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    Added Silver to My Gold IRA - Thoughts?

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    Key Takeaways
    • Just wanted to throw this out there and see what others are thinking.
    • I'm a government employee here in Albuquerque, mid-50s, and I've been building up my Gold IRA for a while now.
    • Got about $75k in it, mostly gold, which I see as a solid hedge against inflation and just generally diversifying my pension supplement.
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    Just wanted to throw this out there and see what others are thinking. I'm a government employee here in Albuquerque, mid-50s, and I've been building up my Gold IRA for a while now. Got about $75k in it, mostly gold, which I see as a solid hedge against inflation and just generally diversifying my pension supplement. But lately, I’ve been feeling a bit antsy. The market's been so unpredictable, and while gold has done well for me, I started looking at other options to really shore things up.

    A few months back, after doing a ton of reading and crunching numbers (used that Retirement Planner tool a lot to see different scenarios), I decided to add some silver to the mix. It wasn't a huge jump, maybe 15% of my total metals portfolio now, but it feels like a significant move for me. My reasoning was twofold: first, the industrial demand for silver seems like a good long-term bet, especially with all the new tech coming out. Second, and maybe more importantly, it felt like a more accessible entry point for future contributions if I want to scale up my precious metals holdings without dropping another huge chunk on gold right away.

    I know the volatility can be higher with silver, and that was definitely a concern. I’m not looking to get rich quick, just protect my savings and enhance that pension down the line. I’m thinking long-term here, probably another 10-15 years until I fully retire. Has anyone else made a similar move recently? What were your primary motivations, and how has it panned out for you so far? Any wise words for someone looking at this as a longer-term strategy?

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    3 comments

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    Best Answer▲ 7 upvotes
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    mark_adams👑Elite (1m-5m)

    That's an interesting move! I actually did something similar a few years back. Had a good chunk in gold and decided to diversify a bit by adding some silver. My thinking was similar to yours – a little more diversification and the lower entry point for silver seemed appealing. Haven't regretted it so far.

    Comments (3)

    7
    mark_adams👑Elite (1m-5m)Real Investorless than a minute ago

    That's an interesting move! I actually did something similar a few years back. Had a good chunk in gold and decided to diversify a bit by adding some silver. My thinking was similar to yours – a little more diversification and the lower entry point for silver seemed appealing. Haven't regretted it so far.

    2
    christopher_young🌟Ultra (5m+)Real Investor✓ Verifiedless than a minute ago

    Hey, that's interesting you added silver to the mix! I've been debating that myself. What kind of silver did you go with, if you don't mind sharing? Like, 1 oz coins, bars, rounds? Just curious what others are choosing.

    4
    donna_rogers🏆Advanced (250-500k)Real Investorless than a minute ago

    Interesting move adding silver to the mix! While I get the diversification play, I'm personally a bit more hesitant on silver for a *retirement* account. The volatility compared to gold can be a wild ride, and while it's got industrial demand, it often behaves more like an industrial metal than a pure monetary one. Gold feels like the more stable bedrock for an IRA, especially as you get closer to retirement. Just my two cents, though; everyone's risk tolerance is different!

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