Diversifying a Portfolio with Gold, Silver, Platinum, or Palladium
Contrary to popular belief, you can now hold physical precious metals in your 401(k) or IRA. Many individuals are funding a self-directed IRA with gold, silver, and platinum bullion bars and coins. Diversifying your investment portfolio with precious
metals is a smart way to balance and improve the overall performance of your retirement portfolio.
Regardless of which legal framework you prefer to use as shown in the section below, the process of getting physical precious metals into your 401k or IRA is simple:
Open or create a custodian account (see section below for options)
Fund the account
Buy precious metals from Camino Coin
There are two main ways that individuals can establish and get physical precious metals into a custodian / retirement account (401k or IRA). They are:
Establish a self directed 401k trust or LLC where you are the trustee or owner of the LLC. Fund it from existing 401ks or IRAs. The metal is in YOUR control. There may be annual fees payable to local/state or the federal government.
Once funded, you would simply contact us to buy your precious metals.
Establish a self directed 401k or IRA at an existing self directed custodian. Fund it and buy precious metals. The metal must be stored in an IRA approved depository and there are yearly fees associated with management and storage of your
account. Once funded, fill out the buy direction paperwork with any of the custodians naming Camino Coin as the dealer. Then contact us and we will coordinate with the custodian in selling the metals into your account and sending to the
There are benefits to both methods. It is up to you to decide which suits your needs better. Here are some companies that can help you decide which is better for you.
A company in Southern California (not affiliated with Camino Coin), called My Solo 401k Financial, specializes in helping you set up the legal structure and all the paperwork needed to establish your own 401k or IRA. Fees range from about
$795-$1100. We strongly urge you to review their website and call them to see if this option is right for you. Their contact information is:
Camino Coin has partnered with three large national custodians of self directed 401k / IRAs. Please use the links and contact information below to get more information to see if this option is right for you.