Gold vs. Silver allocation - My portfolio thoughts
- •Been thinking a lot about my Gold IRA allocation recently, specifically the split between gold and silver.
- •I’m sitting on about a $350k portfolio right now, mostly in gold, which has been great.
- •For that chunk of my portfolio, it’s done exactly what I wanted.
Been thinking a lot about my Gold IRA allocation recently, specifically the split between gold and silver. I’m sitting on about a $350k portfolio right now, mostly in gold, which has been great. Moved it over from an old 401k a few years back when I started helping clients here in SLC with their own Gold IRAs, and it's definitely given me some peace of mind.
My initial thought process was leaning heavily into physical gold because of its historical stability and the role it plays as a hedge against inflation. For that chunk of my portfolio, it’s done exactly what I wanted. But lately, I’ve been wondering if I should rebalance a bit and add more silver into the mix. I know silver can be a lot more volatile, but the industrial demand aspect is really appealing right now, especially with all the green tech initiatives pushing forward. It feels like silver has more upside potential in the short to medium term compared to gold, which is more of the slow and steady tortoise.
I’m not looking to make a huge shift, maybe just nudge it from something like a 90/10 gold/silver split to 80/20 or even 75/25. My RMDs are still a ways off, but I’ve been playing around with that RMD Calculator (super handy tool, by the way, if you haven’t checked it out) and thinking about what kind of distributions I’ll want down the line. A little extra growth potential from silver could definitely help make those RMDs more substantial when the time comes.
Does anyone here have a strong conviction for a higher silver allocation in their Gold IRA? Or do you mostly stick to gold for the rock-solid stability? I'm curious to hear what other investors are doing with similar portfolio sizes. Have any of you recently adjusted your allocation based on current market conditions or future outlooks?