Is anyone else actually regretting *not* getting into
- •Okay, so I mostly diversified into gold for my IRA, like a lot of people probably tend to do.
- •Gold felt like the obvious play back in late 2022.
- •I’m in Dublin, Ohio, and my financial advisor here was all about it, especially with the inflation fears at the time.
Okay, so I mostly diversified into gold for my IRA, like a lot of people probably tend to do. After I exited my last startup (AI for local government, pretty niche but it worked out), I was sitting on a decent chunk of change and wanted to move about 1.5M of that into something more stable. Gold felt like the obvious play back in late 2022. I’m in Dublin, Ohio, and my financial advisor here was all about it, especially with the inflation fears at the time.
But man, looking back at silver's performance, I'm genuinely kicking myself a bit. I did pick up about 50k worth of silver bullion for my personal stack outside the IRA, mostly just because I liked the look of it, not as a serious investment strategy. That small personal investment has done surprisingly well compared to my grander gold play within the IRA. I'm talking about tangible gains that feel more significant proportionally. It's making me wonder if I missed the boat on serious silver allocation for long-term wealth preservation. I know it's more volatile, but the upside seems more pronounced too.
I'm exploring options now to potentially allocate a larger percentage of my overall portfolio to silver, maybe converting some of my traditional investment assets rather than touching the gold IRA. Has anyone else made a similar pivot from mostly gold to a more balanced gold/silver split? Or even found themselves wishing they’d gone heavier on silver from the start? What were your strategies for getting in, and did you use an IRA for it, or just personal physical holdings?