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    Palladium in my IRA? Vegas investor wants to hear your thoughts.

    Key Takeaways
    • Okay, so I've been kicking around the idea of diversifying my Gold IRA slightly, and palladium keeps popping up on my radar.
    • Palladium's industrial demand story, particularly with catalytic converters, is pretty compelling.
    • The supply constraints out of places like Russia have also been a point of interest for me.
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    Okay, so I've been kicking around the idea of diversifying my Gold IRA slightly, and palladium keeps popping up on my radar. Most of my $180k portfolio is currently in physical gold and a smaller chunk of silver, which has served me well over the last few years, especially with all the economic weirdness going on. I'm a veteran of the casino industry here in Vegas – seen enough booms and busts to know you can't put all your chips on one number, even if it's a "sure thing." I get risk, I understand volatility, and I'm not looking for a get-rich-quick scheme.

    Palladium's industrial demand story, particularly with catalytic converters, is pretty compelling. I know EVs are a thing, but it feels like the internal combustion engine isn't going to vanish overnight, and even then, there are other industrial uses. The supply constraints out of places like Russia have also been a point of interest for me. My concern, though, is the liquidity compared to gold. If I need to sell a portion down the line, is palladium going to be as straightforward as gold or even silver?

    Anyone here actually hold palladium in their IRA? What's been your experience? Did you commit a significant percentage of your precious metals allocation to it, or just a small speculative play? I'm thinking maybe 5-10% of my total metals holdings, just to dip a toe in and get some exposure. I'd love to hear from folks who've been in this space longer or have some insights I might be missing. What are the major pros and cons you’ve encountered?

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    3 comments

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    Best Answer▲ 7 upvotes
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    paul_hill🏆Advanced (250-500k)

    Totally get where you're coming from! I actually dipped my toes into palladium for my IRA a few years back, not a huge amount, maybe 10% of my precious metals holdings. It's been an interesting ride, a bit more volatile than my gold for sure, but it's definitely added some different flavor to the portfolio. Good luck with whatever you decide!

    Comments (3)

    7
    paul_hill🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    Totally get where you're coming from! I actually dipped my toes into palladium for my IRA a few years back, not a huge amount, maybe 10% of my precious metals holdings. It's been an interesting ride, a bit more volatile than my gold for sure, but it's definitely added some different flavor to the portfolio. Good luck with whatever you decide!

    4
    charles_lewis💎Premium (500k-1m)Real Investorabout 1 month ago

    Interesting thought! So with $180k already, how much of that are you thinking of allocating to palladium? Like, what percentage of your overall portfolio are you considering for it?

    6
    janet_cook📊Growing (50-100k)about 1 month ago

    Interesting thought process, but I'm not entirely sold on palladium for a retirement account. While it's certainly had its moments, it also feels a bit more volatile and niche compared to gold and silver, which have a much longer and more consistent track record as stores of value. Plus, the industrial demand for palladium can be pretty cyclical. Are you sure you want that kind of exposure in something as critical as your IRA?

    I get the desire to diversify, but sometimes sticking to the tried and true for the core of your retirement savings makes more sense. Just my two cents, of course!

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