Silver Stacking as a Business Owner - My Strategy & Some
- •Thought I'd share a bit about my silver stacking journey, especially seeing a few similar posts pop up.
- •Being in the tourism game here in Savannah, you learn real fast that economic cycles are just a part of life.
- •My strategy isn't super aggressive, more of a long-term hedge.
Thought I'd share a bit about my silver stacking journey, especially seeing a few similar posts pop up. Being in the tourism game here in Savannah, you learn real fast that economic cycles are just a part of life. We’ve seen some crazy ups and downs over the last couple of decades, and that really hammered home the need for some serious diversification beyond just my business and the usual stock market plays. Got about a $200k portfolio right now, mostly in a mix of IRAs and some taxable stuff, but about $30k of that is in physical precious metals, mostly silver.
My strategy isn't super aggressive, more of a long-term hedge. I'm mainly buying 1 oz American Silver Eagles and some 10 oz bars. The Eagles are great for liquidity if I ever needed to sell smaller chunks, and the bars are more about maximizing silver content for the buck. I try to dollar-cost average, picking up a few ounces every month or so, especially when there’s a dip. Not trying to get rich quick with it, just trying to preserve some purchasing power when things get squirrely. It's a nice feeling knowing I've got some tangible assets sitting in a safe, especially when the news is all doom and gloom.
One thing I've been playing around with is this "Silver vs Stocks" tool on goldirablueprint.com (specifically the 10-year chart). It's pretty eye-opening to see how they perform against each other over different periods. It really reinforces my decision to have silver as a counterbalance. I've found it super helpful for validating my long-term outlook when the stock market is feeling a bit bubbly. What are some of your favorite resources for tracking silver performance or just generally staying informed?
For those of you who also own small businesses, how do you balance your precious metals investments with the needs of your business? Do you consider it part of your emergency fund, or more of a separate long-term wealth preservation play? I’m always curious to hear how other entrepreneurial folks manage their finances through different economic climates. The thought of having a tangible asset when everything else is digital or volatile brings me a lot of peace of mind. Anyone else feel that way?