How Much Gold Should You Buy? It’s (Probably) Not What You Think
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- Опубликовано: 1 июн 2024
- Every investor wants to know what the ideal allocation in a portfolio should be. But the answer to this is complicated, as investing is a highly personal decision. To gain some clarity on this subject, we looked closer at the data to see what the average goldbug might use as guidance. We also address some of the common questions we’ve received from customers such as “should I convert my entire portfolio into gold”? Spoiler alert, we are fans of diversification as a risk reduction strategy. Today’s video should provide insight on how to research this topic further and consider how much gold to buy in a way that helps you apply your personal saving and investing philosophy.
This video does not constitute financial advice, and we encourage our audience to speak with an advisor about their personal finances and goals when setting a target allocation.
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You can never have too much gold.
$75.00 Double Eagles purchased in 1965 continue to do very well for me!
In U.S. we weren't allowed to buy gold until 1974
Banks get fined millions of dollars for making billions in profit. I hate the system. This is why I buy gold.
The system is going to change. They plan to tokenize gold. Looking to a company called ripple. XRP and xlm will be part of the future. Good luck
Yes sir, entire portfolio into gold.
I get my Gold and Silver from APMEX ❤
Me too! BONUS!: I live in Dallas, TX. I get one day or two day shipments from APMEX being located in Oklahoma City, OK.
This is what I do. Knowing that debasement of currency is never going to stop. I use gold as my savings account. The bank savings account or physical cash stash is just for an emergencies. So as far as percentage it's irrelevant to me. Simply keep a set ammount of bank savings, cash, and then convert extra currency as is comes in to gold.
Most underrated and ignored comment here 👍
That's basically what I do, except I don't keep any extra money in the bank...just what I need to pay the bills.
If you don’t trust the banks and fiat currency, wouldn’t it make more sense to have a much higher percentage in Gold and Silver, so when the currency collapses you will be in a good position to prosper?
I'm thinking the same and also thinking how much cash I need to keep at hand for potential future expenses.
It also depends on if you're a baller or not.
It really just depends on if you can be bothered to actually buy stocks regularly.. if not.. getting addicted to gold seems like a nice way to save money.
Sure, it doesn't directly gain value.. but compared to simply holing money in a savings account, it basically is like watching your money grow.
I wish the premium on fractional silver and gold wasn't so ridiculously high.
Go 75% in gold and silver. It has been out performing the stock market for years.
Great stack!, I’ve only managed to accumulate 13 gold and 520 silver past three years., almost half of my earnings since I’m setting up for living off the grid and hardly no debt., doing both at the same time., wealth preservation and self sufficiency., both strategies do make sense.
I feel precious metals are a safer loss than other items. I feel precious metals are a safer investment with less of a risk of failing. My question is, how long do you hold onto your precious metals before you sell....tyvm.
2 years before I retired, I moved my 401k into precious metals, its doing well so far....
The way I look at it is if you are not at least 80% gold or silver in physical form you are not even trying.
Great advice! I'm an Apmex customer myself and I love the service. Just wish the premiums were a bit lower, but I don't have anything bad to say about my experience with Apmex. 👍
Well thought out. Thank you for producing this video.
I see it as a hedge against the US Dollar. The US Government will find itself in a debt death spiral if deficit spending policies are not corrected fast. They already have 8 trillion that was near 0% renewing at 5%+ next year. I know the pattern because I went bankrupt myself 10 years ago. The first thing that happens is your 0% balance transfers go away and the debt costs you more. You can’t pay it off. Like just about everything, it goes slowly at first and then very fast.
In Islam, more than 85g gold is considered rich because when one get to that limit they need to give alms/charity around 2.5% of the total you own. The alms will be distributed to the poor, needy, single mothers, orphans. The same goes for silver which if you reach the threshold of more than 595g you need to give 2.5%. The conditions for both gold and silver to give alms are they need to be in your posession for one full year. If your gold and silver is less than 85g and 595g respectfully, you don't need to give alms. 😊😊😊
That's why I'm Catholic.
84.99 I think I am good.
Wow! That's not much at all. And is a reasonable expectation to achieve. Unfortunately Americans are gluttonous and think you have to have hundreds and thousands of oz for it to mean anything. Peace be unto you and yours ❤
What you can afford.
how can you know what you can afford?
Have been watching several precious metals chanels and your's is one of the best. I really like the rational and technical tone. Cheers!
Just like stocks prices go up and down, but at least it won’t go to zero
Great video and content. Thanks for sharing.
Excellent content, thank you .
always excellent content. If you get a chance to start EQ'ing the audio those lavs are kind of heavy on the bass end with not much top end making it kind of harder to hear some of the articulation of his words. Thanks for the video!
