Palladium in my IRA? Seeking opinions and experience

Ronald Morris

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Palladium in my IRA? Seeking opinions and experience

ronald_morris👑Elite (1m-5m)

about 9 hours ago

Key Takeaways

•I'm looking into diversifying my precious metals holdings a bit further within my IRA and Palladium has caught my eye.
•I’m thinking of allocating maybe 5-10% of my overall precious metals exposure to palladium.
•I’m specifically looking at IRA-approved bullion.

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I'm looking into diversifying my precious metals holdings a bit further within my IRA and Palladium has caught my eye. Currently, my portfolio is pretty heavily weighted in gold and silver, mostly physical rounds stored with a reputable custodian, but a good portion of it is also in Gold mining stocks. I started building this out shortly after retirement from the Navy, probably 10-12 years ago now, and it's served me well, especially navigating some of the recent market turbulence.

I've always taken a fairly disciplined approach to my investing, much like my career, and the thought of adding a more niche metal like palladium brings both excitement and a touch of caution. I’m thinking of allocating maybe 5-10% of my overall precious metals exposure to palladium. I’m specifically looking at IRA-approved bullion. My rationale is the industrial demand, particularly in catalytic converters, coupled with the supply squeeze from Russia and South Africa. It seems like a strong play for capital appreciation, but I also know that industrial demand can be a double-edged sword if tech shifts or economic downturns hit hard. I'm based here in Virginia Beach, and frankly, local resources for in-depth palladium analysis beyond the standard headlines are a bit thin.

Anyone here have direct experience holding palladium in their IRA? What custodians are you using, and what were the fees like compared to gold and silver? Did you see the kind of growth you expected, or were there any unexpected downturns? I'm particularly interested in hearing from folks who have held it for a few years – something beyond the short-term speculative plays. What are your general thoughts on its long-term prospects as an IRA asset?

3 comments

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Best Answer▲ 6 upvotes

joseph_harris📊Growing (50-100k)

Palladium is interesting! I actually dabbled in it myself within my IRA a few years back. Not a huge position, but I wanted some exposure beyond just gold and silver. My experience was... fine? It definitely moved differently than the others, which was the goal, but the volatility was something to watch. Good luck with your research!

Comments (3)

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

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

Hey, interesting thought on palladium!

You mentioned you're already holding gold mining stocks. Are you thinking of palladium mining stocks for your IRA, or physical palladium bars/coins like you do with your gold and silver?

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

Interesting thought process, given Palladium's recent volatility. While diversification is key, I'm curious why Palladium specifically over, say, platinum? Platinum has some of the industrial demand palladium does, but with a typically lower price point and often a higher demand in jewelry, which could offer a bit more stability as a long-term hold in an IRA. Just a different angle to consider!

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