Palladium in my IRA? Worth it or just more volatility?
- •It’s been nice having something tangible.
- •Now I'm looking at Palladium and wondering if it makes sense to add.
- •I’ve currently got about $350k in my IRA, with a decent chunk of that (around 15%) in physical gold and silver.
Been doing a deep dive into my Gold IRA lately, mostly happy with how my gold and silver allocations are performing, especially with all the market jitters lately. My initial thought process for getting into precious metals a couple of years back was really just diversification – getting out of a purely tech-heavy portfolio after seeing a few too many wild swings. It’s been nice having something tangible.
Now I'm looking at Palladium and wondering if it makes sense to add. I’ve currently got about $350k in my IRA, with a decent chunk of that (around 15%) in physical gold and silver. I’m based in SF and honestly, the sheer amount of tech wealth here makes me feel like everyone’s chasing the next big thing, and sometimes it just feels… unstable. I like the idea of something less correlated. Palladium has seen some crazy highs and lows, which is both exciting and terrifying. I'm not looking for a quick flip, but I also don't want to get into something that's just going to sit flat for a decade when I could have bought more gold.
My broker mentioned it briefly as another option for industrial demand, catalytic converters, etc. But the swings seem even more pronounced than gold or silver. Is anyone here actually holding Palladium in their IRA? What’s your experience been like, especially for folks not actively day trading it? Is it a good way to further diversify or just adding another layer of risk to an already protected asset class?
Curious to hear some real-world thoughts beyond just the market charts. What's the general consensus on long-term hold for Palladium within an IRA for capital preservation/growth?