How Much Gold Do You Need?

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How much gold do you need? Typical advice is to have 3-5% of your portfolio allocated to gold at the low end and 5-10% at the high end. But that leaves out definition of your portfolio, it overlooks age and retirement timeline, and it ignores the typical parabolic asset ownership pattern of people as they increase in age. Let's take a closer look.
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Опубликовано:

20 июн 2024

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Комментарии : 355

@joshvaughan3403 Месяц назад

Funny how I never get tired of watching a still frame of some stranger's gold and knife collection while he rambles about the metals... am I getting old? I'm getting old.

@miggatron2000 Месяц назад

Out of curiosity, mind if I ask your age? I am 21

@ponolovefarms3926 Месяц назад

We’re getting old

@LarryBird2233 Месяц назад

I remember when my life was all about gettin fucked, gettin fucked up, and uhh well that was pretty much it. Now I’m in my 30s with a family, a steady career, and find myself listening to financial audiobooks…I literally became what I thought I never would, the average Dad! But these white New Balances stay fresh for when it’s time to turn on the grill and let some classic Dad jokes fly.

@wasillastacker Месяц назад

And even with that it is still my favorite stacking channel!!!🦬🦅🍁🦘

@lonknor2 Месяц назад

Best Gold channel by far!….Love the content and the best presentation of gold that saves me the time of pulling out mine to get my fix!…Just need to know his lighting trick?

@AlexCross-oi7zz Месяц назад

in my opinion, it is better to gain money than to lose it, that's why I work with unimantic project, it is the best of all lines of projects at the moment.

@qupmemakt950 Месяц назад

seconded

@wasillastacker Месяц назад

I don't consider my precious metals as part of my portfolio. I just consider it my savings. I've got 95% of my savings in precious metals. I've got nothing invested in precious metals.

@2is1gold Месяц назад

I like that distinction.

@edb3877 Месяц назад

@@2is1gold Like beauty, the essence of it is in the eye of the beholder. 🙂

@R4NDLL Месяц назад

Best Comment.🤟😎

@chrisa.515 Месяц назад

If you're trying to gain a financial edge though buying gold then that technically is an investment.

@KoDeMondo Месяц назад

I call that brain masturbation! In Italian portafolio is your money bag.. Many get a lot of stuff on their portfolio but empty pockets 😂

@OtonasKancleris Месяц назад

Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 1.2Biitcoin to a decent 11.4Biitcoin... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape…..

@OtonasKancleris Месяц назад

Linda Wilburn program is widely available online.

@Conniemaher Месяц назад

I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

@hollycarter3594 Месяц назад

Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

@georgigeorgiev6521 Месяц назад

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

@charadreemurr4221 Месяц назад

It was quite challenging to understand the different trends on my own until i found out about Wilburn. Trading made easy.

@glorfac Месяц назад

I’m thinking 50% gold 25% silver 25% firearms. All items that hold wealth while appreciating in value. The dollar is just paper but metal is forever

@dougrose7334 Месяц назад

ammo will be more valuable than firearms...assuming you have the basic bang bangs of course. Ammo....future gold right there. Once the progressives give up trying to take guns away they are going after ammo and there's nothing that can stop them there....other than republicans...but they are slowly migrating the ny and cali cancer to fla and texas to eventually turn them.

@2is1gold Месяц назад

RU-vid doesn’t appreciate me touching that subject. 😄

@clkgroup6367 Месяц назад

Ammo also makes a great bartering asset.

@glorfac Месяц назад

@@clkgroup6367 good point, I include lead in my firearms category but it’s good to be specific.

@edb3877 Месяц назад

@@clkgroup6367 Yes, it does, as long as those who get it don't then use it on you. 😕

@emilio1862 Месяц назад

Bought my first 1Oz gold coin today 🥳 Edit:( thank u soo much for all the nice comments u are the best guys

@2is1gold Месяц назад

Nice!

@linnspencer2210 Месяц назад

🎉 WOOT! 🎉

@jkly495 Месяц назад

pleased for you and i hope you buy many more.

@miggatron2000 Месяц назад

Congrats

@edcarjourney2596 Месяц назад

Bought my first 1once gold American eagle at diamond district last week ❤

@shg2272 Месяц назад

Hit the nail on the head. Financial planners will never recommend anything they don't get a cut of

@66block84 Месяц назад

My financial planner does not like PM's at all, like you said, "he doesn't get a cut".

@SniperLogic Месяц назад

They might allow some paper metal in your portfolio as long as it falls under their ‘management umbrella’. 😂

@66block84 Месяц назад

@@SniperLogic I don't even mention it to him anymore.