Wow look at those .9999 maples shine in the line up. Why would you buy anything else, thumbs-up
A better buy than eagles!
That's the million-dollar question !
How much gold you need? Well how much money do need Because Gold & silver are money Period...
Ignoring all other asset classes and only investing in two: currency in a bank (earning interest) and gold. You would know that your currency in a bank is being inflated away through central bank "money printing" at a greater rate than you earn interest from the bank. This is why gold always appreciates in value over the long term because the fiat used to measure that value is always depreciating.
Totally true. Dollar costs 40 times less for the last 50 years, from 0.8 grams to 0.02 grams of gold per dollar.
Very sound advice!
Thank you. 👍💪🙏
I don't know why we always have to talk about this in terms of percentages. It's much more simple than this. 3 to 6 months of living expenses in physical cash held outside of the banking system. Enough Silver & Gold to account for your expected lifespan. For the average middle class American, this is going to mean 900 ounces of Silver & 36 ounces of Gold per year or 350 ounces of Silver and 43 ounces of Gold per year. If you're in the upper middle class, just double those numbers and multiply by at least 10 or the number of years from right now that you expect to live under ideal conditions. Start thinking in ounces instead of percentages. Stick with 22k Gold coins, preferably Eagles, but have a few Krugerands as well. Smaller increment Gold is more liquid on a local level, and having a variety of Silver in 1 ounce increments and fractional 90% is your best bet.
Per year? You know some VERY well off people.
You should add a disclaimer at the end saying- " I know, I know that 500 oz. of Gold and 15,000 oz. of Silver is more than beyond the reach of just about everyone on the planet, and currently, King Charles doesn't need that much for living expenses, but I let my calculator run a little wild and this is what I got."
Percentage of what exactly?? Your total assets value (house, stocks, guns, etc)??
Percentage of portfolio - it's difficult to get more precise than that since everyone has money in different investments, some quite complex. Good question.
If not investing in actual real money, what would you suggest (other than real estate).
Interesting. We're at 12.5%. It just felt right.
When you speak of a portfolio, and in particular what percentage to attribute to gold, what assets comprise the portfolio? Cash? 401(k)? Stocks? What about real estate? What other kind of property? I realize it will vary, but generally speaking, what makes up 100% of one's portfolio?
I consider anything I could sell as an asset and lowball the estimate. Ie- My house, car, guns, stocks, cash, and metals are my net worth. My appliances, food, furniture, clothing has virtually zero resale value so I don't count them.
@@michaelearlgreydon’t majority of cars depreciate in value though barring certain kinds
@@michaelearlgreyI’m not sure what the resale is like with guns, but I feel like property gold stocks etc if left five or ten years will have appreciated Vs most cars, you would have to pick something you know will hold or gain in value
My 2 Cents: 1) Keep these metals at less than 5% of your net worth if your net worth is below $500K. For every $250K above that, you can increase your metals by 1%. 2) With credit card interest hovering around 21%, NEVER stack if you have cc debt. 3) Metals are “savings”. Some will argue they’re “investments”… they’re not, unless you’re holding for more than 10-20 yrs. Invest in no-load mutual funds, established dividend stocks, real estate and fixed income deposits (CDs, $ markets) while you stack. Stacking is smart; diversification is NECESSARY.
Then what happens in an over night dollar devaluation or a bail in? You will only still have 5% of your net worth.
5%? The dollar is becoming worthless
5% would be fine in a sane, functioning economy. Today's economy is an athlete with terminal cancer. Looks great right now but the tumor is already untreatable.
LOL.. what a load of crap. "Experts" will never make you rich. The stock market is doomed. Precious metals prices are being suppressed. By Xmas 2023 the US Dollar will collapse. 190 banks on the verge of collapse, Citizens was on that list.
@@mikalsweeny3143 Yes if they only saved 5% they would have that much in precious metals that will still have value but lose the other 95% of their holdings to the dollar collapse.
20% metals for me. Mostly gold.
20% is the sweet spot, apparently 🤷♂️
Gold investing at 20% is fine if you trust banks and Wall St. with 80% - I don't. Anything less than 50% is like playing roulette with monopoly money to me.
You can never have enough. 🤷♂
I've always wanted a big, pirate chest in my secret room [ yes, I do have one ]. When opening it, I wanted to see it filled to the top with gleaming gold and silver with a few jewels here and there to add sparkle. What's wrong with that?
Which investment forms suggest more than 10 percent portfolio into gold? It was my understanding 10 percent was the highest number, not the low, so just checking objectively. Thanks
Do you endorse selling silver to buy gold? What's your view on this? I bought too much silver imo and now think I would of been better off with gold coins. Silver price right now is high!
