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Thanks James, one of the best guide I found on the subject. Do you think gold is gonna continue to go up with the war in ukraine? I’m also tempted to invest in other metals, silver is probably the second investment I’ll make. ANyway, great stuff thanks again.
Hey Stephen, thanks. Unfortunately, I can’t tell you if the price of gold will go up or down, nobody can. I think long term and I diversify as much as I can. I went the self-directed IRA route because I want to be in control of what I invest in, I definitely have some silver and I think it’s undervalued. None of this is financial advice of course, you must do your own research.
Can I invest in precious metals using my existing IRA?
Yes, you can, it’s called a rollover and most gold IRA companies will assist you in the process. You can rollover a Roth or traditional IRA, a 401(k) or any type of retirement plan. It means you transfer the funds from your existing IRA to your new self-directed gold IRA account. If done right, it’s penalty-free.
I disagree. I believe Augusta Precious Metals is a superior gold IRA company compared to Goldco. They have a strong reputation in the industry and offer several advantages.
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