20 years in, thinking about my silver stack. What's next for IRA holdings?

Donald Nelson

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20 years in, thinking about my silver stack. What's next for IRA holdings?

donald_nelson💎Premium (500k-1m)

about 1 hour ago

Key Takeaways

•Been thinking a lot lately about how my silver stack has evolved.
•I started diving into precious metals back in '04, right before I retired from the plant here in Detroit.
•Always had a bit of a bug for tangible assets, and watching my pension get eroded by various crises just reinforced that feeling.

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Been thinking a lot lately about how my silver stack has evolved. I started diving into precious metals back in '04, right before I retired from the plant here in Detroit. Always had a bit of a bug for tangible assets, and watching my pension get eroded by various crises just reinforced that feeling. I've always skewed heavier into gold, probably around 70% gold, 20% silver, and then a small 10% in platinum/palladium for diversification, mainly in my IRA. Over the years, that silver portion has really added up.

When I started, silver was pretty cheap, and I could pick up rounds and bars hand over fist without thinking twice. Now, with a portfolio teetering between 500k and 1 million, that 20% silver allocation represents a significant chunk. I've heard some talk about silver being a better inflation hedge than gold in certain scenarios, but historically, gold has been my rock. I'm trying to decide if I should maintain that 20% in silver, or maybe scale it back to 10-15% and reallocate to gold, especially with the way the market's been acting lately.

I know this isn't exclusively about IRAs, but a good chunk of my holdings are tucked away there. I've been using that Gold vs Stocks Comparison tool lately, checking the 10-year performance, and it's always an interesting read. It really makes you think about long-term strategy for your entire portfolio, not just the part you can walk out of the bank with. My concern is less about immediate gains and more about preserving purchasing power for the long haul. With all the economic uncertainty, it feels like I should be shoring up my defenses.

So, for those of you who have been in the game for a while, especially with a significant silver stack, what are your thoughts on current allocations? Are you increasing, decreasing, or holding steady on your silver percentage compared to gold, particularly within your IRA? I'm curious about the rationale behind your strategies as we head into what feels like a perpetually volatile financial landscape.

4 comments

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Best Answer▲ 9 upvotes

laura_sanchez💰Established (100-250k)

Man, 20 years is a solid run! That's awesome you got in so early. I started my gold stack around '08 after the crash and it's been interesting to see the ride. Definitely got me thinking about diversifying my IRA beyond just stocks too. I've been eyeing some of the other precious metals options for a while now.

Comments (4)

laura_sanchez💰Established (100-250k)Real Investor✓ Verified•less than a minute ago

thomas_walker🏆Advanced (250-500k)Real Investor✓ Verified•less than a minute ago

Hey, that's a long time in the game! Interesting you started just before retiring. Curious if your initial strategy for silver was different than how you're approaching your IRA holdings now, especially with 20 years under your belt?

charles_lewis💎Premium (500k-1m)Real Investor•less than a minute ago

Sounds like you've been in the game a long time, which is awesome! But just a thought – are you factoring in the spread on silver much? It can be a real killer when you go to sell compared to gold, and after 20 years, that could eat into a fair chunk of your gains. Something to consider if you're looking at what's next for your IRA.

donna_rogers🏆Advanced (250-500k)Real Investor•less than a minute ago

Hey, that's an impressive run with your silver stack! Twenty years is a serious commitment. For traditional IRA holdings, have you looked into a "self-directed IRA" that allows for physical precious metals? A lot of people don't realize that's an option. Getting started can be a bit more involved than a regular IRA, but it opens up the door to holding things like gold and silver within your retirement account. Here's a decent overview if you're curious: Investopedia on Self-Directed IRAs

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