Stacking Silver - My Take After Cashing Out a Bit
- β’Thought I'd share my experience with silver lately, especially after seeing so many "stack or sell" posts.
- β’For me, silver has always been a more liquid side-bet compared to my gold holdings.
- β’Initially, it was mostly American Silver Eagles and some older Canadian Maple Leafs.
Thought I'd share my experience with silver lately, especially after seeing so many "stack or sell" posts. For me, silver has always been a more liquid side-bet compared to my gold holdings. I started really getting into it back in '09-'10, after seeing how the market imploded and just having this gut feeling the traditional paper assets were riskier than ever. As someone whoβs seen a few market cycles and dealt with plenty of high-stakes games in Vegas casinos, Iβve always been good at assessing risk, and physical metals made a lot of sense to me for a chunk of my portfolio.
Initially, it was mostly American Silver Eagles and some older Canadian Maple Leafs. I'd DCA a few hundred bucks into them whenever I had some extra cash, or when the price dipped. This past year, I actually sold off about 150 oz from my stack, mostly towards a down payment on a new condo I bought here in Henderson. It was a good chunk of change, and honestly, the ease of transaction was way better than I anticipated. I didn't get top dollar, but it was still a solid gain from my purchase price average, and it felt good to leverage it for something tangible.
Now, Iβm looking to rebuild a bit, but with a different strategy. Instead of just Eagles, Iβm eyeing some pre-1965 junk silver. The fractional nature of it just seems more practical for potential future liquidity, and thereβs something cool about holding history. Also thinking about adding some 10oz bars to the mix; the premium is usually lower than coins, which is a big deal when you're talking about putting 10-15k into it. Anyone else leaning more towards junk silver these days? Or do you still prefer the recognized coins for resale?
On a related note, for anyone looking at how their metals fit into a broader retirement plan, Iβve been messing around with this "Retirement Planner" tool at https://retire.goldirablueprint.com/?forum. Itβs pretty slick for visualizing how different asset allocations, including gold and silver, play out over time. Definitely worth a look if you're trying to get a clearer picture beyond just stacking for stacking's sake. Curious to hear everyone's current silver strategy β are you buying aggressively, holding steady, or selling bits off?