Deciding how much gold and silver to keep in your wallet should be a personal decision. Generally speaking, investors invest between 10 and 15% of their wealth in precious metals, such as a Silver and Gold IRA. The part of your portfolio that you dedicate to precious metals will depend on your sensitivity to risk. In general, we advise our clients that between 5% and 15% of their portfolio be dedicated to a Silver and Gold IRA. Peter Schiff has always recommended having between 10 and 20% of an investment portfolio in physical precious metals.
But how much of that percentage should be in gold and how much should be in silver? Talk to your financial advisor about how to invest in popular gold or low-risk precious metal ETFs before you start investing in gold and precious metals. Another interesting approach to deciding how much gold you should allocate to your investment portfolio is to measure the percentage of global financial assets represented by gold bars.