I am now above the age 59 1/2, so I can move my 401K without any early withdraw fees.
Trump's EO opens up options for 401K investments into alternative assets which goes live in February 2026. I think the precious metals market is going to skyrocket after that, so I wanted to get in before February.
Alternative assets typically include:
Private Equity & Venture Capital: Investing in private companies or startups not listed on public exchanges.
Hedge Funds: Pooled funds that use complex strategies to seek high returns.
Real Estate: Direct property ownership or real estate investment trusts (REITs).
Commodities: Physical goods like gold, oil, or agricultural products.
Cryptocurrency: Digital assets like Bitcoin or Ethereum.
Collectibles: Art, antiques, rare coins, vintage wine—anything with value based on rarity or demand.
Managed Futures & Derivatives: Contracts based on the future price of assets, often used for hedging or speculation.
I am thinking about investing in silver. Silver has been shorted and is undervalued, seems like it would have the bigger potential for growth over gold, I could be wrong.
I asked Copilot to give me a list of custodians for investing in precious metals and it gave me the list below.
Hell, maybe I should cash it out, pay the taxes, buy physical and bury it in the backyard, lol.
What are the chances Trump ends taxes on 401K withdraws?
Anyway, I'm getting off topic. Here are suggestions copilot gave me.
Augusta Precious Metals
Goldco
American Hartford Gold
Birch Gold Group
Patriot Gold Group
Noble Gold Investments
Orion Metal Exchange
I do not know what percent each of these custodian's charge over spot price or if they have any storage fees associated. Was kinda hoping someone here has already done that sorta research and could point me in the right direction.
Is there any trustworthy investment guides out there that gives the listed fees for each of these custodians?
Any available data you can provide will be greatly appreciated!!
Thank You and Have a Good Day!!
You can cash some out with no penalties, so if you have a save storage place,I would buy some physical silver. You can also buy physical and store it in a box at your credit union,mine is only 35 a year.
I would cash out and buy physical, just don't want to pay the taxes. Figured if I transferred it to a precious metal IRA I would have 10-15% more building wealth.
I don't have a 401k so I haven't done this sort of research. Getting it into precious metals is a great idea though. I've bought silver and gold from sd bullion before and they have an IRA button on their website. i would look into their options I know they sell real metal at a good price.
Thank you, I will check into that.
Another suggestion:
Kirk Elliott Precious Metals https://www.kepm.com/
Yes, a coworker uses Elliot. I'm not sure why but for whatever reason I don't trust him. He is on "And We Know" frequently. Seems like he is trying too hard to sell it.
I know he charges 8% up front but there are no fees when you cash out. He also wants to take a portion of your investment and convert it to gold occasionally but it is your choice if you want to leave it in silver, you just have to make that known.
I was a 'metal' investor and this 'claim' has been going on for many (50) years. I now Invest in Bullets and Guns, because the metals market is FIXED like the 2020 election.
It was fixed now gold is at 3500 and silver at 39.
My point is the average citizen has no chance of making money in the Metals market.
Im way ahead and so are most people. We are pretty much at all time highs.
But it has been suppressed for many years.
Yeah. Real money going up with inflation. But yeah, silver is waaaaaay undervalued due to paper selling. They told me to buy metals and something called “bitcoin” during my Ron Paul for President years. Had 100 dollars worth in my cart but questioned the security of the wallet. Bitcoin was 3 dollars and change. Bought more silver instead.
Its a much better savings account for the average person, than a bank is. I am sitting pretty right now because of my bullion, much better than if I had easy access to savings in my credit union. I keep some in there, but my savings are all in silver, will be able to pay off the house soon. When the money is in regular currency, it is reported after 10k, plus, it is just so easy to transfer from savings to checking. With silver in the safe at home, I would have to go through driving to the coin dealer, miles and miles away. Too much trouble, this way it stays put and adds on. Maybe for someone who has more sophisticated investing, but it works for my little peasant homestead. I have a whole lot of security this way.
I have no doute that metals are a good savings. My statement is still true about the Spot $$$$$$$$$$$$ being 'controlled' and fixed.
And that gold to silver cost ratio is 89. Historically the ratio is 15 which at the current gold price would put silver at 233.
I bought silver 20 years ago both physical and electronic (slv). Going forward I will be selling slv and buying silver mining stocks.
We have not had anyone at the SEC prosecuting the people shorting silver. I think that changed recently.
Why not just buy real gold? I had an old man friend tell me to buy one ounce a month or so when I'm young. Then I could cash them out as needed when I'm old. Made sense for him. I'm not there.
I would buy the real thing. And I did after I got a stock inheritance from my parents when BO was in office. I took it all out and bought a number of uncirculated gold coins (investment quality) and and a bag of junk silver coins.
All stored in a home bank in case the SHTF.
Nobel Gold gets pimped a lot.
I don't, I've never really done anything with a retirement account. A number of years ago working at a nonprof in DC I actually started. I had about $3500, after talking to a rep I cashed it out and bought physical silver.
If you are in or near Florida, I can meet with you and hook you up with as much silver or gold bullion as you like. I can match or beat any online price. Nationwide shipping is an option with a wire transfer payment. Credit card orders are also an option, but do carry a fee.
All sales are private and confidential.
My personal recommendation is to start with 20ozt rolls of generic 1ozt silver rounds and silver bars. 10ozt or smaller bars are easier to liquidate if you do decide to sell.
At some point, storage becomes an issue and you may wish to include gold in your portfolio. My preference is pre-1933 Gold Double Eagles, although I can also get 1ozt fine gold as well.
No hype, no subscriptions or convoluted schemes. Just authentic, tested gold and silver from my hands to yours. I will match or beat any advertised price from a legitimate dealer.
I also buy and have access to funds to buy large collections.