Gold IRA BlueprintForum
    Back to forum
    πŸͺ™ Gold Coins

    My Silver Stacking: From Basement to Bull Market

    B
    Key Takeaways
    • β€’Thought I'd share a bit about my silver journey, see what some of you higher net worth guys are doing here.
    • β€’Been in this game for a while, originally got into it back in '08 when the world felt like it was going to hell in a handbasket.
    • β€’Had some cash freed up from a couple of delayed development projects in Snowmass and figured, why not diversify beyond my usual real estate plays?
    See what your 401(k) could look like in gold

    Thought I'd share a bit about my silver journey, see what some of you higher net worth guys are doing here. Been in this game for a while, originally got into it back in '08 when the world felt like it was going to hell in a handbasket. Had some cash freed up from a couple of delayed development projects in Snowmass and figured, why not diversify beyond my usual real estate plays? Started with a few thousand ounces, mostly coins and bars from my local dealer in Denver. Nothing fancy, just trying to hedge against the craziness.

    My initial strategy was pretty straightforward: buy physical, hold it. Didn't really care about the dips or spikes; this wasn't speculative trading for me. It was about preserving wealth, plain and simple. Over the years, as my portfolio grew past the 5M mark and especially after a big development sale in Paradise Valley a few years back, I started getting a bit more sophisticated with my allocation. Now, a substantial portion of my precious metals, particularly gold, is actually in a Gold IRA. But for silver, I still prefer holding a good chunk of the physical stuff directly. It’s comforting to know it’s there, accessible if needed, albeit obviously not in my basement anymore – those days are long gone. Switched to a secure, insured vault a few years back. The thought of all that weight in my Aspen place just gives me hives now.

    Currently sitting on close to 20,000 ounces of silver, a mix of American Eagles, Canadian Maples, and some larger COMEX bars. I also dipped my toes into some fractional silver for a while, but honestly, the premiums just kill any real benefit unless you're talking about really unique pieces. My strategy now is pretty consistent: dollar-cost averaging in whenever I see a decent dip, usually adding about 500-1000 oz at a time if the price is right. I’m thinking long-term here, not looking for quick flips. What are others doing in similar positions? Are you guys still primarily physical on the silver or moving more towards ETFs or other paper assets?

    One thing I always recommend, especially for newer investors or those looking to deepen their understanding, is to hit up some reliable educational resources. The Learning Center is a solid spot for getting your head wrapped around precious metals, IRAs, and all the intricacies. It’s where I sent my nephew when he started asking about getting into metals after he made some decent coin from his tech startup down in Denver.

    27
    10 comments

    The biggest mistake retirees make with their 401(k)

    Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

    84 people viewed this today10 members requested a free kit this week16 investors bookmarked this
    Best Answerβ–² 19 upvotes
    D
    david_brownπŸ’ŽPremium (500k-1m)
    Great thread, u/SilverSurfer! Seeing your silver journey makes me regret not getting into it earlier. I've been primarily gold-focused, but the recent run-up in silver has definitely caught my eye. What finally pushed me over the edge was this really clear breakdown I found on Money Metals Exchange's website – they had an article comparing gold vs. silver in retirement accounts, and it actually laid out the practicalities of storage and liquidity for each that I hadn't fully considered. It's a solid resource if anyone's on the fence.

    Comments (10)

    1
    patricia_millerπŸ“ŠGrowing (50-100k)βœ“ Verifiedβ€’about 2 hours ago

    Awesome to hear about your silver stacking journey! Really resonates with me. I also got into precious metals around that '08 period, though for me it was mostly gold. Had a similar "gut feeling" about things. It's wild to look back and see how much has changed, and yet some of those core reasons for holding physical assets still feel just as relevant. What a ride, huh?

    8
    diane_baileyπŸ’°Established (100-250k)Real Investorβ€’about 2 hours ago

    Interesting! You mentioned a couple of delayed development projects freed up cash for you to get into silver in '08. Were those real estate projects, or something else entirely?

    1
    patricia_millerπŸ“ŠGrowing (50-100k)βœ“ Verifiedβ€’about 2 hours ago

    Interesting journey, but I gotta say, focusing *solely* on silver, even with the recent run-up, feels a bit like leaving money on the table for a "higher net worth" strategy. Diversification, even within precious metals, is key, especially if you're looking at things from an IRA perspective. Gold's stability and historical performance are hard to beat long-term, and some platinum/palladium exposure wouldn't hurt either. Just my two cents, but putting all your eggs in one basket, even a shiny silver one, might be a miss.