@SniperLogic Месяц назад

@@66block84😂me either.

@edb3877 Месяц назад

About 40 years ago I came across a comment online. It read: "No one cares as much about you or your money as you do." When I read that for the 1st time, something clicked in my mind and I knew without any doubt that I had to become my own financial advisor. So, I did. I read everything I could find that pertained to personal finance. I already had a good grounding in this subject thanks to the steady advice from my Great Depression era mother. She was a very wise person and taught me her rules for living a decent life: 1) work hard; 2) save religiously; 3) invest carefully; and 4) spend very carefully, always living within your income. I followed those rules carefully, unlike my older sister and younger brother, who lived hand to mouth all their lives. To them I added: 5) find a great spouse and stay with them for life. I found the true love of my life and was amazingly blessed by having her as my wife, best friend, partner, and helper. I could not have done what I did without her at my side and I am forever grateful for the blessing that she is and has been for nearly 55 years. She retired at ago 50, taking a teacher pension for her 30 years of service. I retired on my own set schedule at age 55. I used the 72t exception to withdraw money from my 401k to IRA rollover. I now have more money (on paper, anyway) than I had when I retired and this after spending over $600k of it on retirement living expenses. Agree that financial planners do things that may not be in the client's best interest but you can be sure that what they do can be defended in court, if necessary. In any case, I became my own financial advisor and I believe that most people can do this if they have the will and the determination to do it. MUCH reading and some study are involved and it takes a few years to become comfortable with this task. But for me at least the effort was more than worthwhile.

@Etaoinshrdlu69 Месяц назад

You don't want so much gold that you want bad things to happen to pump the price. Negative headspace.

@edb3877 Месяц назад

Agreed. I don't think that a lot of people truly understand just how horrible that would be for the vast majority of the people out there. Just look to the history of the French Revolution to see what happens in such circumstances.

@Etaoinshrdlu69 Месяц назад

@@edb3877 The way I see it is if the gold price is falling I've lost some money but at least everything is okay for now and I can buy cheaper. It's honestly scarier if the price is rising...for example it rose in 2019 before anyone knew about Covid.

@InappropriateShorts Месяц назад

the price doesn’t matter since what an oz gets you never really changes

@bhargi4692 Месяц назад

We need a complete reset of the monetary system and a complete overhaul of the Federal Government so I’ll take French Revolution style chaos if we can get this country back on track

@InappropriateShorts Месяц назад

@@bhargi4692 chaos doesn’t guarantee a good outcome

@sneakyfox1876 Месяц назад

Bought my first 1oz Krugerrand yesterday...felt good

@2is1gold Месяц назад

I bet. Congrats!

@TheSwissViking Месяц назад

Just got my third oz, mostly for savings. I just turned 24 also so hopefully I'm on the right track

@2is1gold Месяц назад

Fantastic!

@Chris_Richard Месяц назад

More than I had at your age, but things didn’t look as bleak back then either.

@lpandy21 Месяц назад

Excellent ramble. I buy when I can and have been covering silver into gold as of late. I've reduced the silver stack by at least 75%.Thanks for the video.

@2is1gold Месяц назад

Cheers!

@Kevin-v6g Месяц назад

I keep 40% of my savings in gold, 10% in silver and 10% in cash at all times. Once per month I buy whatever is needed to keep that ratio. It means in general that the cheaper gold (or silver) is, the more I have to buy to reach 40% (or 10%) again. When I'm above those limits I just don't buy until I'm below again. So by construction I tend to buy more when it's cheaper, and it's also a way to automatically play the GSR without ever selling metal.

@2is1gold Месяц назад

🤜🤛

@danielbbq Месяц назад

I approached it a little differently. Over time acquire: Silver: 100, 250, 500, 1,000... Gold: 1, 10, 25, 50... Goldbacks: 1,000, 2,500, 5,000... Adjust from there. Outside of other investments. Cheers. Love listening.

@gmanEVO Месяц назад

I have a checking account for everyday purchases and bills, a savings account, call it an emergency fund, a gold account and cash. I set a goal for this year, and every year forwards, and that is to buy one ounce every other month. If there's a big dip I will buy. So far three ounces is bought, three more to go. As of now I have x amount of PM. Of that PM I have 85% in gold 10% in silver and 5% in platinum. 60% of my savings is in PM. 30% is on a savings account and 10% is in cash. I'm not an American citizen and where I live there is no capital gains tax on bullion as it is considered as legal tender. Thanks again for great content!

