Are you worried about the stability of your retirement savings? With stock market volatility and rising inflation, many are turning to alternative investments like precious metal IRAs. But are they really the golden ticket to a secure financial future? Listen to this episode of the Ask Ralph podcast, where host Ralph Estep Jr. dives into the world of precious metal IRAs, addressing the allure and potential pitfalls of investing your retirement funds in gold, silver, and other precious metals. Ralph breaks down the pros and cons of precious metal IRAs, offering insights on portfolio diversification, inflation hedging, and the risks of putting too much faith in these tangible assets. He also provides practical advice on how to set up a precious metal IRA and warns listeners about red flags to watch out for when dealing with custodians and dealers.
https://www.askralphpodcast.com/
00:00 Episode Overview
00:48 Recap And Show Announcements
01:18 Bible Verse
02:13 What in the world is a precious metal IRA?
03:08 Pros of Precious Metal IRA
03:49 Cons of Precious Metal IRA
04:49 How do you actually invest in Precious Metal IRA?
05:51 How to avoid scams?
07:39 Episode Recap
08:12 Outro
