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IRA can hold more than just stock.
Typically when people think of an IRA or what you can hold in an IRA, they think of stocks, bonds, mutual funds, CDs, maybe even money markets. What a lot of people don’t know is that there are other things that you can hold in your IRA other than the usual suspects. Some of the things that people would like to hold in an IRA but they can’t are insurance policies, certain collectibles such as art, antiques, metals, rugs, gems, stamps, coins, or even maybe alcoholic beverages such as wines. Please see IRS Pub 590 for more information on what collectibles can’t be held into an IRA. Unfortunately, none of those can be held in an IRA. On the bright side here are eight things that can be held in your IRA.
1. Certain gold and silver coins minted by the US treasury.
These include the Gold Eagle and Silver Eagle Coins. You may also vest into high quality gold, silver, or platinum and palladium bouillon
2. Stock from an initial public offering.
Most are familiar with the letters “IPO“. If a company has never issued equity before, it would be considered an IPO. Since it’s an entirely new issue, there are certainly more risks involved. […]