@michaelphillips3123 Месяц назад

Solid plan.

@BoBear79 Месяц назад

Very practical and reasonable logic for us gold bugs, and even more important for those who aren't yet believers. I have maintained that 5% is a good goal for anyone. However, given the current state of affairs in our world today, and looking forward, I think 8-10% is more prudent. Now, like you, I view gold as an asset, not an investment -- much like my home. They both provide protection and safety, and they generally keep up with inflation, plus a little, over time. I realize that is a bit of an echo chamber on this channel; but I think we all need to be consistently reminded that gold is about preparedness, liquidity (anywhere in the world) and wisdom. Thanks for your continued conversation and insights on this matter... and here's to the next 100K subscribers! 😁

@2is1gold Месяц назад

Thank you!!

@erichammond2466 Месяц назад

Waiting for the Monte Blanc fountain pen to be displayed along with the knife and of course Buffalos...great to see your membership growing...great content equals more members. Keep up the great work.

@2is1gold Месяц назад

Thanks!

@TacticalTimmyGoldandSilver Месяц назад

I really enjoy the inclusion of stocks in your videos! A lot of gold and silver youtube channels shy away from it and having stocks is such an important part of growing a portfolio and having adequate diversification.

@2is1gold Месяц назад

🤜🤛

@esmannr Месяц назад

The crocodile needed energy and the rooster wanted to get across!

@edb3877 Месяц назад

Yep. Win-win! lol

@Jimmyrig54 Месяц назад

I hit stop and rewind a number of times to absorb your numbers and percentages. I kept it simple. My goal was 50% physical by age 70 and that is where I sit today, on my couch.

@2is1gold Месяц назад

🤜🤛

@user-zy6gw5bn7g Месяц назад

I never stacked a single ounce until I was out of debt completely. Doesn’t make sense to me any other way.

@R._L. Месяц назад

Quite the practical assessment. Much appreciated. 👍

@2is1gold Месяц назад

🤜🤛

@thingamujigger1585 Месяц назад

The moral of the story....be cautious who you get information from as they may not (probably don't) have your best interest in mind. 🐊🐓

@2is1gold Месяц назад

Or understand what works for them may not work for others.

@thingamujigger1585 Месяц назад

@@2is1gold Yep, same with the medical industry now.

@SniperLogic Месяц назад

@@thingamujigger1585I was advised to, “seek out the firebrands that didn’t offer the arm ticket back in the day. They will put your interests first 99 times out of 100. Possibly many others would too, but got hoodwinked by the, uh, system. Then you’ve got to ask yourself if you’re able to depend for sure on a person who got hoodwinked.” 🤣 Damifino. I’m just an idiot watching videos. 🤷‍♂️ The ‘firebrands’ are out there though, just a little hard to find. Maybe check out the independent guys. Independent general practitioners, independent community pharmacies, etc.

@vincentyeo88 Месяц назад

Don't ask any swindling banker for any advice. ☠ It's safer to get advice from any shoeshine boy. 🙃🤣

@Jbedard1963 Месяц назад

I remember a video you did substituting monthly expenses instead of percentages. That was a great way to add perspective too. In our 60s, I see the yellow relic as our inflation protection, cash savings account (except for those boating accidents). No judging but I do love to hear how it's an awful investment when people talk about gold AS an investment. "Real" rates of inflation never factor into the equation for some. We gotta believe "No one is Crazy" (Chp. 1 of Morgan Housel's The Psychology of Money). In the end, it really comes down to whatever helps you sleep well at night. Cheers!

@2is1gold Месяц назад

Cheers!

@TheQuickSilver101 Месяц назад

I save with gold in percentages of my income and I invest in other things the same way. There are times when I want a special coin and I use additional cash to buy it, but that is pretty infrequent. If the price of gold goes up and the markets go down I don't refrain from buying gold, though I know some would. If I actually push myself to save more in gold I buy less junk that I don't need so saving with gold has been good for me in that I'm not buying a pile of stuff I won't use or need in 6 months or a year

@2is1gold Месяц назад

🤜🤛

@edb3877 Месяц назад

This sounds to me like knowledge morphing into... wisdom. 🙂

@Chris_Richard Месяц назад

Once I started saving in hard money, I really cut back on frivolous spending.

@scotth1299 Месяц назад

I have been subscribed for several years and loved your back story of working your way up the ladder! I have no intentional % or number. But my thinking changed, after my 1 st piece of physical gold. I just get it when I can now. And I learned how to sell it also.

@2is1gold Месяц назад

🤜🤛

@alexr3431 Месяц назад

Great video. Thank you.

