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    Palladium in the IRA - is it still worth looking at?

    R
    Key Takeaways
    • I've been looking at my portfolio lately, and honestly, the palladium side of things has me wondering.
    • Now, seeing how palladium has been performing, I'm second-guessing that decision a bit.
    • It’s been a rough ride compared to gold, which just seems to keep chugging along.
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    I've been looking at my portfolio lately, and honestly, the palladium side of things has me wondering. I started with my gold IRA a few years back, maybe like 2018 or so, primarily to supplement my government pension here in Albuquerque – trying to hit that 100k mark for my precious metals by the time I retire, which is still a ways off. Gold and silver were the mainstays, but I threw in a decent chunk into palladium when the prices were doing really well, thinking it was a smart diversification play.

    Now, seeing how palladium has been performing, I'm second-guessing that decision a bit. It’s been a rough ride compared to gold, which just seems to keep chugging along. Part of me thinks it’s just a dip and it’ll eventually rebound because of its industrial uses, especially with the push for greener tech and catalytic converters. But then the other part of me wonders if I should just consolidate more into gold and silver, which feel like safer bets for the long haul in an IRA.

    Anyone else in a similar boat with palladium in their IRA? Are you holding strong, or have you reallocated? I'm curious about the long-term outlook from other investors. Is the risk/reward still there for IRA holdings, especially for someone like myself who's not trying to actively trade, but rather preserve wealth and hedge against inflation?

    I’ve been trying to educate myself more on this, sifting through articles. The Learning Center has some good stuff, but I’m really looking for some anecdotal experiences from folks who’ve actually held palladium for a while. What are your thoughts on its place in a retirement portfolio these days?

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    4 comments

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    Best Answer▲ 8 upvotes
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    frank_rivera💎Premium (500k-1m)

    Interesting, I remember palladium having a huge run-up around that time. When you say "the palladium side of things has me wondering," are you mostly concerned about its recent performance compared to when you bought in, or more about its long-term prospects given current market conditions?

    Comments (4)

    7
    thomas_walker🏆Advanced (250-500k)Real Investor✓ Verifiedabout 2 months ago

    Dude, I hear you on the palladium. I actually made a similar move a few years ago, not with a pension but just diversifying my retirement stuff. Got into palladium around 2019, thinking it was the next big thing. Definitely seen some ups and downs since then. It's made me seriously re-evaluate how much I want in it now.

    8
    frank_rivera💎Premium (500k-1m)Real Investorabout 2 months ago

    Interesting, I remember palladium having a huge run-up around that time. When you say "the palladium side of things has me wondering," are you mostly concerned about its recent performance compared to when you bought in, or more about its long-term prospects given current market conditions?

    1
    paul_hill🏆Advanced (250-500k)Real Investor✓ Verifiedabout 2 months ago

    Honestly, I'm not sure if palladium is still the star player it once was for IRAs. I totally get the appeal back in 2018, its run-up was incredible. But these days, with the EV market growing and platinum being a more affordable alternative for industrial uses, I'm leaning more towards a traditional gold and silver split if I were getting into a precious metals IRA today. Just my two cents, but the future of palladium seems a bit more uncertain than it used to be.

    2
    carol_carter💰Established (100-250k)Real Investorabout 2 months ago

    Hey, interesting question! Palladium has definitely had a wild ride. While it can be a good diversifier, it's also true that it's seen some pretty big swings. One thing often overlooked is the bid-ask spread on physical palladium. It can be wider than for gold or silver, so make sure you factor that in if you're buying or selling. Good luck!

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