Platinum in a Gold IRA? Thinking about adding to my rollover, but metals are new to me.

Carol Carter

Back to forum

🔄 Rollover

Platinum in a Gold IRA? Thinking about adding to my rollover, but metals are new to me.

carol_carter💰Established (100-250k)

about 1 hour ago

Key Takeaways

•Okay, so I've been seeing a lot of chatter lately about platinum potentially being undervalued, and it's got me thinking about my Gold IRA.
•I'm not looking to go crazy, maybe another 5-10% of the metals portion.
•I like the idea of holding something physical that's used in industrial applications, not just jewelry or investment.

See what your 401(k) could look like in gold

Okay, so I've been seeing a lot of chatter lately about platinum potentially being undervalued, and it's got me thinking about my Gold IRA. I rolled over about $150k from a old 401k into a self-directed IRA last year, and put a decent chunk into physical gold and silver – mostly American Gold Eagles and some Silver Eagles. It felt like a solid, diversified move, especially since my other retirement accounts (a Roth and another 401k) are pretty traditional with stocks and bonds. I'm an insurance agent here in Omaha, and honestly, the thought of having some tangible assets outside the traditional market really appeals to me for stability.

My metals allocation is probably around 15% of that IRA right now, and I'm wondering if this is a good time to consider adding some platinum to the mix. I'm not looking to go crazy, maybe another 5-10% of the metals portion. I like the idea of holding something physical that's used in industrial applications, not just jewelry or investment. Plus, the price difference between gold and platinum right now is pretty significant. It feels like there's more upside potential, but then again, that's what everyone says when something is "undervalued," right?

For those of you with more experience in precious metals beyond just gold and silver, what are your thoughts on platinum right now, especially for an IRA? Is it really as undervalued as some analysts are making it out to be, or is there a reason it's lagging? Are there specific types of platinum coins or bars that are better for an IRA? Any gotchas I should be aware of besides the obvious volatility?

Thanks in advance for any insights – trying to make smart moves with this rollover money.

3 comments

The retirement loophole most advisors won't mention

You can move your 401(k) into physical gold — tax-free. Here's the step-by-step guide.

Under $100k? Compare options →

91 people viewed this today11 members requested a free kit this week17 investors bookmarked this

Best Answer▲ 4 upvotes

donald_nelson💎Premium (500k-1m)

Hey, totally get where you're coming from! I actually did something similar a few years back. Rolled over an old 401k and went heavy on gold and some silver, but then started looking at platinum after seeing some analyses about its industrial demand. It's definitely an interesting one to learn about. Good luck with your research!

Comments (3)

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

Hey, that's an interesting thought with the platinum! You mentioned mostly American Gold Eagles for your gold. Did you go with American Silver Eagles for the silver too, or did you diversify with other types of silver coins/bars?

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

Hey, cool you're looking into diversifying! Platinum can be interesting, but have you looked into palladium at all? I know platinum gets the buzz sometimes, but palladium has seen some pretty wild swings and could be something to consider if you're really looking for a different kind of volatility in your metals.

Just food for thought, especially since you're new to the metals game. Might be worth checking out some historical charts for both before making any moves!

12,000+ investors requested this guide last month

Find out why retirees are moving savings into gold. Free kit, no obligation.

Under $100k? Compare options →