@2is1gold Месяц назад

🤜🤛

@codypetticrew7763 Месяц назад

I feel as in everything take the pulse of what is going on in all areas. Some times i put more in gold and less in the market, more in properties and less in gold ect...but as always when deals come just jump on. Steady-ish buying has worked great for me....paused for several months and when it looked right grab a few ounces and keep everything is prospective....love the video man!!

@2is1gold Месяц назад

Cheers!

@jebruinc6411 Месяц назад

Keep rockin

@2is1gold Месяц назад

🤘

@holleyman1970 Месяц назад

Enjoyable video, good explanation of your perspective.

@2is1gold Месяц назад

Thank you

@jeffsurfanderson Месяц назад

I think it's all about preference in what you think you need to cover monthly expenses and how many months you need to cover for an emergency. The other aspect is if you're looking to set up for retirement on top of what you already are doing for retirement such as like you stated a 401k stocks bonds real estate and all that. Find out what these amounts are for each one of those. Then set a realistic amount per month to set aside for this and work with that starting point

@silverbeancounter Месяц назад

You're right about financial planners... At most 5% if they even support it. Most simply do not support an allocation at all. They're simply dumb, horrible at their jobs or they make no money off the trade so steer people away.

@2is1gold Месяц назад

Typically the last one, but there are dumb people in every field. Being dumb is the second oldest profession. Cheers!

@natemr4482 Месяц назад

Great video brother thanks for the info 🥃🥃🥃

@2is1gold Месяц назад

Thanks Nate! 🥃

@jaybarr3307 Месяц назад

I think this made a ton of sense. So glad you used MA in your illustration too - one more nudge to get myself outta here in retirement which is just around the corner.

@2is1gold Месяц назад

South Carolina looked good on the chart. Cheers!

@brucecampbell9412 Месяц назад

Great video. Love the ones that follow the older model. Than half a video about some sponsors bs.

@lonknor2 Месяц назад

As far analysis goes on price fluctuations, I have found over time the CPM group is pretty boring to listen to but, always rather realistic/factual and on point on predictions overall….Your channel keeps gold fun and realistic on a simple buying over time model for savings!…Enjoy this channel the most for entertainment and real advice on “It depends who you are and your motivation to own gold!”

@2is1gold Месяц назад

Thanks!

@pearleelife Месяц назад

Cheers 2 🍻

@2is1gold Месяц назад

🥃

@ssr4656 Месяц назад

Always informative Sir!

@2is1gold Месяц назад

Cheers!

@ecftoggs Месяц назад

Catchy intro! Great video!

@2is1gold Месяц назад

Thanks!

@luckywinner4936 Месяц назад

I think your suggestion about owning at least 50 oz of Au for an emergency fund sounds about right. And the more the better for retirement.

@2is1gold Месяц назад

🤜🤛

@LegacyStacker Месяц назад

Hi 2 is 1! I believe in targeting 10% of net worth in precious metals! 😎🏆The percentage is a graduated scale as your net worth increases over your lifetime!

@2is1gold Месяц назад

Makes sense. Cheers!

@wda-59-14 Месяц назад

Thanks for sharing your logic and running the numbers. When I hit 50 ounces, I'm prepared to say, "That'll do Pig, that'll do."

@2is1gold Месяц назад

😄

@11Bravo84 Месяц назад

Not enough

@ComicCommando Месяц назад

That's like saying you can have too much savings. Takes a look around - nope!

@2is1gold Месяц назад

💰💰💰

@ulfar8283 Месяц назад

I am planning on buying atleast 100g of 99,99% gold every year until I retire. Not working in % at all, only hard numbers.

@amr8457 Месяц назад

For this year that works out to about a 1/10 oz gold fractional a week. With your last week of the year to fill in the remainder.

@StevenSimpson-it5mv Месяц назад

Buy 1/4 oz coins instead. You'll end up with more weight per year. Buying 2 grams a week is foolish. The premiums will rob you.

@amciuam157 Месяц назад

100g a year is a good ammount, shouldn't burden your yearly budget too much. While it should still save you plenty of money for retirement. My suggestion though, would be to consider buying 3x 1oz coins instead of a single 100g bar. Why? You might lose some cash on premium but in case you have to sell, you don't need to sell a whole bar (and have leftover cash) but instead you can sell 1 to 3 coins from the stack.

