Thinking about rebalancing my Palladium IRA - thoughts?

Dude, I'm right there with you. Had a similar "all in" moment with platinum a few years back, not quite 20% but still a significant chunk. It did great for a while, but then that plateau hit and I started wondering if I'd missed the boat on diversification. No easy answers, but definitely empathize with the rebalance itch!

Interesting! It definitely made sense to go heavy on palladium a few years ago. You mentioned it's been "good to you" - are we talking significant gains here, or more like steady, reliable growth that's outperformed other assets?

Interesting take. While palladium has definitely had a good run, 20% seems like a pretty concentrated bet, even for a metal with strong industrial demand. Given the volatility we've seen in the broader commodities market lately, and the push towards EVs which could eventually impact catalytic converter demand, I'd be looking at diversifying a bit more, rather than just rebalancing within palladium itself. Seems like a good time to consider other precious metals or even some equities that are less tied to industrial cycles.

Hey, that's a good problem to have when an asset performs so well! If you're looking to rebalance and potentially diversify some of those gains, you might want to look into the historical correlation between palladium and other precious metals like gold and silver. They don't always move in perfect lockstep, which could offer some nice diversification benefits.

There are some decent resources out there that show these correlations over time, which can be helpful for making informed decisions. I've found sites like Gold.org sometimes have good research papers on this kind of thing, or even financial news outlets that do deep dives into precious metals markets.

Totally get where you're coming from. I did something similar with silver a few years back – felt like it was going to the moon and piled a decent percentage into it. It did great for a bit, but then, you know, gravity. Rebalancing feels like a smart move to lock in some of those gains and diversify a bit. Smart to be thinking strategically.

Reading through the comments here, it's interesting to see the focus on palladium's industrial demand. While that's certainly a strong point for some, as someone who watches precious metals from Salt Lake City, I've always leaned more into gold's long-standing role as a true safe-haven asset. Don't get me wrong, I've seen palladium make some impressive runs, but I just wonder if its cyclical nature tied so closely to auto manufacturing makes it a bit too volatile for a core retirement holding compared to gold. Perhaps rebalancing *into* some gold wouldn't be the worst idea for long-term stability, even if palladium is still doing reasonably well.