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    Silver stacking for retirement - am I doing this right?

    Key Takeaways
    • Been lurking here for a while and finally decided to post about my personal silver journey.
    • I'm 42, living in Atlanta, and my wife and I are thinking seriously about retirement, probably in about 20-25 years.
    • My initial dive into precious metals was actually gold, mostly for the tax advantages of a Gold IRA, which I really understand being in my field.
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    Been lurking here for a while and finally decided to post about my personal silver journey. As an accountant, I've always been pretty meticulous about my investments, and frankly, the market volatility we've seen the last few years has me a bit antsy. I'm 42, living in Atlanta, and my wife and I are thinking seriously about retirement, probably in about 20-25 years. We've got a decent chunk in traditional assets, maybe around $200k across various accounts, but I started looking into tangible assets as a hedge, especially precious metals in an IRA.

    My initial dive into precious metals was actually gold, mostly for the tax advantages of a Gold IRA, which I really understand being in my field. But then I started looking at silver. The lower price point per ounce just felt more accessible for regular dollar-cost averaging. So, for the past 18 months, I've been slowly but consistently adding silver to a segregated storage IRA account. My strategy has mostly been 1oz American Silver Eagles and some Canadian Maples. I'm aiming to put about $500-$750 a month into it, which feels manageable without impacting our other savings goals too much. I've accumulated close to 600 ounces so far.

    I know some people here are all about the junk silver or specific numismatic coins, but for a retirement vehicle, I'm really just focused on the weight and bullion value. The premium on Eagles isn't ideal but the liquidity and recognition are a plus to me. My biggest question mark is the long-term price appreciation compared to gold. I get the gold/silver ratio arguments, but sometimes it feels like silver struggles to really break out. Is anyone else exclusively or heavily weighted towards silver in their precious metals IRA? Any long-term stackers have regrets about choosing silver over gold, or vice-versa?

    I'm trying to balance diversification with maximizing potential growth, all while keeping those sweet tax benefits in mind. Just curious to hear other people's approaches, especially those who have been at this longer than I have. Thanks for any insights!

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    3 comments

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    Best Answer▲ 10 upvotes
    M
    maria_campbell📊Growing (50-100k)

    Hey, cool to see another numbers person getting into PMs! You mentioned the market volatility getting you antsy. Are you mostly stacking physical silver, or do you dabble in any of the silver ETFs or mining stocks too? Just curious how you're balancing the different types of exposure.

    Comments (3)

    4
    andrew_roberts👑Elite (1m-5m)Real Investor✓ Verifiedless than a minute ago

    Totally get where you're coming from with the market volatility. I'm 45 and started seriously looking into precious metals a couple of years ago for similar reasons. Not an accountant, but my gut was telling me to diversify beyond just stocks and bonds. Silver felt like a more accessible entry point than gold for me initially, and it's been interesting to see how it's performed. Keep us updated on your journey!

    10
    maria_campbell📊Growing (50-100k)✓ Verifiedless than a minute ago

    Hey, cool to see another numbers person getting into PMs! You mentioned the market volatility getting you antsy. Are you mostly stacking physical silver, or do you dabble in any of the silver ETFs or mining stocks too? Just curious how you're balancing the different types of exposure.

    4
    janet_cook📊Growing (50-100k)less than a minute ago

    Hey, I totally get the desire for stability, especially with the market being so wild. Silver can definitely be a good hedge. But as an accountant, you're probably looking at the numbers pretty closely, right? Have you thought about the storage costs and potential liquidity issues if you ever need to sell a larger chunk? It's not always as straightforward as stocks or even gold sometimes. Just something to keep in mind!

    The biggest mistake retirees make with their 401(k)

    Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

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