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<p>[QUOTE="Rono, post: 1146699, member: 6492"]Howdy,</p><p> </p><p>I'm curious about this same question but would like permission to change the way it's asked. </p><p> </p><p>QUESTION:</p><p> </p><p>What percentage of your wealth is in gold and silver in one form or another? No dollar amounts - just percentages. </p><p>For example, many financial advisors are now suggesting 3-5%. </p><p> </p><p>We've got about 15% now and I'm working on increading that percentage. What is most sweet, is that the market is helping the process.</p><p> </p><p>Several years back I read a quote from the elder Baron Rothschild that in order to be most prepared for whatever might happen, you should have 1/3 of your wealth in securities, 1/3 in real estate, and 1/3 in rare art. Please note that he said Wealth and you can substitute whatever for 'rare art'. When I first read this I sat down and ran the numbers for wifey and I and it was 90/8/2. I was ill. I've got it moved to 60/25/15 and hope to improve it further. I'm not worried about reaching 33/33/33 as much as knowing that it's a good guide star for this sort of strategic planning.</p><p> </p><p>Just some ramblings while watching Butler and the Huskies.</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1146699, member: 6492"]Howdy, I'm curious about this same question but would like permission to change the way it's asked. QUESTION: What percentage of your wealth is in gold and silver in one form or another? No dollar amounts - just percentages. For example, many financial advisors are now suggesting 3-5%. We've got about 15% now and I'm working on increading that percentage. What is most sweet, is that the market is helping the process. Several years back I read a quote from the elder Baron Rothschild that in order to be most prepared for whatever might happen, you should have 1/3 of your wealth in securities, 1/3 in real estate, and 1/3 in rare art. Please note that he said Wealth and you can substitute whatever for 'rare art'. When I first read this I sat down and ran the numbers for wifey and I and it was 90/8/2. I was ill. I've got it moved to 60/25/15 and hope to improve it further. I'm not worried about reaching 33/33/33 as much as knowing that it's a good guide star for this sort of strategic planning. Just some ramblings while watching Butler and the Huskies. peace, rono[/QUOTE]
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