    9
    ruth_perezπŸ“ŠGrowing (50-100k)β€’about 2 hours ago

    Hey, awesome to hear your silver stacking journey! It's always cool to see how people got started and where they're at now.

    Since you mentioned wanting to hear from higher net worth folks, and given the title about "bull market" potential, you might find this article on diversification strategies for precious metals, especially for those looking at larger portfolios, pretty interesting: https://www.goldiraguide.com/gold-ira-companies/augusta-precious-metals/. It touches on some useful considerations beyond just stacking physical.

    6
    joyce_cooperπŸ“ŠGrowing (50-100k)βœ“ Verifiedβ€’about 2 hours ago

    Love this post, man! Totally agree with the sentiment about '08 setting things in motion for a lot of us. I started my gold accumulation around then too, after seeing how quickly things could go sideways. It's been a wild ride since, but definitely glad I pulled the trigger back then.

    6
    betty_kingπŸ“ŠGrowing (50-100k)β€’about 2 hours ago

    Congrats on the silver stack, seriously. While I totally get the appeal of physical silver, especially considering how undervalued it still feels compared to gold, I’m always cautious about going too heavy into it. I mean, the spread on buying and selling physical silver is brutal, way worse than gold in my experience. I've seen returns eaten alive just by that alone, even with decent price appreciation. Diversification is key, even within precious metals, right? Just something to consider for anyone else looking to go all-in.

    6
    helen_turnerπŸ’°Established (100-250k)Real Investorβ€’about 2 hours ago

    Man, this post hit home. I still remember the knot in my stomach back in '08, watching my 401k just *evaporate*. My uncle, bless his heart, kept badgering me about gold and silver, but I always brushed it off as doomsayer talk. It wasn't until around 2011, after a particularly brutal earnings report on some tech stocks I was clinging to, that I finally decided to dip my toes in. Started with a small stack of ASEs, honestly more out of curiosity than conviction. Now, looking at my Gold IRA, that little bit of silver was the first step on a road I never thought I'd take.

    11
    christopher_young🌟Ultra (5m+)Real Investorβœ“ Verifiedβ€’about 2 hours ago

    Interesting read, OP. Glad to see others are diversifying beyond just gold into silver. My own silver stack really started taking off in late 2019 when I loaded up on Eagles and Maples, mainly for capital appreciation potential given the gold/silver ratio. I've always viewed silver as gold's little brother with far more volatility, which can be great if you time it right.

    12
    joyce_cooperπŸ“ŠGrowing (50-100k)βœ“ Verifiedβ€’about 2 hours ago

    That's a great story, OP. Reminds me of when I started back in '08 with silver eagles. Everyone was calling them "junk metal" and focusing purely on gold, but those premiums were practically non-existent. Over a decade later, sitting on a nice profit, proving that sometimes the best returns come from ignoring the noise and sticking to your guns on undervalued assets.

    19
    david_brownπŸ’ŽPremium (500k-1m)Real Investorβ€’about 2 hours ago

    Great thread, u/SilverSurfer! Seeing your silver journey makes me regret not getting into it earlier. I've been primarily gold-focused, but the recent run-up in silver has definitely caught my eye. What finally pushed me over the edge was this really clear breakdown I found on *Money Metals Exchange's* website – they had an article comparing gold vs. silver in retirement accounts, and it actually laid out the practicalities of storage and liquidity for each that I hadn't fully considered. It's a solid resource if anyone's on the fence.

    Considering a Gold IRA for your retirement?

    Get a free info kit from a top-rated company β€” trusted by thousands of investors.

    Related Discussions

    Fed's playing chicken with our retirement? My take as a new gold investor.

    β–² 28714 comments

    Finally feeling good about my gold coin stash! My Gold IRA in ABQ is paying off.

    β–² 2869 comments

    Just set up my first Gold IRA, few questions about physical gold options - especially coins

    β–² 27912 comments

    Why I diversified my Gold IRA with silver

    β–² 27616 comments

    Anyone else dealing with a clunky Gold IRA custodian?

    β–² 27515 comments

    Explore Other Topics

    πŸ“° Silver News

    Inherited IRA to Gold - What are your experiences?

    πŸ₯‡ Gold IRA

    This RMD Calculator Took a HUGE Weight Off My Mind!

    πŸ”„ Rollover

    Rolled over some more to Silver, finally.

    πŸ₯ˆ Silver IRA

    Silver IRA allocation and the market timing discussion