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    💠 Palladium IRA

    Seriously considering adding Palladium to my metals portfolio this year.

    B
    brian_edwards🌟Ultra (5m+)
    about 2 months ago
    Key Takeaways
    • Been noticing a lot of chatter lately, obviously, about the market and where things are headed.
    • Best decision I made that decade, honestly.
    • That initial $750k I rolled over is easily pushing $2.5M today, and that's not even counting the private placements in mining operations I got into.
    Download the free rollover checklist

    Been noticing a lot of chatter lately, obviously, about the market and where things are headed. For my part, I've had a significant chunk of my portfolio in gold and silver for years – mostly physical held in a vault, but did convert a good 20% of my traditional IRA into a Gold IRA back in '08 after seeing some serious red flags. Best decision I made that decade, honestly. That initial $750k I rolled over is easily pushing $2.5M today, and that's not even counting the private placements in mining operations I got into. Living up here in Aspen, it’s not hard to see people getting hit hard when they don’t diversify beyond silicon valley unicorns or REITs in overvalued markets.

    My core portfolio is obviously much larger, sitting well north of $5M, and a good chunk of that has always been in tangible assets. Think luxury real estate developments, high-end art, and of course, a healthy allocation to precious metals. For a while, I was pretty content with my gold and silver exposure – especially given how well it's protected against inflation and broader market volatility. But palladium has been catching my eye recently. The industrial demand, especially with the EV revolution supposedly around the corner, feels like it could be a massive catalyst.

    I know it's had its ups and downs, but the long-term supply constraints and its critical role in catalytic converters (and likely other future tech) seems compelling. I'm looking at converting another chunk of my older IRA – probably around $500k – into a Palladium IRA. Has anyone here gone this route specifically? What custodians are you using for Palladium IRAs? Are there any hidden fees or specific logistical hurdles compared to a Gold IRA that I should be aware of?

    I'm generally a long-term holder, so daily price fluctuations don't faze me much, but I'm always looking for insights. Any developers out there that have added palladium to their portfolio more recently? What's your outlook on palladium's performance over the next 5-10 years? Always good to hear from folks who've been in the trenches.

    149
    12 comments

    The biggest mistake retirees make with their 401(k)

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    Best Answer▲ 19 upvotes
    T
    timothy_reed💎Premium (500k-1m)
    Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

    Comments (12)

    8
    ronald_morris👑Elite (1m-5m)Real Investorabout 2 months ago

    Totally feel this. I actually did something similar a few years back, though not a full conversion like your Gold IRA. I had some extra cash and, instead of just piling more into gold, decided to diversify with a small amount of palladium. It's been interesting to watch its movements, even if it's not a huge part of my overall metals. Good luck with whatever you decide!

    3
    sandra_green📊Growing (50-100k)✓ Verifiedabout 2 months ago

    Oh that's interesting! You converted a good chunk of your traditional IRA into a Gold IRA back in '08. Did you do a direct rollover or did you have to take a distribution and then deposit it?

    3
    kenneth_parker💎Premium (500k-1m)Real Investor✓ Verifiedabout 2 months ago

    Interesting thought on palladium. While I get the appeal given the industrial demand, I've always been a bit more cautious on it compared to gold and silver for a long-term hold in an IRA. The price movements can be pretty wild, and liquidity isn't always as robust. You'd really need to be on top of the auto industry and manufacturing outlook to feel comfortable with a significant allocation, which feels a bit more like speculation than a core hedge for retirement.

    That said, if you're looking to diversify *within* your precious metals, a small allocation might not hurt, but I wouldn't go all-in unless you've done some serious deep dives into the supply/demand fundamentals beyond just the chatter.

    19
    timothy_reed💎Premium (500k-1m)Real Investorabout 1 month ago

    Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

    18
    kenneth_parker💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    I was pretty skeptical about another gold IRA forum but the tools here on GIRAB actually surprised me — the calculator alone saved me hours of spreadsheet work.

    15
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

    5
    linda_taylor📊Growing (50-100k)✓ Verifiedabout 1 month ago

    I rolled over about $80k last year. Honestly the hardest part was just picking which metals to hold. Still second-guessing myself.

    12
    sandra_green📊Growing (50-100k)✓ Verifiedabout 1 month ago

    Genuinely curious — has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?

    10
    matthew_murphy👑Elite (1m-5m)Real Investorabout 1 month ago

    I rolled over about $80k last year. Honestly the hardest part was just picking which metals to hold. Still second-guessing myself.

    15
    robert_thompson💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    Just started my rollover process last month. The paperwork alone almost made me quit lol.

    12
    carol_carter💰Established (100-250k)Real Investorabout 1 month ago

    My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

    19
    diane_bailey💰Established (100-250k)Real Investorabout 1 month ago

    Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.

    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.

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