@ulfar8283 Месяц назад

@@amciuam157 because where I live (denmark) there isn't any difference whether you buy bars or coins when you want to sell, but there is a price-difference when you buy them. So I buy bars (2x 50g bars minimum a year) to minimize the premium. I do like the different coins availeble and they look nice for showing off in a case, which I do with other old coins, but gold is for savings into late in life. Plus I like to keeps the numbers even, since here we calculate with grams and kilograms, so... (31,1g )3 -vs- (50g)2 pr year! Lets take a american gold eagle which is currently 17818,39 dkk x3 = 53455,17 dkk for 93,3g gold -vs- 50g bar from metalor which is currently 27579.18 dkk x2 = 55158.36 dkk for 100g gold. As of now, this makes the gold price pr gram 572,93 dkk for coins, while it's 551,58 dkk when buying bars. Sorry for showcasing in my own currency, but it is what I deal with (and some times with euros and punds). I do like coins, they look nice and usually has a nice craftmanship to them and I like to showcase my coins in a couple of cases / boxes I got on my shelves. Both old coins, some special silver coins; memory coins, event coin. And watching @2is1 is really making it hard to follow my plan and not switch over to buying coins, haha ;)

@dr.g6105 Месяц назад

Commenting for algorithm. Always a great job.

@2is1gold Месяц назад

Thank you!

@JonBrokersells Месяц назад

Nice Norseman!!

@2is1gold Месяц назад

Thanks - Grimsmo does great work!

@discrepoluegoexisto9866 Месяц назад

You have enough gold when you can spend at least one ounce each month of your remaining life

@Jonathan-yr3so 23 дня назад

Belangp talks about 20-35% in physical gold to 80-65% in stocks, is a good ratio for long term retirement investing. They are negativity corralling and thus is more stable and gives a more clear view of what one potential has over time. His book is worth the read, but I’m sure a number of viewers here already know his channel

@WorldMoneyWins Месяц назад

I don't use percentages personally. I have a monthly budget that I stick to. I started adding some 90 day CD laddering (Convenient 4.75%) for my dry powder. All income is going into these types of savings waiting for opportunities. I have IRAs, but right now, I am not adding to them.

@2is1gold Месяц назад

You’re sitting in some other assets too. Do they (🔫) appreciate?

@strykerentllc Месяц назад

Retirement is nearing and after doing much research over recent years, Arkansas has won out over the rest. Property taxes, sales taxes, vehicle registration costs, no state tax on retirement income and no not Little Rock. LOL Picked out a nice area outside of a smaller metro area sans overbearing zoning nonsense and no HOA rubbish to deal with. This cesspool of IL sucks for all of the aforementioned reasons. Have a great weekend. Cheers!

@2is1gold Месяц назад

Oof, Illinois. 🔵😄

@strykerentllc Месяц назад

@@2is1gold Indeed, oof. Apparently mister 'butt in the front' who's running things now in Springfield isn't going to be satisfied until the state is on par with Detriot. If the CME were to move out of Chicago the money would as well with well deserved predictable results. We'd like to watch that happen to be honest. Nothing like a front row seat watching Eddie Hall pummel two vertically challenged kids in an MMA cage. It was glorious if you haven't caught it yet. LOL

@esmannr Месяц назад

More Aesop. Nice!

@2is1gold Месяц назад

Frog and the mouse would have worked too. Cheers!

@esmannr Месяц назад

@@2is1gold I am remembering a frog and a scorpion. I'm old. I could be confused.

@aerok4880 Месяц назад

I low ball estimate my net worth every quarter and make a judgement on if I need to buy some Au but try to keep my Au at 7-12% of my net worth. If it gets up to near 20% then I'll likely sell some and buy whatever seems cheap

@2is1gold Месяц назад

If you own, do you include your primary residence in that calculation?

@aerok4880 Месяц назад

@@2is1gold renting now but when we buy, I'll probably approx home value using the average of national real estate indices and on line resources.

@sauljimenez6738 Месяц назад

I say it all depends. But basic, you should have atleast 7 ounces of gold and 150 ounces of silver (all physical). Then have money on mining stocks as they will have way bigger gains than physical. As much as you can put since they will go up once interest rates come down

@michaeldyer6723 Месяц назад

I'm definitely heavy on silver, but I got into the game later than I should have. Hopefully I can swap some over to gold once the ratio is lower.

