Rebalancing - thinking of adding more silver bars

Linda Taylor

Back to forum

🧱 Silver Bars

Rebalancing - thinking of adding more silver bars

linda_taylor📊Growing (50-100k)

3 days ago

Key Takeaways

•Okay, so I've been doing a lot of reading lately about portfolio rebalancing, especially for later in retirement.
•I'm feeling a bit antsy looking at my current Gold IRA setup.
•As a nurse, you see a lot of ups and downs, and I really just wanted something rock solid.

Get the free Gold IRA guide

Okay, so I've been doing a lot of reading lately about portfolio rebalancing, especially for later in retirement. I'm feeling a bit antsy looking at my current Gold IRA setup. I opened it a few years back, probably around 2020, and threw in about $75k, mostly in gold coins, just for that stability everyone talked about for retirement. As a nurse, you see a lot of ups and downs, and I really just wanted something rock solid.

My portfolio has grown a bit, which is great, probably nearing $90k now, but it's still heavily gold. I'm based in Seattle and inflation here has been a wild ride. House prices, groceries, everything just keeps climbing. I'm thinking about adding some silver bars to diversify a bit more. I know silver is more volatile, but I'm looking at it as a way to potentially catch some upward swings and still have that physical asset protection. I’m not talking about emptying my savings, but maybe putting in another $5-$10k into silver bars.

Anyone else in a similar boat, or who has experience with adding silver bars to an already gold-heavy IRA? Are there specific types of bars people recommend for an IRA? I'm trying to figure out if it's better to go with smaller 1 oz bars or larger 10 oz or even 100 oz bars. I'm probably still 10-15 years out from fully retiring, so I do have some time for it to appreciate. Any thoughts on timing this kind of move?

172

5 comments

Considering a Gold IRA for your retirement?

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

Under $100k? Compare options →

556 people viewed this today73 members requested a free kit this week109 investors bookmarked this

Best Answer▲ 10 upvotes

michelle_collins🏆Advanced (250-500k)

Totally agree with this! Rebalancing is such a key part of long-term planning, especially as retirement gets closer. Good call looking into it now.

I'm in a similar boat actually. Opened my Gold IRA around 2021 with mostly gold eagles, but I've been eyeing silver bars too. The lower price point per ounce makes it feel like a smart way to get more physical weight into the portfolio without breaking the bank, and the industrial demand for silver is really interesting. Let us know what you decide!

Comments (5)

catherine_bell🏆Advanced (250-500k)Real Investor•3 days ago

Totally feel this! I'm in a similar boat. Opened mine around the same time, heavy on gold eagles. Was just looking at my allocation and thinking about adding some silver bars as well. The price point makes it pretty appealing for diversification without totally reshaping everything. Good luck with whatever you decide!

kenneth_parker💎Premium (500k-1m)Real Investor✓ Verified•3 days ago

Hey, that's interesting about mostly gold coins. When you say "gold coins," are we talking about specific types like Eagles or Maples, or more of a general mix of government-minted bullion coins?

diane_bailey💰Established (100-250k)Real Investor•3 days ago

Interesting thought on adding more silver, especially for later in retirement. While silver definitely has its place, have you considered how its volatility might affect your overall stability goals in retirement? Gold tends to be the go-to for preserving wealth during those years, and increasing your silver exposure might introduce more swings than you're looking for, even if the potential for growth is there.

barbara_white🏆Advanced (250-500k)Real Investor✓ Verified•3 days ago

Hey, totally get the impulse to rebalance, especially with silver looking pretty good lately! Before you dive into ordering more bars, you might want to double-check the specific custodian rules for your Gold IRA. Some have minimums or specific types of silver they prefer for storage to avoid any headaches down the line. It's always good to confirm so your rebalancing goes smoothly! Good luck!