Silver vs. Gold in my IRA - what's the split for others?
- •Been thinking a lot about the allocation in my Gold IRA lately, specifically the silver to gold ratio.
- •I've got a decent chunk in there now, somewhere around $75k, and it's mostly gold.
- •I'm a government employee here in Albuquerque, so this IRA is a big part of how I'm supplementing my pension down the line.
Been thinking a lot about the allocation in my Gold IRA lately, specifically the silver to gold ratio. I've got a decent chunk in there now, somewhere around $75k, and it's mostly gold. I'm a government employee here in Albuquerque, so this IRA is a big part of how I'm supplementing my pension down the line. It's been a relief knowing it's there as a hedge against inflation and general economic weirdness, especially with everything going on.
My initial thought was to go heavy on gold for stability, but I've been reading more about silver's industrial demand and its potential for bigger percentage gains, even if it's more volatile. It makes me wonder if I'm missing out by not having a more significant silver position. Right now, it's probably 80/20 gold to silver, maybe even 90/10. I know silver can take bigger dips, but the idea of it popping off in a significant way is pretty appealing for long-term growth.
Anyone else in a similar boat, perhaps using precious metals to shore up their retirement? What kind of percentages are you running for gold vs. silver in your IRA? Are you leaning more into silver now, or sticking with a higher gold allocation? Any seasoned investors have strong opinions on this? And totally unrelated, but something I was looking at the other day – for those closer to retirement, have you checked out that RMD Calculator at Gold IRA Blueprint? I started playing around with it and it really makes you think about future distributions!