Rollover allocation - more interested in silver than gold for the next few years, am I crazy?
- •Diving into this rollover from an old 401k that's been sitting and want to get some opinions on allocation.
- •I'm heavy into metals already, mostly gold, but with this batch of funds, I'm thinking of going disproportionately into silver.
- •We're talking about roughly $800k that I'm rolling over here, and my initial thought was 70/30 silver to gold.
Diving into this rollover from an old 401k that's been sitting and want to get some opinions on allocation. I'm heavy into metals already, mostly gold, but with this batch of funds, I'm thinking of going disproportionately into silver. We're talking about roughly $800k that I'm rolling over here, and my initial thought was 70/30 silver to gold. Maybe even 80/20.
My overall portfolio is already quite diversified, with real estate developments around Aspen and some other ventures, so this isn't my only play. I've got over $5M tucked away in various places, and a good chunk of that is in physical gold and some mining stocks. The thought process here is that silver seems to have more room to run in the medium term, especially with the industrial demand picking up. I'm not looking for a quick flip, but I do see more upside potential in silver over the next 3-5 years compared to gold, which I expect to be more of a steady, reliable performer.
Am I letting my gut feeling get the better of me here, or is there a solid case to be made for a heavier silver allocation in this specific rollover? My wife thinks I'm being too speculative, but she's usually more conservative than a Swiss banker. Anyone else here making a similar bet on silver, or am I overlooking something fundamental that makes gold the obvious choice even with a long-term view?