My Silver Stacking Journey and Strategy - Any fellow stackers in VA Beach?
- •For context, I'm sitting on a portfolio in the mid-seven figures, a good portion of which is in precious metals.
- •I started really getting serious about silver back in the late 90s, when I was still serving as an Admiral.
- •My approach has always been about long-term wealth preservation, not a get-rich-quick scheme.
Been a while since I've posted anything, but thought I'd share some thoughts on my silver stacking strategy, especially as there's more talk about inflation and economic uncertainty. For context, I'm sitting on a portfolio in the mid-seven figures, a good portion of which is in precious metals. I started really getting serious about silver back in the late 90s, when I was still serving as an Admiral. My approach has always been about long-term wealth preservation, not a get-rich-quick scheme.
My current strategy involves consistently acquiring physical silver, primarily in 1oz and 10oz bars from reputable dealers. I prefer specific mints for purity and ease of potential resale. I'll occasionally pick up numismatics if the premium is right and the historical value speaks to me, but that's a smaller percentage of my holdings. I keep a portion in a secure, insured vault outside of my house, and another, smaller portion, readily accessible. It’s about balance for me – security mixed with immediate availability if things really go sideways. I recently pulled out my old logbooks and it's fascinating to see the average cost basis over two decades. It really puts the current price volatility in perspective.
What I'm curious about from others, particularly those with a similar long-term mindset: how has your silver stacking strategy evolved over the years? Are you focusing more on numismatics or bullion now? And for any fellow veterans, especially Navy folks in the Virginia Beach area, any recommendations for local dealers that you trust? Always looking for good connections. I’m thinking about how to integrate this silver into a broader retirement plan, and I’ve been playing around with that Retirement Planner tool on a daily basis – seeing how different allocations hit projected values is a fantastic exercise. It’s given me some new ideas for diversifying further within my precious metals allocation.