This made me quit my job without any other offer. I got hike of 35% during peak lockdown of Corona. Money in bank account is just numbers. Invest in yourself and learning.
Every now and then someone contacts me interested in buying some shares of that company, which I promptly sell and immediately buy index funds with the proceeds. I liquidated about $1M of those shares already, I wish I could sell the rest, it is so “painful” having so much of your net worth locked up into an incredibly illiquid, risky and unpredictable asset.
I don’t invest in nor own anything else (except a few months of living expenses in a savings account): I’m a happy renter and don’t own a car.
- 30% Industrial/Commercial Real Estate
- 5% Crypto
- 40% Cash
I'd like to reduce the cash. Will probably buy gold with about half the cash to align with a more all weather portfolio [0].
0. https://ofdollarsanddata.com/ray-dalio-all-weather-portfolio...
Have you been increasing bond allocation over time or just sticking to a 70/30 lazy portfolio?
Is 30% too much or too little from your experience? I can understand people preferring stocks at the moment because bond yields are so low. But that won't be the case forever :)
Seriously get in TSLA. It's going to double by March, probably earlier.
I could buy ETFs and do the boglehead/lazy portfolio but the returns are minimal compared to picking market leaders. Also you need to be making serious money for those to be valuable or live a frugal life and then spend when you are dead.
This is where skill really matters.
Also if what I said was so preposterous you should have said, I will give you 10x your return if that happens and give me a 2x if it doesn't.