We have a video coming out in the near future that lays out the "rules of thumb" for trading the gold to silver ratio! Keep an eye on out on the channel for it. We don't have any official position on the strategy itself and can't endorse a particular tactic, but some people swear by ratio trading. We'll show you some things to avoid and some things to look for in the upcoming video if you want to give this a try.
PM investors say that silver is so undervalued now that it makes no sense to convert it to gold, which is priced at almost historic highs. When price ratios change and get closer to the historic 20 to 1, then it's time to convert to gold.
Cheers 🥃
PMs have helped me because I don’t trust me! If I have funds in savings, I spend it, same with cash at home. So PMs become my savings because I can’t readily spend it.
Is gold really worth it to buy ? In terms of the short term considering taxes and overall cost of upfront purchase then trying to resell when I actually need the liquidity, is physical or gold stocks more worth the cost ? Because it seems to be when people speak of gold their not being specific to the short term or Long term approach to justifying the purchase. Let me know your thoughts , thanks anyone
It can be. Many years ago I was lucky enough to buy gold when it was under $300 per ounce. Some time later I sold my gold for a modest profit, because I needed the money for a major expense. Is it a good idea to buy gold as an investment right now? That's a tricky question. Gold is up near its all-time high. Fans of gold will claim that it's going to keep going up forever, but take a look at the long-term chart of gold prices and it'll give you pause.
@@michaelschachte3583 it can be, and it cannot be. great answer, o wise one.
I like goldbacks, I know the mark up price but it also makes it possible to own gold pretty easily. Nice art work on them as well.
so how many goldbacks should you own
Wouldn’t some one want actual money (as opposed to fiat money) as their investments.
no
All the gold.
Yeah this made sense to me, not too technical, easy to understand, and that guy seems nice!
Thank you! We're glad you liked it!
I wana know ounces, not percentages 😊
In these times more PMs and less fiat is proving to be wiser IMO
name just one time that has not been troubling.
Most people have zero percent in gold one would think by now with all the shit going down that that would have changed. Must be manipulation!
why can't it be stupidity?
Real economics is not taught in schools and almost everyone believes paper is money, investment advisers say " Gold doesn't earn any interest", and others say"Gold is an outdated relic from the past." I've heard "Ignorance is bliss"- We will see, won't we.
about 15%
I like the .9999 over the .999
some people do. people like you.
Colloidal Silver can be made at home and is the world's most broad-spectrum antibiotic, antiviral, and antibacterial [fact]. Because its use is medical and will be in your bloodstream, use only .9999 purity silver, not .999, except in an emergency.
👍👍
When you have no home or money, how much gold or silver should the poor have?
Probably none- invest first in your necessities for survival. Life is more precious than gold. When you can begin to think about saving for the future is the time to start thinking about investing
The Fed controls the price of Gold. Did you not know that? If you are looking for safety pay off your bills and stack food and water
The comments aren't full of fake investment advisor advertisements yet? Cool.
We try to delete those when they come in. Some of them are sneaky.
You mean you don't respect the prestige of Sir Antwon Kingsley who made me a profit of $345,778 on an $8 investment??😅
I'm sorry . . . But 5% or 20% of what ? ? ? Og my yearly gross ? . . My bi weekly check ( after tx or before tx) . . Again . I'm sorry . . I do not understand 5% of what ? ? ?
If I understand the video correctly that's a percentage of your total investment portfolio. For example, if you have $100,000 saved up for retirement in stocks, bonds, your bank account and so on, adding 5% gold to your portfolio would mean getting $5,000 worth of gold.
@@michaelschachte3583 if you have 100k, how can you add 5K just like that?
Hello 👋👋
I believe in Minimum 1 Kilo 😊( 86 Tolas)
#MuchGoldInPerú. #APMEXCoinGoldSolPerú.#GoldBar400Ouncens. Saludos.
The worst advice you can get is from a financial advisor...
How much is enough? Try to hit 50 ounces of gold and 1,000 ounces of silver per person. That is 100 ounces of gold and 2,000 ounces of silver per married couple. That is enough.
BYOB... Banks are never safe. Keep what you need i there. Bail in???
It's a personal choice, in my case I went with a percentage of NW.
what %?
Yeah, what ??
Well I have a channel called two brothers stacking and we don't buy gold just silver.
Are u gonna eat the gold when everything goes to crap? I’d buy ammo n food that lasts. One Dorito or bean is worth more than a diamond of any size if you are starving
You're not wrong but if you actually have serious money you'll eventually run out of space and shelf life. I had preppin food going bad before I could eat it so I started into metals. Ammo has a great ROI. Plus there's a ton of scenarios where people AREN'T starving and the economy is collapsing. Hate to miss gains betting on the wrong item...