What percentage of your savings/retirement/investments in PM's

Another "boiler plate" blanket recommendation based on average theory and recommendations by the "professionals" for the "amateurs" to follow.

The same folks that say your money should all be in a 401k where they can decide when and how you make money - or lose it.

The guy above me has a business he runs that involves the stuff, so his retirement plan is different.

Any plan should reflect your goals and desires, and should be made with education and forethought. Not a blanket number.

The blanket number is an average result based on past history. It is not necessarily a recommendation for the future.

 

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Yes, it is a long term average of a lot of financial planner advice. However, mathematically it is important. PM exposure at this level helps reduce risk in a portfolio for most modern history. Anything higher actually increases risk and decreases potential yield under most market situations.

There are market situations which would call for much higher or most lower pm exposure. If we are in one of those today or not is of course a matter of diaagreement.

Always remember how much money was made running up to 2013, then how much was lost. Its a very volatile market segment.

 

I consider my coins and bullion separate from my retirement and investments which I try to max out based on what my company will match and what lines up with my long term goals. I try to keep my collection spending at a ratio of no more than 10% of the money I put into savings. If my savings take a hit for whatever reason I hold off on getting more coins until my savings are back to my target level. This doesn't include the coins I get as gifts only the coins I spend money on relative to the money I put away for savings.

 

If I can't take it with me, I ain't going.

 

Howdy,

I think everyone should have somewhere between 3-10% in precious metals - whatever helps you sleep at night. When my grandsons were young they had 'bed buddies'. Same thing. A greater percent than this is speculation. Speculation is fine, but understand that's what you're doing and that there are times when it's good and times when it's not.

As for your wealth, I once read a quote from the Elder Baron Rothschild that to protect your wealth from bad times, you should have 1/3 in securities, 1/3 in real estate, and 1/3 in rare art. [define rare art as you may but it ain't Beanie Babies].

Run your numbers for giggles. Most folks will be shocked.

and so it goes,

peace,

rono

 

Yeah don't be fooled. What Rothschild failed to mention was beyond the BS he was selling is that his wealth is protected with gold and silver. Lots of gold and silver. All the filthy rich folks are sitting on probably 60-70% of their net worth in PM's. PM's have the EROI already factored in them which makes it one of the best investments out there. Stocks, securities, IRA's etc. ,etc. were fine 30-40 years ago but times have changed and people still regurgitate the same old investment strategies which in 2008 where proven wrong, very wrong. The guy on the previous page who simply stated 60%, yeah, he's got it right...

 

2008 didn't prove anything wrong. that was when you buy stock.

 

Thanks for proving my point...
https://srsroccoreport.com/market-i...ors-flock-into-the-biggest-bubble-in-history/

 

by the same token scared people sold for pennies on the dollar. no one made them do it, but that's how other people get rich.

 

no dumber than when lots of people got scared and drove gold prices up and they kept buying

 

Good Point Fry Daddy,

My silver and gold bullion I wind up with will go to my kids. All are under the age of 18 but they already know what silver and gold bullion is, they can ID any of the US or world bullion coins out there, tell you about pre-65 junk silver coins and also know where to find spot prices for PM's and how much to sell any coin or piece for. This is a must for anyone here planning on leaving any amount of PM's coins bars or rounds to your children.

 

So True B-Man. Nothing beats knowledge and education.

 

on a public forum?
officially .. 0%, and it's all in an empty SDB

 

[Citation needed]

This sounds like empty conspiracy-theorizing to me.

 

I doubt it too.
Rich people like large real estate holdings, stocks/bonds. They like "owning companies".
Look at Buffets' distribution as that is public.
Or any politician as most are rich and their records are mostly public, except for the few that don't release anything but you can estimate based on visual holdings.

 

too late they already know...hoohoohahaha