{"id":215584,"date":"2025-04-30T22:25:51","date_gmt":"2025-04-30T22:25:51","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/qa-who-actually-makes-money-from-gold-and-silver-these-days\/"},"modified":"2025-04-30T22:25:51","modified_gmt":"2025-04-30T22:25:51","slug":"qa-who-actually-makes-money-from-gold-and-silver-these-days","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=215584","title":{"rendered":"Q&A: Who Actually Makes Money From Gold and Silver These Days?"},"content":{"rendered":"


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\"PaulaBethany\u2019s partner wants to invest most of their money in gold and silver, but no one seems to talk about this kind of investing. Is this a red flag or a potential opportunity?<\/p>\n

Diana is worried she\u2019s been saving too much for her kids\u2019 college \u2013 hundreds of dollars a month since they were born. How does she know when to stop?<\/p>\n

Wendy\u2019s pension and social security will cover all her basic expenses during retirement. Does the four percent rule still apply to her discretionary nest egg, or is there another approach?<\/p>\n

Former financial planner Joe Saul-Sehy and I tackle these questions in today\u2019s episode.<\/p>\n

Enjoy!<\/p>\n

P.S. Got a question? Leave it here<\/a>.<\/p>\n

_______<\/p>\n

Bethany asks (at 02:01 minutes<\/strong>): \u200a\u200a \u200a\u200aI\u2019m in my mid-thirties, calling from Australia, and my partner and I have been together for over five years with mostly combined finances. He\u2019s originally from the U.S., and we\u2019ve been discussing a more unified investment strategy.<\/p>\n

Right now, we each have separate investments, but my partner is particularly interested in gold and silver. He\u2019s not very confident in the stock market and prefers to allocate as much of his money as possible to precious metals.<\/p>\n

I rarely hear people talk about investing in gold and silver, so I\u2019d love to get your take. What are the key considerations, potential red flags, or common pitfalls we should be aware of\u2014aside from the obvious challenge of physically storing large amounts of gold and silver?<\/p>\n

Diana asks (at 27:23 minutes<\/strong>): \u200a\u200a\u200a\u200a\u200aHow do I know when to pull the brakes on college savings? We have three children, ages 13, 11, and 7. We\u2019ve contributed $600 per month per child \u2013 $1,800 in total \u2013 to their 529s since they were born.<\/p>\n

We have $150,000 saved for our oldest son who we expect to start college in four to five years. Since we may be able to supplement the rest with cash, should I cut this back or stop altogether with the expectation that it\u2019ll grow a bit more by the time he needs it?<\/p>\n

Am I saving too much? What are the risks to consider?<\/p>\n

Wendy asks (at 48:17 minutes<\/strong>): \u200aHow should asset allocation change when part of your retirement income is secured versus relying entirely on a nest egg? Do traditional drawdown strategies like the four percent rule still apply?<\/p>\n

My husband and I plan to retire at 59 and a half with a conservatively invested fund to bridge us to 65. At that point, we\u2019ll have $100,000 per year in non-cost-of-living adjusted pensions and another $70,000 from Social Security, fully covering our base expenses\u2014including housing, healthcare, food, transportation, and minimal discretionary spending.<\/p>\n

Beyond that, we have a flexible budget of $100,000 to $125,000 annually for extensive travel, gifting to our kids, and maintaining our current $300,000 standard of living. Since this portion of spending is discretionary, we can adjust it in down markets.<\/p>\n

A common approach is holding 50 to 75 percent in equities like a low-cost index fund with the rest in safer assets like bonds or cash equivalents. But what if the lump sum isn\u2019t needed to cover essential expenses and instead serves as a flexible source of discretionary spending?<\/p>\n

Is there a better strategy for investing the discretionary pot for long-term growth without excessive risk? Should we incorporate bonds at all, or would a four-fund efficient frontier approach be more effective?<\/p>\n

Additionally, we have $2 million in real estate equity that we\u2019re not factoring into our retirement plan, but we could downsize if necessary. How should that influence our investment approach?<\/p>\n

\u00a0<\/p>\n

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