Palladium in the IRA - Anyone else diversifying beyond gold & silver?

Steven Mitchell

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Palladium in the IRA - Anyone else diversifying beyond gold & silver?

steven_mitchell🏆Advanced (250-500k)

less than a minute ago

Key Takeaways

•Been thinking a lot lately about diversifying my precious metals IRA beyond just gold and silver.
•The stability these metals offer compared to the wild swings of the stock market lately is just comforting, you know?
•Lately, though, palladium has been catching my eye.

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Been thinking a lot lately about diversifying my precious metals IRA beyond just gold and silver. I've got a decent chunk, probably around $350k spread across a few different allocations, primarily in physical gold and some silver, obviously through a self-directed IRA. Live in Cleveland, manufacturing exec, seen enough economic ups and downs to really value hard assets you can hold (or at least know are being held securely for you). The stability these metals offer compared to the wild swings of the stock market lately is just comforting, you know?

Lately, though, palladium has been catching my eye. I know it's had its own volatility, but the industrial demand, especially with the EV push (though I know its primary use is catalytic converters for ICE cars, there are niche applications here too), feels like it could be a play for some long-term growth. I’m not talking about putting a huge percentage of my portfolio into it, but maybe a 5-10% allocation could be interesting. Anyone here have any experience with holding palladium in their IRA? What kind of custodian fees are you seeing for it compared to gold or silver?

My metals portfolio is part of my larger retirement planning, and at my age (early 50s), I'm already looking ahead to RMDs. I've actually found this RMD calculator really helpful for projecting what I'll need to start taking out down the line. It's a sobering thought, but good to be prepared.

Anyway, back to palladium. I'm curious if anyone has strong opinions either way. Is it chasing a trend, or a smart move for long-term diversification in a precious metals portfolio? Any thoughts on reputable dealers for this specifically within an IRA framework?

3 comments

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Best Answer▲ 6 upvotes

patricia_miller📊Growing (50-100k)

Oh man, I totally feel you on this! I was in a similar boat a few years back. Had a good chunk set aside in the usual gold and silver, but kept wondering if I was missing out on other opportunities. Ended up adding a bit of platinum to my IRA, not a huge allocation, but enough to feel like I was truly diversifying. It’s been interesting to watch its performance alongside the gold and silver.

Comments (3)

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

helen_turner💰Established (100-250k)Real Investor•less than a minute ago

Interesting! You mentioned a "decent chunk, probably around $350k spread across a few different allocations." Are those allocations *within* the IRA, or are you also holding some outside of it?

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

Interesting thought, but I'm not sold on palladium for an IRA, especially with the current market volatility. While it's had some impressive runs, it also seems to be more susceptible to industrial demand fluctuations than gold or even silver. Gold's role as a long-term store of value feels more reliable for retirement savings. Are you looking for more aggressive growth, or just broader diversification for the sake of it?

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