Totally agree on providing more justification - I'll be spending more time doing deeper dives on the selection and picking criteria in the future for sure!
Crypto will be in the main fund. I am holding cash at the moment (for better or for worse) and waiting for a good entry point. That might come in a week or in six months...hard to tell with how much it's exploding at the moment. I want to get a solid price that I can hold for the long term so have to be patient. Even though it would only be 25-50 dollars, which is a very small part of the portfolio, I don't want to be throwing money at things that could create a drag. I think it's safe to think Bitcoin will find a price lower than it's at today within the near future.
I'm patient. For lack of a better rationale the best answer I can give right now for when is... I'll know it when I see it haha
I want the diversification benefit of Bitcoin (and, ideally, return) but not at the risk of speculation. Same reason I am on the sidelines for adding something like Tesla to the main fund even though it may offer short-term returns.
Why those 7 items? Can you provide a little justification for each selection and allocation?
Will there be any crypto in the main fund?
Totally agree on providing more justification - I'll be spending more time doing deeper dives on the selection and picking criteria in the future for sure!
Crypto will be in the main fund. I am holding cash at the moment (for better or for worse) and waiting for a good entry point. That might come in a week or in six months...hard to tell with how much it's exploding at the moment. I want to get a solid price that I can hold for the long term so have to be patient. Even though it would only be 25-50 dollars, which is a very small part of the portfolio, I don't want to be throwing money at things that could create a drag. I think it's safe to think Bitcoin will find a price lower than it's at today within the near future.
What's your entry target?
I'm patient. For lack of a better rationale the best answer I can give right now for when is... I'll know it when I see it haha
I want the diversification benefit of Bitcoin (and, ideally, return) but not at the risk of speculation. Same reason I am on the sidelines for adding something like Tesla to the main fund even though it may offer short-term returns.
https://endlessmetrics.substack.com/p/is-it-bad-to-invest-at-an-all-time