Quest

Best ways to secure my wealth for political winter?

13 posts in this topic

@Leo Gura

 

In your latest blog post, you speak of political winter and the need to safeguard your wealth. What are some ways you recommend doing this?

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I think you can dollar cost average your savings into the S&P 500, or Nasdaq 100 if you want more risk/reward. Dollar cost averaging also prevents huge immediate losses in the low probability case of a bear market.

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9 minutes ago, Yimpa said:

 

Right now I'm invested in a whole market etf - 80 stocks and 20% bonds.

Alternatives include retreating to cash, buying gold, investing in LP/personal growth, or a combination of the three.

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When it comes to situations of mass delusion of crowds, you should consider what happens when the hype breaks and the delusions collide with reality.


You are God. You are Truth. You are Love. You are Infinity.

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Cash in the mattress, canned food under the floorboards.


God and I worked things out

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Buy weapons


To desire it is to have it in imagination... 💫

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3 hours ago, ted73104 said:

I think you can dollar cost average your savings into the S&P 500, or Nasdaq 100 if you want more risk/reward. Dollar cost averaging also prevents huge immediate losses in the low probability case of a bear market.

This is the best answer. Trump's administration will do pretty much anything to make sure the S&P 500 doesn't fail. Additionally, you can equip yourself with marketable skills which is the surest way to acheive financial security in the long term. This is timeless advice. 

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4 hours ago, ted73104 said:

the S&P 500, or Nasdaq 100

That is not safe. That is to pitch your tent in front of a stampede of crazed buffalo.

You guys are not thinking. If you were around in the Soviet days you would be first to the firing squads or Gulags.

Why do I even issue warnings if the response is to double down on business as usual?

Edited by Leo Gura

You are God. You are Truth. You are Love. You are Infinity.

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Hmmm depends on your timeframe. If you’re investing for 10+ years S&P500 will be fine. Always goes up ~10% in the long run. If you need it in 4 years then maybe not 

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What about having 25% of capital in defensive stocks and 75% in saving accounts/gold?

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My money literally tripled when Trump got in office. We will see how things pan out. But as an investor, you should think long-term and not try to time the market.


“Our most valuable resource is not time, but rather it is consciousness itself. Consciousness is the basis for everything, and without it, there could be no time and no resource possible. It is only through consciousness and its cultivation that one’s passions, one’s focus, one’s curiosity, one’s time, and one’s capacity to love can be actualized and lived to the fullest.” - r0ckyreed

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