Stack Goals!?

[AuricGoldfinger]

Hi guys, just wondering what everyones stack goals are and what motivates you regarding PMs. For me i aim to have 100 Sovereigns 10-20 1oz Queens beasts/britannias and 20 KG of silver, i know to some this may seem a lot and to others not to much so open to all levels of stackers thoughts. Also interested in how diverse your investments are. For me personally currently 95% of my investments are in property hence why the larger investment in PMs is necessary to diversify. Thanks AuricGoldfinger

[FlorinCollector]

Personally im slowly building up silver brits on the group orders till hopefully i have about 500. I aim for 30 sovereigns right now currently only having 4. Finally aiming for the full set of qbs in gold 1oz bullion. Have the first 3 so far. Should be buying the 4th in the next month. What motivates me is knowing I have a decent disposable amount of wealth at my fingertips for A rainy day. 

[Roy]

54 minutes ago, AuricGoldfinger said:

Hi guys, just wondering what everyones stack goals are and what motivates you regarding PMs. For me i aim to have 100 Sovereigns 10-20 1oz Queens beasts/britannias and 20 KG of silver

Per year? Yes, that's about right.

My main motivation is to be able to go onto precious metals forums and tell everyone how wealthy I am and how poor they are in comparison.

Remember, the first rule of wealth...

[AuricGoldfinger]

@JCRJM thats good how long have you been stacking for? I picked up some silver brits in 2016 (only 12!) and have started properly about 6 weeks ago. I have 20 Sovereigns so far but hoping to build as quickly as i can while prices are low. Thats good to have the first 3 QBs ideally thats what i would like a full set but the premiums already on the griffin/lion/dragon are a bit heavy im thinking i may pick some extra unicorn/bull and try and trade at some point. And same as me its good to have liquid assets - ideally to sell when you choose but at least if your really stuck you have something rather than nothing for a rainy day

[AuricGoldfinger]

14 minutes ago, Roy said:

Per year? Yes, that's about right.

My main motivation is to be able to go onto precious metals forums and tell everyone how wealthy I am and how poor they are in comparison.

Remember, the first rule of wealth...

Woahhhh not my intentions atall. And not per year this is long term so if it takes 10 years or a life time to achieve then so be it, everyone has their own individual goals and I’m just curious as to what they are. If i have mis read what is usually discussed on these forums then i do apologise i am new here but my intention is certainly not to tell everyone how wealthy i am when although i have stated my goal i am nowhere near it as just starting. 

[FlorinCollector]

6 minutes ago, AuricGoldfinger said:

@JCRJM thats good how long have you been stacking for? I picked up some silver brits in 2016 (only 12!) and have started properly about 6 weeks ago. I have 20 Sovereigns so far but hoping to build as quickly as i can while prices are low. Thats good to have the first 3 QBs ideally thats what i would like a full set but the premiums already on the griffin/lion/dragon are a bit heavy im thinking i may pick some extra unicorn/bull and try and trade at some point. And same as me its good to have liquid assets - ideally to sell when you choose but at least if your really stuck you have something rather than nothing for a rainy day

Oh i checked my emails my first pms purchase was 18th of may 2015. I was buying random stuff just whatever i liked. I had a sell out not too long ago and it showed me that most of these coins dont retain their premium. Also some take a while to sell. So thats why im now sticking to sovs and silver brits. Easy to sell and if u do take a loss it is usually a couple of quid at most. 

[Roy]

You're ok @AuricGoldfinger. I'm a wonker at times.

Just remember, don't shoot in a pressurised aircraft! 

[AuricGoldfinger]

Just now, JCRJM said:

thats why im now sticking to sovs and silver brits. Easy to sell and if u do take a loss it is usually a couple of quid at most. 

Thats pretty much my thoughts - obviously no one like to loose money BUT if it helps as a saving method then why not save in PMs, even in the last couple months iv noticed a big change in my spending habits and that been good for me,  if i sold tommorow i would loose a bit but i would have wasted a lot more on stuff i dont need!

[FlorinCollector]

Yeh my spending is much different now. I dont waste a lot on needless things. The only bad one i have left that i need to stop is buying takeaways. It adds up a lot. 

[Roy]

@JCRJM what is your TASR? (takeaway to silver ratio?)

