Palladium in my IRA? Thinking about diversifying beyond gold/silver.
- •Been heavy into gold and silver for years now, built up a pretty solid precious metals IRA.
- •We're talking something like 7-figures in metals, not including the other portfolio aspects.
- •Live out here in Scottsdale, got a good handle on my investments, but I'm always looking at what's next.
Been heavy into gold and silver for years now, built up a pretty solid precious metals IRA. We're talking something like 7-figures in metals, not including the other portfolio aspects. Live out here in Scottsdale, got a good handle on my investments, but I'm always looking at what's next. Lately, I've been kicking around the idea of adding palladium to the mix within the IRA.
My current setup is mostly physical gold and silver, both allocated and stored securely. I've seen the palladium prices do their thing over the last few years, and it's definitely got me thinking. The industrial demand always seems to be there, and the supply side can be a bit… volatile. That combination usually spells opportunity. I'm not looking to move 50% of my metals into it, but a solid 5-10% might make sense for further diversification.
Anyone here already holding palladium in their self-directed IRA? What's your experience been like with the custodians, storage fees, and overall performance? Did you regret not getting in earlier or are you happy with your position now? I’ve done my research, of course, but always value hearing real-world experiences from others with skin in the game. I’m thinking about pulling the trigger, but another perspective never hurts.