Silver stacking for the long haul - what's your target weight?
- β’Been seeing a lot of talk about silver lately, which is great.
- β’I started stacking silver probably 15 years ago, when it was still relatively cheap.
- β’Came into the Gold IRA game a bit later, around 2010 when I diversified a chunk of my real estate portfolio.
Been seeing a lot of talk about silver lately, which is great. I started stacking silver probably 15 years ago, when it was still relatively cheap. Came into the Gold IRA game a bit later, around 2010 when I diversified a chunk of my real estate portfolio. Best decision I ever made, honestly. My self-directed IRA is probably sitting around 40% physical gold, 30% physical silver, just eyeballing it. The rest is in some pretty solid private equity deals I've got going on.
My silver strategy has always been pretty straightforward: buy good value, hold until I'm absolutely forced to sell, or until my kids want to dabble in precious metals themselves. I've got a decent mix of 10oz and kilo bars β always bought from reputable dealers, no eBay gambles for me. My last big purchase was about 5,000oz back in 2020. I managed to snag it for about $18/oz which felt like highway robbery even then. I'll admit I'm a bit of a contrarian investor, so when everyone else was panicking, I was looking for opportunities, especially in the physical asset space. I've been eyeing a bigger purchase recently, maybe another 10,000oz if the price dips a bit more. Not sure I'll ever get that $18 price again, but a guy can dream, right?
I'm not into the whole numismatic thing, just honest-to-goodness bullion for wealth preservation. My Gold IRA is set up for long-term growth and protection, not quick flips. Living up here in Aspen, I've got plenty of secure storage, both personally and through trusted third parties. It gives me a lot of peace of mind knowing that even if the market goes completely sideways, I've got real, tangible assets. Itβs part of the reason my portfolio is sitting over the 5m mark.
So, for those of you stacking silver seriously, what's your long-term target weight? Are you aiming for a specific dollar amount, or just accumulating as much as you can reasonably afford? And whatβs your biggest silver regret? Mine is probably not buying more when it was around $5/oz back in the early 2000s, but who could've predicted that?