Rebalancing - Moving some stock to gold

Timothy Reed

Back to forum

🏢 Gold Companies

Rebalancing - Moving some stock to gold

timothy_reed💎Premium (500k-1m)

about 2 months ago

Key Takeaways

•Thinking about rebalancing my portfolio a bit and figured this would be a good place to toss the question out there.
•Got somewhere around 800k in my IRA, mostly in what I’d call pretty safe, traditional stocks.
•But with all the talk about inflation and the economy feeling a bit wobbly, I'm seriously considering moving about 10-15% of that into a Gold IRA.

The 3-step rollover process explained

Thinking about rebalancing my portfolio a bit and figured this would be a good place to toss the question out there. Been in the dairy business my whole life here in Wisconsin, seen a few ups and downs, but this last year or so has me really thinking about protecting what I’ve built. Got somewhere around 800k in my IRA, mostly in what I’d call pretty safe, traditional stocks. But with all the talk about inflation and the economy feeling a bit wobbly, I'm seriously considering moving about 10-15% of that into a Gold IRA.

My main concern is the tax hit, obviously. I know it’s not as simple as just cashing out and buying gold. I’m trying to figure out the best way to do a rollover without getting hammered. Has anyone here done a significant transfer from stocks to physical gold within their retirement account recently? What kind of hoops did you have to jump through? I'm not looking to completely abandon stocks, but I feel like having that physical asset gives me a little more peace of mind, especially with election year coming up.

I was looking at this Tax Calculator tool for figuring out the tax implications, but hearing from folks who've actually gone through it would be invaluable. Any insights on reputable custodians, specific types of gold to consider (coins vs. bars for an IRA), or even just general advice on timing such a move would be greatly appreciated. Just want to make sure I'm thinking about this from all angles before pulling the trigger.

221

3 comments

The biggest mistake retirees make with their 401(k)

Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

Under $100k? Compare options →

726 people viewed this today95 members requested a free kit this week143 investors bookmarked this

Best Answer▲ 8 upvotes

nancy_hall💰Established (100-250k)

Hey, I hear you on that! I'm in a similar boat, though not dairy. I used to be all-in on tech stocks, thinking they were invincible, but after a couple of major dips, I started looking for something more stable. Decided to move a chunk of my portfolio into gold last year and honestly, the peace of mind alone has been worth it. Still got some skin in the game with stocks, but having that gold buffer feels good in these uncertain times.

Comments (3)

nancy_hall💰Established (100-250k)Real Investor•about 2 months ago

joyce_cooper📊Growing (50-100k)✓ Verified•about 2 months ago

Hey, that's interesting about the dairy business. I'm curious, when you say "rebalancing," are you looking at a specific percentage you want to move into gold, or are you just exploring the idea broadly right now?

catherine_bell🏆Advanced (250-500k)Real Investor•about 2 months ago

Hey, I hear you on wanting to protect what you've built, especially with the way things have been. Gold definitely has its place for stability. However, I'd also caution against putting too much into one basket, even a shiny one. Have you looked into other options that might offer a different kind of hedge, maybe some real estate or even just diversifying within different sectors of the market? It's all about what makes sense for your personal risk tolerance and long-term goals.

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 →