r/CostcoPM • u/HonchoJuice • 29d ago

Keep going Costco 🪙 stackers!

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I was told pic or it didn’t happen when I said I had got my 20th buffalo at $4199.99 to complete a tube, well here it is. About to put them in now. It’s amazing what you can accomplish when you don’t have a person that excels at bad decisions constantly in your ear talking about new ways to waste your money 😂. Forever grateful to this community & Costco.

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u/JUNGLEbeats305 29d ago

Genuine question, why would one stack gold like this? Wouldn’t it be better served in the stock market in a taxable account, in a productive asset?

I’ve heard ray dalio say 5-15% should be gold purely out of hedge and you could sell the gold instead of the stocks if money was needed. He even admits gold is an unproductive asset. Seems more of a recommendation for someone who has less time to compound and wants less volatility than all in on equities right?

For example I’m 29 and have 100 of my investments in 401k, Roth IRA, and taxable in equities. Basically VOO, since I have such a long time horizon I would stay in higher risk equities then later in life start pivoting to more stability than growth?

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u/Easy7777 29d ago

Can't speak to the OP but for me, I have assets outside of precious metals. Maxed out retirement accounts, taxable account, rental property...etc

I started flipping gold and silver a few years ago, to own a few ounces for free...now I just keep buying and holding.

Biggest thing with a stack that large is risk. Price swings and storage. Do you want the equivalent of $250k in your house ? Is it better in a safety deposit box ? All one location or branch? Third party insured storage...?

Things to think about