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    Just hit my silver goal for the year - now what? A look

    Key Takeaways
    • Finally hit my 1000 oz silver goal for the year last week!
    • Been picking up a mix of 10oz and 1oz rounds when I can, mostly from Monument Metals and SD Bullion.
    • It feels good to have that physical buffer.
    See what your 401(k) could look like in gold

    Finally hit my 1000 oz silver goal for the year last week! Been picking up a mix of 10oz and 1oz rounds when I can, mostly from Monument Metals and SD Bullion. It feels good to have that physical buffer. I started really getting into silver about 3 years ago – had some extra cash from a good year in insurance sales and decided to diversify beyond just my 401k and some ETFs. My advisor back then was a bit skeptical, but I always liked the idea of holding something tangible. My initial thought was just to hold onto it, but now I'm starting to wonder if I should be thinking about selling some off at certain price points, or just hold indefinitely. Thoughts from long-term stackers?

    My strategy has always been pretty simple: allocate about 5-10% of my overall portfolio to precious metals. For the first couple of years, it was all silver. Just crossed the $100k mark in my total portfolio, and about $15k of that is in physical silver. I'm based here in Omaha, and it's nice knowing I have that stored securely. My next move is to start looking at a Gold IRA for the gold portion of my metals allocation – I want that tax-advantaged growth, especially since I'm already maxing out my other retirement accounts. My financial advisor (a new one, thankfully!) and I are going to sit down next month to specifically discuss opening a Gold IRA, probably through Augusta or something similar.

    I'm trying to balance the physical silver I can touch and feel with the more structured, tax-advantaged approach of a Gold IRA. For anyone else in a similar boat, how do you decide the split between physical and IRA-held metals? Is there a point where having too much physical silver becomes a logistical headache? I've been debating setting a new goal for next year, maybe another 500 oz of silver, or just focusing entirely on funding the Gold IRA for a bit. Any advice on managing both aspects?

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    18 comments

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    Best Answer▲ 19 upvotes
    C
    charles_lewis💎Premium (500k-1m)
    Really valuable perspective. I'll definitely keep this in mind as I make my decisions.

    Comments (18)

    1
    kenneth_parker💎Premium (500k-1m)Real Investor✓ Verified3 months ago

    Congrats on hitting your goal! That's awesome dedication. While silver is great for a physical buffer, have you considered diversifying a bit into gold for similar long-term security? 1000 oz of silver is a hefty chunk, and sometimes gold can be a bit more practical to store and transport if things ever get really wild. Just a thought!

    9
    donald_nelson💎Premium (500k-1m)Real Investor✓ Verified3 months ago

    Congrats on hitting your silver goal, that's awesome! It's always a great feeling to see those numbers tick up. Since you're looking at what's next, have you considered exploring some of the more niche, numismatic silver coins? They can sometimes offer a good blend of precious metal value and collector's premium, which could be interesting for diversification.

    For example, things like pre-1933 US silver coinage or even some specific world mint issues. Might be a fun rabbit hole to go down now that your primary stacking goal is met! Just make sure you're buying from reputable dealers who specialize in those types of coins.

    6
    ronald_morris👑Elite (1m-5m)Real Investor3 months ago

    Dude, awesome job on hitting that 1k oz goal! That's a serious stack. I'm right there with you on Monument Metals and SD Bullion, they've got some great deals. I'm still working towards my own 1000 oz target, probably at about 600-ish oz right now. It definitely feels good to have that physical peace of mind, especially with everything going on.

    8
    carol_carter💰Established (100-250k)Real Investor3 months ago

    Congrats on hitting your goal! That's awesome. I know that feeling of relief and satisfaction when you finally get there. I had a similar experience last year with gold. Kept chipping away at it, mostly 1/10th oz AGEs, and then one day realized I'd quietly stacked more than I thought possible. It's a great feeling of security, isn't it?

    1
    mark_adams👑Elite (1m-5m)Real Investor3 months ago

    Congrats on hitting your goal! That's awesome. I'm curious, what's your reasoning for the mix of 10oz and 1oz rounds? Do you prefer the larger bars for storage efficiency or the smaller ones for potential fractional selling down the line?

    1
    jason_morgan💰Established (100-250k)Real Investor✓ Verified3 months ago

    Congrats on hitting your goal! That's awesome dedication. For me, once I reach a certain precious metals allocation, I usually start re-evaluating my overall portfolio balance. With roughly 15% of my 401k in a Gold IRA, I'm always looking at how the two stack up. For silver fans, check out the Silver vs Stocks comparison – pretty eye-opening over a 10-year period.

    2
    andrew_roberts👑Elite (1m-5m)Real Investor✓ Verified3 months ago

    This is fantastic, u/SilverStacker23! Really appreciate you sharing your journey and the strategy you used to hit your silver goal. It's inspiring to see this level of dedication, especially with the current market volatility. I've been in PMs for a while myself, mostly on the gold side for wealth preservation, and I'm always keen to hear successful strategies from the silver crowd. Makes me think about adding a bit more diversity to my own allocation, sitting here in Palm Beach.

