My ideal weight...in metals?

Weiss

Going over my records, my estimates, my accounts, holdings, blah blah blah I came to the realization last night that I was pretty much done buying metals.

I've got the ratio I wanted of metals, the % of net worth. Most of what I have is if not in the ideal form, at least an acceptable form that I'm comfortable with.

I've got a fair amount of real estate, a little paper, so the values and percentages can shift and sway. The "portfolio" will always need to be fine tuned.

I'm also a coin collector since early childhood, so I can't just turn off the metals fiend tap. I still love acquisition, even if its tiny bars or a little 90%.

But I'm kind of at a plateau. I don't feel a burning need to acquire more. In fact I think I'm at risk of going heavy into metals at the expense of my other assets. I guess that's when you know you're an addict

Kind of strange. In a good way. I kind of feel like it's graduation day and I got pretty good grades.

Anyone else at or near their ideal weight?

1jester

Congratulations! Does this mean we won't be blessed with any more of your lunch acquisition threads? Somehow I doubt that.

mhammerman

I'm with you, Weiss. Back to collecting but I have to note that some of the modern gold I got from the mint like the deep dish saint and the fract buffs have done quite well in value as have the some of the W age's so having metal and collectibles are not necessarily mutually exclusive. It is pretty hard to stay away from the pre'33 branch mint stuff so back to the hunt. Thanks for all your adventure stories and pics.

Coin On!

OPA

Likewise, I'm finished with accumulating PM's and plan to unload them slowly when the price is right. Getting back into modern Mint issued gold.

Weiss

<< <i>Congratulations! Does this mean we won't be blessed with any more of your lunch acquisition threads? Somehow I doubt that.

>>









Last one of these he had. This one is still sealed in the deluxe 2 mil thick, heat sealed plastic wrap

ksammut

<< <i>Going over my records, my estimates, my accounts, holdings, blah blah blah I came to the realization last night that I was pretty much done buying metals.

I've got the ratio I wanted of metals, the % of net worth. Most of what I have is if not in the ideal form, at least an acceptable form that I'm comfortable with.

>>



I wish I could say the same but need to increase my PM holdings another 5 to 7% of my net worth.

tydye

Not done but I am on hold until 18+ stabilizes or goes under

1jester

<< <i>

<< <i>Congratulations! Does this mean we won't be blessed with any more of your lunch acquisition threads? Somehow I doubt that.

>>









Last one of these he had. This one is still sealed in the deluxe 2 mil thick, heat sealed plastic wrap >>



LOL. Those are very pretty bars and I'd jump on them in a heartbeat too.

I've found that though I'm more comfortable with my stack now, and don't go after all bars so avidly, I do still collect, and am still accumulating gov't bullion and the odd interesting kilo bar.

gecko109

Say it aint so Joe, say it aint so!


If you listen to 10 different financial advisors, you are likely to get 10 different answers on how metal heavy your portfolio should be. The point being, they dont know any better than you what that "sweet spot" should be. I respect your decision to apply the brakes, but I dont like it. You have always posted such nice pics of your aquisitions, and I always open your threads with the anticipation of a 4 yr old on Christmas morning! Like a true addict, I just dont know when to say when. Perhaps you could give me real number percentages in a PM if you are comfortable so I have a comparrison to what im doing. Not that I walk around wishing I was Weiss, but being in your spot I would assume is a VERY comfortable one financially!

Weiss

It's all good.

Just like you don't keep buying life insurance when you've got enough to cover your needs, I don't need any additional asset protection from metals.

And let me reiterate: I'm not going to stop buying entirely. I'll need to tweak a little here and there, and I guarantee you I'll continue to make stupid purchases occasionally as always. But pending rapid value fluctuations in my other stuff: I'm good. And FWIW: I'm NOT selling (my palladium this morning excluded).

My ratio is freaky close to spot-on at 20:1 silver to gold, especially given that I've got some very odd weight silver and gold stuff.

The value is roughly (very roughly) 10% of net worth. It's very difficult to determine what actual value is on real estate right now--some of my properties I've owned for nearly 20 years. I've seen an incredible number of "SOLD" signs on property here in town in the last week or two, and we're fortunate that we missed most of the bad stuff anyway.

I suspect many in the metals world would think 10% is low. I wouldn't feel comfortable with 20%. I'm very low debt to asset ratio with the rest of my stuff, so I have considerably less exposure that needs to be covered. I'm also cautiously optimistic about the future. To me 10% is comfortable and responsible. Right now, at least.

CaptHenway

My ideal weight is 195 pounds. I would settle for that...in gold!

gsa1fan

<< <i>My ideal weight is 195 pounds. I would settle for that...in gold!

>>



I'd settle for the 50+ pounds I could loose! In gold!

pragmaticgoat

What should one do if their PM portion of their net worth doubled in the last five years due to appreciation in price?
Say their current allocations are: 46% Metals, 36% Real Estate, 16% coins, 2% cash, and No Debt