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<p>[QUOTE="Gam3rBlake, post: 7345469, member: 115909"]It may not be a rule but it’s the advice I follow.</p><p><br /></p><p>My financial advisor knows I’ve maxed out my IRA and had some money left over from an inheritance and he explained a bunch of different options.</p><p><br /></p><p>I like PMs because historically they’ve tended to match inflation and maintain purchasing power.</p><p><br /></p><p>But I don’t put everything in PMs because I want growth too. Not just preservation of wealth. That’s why only 10% of my money is in PMs. Maybe 15% if coins count too. But that’s more of a hobby so I don’t count that.</p><p><br /></p><p>So even if gold & silver both dropped to $0.50/oz I would still be okay since most of my money is in stocks anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 7345469, member: 115909"]It may not be a rule but it’s the advice I follow. My financial advisor knows I’ve maxed out my IRA and had some money left over from an inheritance and he explained a bunch of different options. I like PMs because historically they’ve tended to match inflation and maintain purchasing power. But I don’t put everything in PMs because I want growth too. Not just preservation of wealth. That’s why only 10% of my money is in PMs. Maybe 15% if coins count too. But that’s more of a hobby so I don’t count that. So even if gold & silver both dropped to $0.50/oz I would still be okay since most of my money is in stocks anyway.[/QUOTE]
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