What's the best asset you can just buy and forget about? Running a business and have no time for looking at charts or timing markets, but don't want to keep everything in the bank losing badly to inflation
>>61028206if you need to retain access to cash, but want some upside in case rates drop down too much you can distribute your money the following way:70% Cash/MMF/Short-term bond fund/Etf15% Stock ETF15% Gold ETC
>>61028247Thanks, likely won't need any of the money. Thinking 90% VOO maxed in a 401k/IRA and 10% cash. Also considering BTC but not sure it's worth it anymore, might fuck me up mentally speculating on it and looking at charts, news, hopium etc. I think a better ROI is just focusing on a business for wealth
>>61028247inflation is >6% and bonds are paying ~4% which ends up being <2.5% apy after taxes, its a pretty big loss >3% every year
VOO/SPY. Don't overthink it. If you want to be cute do 80/20 VOO/Bitcoin (IBIT fund).
>>61028408yeah, seems a more aggressive equity focused strat in a tax advantaged account to be the way to go>>61028408Prob just going 90% VOO (in my IRA/401k) and 10% Cash. That 20% is still a big mental cost. 20% allocation would make it impossible not to check the charts and news. If Bitcoin drops 25% in a week then my entire portfolio would take a 5% hit. Too much distraction.
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>>61028428Investing is partially faith based. There is nothing you can do about intermediate rises and falls. You have to have faith in the underlying mechanics that make something a good investment. I'm 40/40/20 VOO/SSO/IBIT, so it's fairly more aggressive than a typical all VOO portfolio, but it wins out over time. This stuff is set and forget, buy dips and ride.
>>610282063x leveraged gold etf if you are a man of steel.
>>61028206Something like vanguards cash plus or Fidelity's cma can be useful for money you haven't invested yet. Fidelity is easier to use as a traditional bank account as vanguard gets rejected by some entities, but both can give something that almost keeps up with inflation on uninvested cash.Otherwise, find something you can convince yourself is a good idea to invest in for set and forget. Fama French factors are one, and Avantis offers good ETFs capturing those factors with AVDV and AVUV for international and US exposure (literature suggests something like a 60% US / 40% International split is best). Stocks are the only thing worth holding according to Scott Cederburg's research, bonds and the like too often give a negative real yield compared to inflation despite looking attractive as a less volatile investment in the short term.If you want to get autistic at any point something like QMOM from alpha architect should on paper capture the more critical factors and give better returns, but it takes more research and convincing yourself to not check on it frequently.And yes max out tax advantaged accounts, ideally mixing between traditional and Roth if you can drop a tax bracket.
