Why do you stack?

[Currawong]

Similar reasons to JP Shmorgan and The Crow really. How many interests/hobbies can a person have where spending money on that interest leaves you with goods which are still very liquid and a great way to save.
Also, there's just something about vintage silver and round 50's.

 

[-j-p-shmorgan]

Stacking = Saving cash. For those like myself who suck at saving $ ...... being able to buy PM's is a great form of savings/retirement for later in life.

This may or may not be the case. Take a look at the Kitco spot charts for the last five years. Yikes! If you're a serious stacker with a big stack and you can look at the 5-year charts without getting seriously depressed, I can't imagine why. On the other hand --- If you're a newbie and just starting to stack right now... That's probably (?) a good thing. There isn't too much room left between present silver spot and where you'll have to pay people to take it off of of your hands.

You only lose money if you sell for less than you paid.
Metals will have their day in the sun again....just like everything else.
Everything goes in cycles. May take 30 years...but I'm young.

 

[Rick SA]

I began to collect silver and gold primarily as a hedge against currency deflation in the long term and also to add another dimension to my retirement funding one day. I believe in a balanced portfolio of various assets which in itself is a hedge against one of your asset classes under-performing. Silver attracts VAT at 14% in South Africa which is a negative but Krugerrands do not.

 

[wrcmad]

You only lose money if you sell for less than you paid.

:lol:

 

[Caneorange]

I stack as a percentage of my wealth. I try to keep between 5-10% of my assets in physical metals, 5-10% in cash, 40-60% in stocks, 5-10% in bonds, and 20-25% in real estate.

I choose gold vs silver based on GSR and since I am still in the "growth" phase of my life and career I typically just add at the current moment each month to the % that is out of whack. Thus right now I am heavy buy silver until my percentages get out of alignment and at that point I will change to the new low man.

 

[sammysilver]

Stacking = Saving cash.
For those like myself who suck at saving $ ...... being able to buy PM's is a great form of savings/retirement for later in life.

AND
You get a better return than spending it on drugs & hookers

I've taught you guys all I know, and still you know nothink. Do both.

 

[spannermonkey]

Stacking = Saving cash.
For those like myself who suck at saving $ ...... being able to buy PM's is a great form of savings/retirement for later in life.

AND
You get a better return than spending it on drugs & hookers

I've taught you guys all I know, and still you know nothink. Do both.

Your NOT meant to admit to it though

 

[Jislizard]

Precious metals are one small fraction of my saving strategy. They are part saving and part insurance.

Most of my numismatic coins aren't even made of precious metals.

For income generation I have other investments.

If all goes well, then my silver and gold will not do anything spectacular. If it all goes a bit pear shaped then they might go up in value.

I used to look at my silver coins and try to put together sets but the novelty wears off after a while, completing sets is a way to overpay for silver on key dates and the coins just get a cursory look before being chucked in a pile with all the rest.

I still collect pre dec coins as they don't have any onerous storage requirements. If I could be bothered I would start trading out my fancy coins for bars but it looks to be a lot more trouble than it is worth.

I still keep an eye on the Gold:Silver (GSR) for my Self Managed Superannuation Fund but don't pay such close attention as I used to.

 

[sammysilver]

AND
You get a better return than spending it on drugs & hookers

I've taught you guys all I know, and still you know nothink. Do both.

Your NOT meant to admit to it though

Okay then, I don't stack.

 

[Holdfast]

Ask all the dealers why they stack? :lol:

 

[-j-p-shmorgan]

Ask all the dealers why they stack? :lol:

Do they? They can always get it close to spot....and it's been declining for 4 years? :|

 

[Holdfast]

Or...if their business tanks, it's easier to off-load precious metal than any other product.

Edit

Well...nearly any product!

 

[Golden ChipMunk]

Ask all the dealers why they stack? :lol:

Ask The Mints Why they Stacks??? :lol: :lol:

 

[The Black Ram]

Thanks everyone. Looks like a lot of varying points of view.

I stack as a hedge with only around 15% max of my portfolio in PMs. Also I just really like Silver a lot (I can't explain this one).

When I started stacking I was really into the thoughts around complete world economic meltdown just around the corner. In the time since (about 4 years) I have calmed down and think that although PMs have a definite role as money and should be part of every portfolio, I should really have all asset classes as part of a balanced investment portfolio. Sure bad economic events are very possible and market crashes are a definite on a regular timeline, but going all in on PMs is not something that I can see as investing.

 

[-j-p-shmorgan]

Thanks everyone. Looks like a lot of varying points of view.

I stack as a hedge with only around 15% max of my portfolio in PMs. Also I just really like Silver a lot (I can't explain this one).

When I started stacking I was really into the thoughts around complete world economic meltdown just around the corner. In the time since (about 4 years) I have calmed down and think that although PMs have a definite role as money and should be part of every portfolio, I should really have all asset classes as part of a balanced investment portfolio. Sure bad economic events are very possible and market crashes are a definite on a regular timeline, but going all in on PMs is not something that I can see as investing.

When silver is $5/oz, you'll have a change of heart on the all-in stance.

 

[The Black Ram]

Thanks everyone. Looks like a lot of varying points of view.

I stack as a hedge with only around 15% max of my portfolio in PMs. Also I just really like Silver a lot (I can't explain this one).

When I started stacking I was really into the thoughts around complete world economic meltdown just around the corner. In the time since (about 4 years) I have calmed down and think that although PMs have a definite role as money and should be part of every portfolio, I should really have all asset classes as part of a balanced investment portfolio. Sure bad economic events are very possible and market crashes are a definite on a regular timeline, but going all in on PMs is not something that I can see as investing.

When silver is $5/oz, you'll have a change of heart on the all-in stance.

Please let me know when that will happen. A date will be fine in dd/mm/yyyy format please.

 

[-j-p-shmorgan]

Thanks everyone. Looks like a lot of varying points of view.

I stack as a hedge with only around 15% max of my portfolio in PMs. Also I just really like Silver a lot (I can't explain this one).

When I started stacking I was really into the thoughts around complete world economic meltdown just around the corner. In the time since (about 4 years) I have calmed down and think that although PMs have a definite role as money and should be part of every portfolio, I should really have all asset classes as part of a balanced investment portfolio. Sure bad economic events are very possible and market crashes are a definite on a regular timeline, but going all in on PMs is not something that I can see as investing.

When silver is $5/oz, you'll have a change of heart on the all-in stance.

Please let me know when that will happen. A date will be fine in dd/mm/yyyy format please.

Please see the "God TA" thread. Sorry to disappoint, but I am not Him. :lol:

 

[The Black Ram]

When silver is $5/oz, you'll have a change of heart on the all-in stance.

Please let me know when that will happen. A date will be fine in dd/mm/yyyy format please.

Please see the "God TA" thread. Sorry to disappoint, but I am not Him. :lol:

No thanks. I try to stay out of Religious topics. :lol:

 

[-j-p-shmorgan]

Please let me know when that will happen. A date will be fine in dd/mm/yyyy format please.

Please see the "God TA" thread. Sorry to disappoint, but I am not Him. :lol:

No thanks. I try to stay out of Religious topics. :lol:

:lol: Much like political debates - there seems to never be any clear "winner".....
But it's still interesting to hear lots of perspectives. :lol:

 

[prankster]

I'm a prepper. Our nation is in the hole for $18 trillion. It would take you one week to count to one million-it would take you well over 32,000 years to count to ONE TRILLION.