I have a smallish 401k (actually a 401a) from a previous employer that I've neglected to do anything about.. it's less than $10k. I submitted an app to Europac a couple of weeks ago and got a call from them about setting up an account but they haven't set the account up. I tried to make it clear that while the 401k I have to rollover is small I'll be adding additional cash to grow the account. Ah well. They apparently don't need my business.
So I'm looking into setting up an account with some other place that will allow me to direct the funds of an IRA into gold/silver and also standard equities and mutual funds. I do have IRAs set up and other retirement investments, so this would just be an element towards diversification. I'm not putting all of my eggs into this basket.
What I've found is that
Sterling Trust will handle a rollover into an IRA then... those funds can be used through
Bullion Direct to buy/sell metals on their exchange and the physical metal would be stored there at BD.
Has anyone tried this? Is there a better route? Would it make more sense to just roll it into an online brokerage account and buy GLD, SLV, etc from that account?
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