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<p>[QUOTE="Rono, post: 562742, member: 6492"]Howdy,</p><p> </p><p>if $3K is your stash, then $3K is your stash. Fine. I think it's prudent for everyone to have a small percentage of precious metals in their portfolio - just in case of whatever. By small, I'm talking 3-5%. More than that is speculation, which is fine, but be aware that it is speculating.</p><p> </p><p>I think of a small stash like my grandkids stuffed animals which they refer to as their Bed Buddies. My stash is my Bed Buddy.</p><p> </p><p>You want to get as much as possible for the least amount of mark up or premium. You also want to stay with fractional sizes as it's easier to get rid of. I'd start with 90% US silver coinage - dimes, quarters, halves. It's selling about 10 times face value, so for ~$1,000 you could buy $100 worth. Now even though the premium on American Eagles is enormous, they are easy to buy and sell. Maple Leafs and Krugs are cheaper, but might be harder to dispose. Much cheaper are plain vanilla ingots. It's tough but you need to balance fungibility vs. markup. However, a couple of 1 oz. gold eagles would finish your 3 k. and you'd be fine.</p><p> </p><p>just some thoughts,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 562742, member: 6492"]Howdy, if $3K is your stash, then $3K is your stash. Fine. I think it's prudent for everyone to have a small percentage of precious metals in their portfolio - just in case of whatever. By small, I'm talking 3-5%. More than that is speculation, which is fine, but be aware that it is speculating. I think of a small stash like my grandkids stuffed animals which they refer to as their Bed Buddies. My stash is my Bed Buddy. You want to get as much as possible for the least amount of mark up or premium. You also want to stay with fractional sizes as it's easier to get rid of. I'd start with 90% US silver coinage - dimes, quarters, halves. It's selling about 10 times face value, so for ~$1,000 you could buy $100 worth. Now even though the premium on American Eagles is enormous, they are easy to buy and sell. Maple Leafs and Krugs are cheaper, but might be harder to dispose. Much cheaper are plain vanilla ingots. It's tough but you need to balance fungibility vs. markup. However, a couple of 1 oz. gold eagles would finish your 3 k. and you'd be fine. just some thoughts, rono[/QUOTE]
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