    0
    maria_campbell📊Growing (50-100k)✓ Verified3 months ago

    Congrats on hitting your silver goal! That's awesome. I remember feeling the same when I finally got my first 100oz in gold back in 2020. Since you're looking at what's next, have you considered diversifying into a Gold IRA? It's been a game-changer for my retirement planning here in Boise, especially with all the market volatility lately. Might be a solid next step if you're thinking long-term.

    15
    james_wilson👑Elite (1m-5m)Real Investor✓ Verified3 months ago

    Holy moly, congratulations! That’s a massive achievement, and honestly, hearing about your meticulous strategy for silver stacking reminds me so much of my own journey with gold a few years back. When I crossed the first 100oz mark in physical gold, it felt like hitting a financial Everest. My next move was diversifying slightly into some mining stocks – something to think about once you've celebrated this huge win!

    16
    catherine_bell🏆Advanced (250-500k)Real Investor3 months ago

    Congrats on hitting your silver goal! That's awesome. I remember feeling the same way back in 2020 after I'd doubled down on physical silver. My strategy then, and what I still recommend folks consider, is taking some of those gains and looking at a Gold IRA. Diversification is key, especially with how volatile things can get. I actually used the IRA Calculator at https://calculator.goldirablueprint.com/?forum recently to re-evaluate my allocations and it really opened my eyes to the potential tax advantages over the long haul. Keep stacking, but don't forget to protect those gains!

    8
    janet_cook📊Growing (50-100k)3 months ago

    Congrats on hitting your silver goal! That's awesome. I'm actually pretty new to the precious metals game, just opened a Gold IRA last year for around $60k after talking with an advisor in Providence. I'm curious for those of you who stack both gold and silver, how do you decide on your allocation between the two? Is it a fixed percentage, or do you adjust based on market conditions?

    19
    charles_lewis💎Premium (500k-1m)Real Investor3 months ago

    Really valuable perspective. I'll definitely keep this in mind as I make my decisions.

    9
    brian_edwards🌟Ultra (5m+)Real Investor✓ Verified3 months ago

    @Catherine Bell Great to hear you hit your silver goal! I remember having a similar sense of accomplishment back in 2011 when I diversified a significant portion of my portfolio into physical gold—felt like a real hedge against the instability brewing then. You definitely want to consider adding some gold exposure, especially with the current geopolitical landscape and burgeoning debt. My advisor at Merrill was pretty keen on the "gold standard" for wealth preservation then, and I haven't regretted it.

    17
    jennifer_martinez💰Established (100-250k)Real Investor✓ Verified3 months ago

    Awesome thread, congrats on hitting your silver goal! I'm pretty new to this whole precious metals thing myself – just started my Gold IRA last fall with about $150k, mostly because I’m a bit nervous about the housing market here in Miami over the next couple of years. My financial advisor steered me towards gold, but I've been seeing more chatter about silver too and wondering if I should diversify a bit more within the metals. Any advice on integrating silver into a predominantly gold-focused portfolio without overcomplicating things?

    12
    matthew_murphy👑Elite (1m-5m)Real Investor3 months ago

    @Maria Campbell That's fantastic about your gold in 2020! I definitely felt a similar buzz when I rebalanced my own portfolio, moving some gains from equities into more physical gold and silver back in late 2022. If you're pondering diversification, especially beyond just gold and silver, I found the *Learning Center at goldirablueprint.com* incredibly useful for understanding different types of precious metals and even alternative assets. They've got some great deep dives on the pros and cons of platinum and palladium that really helped me think through future moves for my holdings here in Dublin.

    18
    dorothy_lopez💰Established (100-250k)Real Investor3 months ago

    @Jason Morgan That's fantastic, man! Congrats on hitting your goal. I can definitely relate to that re-evaluation phase. After I hit my initial 15% gold allocation in my self-directed IRA a few years back – mostly American Gold Eagles and some Perth Mint bars – I started looking around beyond just the metals. My financial advisor out here in Vegas actually suggested rotating some profits into high-dividend ETFs to keep things diversified but still generating some income. It’s been a solid strategy for smoothing out the ride, especially when gold goes on one of its wild swings.

    3
    patricia_miller📊Growing (50-100k)✓ Verified3 months ago

    @Brian Edwards That’s awesome you got in on gold back in 2011! Definitely a smart move. I really wish I'd discovered this sooner for my own portfolio. I'm sitting on about 70k in precious metals now, mostly gold, here in Denver. What really helped me wrap my head around the logistics of things like storage and taxes was a great breakdown I found on Investopedia about Gold IRA rollovers. It clarified a lot of my initial questions and helped me feel confident making the move.

    5
    joseph_harris📊Growing (50-100k)3 months ago

    This is really helpful information! I've been researching gold IRAs for a while and this confirms what I've been learning.

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