Age 55 what % precious metals?

[Anonymous]

I'm worried about the dollar and the debt. And war and inflation. I want to put 1/3 of my retirement funds into a diversified precious metals fund. My broker could barely contain his disbelief. He said usually he recommends 5% in precious metals.

What are your thought?

[Anonymous]

Don’t do it. Trust your advisor. You can put some money in a buffer fund instead. https://www.cnbc.com/2024/10/03/buffer-etfs-what-to-know-before-investing.html

[Anonymous]

I’m 50. I have maybe 5 oz silver coins and a Roman silver coin. Can I retire?

[Anonymous]

Take a look at a chart of GLD, it’s been a parabolic move up since about 10/22. So you are late to the party. Listen to your broker and only invest a small percentage in this fund.

[Anonymous]

I have some jewelry and a few coins. No other metals. 99.9% of my net worth is in stocks, bonds, and real estate. I retired early.

[Anonymous]

I have about 40k in gold (low cost basis, maybe 10k?) and probably 100k fmv jewelry but thats family inheritance. Would only sell if it’s a real emergency.

I might add some as a hedge in the future assuming gold drops a bit. But would not put more than 5-10%.

[Anonymous]

Buy some mining stocks like FCX or BHP. You won’t be as leveraged to the base metal price, you will get diversification and they pay dividends.

[Anonymous]

1/3 of your portfolio in metals? Please don’t do this!

It’s always smart to diversify, go buy some gold and silver and throw it in a safe. Buy some art too, and some real estate. I’m not kidding.

[Anonymous]

Anonymous wrote:I have about 40k in gold (low cost basis, maybe 10k?) and probably 100k fmv jewelry but thats family inheritance. Would only sell if it’s a real emergency.

I might add some as a hedge in the future assuming gold drops a bit. But would not put more than 5-10%.

Jewelry is not an investment.

[Anonymous]

Zero and it's gonna stay that way

[Anonymous]

ZERO. Jesus Christ.

[Anonymous]

5% but in the form of beautiful jewelry you wear

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have about 40k in gold (low cost basis, maybe 10k?) and probably 100k fmv jewelry but thats family inheritance. Would only sell if it’s a real emergency.

I might add some as a hedge in the future assuming gold drops a bit. But would not put more than 5-10%.

Jewelry is not an investment.

That’s an odd statement. It’s at least worth its precious metal/gemstone content…but certainly Tiffany or other antique jewelry can be an investment the same as artwork can be an investment.

[Anonymous]

Age 65, I have all in stocks and bonds and my paid for house.

I do have some gold jewelry that I like to wear.

[Anonymous]

At mid-50s, I have 1,100 physical ounces of silver, 13 oz of gold and 12 oz platinum. Mostly American Eagles except for some Silver bars. All bought around 2015-2017. I would never own paper claims on precious metals via an ETF. Too many contract claims for each ounce of precious metals.