% of it to silver. I was a bit hesitant at first, focusing solely on gold, but the more I read, the more sense silver made for a portion of the portfolio.

My main reasoning behind adding silver was a few things. First, the price point. It feels a bit more accessible, and while gold is the ultimate safe haven, silver has that industrial demand side too, which I think gives it a different kind of stability or growth potential, especially with all the new tech popping up. Second, I liked the idea of having more individual units. If things ever got really hairy, having a broader range of denominations seems like it could be more practical for bartering or smaller transactions, though I truly hope it never comes to that for Kansas City!

I spent a surprising amount of time on tools like the Gold vs Stocks Comparison tool, mostly looking at gold's performance over the last 10 years compared to stocks, and it really solidified my decision to go tangible. But then I started looking at silver's historical performance alongside gold and that's what tipped me over. It just seemed like a smart way to round out the portfolio without going all-in on just one metal, even one as trusted as gold. Did anyone else go this route of adding silver to their Gold IRA? What were your reasons?

It's a big step for us, putting a good chunk of our retirement savings into something so different from what most people do. But with the way the world feels sometimes, I just sleep better knowing some of our wealth isn't just numbers on a screen. Tangible assets just feel right for our family, especially after seeing how much impact global events can have on the stock market. Any other Kansas City folks doing something similar?

4 comments

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Best Answer▲ 7 upvotes

donna_rogers🏆Advanced (250-500k)

Interesting! While I totally get the appeal of tangible assets you can hold, I do wonder about adding silver specifically to a gold IRA. Gold has that long-standing historical role as a primary monetary metal, whereas silver can be a bit more volatile due to its industrial uses. Have you thought about how that could impact the overall stability of your retirement savings compared to sticking purely with gold?

Comments (4)

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

Oh, totally! I did something similar a few years back. Had an old 403b from my teaching days just sitting there, and the market was making me nervous. Decided to roll a good chunk of it into a Gold IRA, and like you, added a decent amount of silver. It just feels... safer, doesn't it? Knowing it's tangible assets is a huge peace of mind for me too.

charles_lewis💎Premium (500k-1m)Real Investor•less than a minute ago

Congrats on getting that rollover done! It's such a relief to have that peace of mind, right? I'm curious, when you say "some silver too," are we talking about a specific percentage or just a smaller portion alongside the gold?

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

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

That's awesome you're feeling more secure with your retirement funds! It's smart to diversify beyond just gold, especially with the current economic climate. Many people are adding silver, platinum, or even palladium to their precious metals IRA.

One thing to keep in mind, make sure your custodian allows for segregated storage if that's something important to you. Not all do, and it can offer an extra layer of peace of mind knowing your specific metals aren't commingled. There are some good comparison sites out there if you want to double-check your custodian's policies!

The biggest mistake retirees make with their 401(k)

Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

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