Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
gold/precious metal in your portfolio?
Old 12-16-2011, 12:42 PM   #1
Recycles dryer sheets
97guns's Avatar
 
Join Date: Nov 2011
Location: The Deep South Bay
Posts: 317
gold/precious metal in your portfolio?

do any of you retiree's hold gold?
__________________

__________________
97guns is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-16-2011, 12:46 PM   #2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,115
Quote:
Originally Posted by 97guns View Post
do any of you retiree's hold gold?
If we did would we really want a guy named "97guns" to know?

Kidding aside, no.
__________________

__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 12-16-2011, 12:52 PM   #3
Thinks s/he gets paid by the post
Rustward's Avatar
 
Join Date: Apr 2006
Posts: 1,572
One of my core funds keeps 5 to 10% of assets in gold bullion.
__________________
Rustward is offline   Reply With Quote
Old 12-16-2011, 12:53 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 7,890
No, I do not. Too volitile for me.

My reasoning is that if I did, I'll probably only carry such a small portion that it isn't worth the time/effort. Also, when the going gets good with gold/precious metals not having any eliminates my temptation to hold too much and get greedy
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
easysurfer is offline   Reply With Quote
Old 12-16-2011, 12:54 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 8,608
Hold it?
You mean as in fondle, caress, stroke, pet, hug, or embrace it?

No, cash is easier to take with me.
__________________
Pas de lieu Rhône que nous.
braumeister is online now   Reply With Quote
Old 12-16-2011, 12:55 PM   #6
Recycles dryer sheets
97guns's Avatar
 
Join Date: Nov 2011
Location: The Deep South Bay
Posts: 317
wow this is a fast moving forum,

curious if anyone holds physical metal like this

__________________
97guns is offline   Reply With Quote
Old 12-16-2011, 01:45 PM   #7
Thinks s/he gets paid by the post
jIMOh's Avatar
 
Join Date: Apr 2007
Location: Milford, OH
Posts: 2,085
Permanent Portfolio is the fund I use for precious metals, and that is a small % of my portfolio as a fund holding.
__________________
Light travels faster than sound. That is why some people appear bright until you hear them speak. One person's stupidity is another person's job security.
jIMOh is offline   Reply With Quote
Old 12-16-2011, 01:45 PM   #8
Thinks s/he gets paid by the post
jIMOh's Avatar
 
Join Date: Apr 2007
Location: Milford, OH
Posts: 2,085
Quote:
Originally Posted by Rustward View Post
One of my core funds keeps 5 to 10% of assets in gold bullion.
what fund, either PM me or post it, if you care to share. thx.
__________________
Light travels faster than sound. That is why some people appear bright until you hear them speak. One person's stupidity is another person's job security.
jIMOh is offline   Reply With Quote
Old 12-16-2011, 02:39 PM   #9
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
Quote:
Originally Posted by easysurfer View Post
No, I do not. Too volitile for me.
Same here (yes, I'm retired).

The only gold I have is on my left hand ring finger, and DW "invested" in that small amount over four decades ago ...
__________________
rescueme is offline   Reply With Quote
Old 12-16-2011, 02:41 PM   #10
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
Yes, I do hold precious metals in my portfolio.
__________________
FIREd is online now   Reply With Quote
Old 12-16-2011, 02:52 PM   #11
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,463
We have about 4% in Vanguard Precious Metals and Mining, which is mostly PM.
__________________
MichaelB is online now   Reply With Quote
Old 12-16-2011, 07:17 PM   #12
Thinks s/he gets paid by the post
Koolau's Avatar
 
Join Date: Jul 2008
Location: Leeward Oahu
Posts: 3,244
Enough gold coins to stabilize my port fit nicely in one hand (but I keep them in the bank box). My dad got me interested in silver (US coins) many years ago. He left his coins to me and I also bought some bags when prices were quite modest. Not easily stored nor transported, but kind of a WTSHTF kind of investment (maybe like having 97 guns or is that just a handle for you?)
__________________
Ko'olau's Law -

Anything which can be used can be misused. Anything which can be misused will be.
Koolau is offline   Reply With Quote
Old 12-16-2011, 07:50 PM   #13
Dryer sheet wannabe
 
Join Date: Dec 2011
Posts: 17
I have Fidelity Select Gold, stock in a precious metal mining Co. and junk silver coins.
__________________
txtrader is offline   Reply With Quote
Old 12-16-2011, 07:51 PM   #14
Recycles dryer sheets
97guns's Avatar
 
Join Date: Nov 2011
Location: The Deep South Bay
Posts: 317
my goal is 97 guns, im 3/4 way there. hey is rainbow open yet?
__________________
97guns is offline   Reply With Quote
Old 12-16-2011, 08:56 PM   #15
Moderator Emeritus
Khan's Avatar
 
Join Date: Aug 2006
Location: Pine Island, Florida
Posts: 6,868
Send a message via AIM to Khan
I sold most of the gold and silver I had last month...~$3K.
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
Khan is offline   Reply With Quote
Old 12-16-2011, 09:07 PM   #16
Full time employment: Posting here.
 
Join Date: Nov 2008
Posts: 728
Every few years I've bought a 1 ounce gold coin.......average cost about $500. Now they represent less than 1% of my net worth. I don't plan on ever spending them, except in a real emergency and someday, my kids will share them. And, I bought my last ounce at $1900. THAT HURT! I think they are a poor short term investment, and a great long term purchase just in case.
__________________
jerome len is offline   Reply With Quote
Old 12-16-2011, 09:12 PM   #17
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,218
Quote:
Originally Posted by jIMOh View Post
Permanent Portfolio is the fund I use for precious metals, and that is a small % of my portfolio as a fund holding.
That's my preference too.
__________________
steelyman is offline   Reply With Quote
Old 12-16-2011, 09:24 PM   #18
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by 97guns View Post
wow this is a fast moving forum,

curious if anyone holds physical metal like this

Nope, too heavy to carry around.

I use PCRIX and hide it at Vanguard.
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 12-17-2011, 12:20 PM   #19
Thinks s/he gets paid by the post
DFW_M5's Avatar
 
Join Date: Sep 2003
Posts: 4,982
Currently just what is in PCRIX and Permanent Portfolio. Previously held Tocqueville, CEF, GLD, SLV, Vanguard precious metals.
__________________
DFW_M5 is offline   Reply With Quote
Old 12-17-2011, 12:31 PM   #20
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
This may help!


PIMCO CommodityRealReturn Strategy Fund Institutional Shares (PCRIX). E/R: 0.74%. Basically, this fund invests in futures derivatives designed to track the Dow Jones - UBS Commodities Index Excess Return. It invests enough in these futures to simulate full investment in Commodities. A smaller portion of the portfolio is set aside as collateral. The remaining cash is invested in TIPS. We like this fund both because it indexes the commodities portion of its investments and because it has the lowest expense ratio of any alternatives. This fund charges a 2% redemption fee, payable to the fund, if you sell within 30 days of purchasing. This is intended to be a disincentive to use the fund for short-term trading.
__________________

__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Fee Based MuniBond Portfolio Management Earl E Retyre FIRE and Money 10 12-10-2011 12:22 PM
In FIRECalc, why does CSP provide better result than % of Remaining Portfolio Model? nico08 FIRE and Money 0 10-26-2011 12:35 PM
Managing a Retirement Portfolio: Do Annuities Provide More Safety? chinaco FIRE and Money 23 10-10-2011 05:57 PM
The Perfect Portfolio kyounge1956 FIRE and Money 10 08-02-2011 10:30 PM

 

 
All times are GMT -6. The time now is 02:24 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.