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<p>[QUOTE="Clawcoins, post: 4027651, member: 77814"]The first question you have to ask yourself is why you are buying PMs?</p><p>Is that to simply diversify?</p><p>Do you have *any* desire to buy low/sell high mentality because selling would just lower that %.</p><p><br /></p><p>I think 5-10% if your net worth is low.</p><p><br /></p><p>As your net worth increases it seems impossible to keep up with that depending upon how your net worth increases. If you Net Worth increasing as your house valuation is increasing ... retirement acct ... if cash flow isn't increasing you may not have the means to increase your %.</p><p><br /></p><p>If your net worth decreases does that mean you should sell your PMs ?</p><p><br /></p><p>My PM % is now less than 5% and I have no desire to increase it at this time.</p><p>If PM prices drop below $1300/$13 I'll consider doing something. Until then, well I sold off to capture the gains. You know .. buy low, sell high. If you don't just "hoard" then that % will vary based upon your buy/sell patterns if that is your objective.</p><p><br /></p><p>Buy what you feel comfortable with. Hold what you feel comfortable holding.</p><p><br /></p><p>At some point you may ask yourself "why" you have such a level.</p><p>What is it doing to help put food on the table either now or in retirement.</p><p><br /></p><p>But here is something interesting. If you use it to counteract any future political, market upheavel, etc. Then you have to look back and see if you invested that $$ into something else like a S&P index fund, what gains did you avoid. If if there was a market crash at some point, were those gains in the index fund still above the current position of the PM (using total cost of ownership). If you bought gold in 2012 vs S&P index .... where would it be today? It's all one of those cherry picking conversations.</p><p><br /></p><p>Also, avoid bullion dealer conversations about this as they generally have a bias. They'll even tell you to go 15% if you are at 10% (I had that conversation once lol)[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 4027651, member: 77814"]The first question you have to ask yourself is why you are buying PMs? Is that to simply diversify? Do you have *any* desire to buy low/sell high mentality because selling would just lower that %. I think 5-10% if your net worth is low. As your net worth increases it seems impossible to keep up with that depending upon how your net worth increases. If you Net Worth increasing as your house valuation is increasing ... retirement acct ... if cash flow isn't increasing you may not have the means to increase your %. If your net worth decreases does that mean you should sell your PMs ? My PM % is now less than 5% and I have no desire to increase it at this time. If PM prices drop below $1300/$13 I'll consider doing something. Until then, well I sold off to capture the gains. You know .. buy low, sell high. If you don't just "hoard" then that % will vary based upon your buy/sell patterns if that is your objective. Buy what you feel comfortable with. Hold what you feel comfortable holding. At some point you may ask yourself "why" you have such a level. What is it doing to help put food on the table either now or in retirement. But here is something interesting. If you use it to counteract any future political, market upheavel, etc. Then you have to look back and see if you invested that $$ into something else like a S&P index fund, what gains did you avoid. If if there was a market crash at some point, were those gains in the index fund still above the current position of the PM (using total cost of ownership). If you bought gold in 2012 vs S&P index .... where would it be today? It's all one of those cherry picking conversations. Also, avoid bullion dealer conversations about this as they generally have a bias. They'll even tell you to go 15% if you are at 10% (I had that conversation once lol)[/QUOTE]
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