Suppose you want to have 10% of your portfolio in Precious Metals. 5% in Silver and 5% in Gold. What would you have to buy? Here are some ideas for portfolios from $1,000 to $100 million.
Code: Select all
Portfolio 5% Silver Gold $1,000 50 2x 1oz SAE * 1x 1-gram Gold Bar * $5,000 250 12x 1oz SAE * 1x 1/10 GAE * $10,000 500 1x Mint Tube SAE * 1x 1/4 GAE * $20,000 1000 2x Mint Tube SAE * 1x 1/2 GAE * $50,000 2500 6x Mint Tube SAE * 2x 1oz GAE * $100,000 5000 12x Mint Tube SAE 1x Mint Tube 1/10 GAE * $200,000 10000 1x Monster Box SAE 1x Mint Tube 1/10 or 1/4 GAE * $500,000 25000 2x Monster Box SAE 1x Mint Tube 1oz GAE *
Code: Select all
$1M 50000 5x Monster Box SAE 2x Mint Tube 1oz GAE * $2M 100K 10x Monster Box SAE 4x Mint Tube 1oz GAE * $4M 200K 20x Monster Box SAE 8x Mint Tube 1oz GAE * $10M 500K 50x Monster Box SAE 17x Mint Tube 1oz GAE $20M 1M 100x Monster Box SAE 1x Monster Box 1oz GAE $50M 2.5M 250x Monster Box SAE 3x Monster Boxes 1oz GAE $100M 5M 500x Monster Box SAE 6x Monster Boxes 1oz GAE * should fit in extra small safe Deposit box (2" tall x 5" wide x 22" long)
As far as Silver, I would probably not have more than about a dozen mint tubes of silver eagles. More than that takes up too much space. So beyond the $100,00 portfolio, it would be more convenient to only have Gold.
The canonical Bogelhead $1 million retirement portfolio could have 2x Mint Tubes of 1oz Gold American Eagles and that would be 5%. You would probably not want to have 5 Monster Boxes of 1oz Silver American Eagles. So you might instead double the amount of gold.
Even up to about a $4 million portfolio, you can probably fit 10% as gold (16 mint tubes of 1 oz GAE) in an extra small SDB that costs only $50 per year. Beyond that, you will need either a bigger box or multiple extra small boxes. Maybe you could get a second box at a different bank at a different location.
When you start getting to Monster Boxes of Gold Eagles ($10M+ portfolio), I don't know if there are big enough boxes at the bank. Maybe their biggest box, but there is a waiting list for the larger boxes. You might have to come up with other arrangements. There are private vaults that might work, but the fees are higher than your bank. I'll just cross that bridge when I come to it.
We are taking orders now. How many Monster Boxes of Gold Eagles will that be, sir?