Transfer Roth IRA to one backed by metals

McChronagle

Member
Joined
Jun 11, 2011
Messages
327
I've had a roth ira with american funds since I was younger and would like to change the fund it is in. I see no really good options for me through american funds and want to put it in something backed more by precious metals or foreign stocks/assets instead. It is not a large amount so I'm thinking that may restrict what options I have seeing that some places require a minimum. Does anybody have any advice or experience transfering a roth ira to a different fund focused more on what im looking for while avoiding penalties? I dont know of many reputable places to look at.
 
You can roll it over to a gold broker like swiss america or someone else and put it in gold and silver coins. You could also open an Ira up with someone like sharebuilder and roll it over there into something like the Central Fund of Canada (CEF) or other gold funds/stocks. You need $2500 for sharebulder.
 
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