Depends i guess. Only around $600,000 at today's rate. Our gold and silver has come from flipping in the last few years. I was allowed to leave work to raise the kids and mummy is the main bread winner at the moment. That has brought us down to 100k a year, yet even on that i think we could do the 500ozt AU before retirement. I can see that people 0n 40k might have an issue though. We see the greatest upside in future to be with silver so we store that more than gold . At a guess i would say our ratio is somewhere in the region of 300AG/1AU or there about. Apparently the median income is $68,000 here in NZ so i can see the 500 ozt AU being out of reach for many though. I remember making $68,000 a year and thinking life was great and any raises would go straight in the bank. WRONG: Somehow for us no matter what we make we always seem to have the same amount of liquid cash 40k 60k 100k 200k doesn't matter. We gain more assets along the way , but CASH always seems to be at the same level. It is very strange. Edit:We will never have 600k invested in any single asset other than houses. If the poster wants to have 500 ozt of AU then good luck to them , but that would be far to risky for us
At first 50 ounces was big, then 100, then 250, I met my goal at 500 and now that seems too small. I think the biggest lifetime goal I would shoot for would be 5000oz. Taking a break at the moment though.
It's all relative. 1,000 oz of silver won't go very far in an expensive city, but it's quite a lot of money in 2nd and 3rd world countries. Personally, if you put a large percentage of your net worth into silver, I'd consider that a decent stack.
3 ounces is pretty good! I use to save old tin foil and cut them into squares, managed to get enough to make a hat. Then slowly move up to old screws and keys... after that it was bits of copper. So now I sell the hats to get some money for a bus fare to old building sites and collect scrap which I sell and finally buy my ounce of silver. Long process! I guess it's teaches one the true value of silver.
My first purchase of silver was a monster box, 500 oz. Haven't opened it yet. My goal from now til this time next year is 1000 oz silver and 12 oz gold. And continue that per year for the next 5 years. Making my first gold purchase no latter than next week. Just have to decide on Krugerrand or Maple leaf.
Let me know if you would like a few suggestions of the many cool things you can do with that monster box...
I just have it stashed away, until I buy a 2nd. Then I'll stack that one on top of it and go back to my "out of sight, out of mind" ways.
NO DEFINITION, Number, figure, weight or other parameter to describe a "decent stack size". Nevertheless, my idea of silverstacking is: AN OUNCE A DAY! Started in JAN 2015 and matching this goal for now. Occasional gold (Goldvreneli, Sovereign, Belgian or french 20 F gold, Austrohungarian 20 Kronen) is added to stack. HAVE FUN! My next goal: OWN BODYMASS IN SILVER (Have to PUT ON FUNDS or LOSE non-monetary POUNDS to reach this BEFORE 2020 KEEP ON STACKING EVERYONE
My plan is to hold on to my stack for as long as it takes as a safeguard against economic disaster however if spot price goes to double what I paid I intend to weigh in half so the half I have left is effectively 'free' and this way I won't need to worry if it goes up or down. I will not be listening to the financial experts or silver pumpers if I see double what I paid half gets sold no matter what. This means I need to hold enough silver that if I do weigh in half I still have a meaningful amount left, I am by no means well off so I have set my desired stack target at 600 oz of silver and 20 oz of gold. I feel if I ended up with 300 oz of silver or 10 oz of gold that is still enough to do some damage with if the prices ever do go through the roof.
