How much precious metals should i own?

The specific amount of your portfolio that should be dedicated to precious metals varies depending on your circumstances. Some people may do well with up to 20% of their investments in precious metals; however, others may do better with just 1%. As a result, many experts recommend a precious metals portfolio that ideally consists of 75% gold and 25% silver. This is because the price of silver tends to be more volatile than that of gold and will therefore have a greater impact on the value of your precious metals portfolio as its price fluctuates.

Precious metals provide a useful and effective way to diversify a portfolio. The trick to achieving success with them is to know your objectives and risk profile before jumping into it. The volatility of precious metals can be exploited to accumulate wealth. If left unchecked, it can also lead to ruin.