% of wealth

[SilverStacker]

What % of your wealth, available wealth, do you think you should keep in PMs. This is wealth you have access to regardless of taxes and penalty? What % would you consider the sweet spot. Also what % of gold to silver would you think wise of you physical PMs ? Or platinum if you like ?

Also about 30 years ago I decided no mas am I going to carry over money on those juice loan credit cards. Ever since I have found I always have money in my pocket instead of living month to month. I'm not a wealthy man, just a poor retired public servent, but I am trying to keep 10% of it at least in gold and silver. Is 10% the sweet spot ? Also what little gold I own makes up almost 1/2 my PMs. That ratio is skewed no ? I got into this late so do you recommend buying more silver ?

I have a weakness for impulse buying numismatics.

 

[searcher]

Interesting take here

How Much Gold And Silver Do You Need? (Calculation Breakdown)

Jan 11, 2025

listen at 1.5x

How Much Gold And Silver Do You Need? (Calculation Breakdown)​

20

• Goldhedge

• 

and here

That's it...I'm done with Gold and Silver

Oct 30, 2022

Reached my goal for AU and AG. No real deals out there, and I just can't justify the premiums anymore. I'm gonna have a LOT of cash, but that makes me nervous too. I'm debating getting into platinum or palladium. I had some back in the day (circa 2008- 2015) when I last stacked but had to liquidate. What do you fine folks think? Percentage-wise, what are the premiums? I'd only buy 1 oz stuff. No fractionals as the premiums would take the fun out of it I think???

• Barrettone
• gold palladium platinum silver
• Replies: 66
• Forum: PM Bug

• 

My personal opinion.......do you own thing

 

[nickndfl]

What other assets did you invest in? I would stay away from anything interest rate sensitive unless it throws off a good income rate of return. Gold just recently became the best performing asset over many decades, but sometimes those tech stocks go to the moon as long as you know when to buy and sell.

I like 25% in PMs, but am in the process of divesting real estate which will increase that number.

 

[SilverStacker]

I have a deferred account that leans on the conservative side yet still gives me an almost 13% ROR yearly.

My PM money I try to keep with using my play money or the money I'd normally keep in a bank account making little or no interest. Or a low interest Money Market or dividend account which at best is probably 3% to 4% right now.

The older I get the more I like running my hands over metal. Believe me Ive been tempted to take $100,000 k out and buy a bunch of gold but Ive held myself back and keep my PM at about 10% of my non-real estate wealth. For that matter Ive been tempted to go out and buy a new Chevy Corvette.

But the thing about getting old is the toys you used to never hesitate buying when young you just dont want to bother with when you get old because it takes to much effort. Like for instance fishing and hunting, my two greatest passions in life. I sold my boat and quit hunting because my knees are shot and I'm to old and fat so I'd rather sit at home and play with my gold and silver.

I'm not wealthy but I got the cash to still do all these things, I just dont want to do them. Like buying that '66 Mustang I always said I'd buy. $30 K and you have to go thru the trouble of washing and waxing it and then driving it on Sunday and now I hate to drive cause my eyes are shot, my knees are shot, my arse is big, and I gots to pee all the time.

33 years as a street cop. 4 years an MP. MVP Offensive line for years. You young guys believe what I say when I say its coming.

So buy gold. Buy silver. The buck ain't worth a damn no more.

 

[pmbug]

"golden years".

 

[searcher]

^^^^^