[FlorinCollector]

Ohh thats a good one @Roy not sure but sadly can calculate this weekend. Today i bought a dominos for the family cost £31. I also bought two silver brits to add to the group order from byb and it cost £28.75. So that is pretty bad. 2oz to 1 takeaway.

[Roy]

And everyone was happy! It wasn't wasted at all. 

Money well spent, as they say ?

[AuricGoldfinger]

6 minutes ago, JCRJM said:

Yeh my spending is much different now. I dont waste a lot on needless things. The only bad one i have left that i need to stop is buying takeaways. It adds up a lot. 

Haha, i really cant comment if i could convert everything i spent on takeaway/fast food to precious metals i think i would be very upset lol!

[FlorinCollector]

@AuricGoldfinger i would give one tip that i dont feel a lot of people mention but that might be just because i cant let go. I would try to keep birthday presents and christmas purchases of pms to a low of for special stuff. I have now got a few items that i probably wont let go of because of the memory they hold. Not good when looking in investment terms. My 1oz gold lion was a 21st present so hard to let go of now.

[JunkBond]

Good call @JCRJM

I am stuffed, I don't want to sell anything... what have I done.

[FlorinCollector]

Lord of the rings taught us nothing  

[AuricGoldfinger]

3 minutes ago, JCRJM said:

@AuricGoldfinger i would give one tip that i dont feel a lot of people mention but that might be just because i cant let go. I would try to keep birthday presents and christmas purchases of pms to a low of for special stuff. I have now got a few items that i probably wont let go of because of the memory they hold. Not good when looking in investment terms. My 1oz gold lion was a 21st present so hard to let go of now.

I totally agree with this thats why i intend to just stick to generic bullion - so far sovs (apart from the beasts). Reason being i think the more collectable stuff your more inclined to be attached to it. All my sovs are 2018 so if i did have to shift some they are easily replaced. Nice one on managing to get one as a gift I haven’t really told anyone apart from my partner about stacking plus my family wouldnt gift me something like that anyway lol. I know what you mean though but at least you have other things to sell first if you have to and thats something to try keep if you can, gotta be worth more to you than the gold content!

[JunkBond]

2 minutes ago, JCRJM said:

Lord of the rings taught us nothing  

"One who cannot cast away a treasure at need is in fetters'

[Agpanda]

My present goal is:

Graded silverpandas, keep replacing MS69 to MS70 for 1989-2001 all variations

Ungraded pandas, just buying 1 each year to get the serie going

As for gold I will slit my purchases 50/50 between pandas and lowpremium like sovs

 

[Roy]

@AuricGoldfinger, you've made some good choices of coin.

@KDave talks about a 'core stack' and I would say you are starting off well.

Is there anything else that takes your fancy? 

 

 

[AuricGoldfinger]

3 minutes ago, Agpanda said:

My present goal is:

Graded silverpandas, keep replacing MS69 to MS70 for 1989-2001 all variations

Ungraded pandas, just buying 1 each year to get the serie going

As for gold I will slit my purchases 50/50 between pandas and lowpremium like sovs

 

I think sovs are good because being able to purchase to the nearest sov depending on budget is useful. Say if youve got £500 you either have to try wait until you have double that to buy one oz or you can pick up 2 sovs with change and your not likely to spend the £500 before you get the the £1000 mark for an oz!

[AuricGoldfinger]

7 minutes ago, Roy said:

@AuricGoldfinger, you've made some good choices of coin.

@KDave talks about a 'core stack' and I would say you are starting off well.

Is there anything else that takes your fancy? 

 

 

Just the queens beasts series but as @JCRJM said coins that aren’t 10 to a penny your more likely to hoard! So want to get to a substantial level with the sovs before i pick some up. Also pretty sure at some point the sovs will get boring as it is just all the same but i kinda like that as core. Think i may regret not picking up some QBs now especially the bull and unicorn which are at good premiums but i just dont want to loose my momentum on the sovereigns by buying others too soon

[Roy]

Ok, but sovereigns will always be available and will always be a low premium. 

Have you ever held a coin and thought 'wow'!?

[Goldmick]

Why dont you buy some 1/4 gold bullion qb there not much more than sovs. I only buy sovereign.s now but same as you i love the qb coins but i buy the 1/4 gold and grade mine ive got all ms 69 so far. There lovely coins 

[Goldmick]

Nice coin.s