Rebalancing my portfolio - too much in platinum?

David Brown

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🔲 Platinum IRA

Rebalancing my portfolio - too much in platinum?

david_brown💎Premium (500k-1m)

about 11 hours ago

Key Takeaways

•Curious to hear some thoughts from others here about portfolio rebalancing, specifically for those of us holding platinum.
•I've been a long-time believer in precious metals as a hedge, and got into a Platinum IRA a few years back.
•The past year or so has been pretty wild, and honestly, my platinum allocation has grown more than I anticipated.

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Curious to hear some thoughts from others here about portfolio rebalancing, specifically for those of us holding platinum. I've been a long-time believer in precious metals as a hedge, and got into a Platinum IRA a few years back. The past year or so has been pretty wild, and honestly, my platinum allocation has grown more than I anticipated. I'm sitting on a portfolio somewhere between $750k and $1M, and while I wouldn't say platinum is dominating it, it's definitely a larger percentage than I initially planned for back when I first set up the IRA. I'm a doctor here in Boston, and between my practice and other investments, I like to keep things reasonably diversified.

My initial strategy was to have about 10-15% in precious metals overall. With the recent run-up in platinum, I'm probably closer to 20-25% just in platinum, not even counting my gold. Don't get me wrong, I'm not complaining about the gains! But it does make me wonder if it's prudent to trim some of that back to get closer to my original allocation. On one hand, "don't fix what ain't broken," right? On the other, the whole point of rebalancing is to mitigate risk and stick to your long-term strategy. Anyone else in a similar boat with a larger-than-expected platinum position?

I’ve been doing some reading on the merits of holding platinum versus gold long-term for industrial demand vs. inflation hedge, etc. and trying to weigh the pros and cons of selling high now versus potentially missing out on further growth. It's a tough call when a particular asset has performed so well. I've been using the Learning Center quite a bit lately to brush up on some of the nuances of precious metals investing, especially regarding market trends for platinum. Would love to hear how others approach rebalancing when one portion of their portfolio has significantly outperformed. Do you tend to stick rigidly to your target percentages, or do you let things ride a bit if the market momentum is strong?

4 comments

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Best Answer▲ 7 upvotes

robert_thompson💰Established (100-250k)

Interesting! You mentioned your platinum "a" - did you mean your platinum allocation, or were you going to say something else? Just curious what percentage of your portfolio it makes up currently.

Comments (4)

susan_clark💰Established (100-250k)Real Investor•less than a minute ago

Totally feel this! I went pretty heavy on silver a few years back thinking it was the next big thing, and while it's done okay, it hasn't exactly shot to the moon like I hoped. Ended up selling off a chunk and diversifying into some gold bullion recently. Platinum's had a pretty interesting run, for sure.

It's always tough trying to time these things. Good luck with the rebalance!

robert_thompson💰Established (100-250k)Real Investor✓ Verified•less than a minute ago

Interesting! You mentioned your platinum "a" - did you mean your platinum allocation, or were you going to say something else? Just curious what percentage of your portfolio it makes up currently.

laura_sanchez💰Established (100-250k)Real Investor✓ Verified•less than a minute ago

I hear you on the platinum! It's definitely had its moments. But I'm actually a bit more optimistic about its long-term potential than some. While gold and silver get all the buzz for being safe-havens, platinum has some serious industrial demand drivers that could really kick in, especially with the push for green tech. Maybe it's less about "too much" and more about how long you're willing to hold for that potential upside.

donna_rogers🏆Advanced (250-500k)Real Investor•less than a minute ago

Totally agree with the sentiment here. I've been feeling the same way about my platinum Holdings. My personal allocation got way out of whack after the recent performance, and I'm seriously considering diversifying into gold soon.

My platinum went from ~15% of my precious metals portfolio to nearly 30% in just a year and a half. Definitely leaning towards rebalancing to bring that number down and boost my gold allocation.

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