@HoldTheMike Needed to invest in shares? 🤔 That would smell like FOMO.
16% may be enough for a sense of security, but is it really enough in the event of a crisis? How did you calculate the 16%? Why not 10% gold (more shares) or 20% gold (more security)?
@Epi In the end, it was supposed to be 10%, but the remaining physical gold is of collector's value, so a short-term sale at the local dealer was out of the question.
The short-term purchase of a new vehicle, which was needed immediately for work reasons, meant that capital had to be freed up last year. Part of the deposit had to be used for this. This part is now back in the depot.
The remaining precious metal can be converted into cash within a short space of time. This is enough for the "crises" that are most likely to occur in my world. At least for the first steps.
Further capital, sufficient for any situation, is "tied up", but would be available within 2-3 days. This "addition" only came about this year.
@HoldTheMike Okay, I see. These are of course important factors that a pure risk analysis of the portfolio cannot capture. It all sounds understandable. Good luck! 👍