@jasonandjulim4163 Месяц назад

My dog and I are living on a lot less than that here in Alabama. Unfortunately, the wife and four children are not. I like the 3-10% rule if its figured in actual ounce weight vs the other assets' actual ounce weight. I reckon about %10 of the weight of my houses in gold should be sufficient for my needs and desires. 😆

@2is1gold Месяц назад

🤜🤛

@72cmcinc Месяц назад

Glad to be ahead of the game! Those kids....thankfully I love them : )

@2is1gold Месяц назад

😄

@pifs-TM Месяц назад

I don’t really consider it savings, it’s more of an insurance. I prefer TBills for savings….laddered they give you way more than banks and just as safe. But Gold/Silver nice to have to help when retired to shield market losses in the pension/401k.

@ItsEverythingElse Месяц назад

PMs should not be your only or even primary, emergency fund. You may have to sell into a down market.

@2is1gold Месяц назад

Agreed.

@edb3877 Месяц назад

@@2is1gold Agreed, which is why it is prudent to also stack some cash in various forms. I always want to spend cash on any problems that can be fixed with cash, rather than dip into my PMs hoard.

Месяц назад

I love your videos come to Greece 🇬🇷 😍 ❤️

@holleyman1970 Месяц назад

Thinking about it for a little while, I have a slightly different take on the percentages. I like to align the risk of owning assets against all the risks in store in the future. I have another 15 or so years until I hang up the spurs. In a normal, historical risk like say the nineties and early 2000 when market forces were allowed more freely to move up and down on their merits a 5% to 10% allocation to metals would be a good insurance against the unforeseen. Now I see a government debt servicing that is overtaking military expenditures, the Fed is pouring in liquidity like there is no tomorrow, unfunded liabilities hitting 100 trillion, I see the petro dollar being abandoned and the central banks that will print to eternity to prop up the bond market at the expense of everything else. Now I have to project these risks to my future (these and many more). Do I think these is a 5% chance the dollar will have a crisis in the next 15 years? Well no, I think it is optimistically 50/50 that there will be an inflationary crisis and that what little purchasing power we now have will basically fade to zero measured in dollars. I therefore position myself to be 50% or better in real assets, tooling for my repair side business, infrastructure on the homestead, property and metals. I leave the minority of investments in the system in the off chance I am wrong and life remains grand. There is no right answer and I believe it is just a question of what you believe the future is going to look like and risk tolerance.

@2is1gold Месяц назад

🤜🤛

@jthrash9081 Месяц назад

3% sounds about right. If ur a millionaire, $30,000 worth is a nice inflation hedge to get you through a catastrophic situation (world or personal) without getting carried away.

@laccess911 Месяц назад

95% Gold, and 5% fiat for monthly expenses and in case of emergency. And I have no intention to ever sell an ounce of it till maybe 15 years later.

@daverevs Месяц назад

I'm currently at 11% of savings/investments and it feels like a comfortable place to be at 38 for me. If markets take a downturn I'll probably stay the same, and just reduce some cash down and put into stocks to buy the discounts. Always keeping it simple... thanks for the video 👍

@2is1gold Месяц назад

🤜🤛

@silverandgoldportugal Месяц назад

100 oz per capita is a wow number!

@livinthedream7714 Месяц назад

"...thinkin' (to himself)..." :)

@bigdaddyhoffman1911 Месяц назад

All I want is me GOLD and a little bit of silver. At 70 I'm 80% Gold & 20% but what do I know? Thanks for another .9999 video 2 is 1.👍 Life is good....God Bless. “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, but debt is the money of slaves.”― Norm Franz

@2is1gold Месяц назад

🤜🤛

@cunning-stunt Месяц назад

Could you do a video about gold brokers and developing relationships with them. I've been buying for a round 5 years and have bought from a few different brokers over that period. All have varying premiums and sometimes have different specials running or old stock clearances. What I'd like is for a broker to know he can sell to me when gold dips to a certain price but I'm unsure of the etiquette around this. I'm in NZ and currently expecting gold spot to dip to NZ $3500 an oz, I'd like to buy 4 or 5 ozs at that spot, but unsure if I'm being cheeky talking to a broker about that. My last few purchases have been from a company so struggle to get the same broker every time, even when I ask for them by name. We have had $3000 dollar gold here in NZ for quite some time lol! We even had $4000 an oz gold at one point.

@syovar1 Месяц назад

I'm doing retirement so it's looking like 51 ounces where I'm at (the priciest location in the USA, maybe even the planet)!

@Eli-qr9hc Месяц назад

Even though the AGE in a 1/4oz has its premiums, but I still stack any 1/4oz gold coins, whichever is the cheapest from whatever country… What’s your thoughts on buying the I think it’s called the Gold double eagle pre-33..(?) that’s nearly .24 ounce stacking that as opposed to a quarter ounce on sale phil, maple, etc. price versus price

@2is1gold Месяц назад

Those are half eagles, and I like them a lot, but what you get back in a sale is strange. Some dealers like them, some don't (meaning some pay what they're worth and some don't). Because of that, I tend to gravitate toward the typical big Mint modern bullion. Cheers!

