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Suzanne's avatar

Thank you for all your info. I have a Mutual Fund, not much, I talked to my financial advisor about putting it in precious metals, but he didn't think at the time that it would be better for me. I never had a job that offered 401k's or pension. And now im 62 and haven't been able to work because of a back fusion after getting hit in a parki g lot in 2019. So I pray alot, we have been buying silver when we can. We trust God with it all, He hasnt let us down yet.

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Siobhan Justin's avatar

What's the best strategy to move from an annuity to purchasing precious metals? I've heard that one would first transfer it to an IRA and then to a precious metals 401K. But what if I just want to buy the metals and not put them into a 401K? Do I open an account to put the annutiy funds in and then purchase the precious metals from that account? I don't have a clue about which bank to trust to park the money in or which company to purchase the precious metals from or even which company to use to store the metals. This might be a bit much to answer, but honestly I'm stuck.

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