Finally feeling vindicated after years of stacking - almost hit my 8-figure goal with 100oz Silver Bars
- •Honestly, it feels a bit surreal writing this.
- •I've been lurking for ages, soaking up all the insights, and now I'm actually sharing a win.
- •My financial advisor even suggested I diversify more into "growth opportunities." But I had a gut feeling.
Honestly, it feels a bit surreal writing this. I've been lurking for ages, soaking up all the insights, and now I'm actually sharing a win. For years, pretty much since I cashed out of my tech startup back in 2017, I've had a significant portion of my portfolio tied up in precious metals, specifically a crap ton of 100oz silver bars in my Gold IRA. Everyone in Dublin, OH back then thought I was nuts, selling a multi-million-dollar company and putting a big chunk into "shiny rocks" instead of the next big tech IPO. My financial advisor even suggested I diversify more into "growth opportunities."
But I had a gut feeling. We saw the writing on the wall with inflation, the printing presses, and frankly, the general instability bubbling under the surface. I started with a total portfolio value then around $3.5M, and about 30% of that went straight into these bars. Over the past few years, as things got crazier, I incrementally added more, especially during those dips. Now, with the way silver has been performing, I'm legitimately sitting at just under $9.5M across all my investments, and the silver portion alone has nearly doubled from my original cost basis.
It's not just about the numbers though. There's a deep sense of security knowing a significant chunk of my wealth isn't just evaporating with inflation or tied to some volatile stock market swings. That feeling is priceless. My goal was always to hit an 8-figure portfolio by the time my youngest heads off to college in a couple of years, and this run-up in silver has put me within striking distance. I'm actually considering selling a small portion to rebalance, maybe put some into real estate, but honestly, it's hard to let go of these bars.
Anyone else feeling this kind of vindication lately? What are your thoughts on rebalancing after such a strong run in silver? Stick with it, or take some profits?