Survivalist Pro
Photo by Ksenia Chernaya Pexels Logo Photo: Ksenia Chernaya

How much gold should your home have?

Looking at gold, silver, and other precious metals, financial blogger Len Penzo points out that many experts recommend holding 10 to 20 percent of your net worth (excluding home equity) in precious metals.

What is the #1 game of the year?
What is the #1 game of the year?

As of The Game Awards 2022, the most recent winner is Elden Ring, developed by FromSoftware and published by Bandai Namco Entertainment....

Read More »
How much should a week of groceries cost for one person?
How much should a week of groceries cost for one person?

For individuals 19 – 50, here's what those guidelines say you should be spending each week on food (actual number depends on age and sex): Thrifty:...

Read More »

How Much Gold & Silver Should You Consider Owning?

Some analysts recommend allocating five to ten percent of your portfolio toward gold and silver. Others suggest allocating up to 25 percent. So how much gold and silver should you own? It depends on your situation and needs. The allocation will differ for every individual. To help you decide how much gold and silver you may want to consider owning, we’ve gathered insights from across the country.

How Much Gold Should You Consider Owning?

Recommendations for how much gold you should keep in your portfolio vary.

Looking at gold, silver, and other precious metals, financial blogger Len Penzo points out that many experts recommend holding 10 to 20 percent of your net worth (excluding home equity) in precious metals. Jerry Wagner, founder and president of Flexible Plan Investments LTD., agrees with Penzo. In 2013, he launched the first and only registered mutual fund offering exposure to gold bullion and argues that a “20 percent allocation to gold is the appropriate exposure for a traditional portfolio of 60 percent stocks and 40 percent bonds.” Free-market analyst Harry Browne pushes this percentage still higher, advocating for a portfolio that’s equally comprised of stocks, bonds, gold, and cash—putting each allocation at 25 percent. Meanwhile, market guru Jim Cramer, host of CNBC’s Mad Money, suggests maintaining a gold allocation of up to 10 percent. “I think that 10 percent is the upper limit because I consider gold as an insurance policy, and no worthwhile insurance policy should be 20 percent of the money you have [in your portfolio],” Cramer says. Nicholas Colas, the co-founder of DataTrek Research, also believes in an upper limit of 10 percent for gold allocation. “Gold does tend to provide diversification benefits during periods of inflation and/or market stress,” and greatly appeals to those who are “passionate about the risks they see in the economy and the stock market,” writes Colas.

MarketWatch journalist Mark Hubert assigns a lower allocation to gold: four percent.

Hubert says four percent “is a good place to start in determining your portfolio’s default allocation to gold. You would deviate from that allocation only if you believe you have reason to believe that investors worldwide, collectively, are wrong about gold’s [price] relative to the stock and bond markets.” Personal finance website The Balance strikes a balance, recommending a range of five to ten percent for holdings in gold.

Why can't you can eggs?
Why can't you can eggs?

Eggs are too sensitive, too volatile for the pressure canning method. The heat is too high and too long and you have a nasty rubbery mess that you...

Read More »
Where do 9.0 earthquakes occur?
Where do 9.0 earthquakes occur?

Geological evidence shows that earthquakes at or near a magnitude 9.0 have been happening along the Cascadia Subduction Zone for thousands of...

Read More »

“Depending on your situation and your risk tolerance, you might be more comfortable with a bigger or smaller share of gold in your portfolio,” the website notes. “In the end, gold can make a fine addition to your portfolio—as long as you know why you’re including it, and it helps you reach your long-term financial objectives.”

How Much Silver Should You Consider Owning?

As noted by CoinWeek columnist Al Doyle, every American should consider owning at least a little silver. But how much of your portfolio should silver make up?

John Roberts, founder and CEO of LiveLearnAndProsper.com, settles on six percent as his allocation for silver, with a recommendation of two, four, or six percent as a starting point (depending on your risk tolerance). “Of course, everyone’s situation is different. So you’ll need to decide…what works best for you,” Roberts writes. GuruFocus.com suggests an overall 10 to 20 percent allocation of precious metals, with silver making up a 30-percent share of that allocation if you’re aiming to preserve wealth. “Silver and gold belong in every balanced portfolio. There’s no magic percentage of silver and gold you should include,” GuruFocus.com advises. “Adjust your position in silver and gold according to your goals, your age, and the size of your savings.” What does that look like? If you’re growth-driven, you may want to allocate as much as 70 percent to silver and 30 percent to gold since “silver has a higher growth ceiling than gold.” And if you’re holding precious metals for the long term, “you have a greater chance of seeing a silver bull market,” GuruFocus.com suggests. Bottom line: The right amount of gold and silver will vary from person to person, portfolio to portfolio. Choose the precious metals allocation that brings you—no one else—peace of mind. Everyone has different financial goals and a different tolerance for risk. The allocations we present here are aimed at helping you find your ownership percentages for gold and silver. Markets change regularly, as do your life and your allocations. Call 1-844-307-1589 to get started.

What is the most popular survival game 2022?
What is the most popular survival game 2022?

The 15 Best Survival Games of all time [November 2022] Valheim. The Forest. Rust. No Man's Sky. Terraria. Grounded. 7 Days to Die. Don't Starve....

Read More »
What is the most popular game in 2022 offline?
What is the most popular game in 2022 offline?

Top 10 Best Offline Android Games You Can Find in 2022 Asphalt 8. Platform: Android. ... Alto's Odyssey. Platform: Android. ... Bloons TD 6....

Read More »
What is grade 3 in hiking?
What is grade 3 in hiking?

Grade 3 – Recommended for people with some hiking experience or average fitness. For these hikes, days may be up to 20km long, but you'll find many...

Read More »
What are the biggest food trends in 2022?
What are the biggest food trends in 2022?

A few popular flavors and cuisines we expect to flourish in 2022 are primarily from the Southeast Asian area: Indonesian, Malaysian, and Filipino....

Read More »