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To: Robert DeLong
For those with IRAs, you can rollover a portion of it into what is called a Gold IRA. Within a Gold IRA, you can allocate your holdings in silver as well as gold.

Make sure it's a certified Gold IRA however so you don't get taken advantage of conmen. There are strict rules surrounding Gold IRAs and typically your gold and silver are stored at a depository.

A couple years back, I moved about 20% of my total retirement savings into a Gold IRA. Now I'm thinking I probably should have done it at a higher percentage. But my index funds have been doing well also.

4 posted on 12/08/2023 8:51:43 AM PST by SamAdams76 (6,508,933 Truth | 87,456,907 Twitter)
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To: SamAdams76

“certified Gold IRA however so you don’t get taken advantage of conmen. There are strict rules surrounding Gold IRAs and typically your gold and silver are stored at a depository.”

It you can’t touch it you don’t own it.

(Personally I don’t have any gold—but “safe” and “certified” depositories would give me zero comfort.)


5 posted on 12/08/2023 8:55:57 AM PST by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
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To: SamAdams76

bookmark (certified gold ira)


6 posted on 12/08/2023 8:59:33 AM PST by SteveH
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To: SamAdams76

That is true, but I have reservations about not being physically in possession of the gold.


11 posted on 12/08/2023 9:16:57 AM PST by Robert DeLong
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