how many ounces is your end target

ego2spare said:
If u can stack 15kg in a year, just cos, u are not a low income earner
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As far as the ATO is concerned, "low income" is anything under $37,000 p.a.

Average Weekly Ordinary Time Earnings are just under $75,000 p.a.
 
My stack will be weighted to all my other assets and investments. So no limit.

If I had a savings stack, I would calculate an affordable amount each week, say $100, over a 25 year span. Or for your planned retirement age. Approximately 5000oz, but the higher PMs get over that period, the lower the remaining target will get.
 
So in the short term, as long as I have enough to lay out on the floor and roll around in...I'm happy.
In the long term, if it only takes one trip to carry my stack to a getaway car...then I probably don't have enough.
 
same number of ounces as at the start of the year - whatever that is - lost track

I think some might have fallen off the back of my boat though
 
I do not set goals to pursue when I deal with silver ... coz couple of times I set the goal, almost achieved it, then I got very nice offer, and ooops, goal is missed by big number

so instead I decided to enjoy stacking, with the only thing that matters - average cost of oz ...
so, my end target is to have as much silver as possible with the average cost being zero (this is achievable) ...
 
craig12 said:
whinfell said:
Serious. House is always serious.
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he obviously dosent like silver then
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Oh I love me silver I do but I don't plan on holding on to most of it. It'll all be put to better use by moving into income producing assets instead so I can retire early ;) I'll hold on to my Kilo Aztec and a few bits of pre-dec but will continue stacking gold.
 
Eureka Moments said:
My end target is zero.
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thats it, its only a means to an end
I am still chasing my dream boat 1 day thanks to precious metals.
Probably end up with a tender. :rolleyes:
 
N+1 is my target. N is the current number of ounces that i have.

I picked this up from cycling/car/bike, the answer to the question "how many bike/car/house do you want to have". The answer is always whatever you have now. And plus another one.
 
I reached my target then sold most to subsidise a lifestyle. I'm with House, the end game will only be a few key items that i want to keep for fun.
Metals are a savings tool to help achieve specific goals imo.
 
Ultimately would like to get to keep between 10-20% of my net worth at any one time and just adjust accordingly.

Alot of my buying was during the mid 30's/oz for silver in 2012/2013 when I was just getting back in after holding unallocated for a few years.

Modest paper losses since then but I still sleep soundly at night. Don't even think about the price drops just buy more when I can.
 
I am stacking based on a ratio I like 25oz of silver to 1/2oz of gold. So every time I purchase 25 oz of silver in bullion coins I will get 5 1/10oz gold coins and then repeat. I will continue until the price of silver hits my hold price (currently $26 per oz and I will adjust for inflation each year) and then I will hold and focus my attention either to gold or throw in my money to other income producing investments such as real estate or stocks. When it drops back below my hold price I will continue to stack again. I also have a sell price (currently at $50 per oz... I know it is a long way off but that is the point of holding my stack) so I have an exit. PM is where I put my spare money so if it tanks I'm not too far out knowing I just skipped some trips to the pizza shop or burger stand and if it does well than it's all good.
 
Unless it's a bargain I've stopped buying physical now, I've currently got 144 kg bars, just over 1000oz rounds, and 99 krugerands (May buy 1 more) and about 100 sov's. In 10 years time I plan on having non !
 
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