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Sean's avatar

Why those 7 items? Can you provide a little justification for each selection and allocation?

Will there be any crypto in the main fund?

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Luke M's avatar

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.

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Sean's avatar

What's your entry target?

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Luke M's avatar

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.

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