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    Palladium in an IRA - anyone else considering it or already in?

    Key Takeaways
    • Been seeing a lot of chatter lately about palladium, and it got me thinking about my own Gold IRA.
    • I’m a retired teacher here in Phoenix, and after the 2008 mess, I poured about a quarter of my portfolio into gold.
    • Mostly physical, kept it with one of those reputable custodians, and it’s been a good, steady anchor for me.
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    Been seeing a lot of chatter lately about palladium, and it got me thinking about my own Gold IRA. I’m a retired teacher here in Phoenix, and after the 2008 mess, I poured about a quarter of my portfolio into gold. Mostly physical, kept it with one of those reputable custodians, and it’s been a good, steady anchor for me. Not looking to get rich quick, just protect what I’ve got, you know?

    My Gold IRA is sitting right around the $150k mark, all in various gold coins and bars. But palladium’s performance this past year or two has been pretty compelling. I remember my advisor back then mentioning it as a possibility for diversification, but I just stuck to good old gold. Now, with the auto industry, electric vehicles (though that’s platinum’s turf more, right?), and supply chain issues, it seems like palladium might have a strong future. I'm wondering if it's worth adding a small percentage to my current holdings, or if it might be too volatile for someone in my position. My main goal is capital preservation, not speculation, though a little extra growth wouldn’t hurt!

    Has anyone here already diversified their precious metals IRA with palladium? What was your rationale? Did you notice any significant differences in custodian fees or storage costs compared to gold? I’m thinking maybe 5-10% of my current PM allocation, certainly not diving in headfirst. Any insights from folks with experience in this would be greatly appreciated. I'm always looking to learn from others, especially those who’ve been in the game longer than me, even if it's just for a few years.

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    3 comments

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    ashley_baker💼Starter (0-50k)

    Interesting! So you're mostly in physical gold now. Are you thinking about adding physical palladium to your existing setup, or are you looking at palladium ETFs/futures?

    Comments (3)

    1
    sandra_green📊Growing (50-100k)✓ Verifiedless than a minute ago

    Totally feel this! The 2008 crash was a wake-up call for so many of us. I wasn't retired then, but I definitely diversified into precious metals shortly after. My grandmother always preached about having some "hard assets," and bless her, she was right. Palladium is interesting, I've seen some of the buzz too. Haven't pulled the trigger on adding it to my IRA yet, but it's on my radar for sure. Glad to hear your gold move paid off!

    10
    ashley_baker💼Starter (0-50k)✓ Verifiedless than a minute ago

    Interesting! So you're mostly in physical gold now. Are you thinking about adding physical palladium to your existing setup, or are you looking at palladium ETFs/futures?

    3
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedless than a minute ago

    Hey, interesting thought on palladium! While it's definitely had some wild swings, and I get the appeal of diversification, it's worth remembering palladium's a lot more industrial-demand driven than gold. Gold's got that ancient "store of value" thing going on that palladium just doesn't, even with its high price tag sometimes. For an IRA, that long-term stability and historical hedge against inflation might be more important than chasing the next big commodity.

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