@bradfordsimpkins1014 Месяц назад

I don’t think of gold as an investment - in the same way that I don’t think of cash as an investment. I think of gold as a hedge to my cash. At some point, maybe I’ll have enough gold to think of it as a hedge to other investments - but that would take a lot of gold AND insecurity of my other investments.

@2is1gold Месяц назад

🤜🤛

@johnpower8356 Месяц назад

I'm all in on gold now 100% of my retirement, altho I do own a house that I never bothered to pay off, what I have in physical gold could payoff my house 10x. I asked my only child what he thinks I should do because its all going to him, but he really doesn't care. The one thing that bothers me is that, there's a bank involved and they force me to insure it and house insurance in Florida has 4x in the last few years. It would've been nice to have paid my house off when my company was making megabucks but I just didn't care enough, money was easy. Now I don't like the idea of cashing out gold to do it when gold prices are going to explode any day now. I look at it like this, will it be 2 AGE's or 10 AGE's? Timing! Really not a terrible problem to have.

@mth4849 Месяц назад

Financial planners hate gold... especially when they are paid per investable assets. You buy gold to hold, not for a planner to move you from Nvidia into Gamestop and back every few months. Once you've covered your retirement and potential medical costs the percentage of gold in your net worth should not be limited by people who proclaim what an appropriate percentage is. Mega wealth families can easily have 50 - 75% in gold

@ericl452 Месяц назад

I'm not that far from retirement and my goal was to stack about 10 years worth of property tax and home insurance payments in gold. I have reached that goal, but I think home insurance, in particular, could increase at a greater rate than gold price appreciation, so I plan on stacking some additional ounces. I know that I don't have to have home insurance on a paid off house, but my prior house burned in 2015 and it was a near total loss. Having good insurance saved me from having a major financial setback.

@2is1gold Месяц назад

I’m sure that was terrible regardless of insurance.

@edb3877 Месяц назад

I also stack gold to make sure that I can pay my property taxes and home maintenance costs in retirement. Only thing is, I was already retired when I started stacking. lol

@ericl452 Месяц назад

@@2is1gold I went from a bit of a hoarder of MG and vintage Porsche parts to a minimalist in about six hours! I realized after that that you can lose all your physical possessions in a very short time period. Fortunately, I had a quality gum safe in the basement that protected all the important paperwork. On a side note, insurance does not cover the Porsche 356 you are restoring in the garage unless it has its own policy. They also don't cover car parts even if they are new in a box. Also very limited coverage of collectables ($1500 as I recall on my homeowners policy).

@Brimwald Месяц назад

If something like PAXG gets bigger you could theoretically transact in gold backed crypto which would be amazing in normal life. Of course if something bad happens it's probably no safer than fiat, but it would hold value far better than fiat.

@edb3877 Месяц назад

IMO, only the gold-backed cryptos are any different from the usual paper fiat currencies.

@actualsurfer Месяц назад

75% seems about right + 25% in silver

@charlieflores9963 Месяц назад

Following your advice on a smaller scale. Adding 1/10 oz AGE every month. Will add a few 1 oz coins once I get my last kid out of college. Thanks for another great video.

@StevenSimpson-it5mv Месяц назад

Your better off buying 1/4 oz every 8-10 weeks. The premiums on 1/10 the will destroy you.

@charlieflores9963 Месяц назад

@@StevenSimpson-it5mv Not really half my stack was purchased at less than $230.

@shinyshinyman3777 Месяц назад

Traditional recommendation of 5% of a portfolio is now changed by some critical-thinking analytical portfolio managers to at least 15%+ due to many factors including the setup for a foreseeable commodity super cycle that will last for over 4-5 years. Other factors such as Gold as a safe haven for investors during geopolitical instability that is likely to degenerate into a major war with other superpowers such as Russia and China are also now imminent.

@lovetoedit Месяц назад

I brass sundial ? What's next a gold sextant !!! Class you man !

@SniperLogic Месяц назад

I think a blue or finback AG whale with a side order of 100+oz of AU, along with 8-9X that value that in other assets would be a pretty good chair to be in at the retirement table. I’ll never know. But it sounds good. 🤣

@2is1gold Месяц назад

Sounds great!

@GotGracexxxxx Месяц назад

Converting 5% of the portfolio to gold on the day you retire is useless. Gold is a hedge against inflation (currency debasement) over time. To accomplish that, you need to acquire it over time as well.

