Finally hit my Silver Stacking Goal! Now what?
- •So, after about five years of pretty consistent accumulation, I finally hit my personal silver stacking goal of 1,000 ounces today!
- •Feels pretty good, to be honest.
- •My strategy shifted to acquiring 10oz and 100oz bars to reduce premiums.
So, after about five years of pretty consistent accumulation, I finally hit my personal silver stacking goal of 1,000 ounces today! Feels pretty good, to be honest. I started this journey shortly after I got my tenure at VCU (Go Rams!) with about $50k in my portfolio that I wanted to diversify outside of traditional stocks and bonds. I'd been reading a lot about the historical stability of precious metals, especially silver's industrial demand alongside its role as a monetary metal.
Initially, I was just buying whatever I could get my hands on from local dealers here in Richmond – mostly 1oz American Silver Eagles, some Canadian Maples, and a few generic rounds. As I got more into it, and especially after digging into some research papers on supply/demand fundamentals for silver, I started focusing more on larger bars. My strategy shifted to acquiring 10oz and 100oz bars to reduce premiums. Majority of my stack now is actually 100oz RCM bars and some Johnson Matthey I picked up for decent prices back in 2020/2021.
I’ve kept about 80% of it in a local safe deposit box and the other 20% is more easily accessible at home for some quick liquidity if needed (though that's more theoretical for me, given my overall financial planning). My total investment in silver is probably around $25k-$30k now, depending on when I bought each batch. This is a significant chunk of my alternative asset allocation, sitting alongside a small amount of physical gold and some real estate.
Now that I've hit my initial target, I'm trying to decide on the next phase. Should I just hold steady and let it ride? Or should I consider rebalancing into more gold, perhaps through an IRA to get some tax advantages? I'm using the Retirement Planner tool to kind of model out some different scenarios for my overall retirement strategy, factoring in gold and silver, but I'm curious what others here who hit their stacking goals did next. Did you pivot to something else, or just keep accumulating at a slower pace?