Feeling good about my silver holdings, what's next for everyone else?

Jason Morgan

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Feeling good about my silver holdings, what's next for everyone else?

jason_morgan💰Established (100-250k)

about 2 months ago

Key Takeaways

•Been stacking silver for a while now, and honestly, it just feels right, especially with everything going on in the world.
•As a military contractor based out of Jacksonville, security is my bread and butter, and that extends to my investments.
•My portfolio is sitting somewhere between $150k and $200k right now, and a decent chunk of that is in physical silver.

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Been stacking silver for a while now, and honestly, it just feels right, especially with everything going on in the world. As a military contractor based out of Jacksonville, security is my bread and butter, and that extends to my investments. My portfolio is sitting somewhere between $150k and $200k right now, and a decent chunk of that is in physical silver. I've been focusing on 1 oz rounds and bars, mostly American Silver Eagles and some generics from reputable dealers. Started really getting into it around 2020 when things started feeling… unsteady. Never been a huge fan of pure paper assets, and silver just gives me a sense of tangible value, a real hedge against inflation and frankly, any big geopolitical hiccups.

My strategy has been pretty simple: DCA whenever I can, usually a few hundred pre-tax dollars every month. I’m not looking to get rich overnight, more focused on preserving wealth and having a physical asset outside of the traditional financial system. It’s comforting knowing I have something real in my safe. I do think about the tax implications sometimes, especially if I ever decide to offload a significant portion. I found this Tax Calculator tool a while back that’s actually pretty useful for running scenarios and figuring out potential capital gains. It’s good to have that info in the back pocket, even if I don’t plan on selling anytime soon.

I know some people here are all about gold, and I’ve got some of that too, but silver just feels more accessible and still has that industrial demand. I’m curious, for those of you who stack silver, what are your average cost bases looking like these days? And are you holding purely for inflation hedge, or do you have specific price targets in mind? Always interesting to hear other perspectives outside my immediate circle.

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6 comments

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Best Answer▲ 17 upvotes

ronald_morris👑Elite (1m-5m)

Glad to hear you're feeling good about silver. For me, while I appreciate its industrial utility and lower entry point, I've actually been lightening my silver position over the last 18 months, reallocating towards more pure gold exposure. Call me old-fashioned, but silver's price action often feels a bit too coupled with the broader industrial cycles and speculation for my comfort in a retirement vehicle like an IRA. I prefer gold's cleaner, more direct role as a monetary metal and geopolitical hedge, especially with the current global instability.

Comments (6)

elizabeth_johnson💰Established (100-250k)Real Investor✓ Verified•about 2 months ago

Completely get the feeling! I've been a contractor too, though stateside, and that need for security definitely colored my investment strategy. For me, it was gold that just *clicked* as a safe haven. It's wild how personal that "right" feeling can be with precious metals.

margaret_chen🏆Advanced (250-500k)Real Investor•about 2 months ago

That's awesome you're feeling good about your silver, especially with everything so volatile these days. I'm curious, when you say "everything going on in the world," are you referring to specific economic indicators or more general geopolitical concerns?

steven_mitchell🏆Advanced (250-500k)Real Investor✓ Verified•about 2 months ago

That's awesome you're feeling good about your silver, and it definitely has its place. But with a portfolio that size, have you considered diversifying a bit more into gold? I know silver has that "everyman's metal" feel, but gold really shines (pun intended) when you're looking at protecting serious wealth, especially given the current global climate. Just a thought!

ronald_morris👑Elite (1m-5m)Real Investor•about 2 months ago

Glad to hear you're feeling good about silver. For me, while I appreciate its industrial utility and lower entry point, I've actually been lightening my silver position over the last 18 months, reallocating towards more pure gold exposure. Call me old-fashioned, but silver's price action often feels a bit too coupled with the broader industrial cycles and speculation for my comfort in a *retirement vehicle* like an IRA. I prefer gold's cleaner, more direct role as a monetary metal and geopolitical hedge, especially with the current global instability.

sandra_green📊Growing (50-100k)✓ Verified•about 2 months ago

Glad to hear you're feeling good about silver. Personally, I'm finding myself less and less enthused with silver as the primary precious metals play for retirement. For a Gold IRA, especially with a 50-100k portfolio, the bid/ask spread on silver just feels like it eats too much into potential gains compared to gold, and the storage fees on the sheer volume can sneak up on you. I really think people should be looking closer at the gold-heavy allocation for their Gold IRA, maybe 80/20 gold/silver, rather than trying to load up on silver for that "cheaper entry point" perceived advantage.

james_wilson👑Elite (1m-5m)Real Investor✓ Verified•about 2 months ago

It's interesting to see the enthusiasm for silver here. I've personally scaled back my physical silver significantly over the last couple of years, shifting most of those allocations into gold and some diversified treasuries. While silver definitely has its industrial applications, I've found its volatility for a 'safe haven' asset to be a bit too… energetic… for my long-term comfort, especially with the higher transaction costs for storage and movement compared to gold. Just my two cents from a different perspective here in NYC.

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