Stacking goals?

[vw1972]

I stack gold for child savings, so its not gonna get sold, but handed over to my kid in when he turns 18. I buy one oz gold coin a year.

 

I stack silver only for investment. I buy the cheapest coins, only in tubes. I buy krugs, maple leafs, eagles, philharmonics. These coins are the most known and produced in largest numbers, and therefore easiest to sell again. My goal was 1000oz but now the price is to high, so i only reached 550oz. Im waiting for the next recession to set in, and the silverprice to rise, then i will sell. 

I think the recession will set in maybe this year, but more likely in 2020.

[vand]

I have about 32% of my liquid net worth spread across physical PMs, ETFs and the gold mining sector, but I no longer have explicit "stacking goals". When you start out its easy to get sucked into The One Thing, whether they are PM stackers or VTSAX indexers, but a more mature approach considers the universe of investable assets and allocates their money according to a solid and diversified wealth-accumulation strategy.  

When you hear Jim Rogers saying that "he owns dollars, he owns farmland, he owns stocks, he owns gold etc" read the subtext of his message... he's smart enough to understand the benefits of holding a bit of everything, so that something is always working for him. 

[vand]

6 hours ago, vw1972 said:

I stack gold for child savings, so its not gonna get sold, but handed over to my kid in when he turns 18. I buy one oz gold coin a year.

 

I stack silver only for investment. I buy the cheapest coins, only in tubes. I buy krugs, maple leafs, eagles, philharmonics. These coins are the most known and produced in largest numbers, and therefore easiest to sell again. My goal was 1000oz but now the price is to high, so i only reached 550oz. Im waiting for the next recession to set in, and the silverprice to rise, then i will sell. 

I think the recession will set in maybe this year, but more likely in 2020.

Silver actually has a very good track record of Crashing with an oncoming recession: 

https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart

(note the grey areas)

[silvernewbie]

New to gold and silver physical holdings, but think fiat money is going to become worthless in the future and PM will be the new currency! Mostly investment purposes but i am falling for the coins!

[vw1972]

23 hours ago, vand said:

Silver actually has a very good track record of Crashing with an oncoming recession: 

https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart

(note the grey areas)

If it crashes I just buy more. Win/win, im very patient, so it will rise soner or later. 

[ChrisF]

3 hours ago, vw1972 said:

If it crashes I just buy more. Win/win, im very patient, so it will rise soner or later. 

Indeed, fall to the floor I have cash waiting 😀

[blindguy]

In 2008, I think about then silver was around $8 a ounce and by April 2011 it was $48 or so. If silver pulls back I will buy all I can. Gold also!!!!

[vand]

Yes... that is what happened last time. There is also precedence for it falling and then staying in the doldrums for years afterwards. Nobody knows how it will play out.

For sure, I think we are in a bull market, but my advice is not to expect exactly the same thing. Markets are not easy like. By having a diversified strategy and holding a bit of everything, you stand a much better chance of catching and profiting from big moves.

 

[SolidStateGamer]

When I first started, it was really tough figuring out what sort of goal to set for myself. I'm shooting for 100ozt, but I do not plan on stopping there.