Home› Precious Metals

Cash or PM's ?

edmundfitzgeraldedmundfitzgerald Posts: 4,306 ✭✭
in Precious Metals
My question to you guys is how much cash versus PM's do you have right now. We're not including retirement accts.

My retirement is a state pension (which is hopefully there when I retire). I'm not counting on social security, but if it's there, then that's just a bonus.

I have a 2.5 to 1 cash to PM ratio as of now. So in other words 25 dollars in cash to 10 dollars in PM's. Again, this is seperate from any retirement funds.

Just wondering what you guys do. Reason I ask is because I'm thinking of going 1 to 1, but not sure if that's wise. Thanks.

Comments

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    As the saying goes..."don't put your eggs in all one basket." Your ratio is way to high for my blood. I'm limiting my ratio to 10 to 1 or 10% max in PM's, and if market conditions warrant, reduce that even further.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Mine is 30 to 1 PM's to cash. To each his own = what ever you feel comfortable with.

    I will admit if my savings account was paying decent interest I'd have more cash.

    I use my PM's as a savings account. If I need more cash I sell some.

    I also have twice as much numismatic/coin worth as PM's.
    Avid collector of GSA's.
  • pmcollectourpmcollectour Posts: 1,211 ✭


    << <i>Mine is 30 to 1 PM's to cash. . >>



    image
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    6 to 1 cash to pms. (very little is USD though)

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • jmski52jmski52 Posts: 22,825 ✭✭✭✭✭
    Mine is 30 to 1 PM's to cash. To each his own = what ever you feel comfortable with.

    I'm wit' you, man. I've felt comfortable in this position for about 3 years and holding.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>Mine is 30 to 1 PM's to cash. To each his own = what ever you feel comfortable with.

    I'm wit' you, man. I've felt comfortable in this position for about 3 years and holding.image >>



    I'm just following your advice & lead!image
    Avid collector of GSA's.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I always suggest your ratio should be whatever lets you sleep the best at night. Whenever, the ratio makes you lose a minutes sleep........ adjust.

    Sleeping weight is not overrated. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • derrybderryb Posts: 36,795 ✭✭✭✭✭
    I've been 95% PMs for the last four years since I put my savings in physical gold and silver. Best decision I could have made, so far.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,362 ✭✭✭✭✭
    In Feb 2009 I was all cash except for numismtic gold. Today the ratio is $1.17 cash for each $1.00 in PMs. I plan to stop buying PMs when the ratio is 1:1. Then it is time to focus on paying off the home mortgage early.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • gecko109gecko109 Posts: 8,231 ✭
    It fluctuates from month to month, but im currently at about an 8-1 PM to cash ratio. Since silver and gold is so easily liquidated, I dont feel the slightest bit uncomfortable being so heavy on PMs at all. In fact, even thinking of having a ratio of the opposite makes me cringe!
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    I'm about 1:1 cash vs. pms.

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>As the saying goes..."don't put your eggs in all one basket." Your ratio is way to high for my blood. I'm limiting my ratio to 10 to 1 or 10% max in PM's, and if market conditions warrant, reduce that even further.[/

    Same here. 10%
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • 1jester1jester Posts: 8,637 ✭✭✭


    << <i>I've been 95% PMs for the last four years since I put my savings in physical gold and silver. Best decision I could have made, so far. >>



    This describes my position better than anyone else. Mine is about 8:1 PM to cash (fiat money). But I don't see what the big deal is. After all, PMs are hard money, aka real money. Gold and silver are the ultimate form of money. Everything else is just pretend money, illusionary.

    imageimageimage
    .....GOD
    image

    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

    "Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5

    "For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
  • BBNBBN Posts: 3,761 ✭✭✭
    turth be told, none of it is worth any more than its acceptability and recognition. Therefore toilet paper is the best investment. image

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
    #2 1980 Topps Los Angeles Rams Team Set
    #8 (and climbing) 1972 Topps Los Angeles Rams Team Set
  • gecko109gecko109 Posts: 8,231 ✭
  • 30AnvZ2830AnvZ28 Posts: 1,619
    Im around 1:1 also.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>turth be told, none of it is worth any more than its acceptability and recognition. Therefore toilet paper is the best investment. image >>



    add cigarettes, coffee, nail clippers & soap bars. image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • yellowkidyellowkid Posts: 5,486 ✭
    Are we talking cash cash, or cash other paper investments, bonds, stocks, etc? If so I'm at about 15 to 1 "cash," and it is all in retirement accounts, because I am so disposed.image
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Self is about 30% PM/numismatics and the rest in retirement accounts and cash. This doesn't include car, house, stuff. As with Gecko, the metal is very easy to liquidate...but why?
Sign In or Register to comment.