>8. Put the rest into investments returning between 5-10% annually.
Any tips?
I have earned a few million in the last 2 years, and nothing seems to be going right for me. I have a heavily diversified portfolio and i'm like 8% down.
Everyone says 'just invest for an easy 7%!' but no one actually gives good advice on doing it, especially in this current fucked up economy.
yeah, get everything out of equities markets. We're on the verge of a catastrophic economic collapse within the near future. actually I think I'm going to make a thread out this
...
dividends
preferreds
anything you can get your money back on
Yeah, i recently pulled the vast majority out of stocks.
I have;
300k in diversified portfolio (stocks/bonds/etc)
180k in cryptocurrencies
250k in gold/silver (physical)
1.2m in cash
I need to do something else with the cash to cover my ass in case of hyperinflation.
0% chance of hyperinflation happening in the us
Please elaborate.
Buy mobile home parks , the depreciation time scale is like 10 or 15 years on capex vs 25 to 30 for apartments and commercial and the operating expenses are only 30 or 40% vs 50 or 60%
So you get just massive cashflow upfront and continuing
>180k in cryptocurrencies
Not that I believe you are a millionaire, but if you did have a couple million, this is where you are fucking up. That, and having a lot of it in gold. Oh, and also having 1.2million in cash. Nobody with that amount of money is this stupid which leads me to believe you are a poorfag who just lies a lot.
What do you think happens to BTC when bail ins occur and the banks steal everyone's money?