What are the benefits of including physical gold in an IRA or 401K?
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I can come up with many reasons not to:
Benefits Of Physical Gold, over time, keeps pace with inflation. That’s nice, if the IRA belongs to a well-off retired person. Benefits Of Physical Gold But if you plan on living for another 30–60 years, you need to outperform inflation.
It’s usually performs well in times of political and financial upheaval. Which is a perfectly fine reason to buy gold ETFs, or a precious metals fund or gold mining companies.
Holding physical gold in an IRA is expensive. You need a special custodian, and they cost more. Holding physical gold in a 401k—I question whether it can even be done—would be even more costly and a potential liability snakepit.
What’s the point of owning Benefits Of Physical Gold at all—at added expense—if you can’t put it in your own safe or bury it in your own back yard? If you’re going to pay someone to hold it, an ETF is much more cost efficient.