@WEthePEOPLE_888 Месяц назад

Used to think in % of net worth; think in both % and months now.

@2is1gold Месяц назад

🤜🤛

@CodyRayDees513 Месяц назад

I buy mostly silver because I can grab a oz or two a week without hurting the pocket too much. I been buying since 2021 and have traded some silver for gold and firearms.

@PerfectChaos007 Месяц назад

I am into Pokémon! And sealed product apprciates quite nicely!

@2is1gold Месяц назад

I’m aware of the market, but I have no business being involved. 😄

@jankarlsson8341 Месяц назад

What is the single coin you put on the table at 01:07 if I may ask?

@2is1gold Месяц назад

It's a High Relief Perth Mint Lunar Year of the Rooster. Cheers!

@jankarlsson8341 Месяц назад

@@2is1gold Thanks!

@Eli-qr9hc Месяц назад

I’m so far behind the ball. I’m about 200 to 1 in silver to gold

@Wookietown Месяц назад

When just starting out accumulating precious metals, life is simple. After several years of steady purchases things get more complicated... what percent allocation is appropriate?... what is the difference between RSC level II and TL-15 and TL-30? Is anyone gonna buy all those french roosters? Of course all good problems to have!

@shacklord Месяц назад

buy in the dip!

@cleankingsilver Месяц назад

Best. Intro. Ever.

@2is1gold Месяц назад

🤜🤛

@VerifyVeracity Месяц назад

Dollar for dollar, I'd first work on getting my home stead paid for & at the same time (more or less) I'd work towards a working (i.e. something you have to work with not just sit around collecting dividends) investment that will make you an income then as you get extra money that you really don't need to use start buying some (or lots & lots of) gold &/or silver & etc. Gold has seemed to to better but I do think silver will take off some day soon in part because it has lagged behind some. But silver takes more room to store, now I know that is likely not a problem for most folks but for some it is. I'd at least have some silver for bartering & gold for when the 'new' form of money comes out, & if by some miracle the collapse of the US. dollar does not happen you still have both to help you deal with the diminishing purchasing power of the dollar.

@AngelEyes-xm7el Месяц назад

What ever you can get in gold. My income sucks so 80percent is huge.

@daviniarobbins9298 Месяц назад

For a comfortable retirement from the age of 60 I reckon you need 360oz of gold and you sell 1oz a month. That would last you 30 years.

@18979765 Месяц назад

During a gold bull market, no percentage is too high. After the bull run is over, drop back down to your 5%.

@silverchickadee4130 Месяц назад

What is that handsome rooster coin? Haven’t purchased in over a year, met my goal a while back. I’m not tempted at these prices and I’m focusing rounding out other assets. 25% of my assets would make Dave Ramsey roll his eyes.

@2is1gold Месяц назад

It's a high relief Lunar Rooster from the Perth Mint. Cheers!

@Klickthat1 Месяц назад

10% of net worth feels like a comfortable place for me.

@Chris_Richard Месяц назад

Just bought a 1oz Japanese Oben coin from JM. Looked to cool to pass up.

@OzyRooster Месяц назад

and the rooster was like WTF

@CalvinCooper-ry8sr Месяц назад

I'm sitting on 10 oz now still stacking

@2is1gold Месяц назад

🤜🤛

@bhoward9378 Месяц назад

I buy fractional gold every two weeks... and sometimes more often. Maybe I'm a genius or maybe I'm retarded, but either way I don't think I'm wrong.

@capitalwindowtintinginc6580 Месяц назад

Since 2019 gold is now considered a Tier 1 asset, which means it can be counted as part of a bank's core capital reserves. Under Basel accord a bank has to maintain a certain level of cash or liquid assets as a ratio of its Risk Weighted Assets (RWA) as capital adequacy ratio. ☝️☝️☝️☝️

@dryciderz Месяц назад

I liquidated my Pokémon 20 years ago to invest in video games 😢

@dryciderz Месяц назад

Update- the retro video game collection is worth far more market value now than the Pokémon collection was

@homesteadaquarius Месяц назад

I am another man in Alabama with a dog. Plan to live cheaply enough and you can do it for way less than 42k. But please, nobody needs to move here. We are full up, no vacancies! 😂 Great quote!

@2is1gold Месяц назад

DO YOU GUYS KNOW ALABAMA HAS BEACHES?! 😉

@homesteadaquarius Месяц назад

@@2is1gold Yes! We annexed Florida's that are just South of us too. 😆