Hello All,
I (55M) currently max out my company sponsored (partially matched) 401K annually. I am looking to expand my investment strategies during the last 5-7 years of my “corporate work life”. Initially, I was preparing to max out a Roth IRA - wavering on where to actually invest based on current state (thought of leaving it in Fidelity Spaxx until things settle down but was also considering a target retirement fund). I have pivoted to considering a gold investment. Seems like a year ago you could pick up Pamp 1 oz. Gold Eagle bars at Costco for $1,999. Now, they are going for $3,400. I know Gold has spiked over the last few months - just wondering your thoughts on $7,000 invested in a Roth IRA fund vs. a couple of Pamp 1 oz. Gold Eagle bars. I guess the question is will the gold bars have a better opportunity to outgrow a fund in value over the next 5-7 years based on current value? Obviously, wouldn’t mind doing both - but interested in one vs the other from an initial position. Your thoughts? Thank you all!