Thinking about adding platinum to my IRA - anyone else?

I hear you on the diversification front, but I'd be a bit wary of platinum in an IRA right now. While it has industrial uses, its price can be pretty volatile and heavily tied to the auto industry. Gold and silver feel like more traditional, stable hedges in uncertain times. Not saying it's a bad metal, just maybe not the first one I'd jump to for an IRA.

Hey, that's interesting about platinum. You mentioned you've been "crunching numbers" – I'm curious, what kind of performance are you seeing with platinum compared to gold in the models you're looking at?

Oh man, I hear you! I've been in a similar boat, always looking at ways to diversify, especially with everything feeling so up in the air. I actually dipped my toes into platinum a few years back for my IRA, and honestly, it's been a pretty interesting ride. Not quite the same as gold, but it definitely adds a different flavor to the portfolio. Good luck with your research!

Hey, cool to see you're thinking outside the box for your IRA! Platinum's definitely an interesting one, often overlooked compared to gold and silver. One thing to consider is the industrial demand for platinum – it's used in a lot of catalytic converters and other tech, so its price can be influenced by global manufacturing trends more directly than gold sometimes.

You might find this article on platinum vs. gold for IRAs helpful: https://www.investopedia.com/articles/investing/102914/platinum-vs-gold-which-better-your-ira.asp. Gives a good breakdown of the pros and cons. Good luck with your research!

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

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

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

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

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

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

This mirrors what I've been seeing too. The macro environment right now is making a strong case for physical metals.

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

Interesting take. I've heard the opposite from a few people though — would love to see some actual numbers on this.

I keep going back and forth between gold and silver allocations. The gold-to-silver ratio right now is making silver look attractive.

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.