If you had $150k in assets and $3k leftover every month from paychecks, would it make sense going all in index funds or BTC or something else like building a business? Goal is to retire within a decade (I'm already 29)
>>6204606878% of new businesses fail within a year, 93% fail within 5 years, and 97% fail within 10 years.Just fyi.
>>62046106So, then, what? Double down on my job + BTC/index funds and hope for the best?
>>62046111pretty much yes minus the btc. dont do that.
>>62046115just index funds? auto buy until I'm like 50s then? sucks to wait that long to retire. Right now I have 50k in short term treasury bills waiting to dca into btc. Do you think I should just buy VOO with it instead?
>>62046119no one gets rich over night. its a slow ass grind but at least you have a very high chance of success. your time on this earth is limited and dont have unlimited attempts at shit like risky assets or business ideas.
>>62046111>Double down on my job + index funds and hope for the bestYes. Don't bother with BTC though.>>62046119>just index fundsMostly index funds, yes. No more than about 10% in individual stocks. I've got a bit over $2m in the stock market, of that only $128k are in individual stocks, the rest are in index funds. While it's true that you can make bank investing in the right companies, "the right companies" are only obvious in hindsight. In the late 1980's the Next Big Thing was AI, but had you invested in Symbolics you would have lost everything within 5 years. In the late 1990's the Next Big Thing was the Internet, but had you invested in Sun Microsystems ("The network is the computer") you would have lost almost everything within 5 years.>auto buy until I'm like 50s thenyes. It's very much a tortoise vs hare situation.
>>62046068engaging data retirement calculator is useful to understand the power of investing solely in broad market index funds with an understood CAGR if you are ever tempted to stock pick and try to beat the market (that is, most people will not beat the market, and getting the market return means you will almost certainly retire within your timeline if you are comfortable with a moderate lifestyle). Current research shows a 100% stock allocation is actually the correct decision for almost everyone, at any age (as opposed to bonds, precious metals, etc). From there it's ideal to have a good amount of international exposure while keeping a bias toward your home country - if you are in the US, say 60% US and 40% international. From Fama-French the data shows that a small-cap value tilt to the portfolio is also beneficial to capturing a risk premium, although it has not played out this way in recent decades and no one has a good explanation of why. Something like Avantis' funds AVDV and AVUV make it easy to target these tilts if you decide to go down that path.See Scott Cederburg for actual analysis of all this, Ben Felix's podcast and his videos in general to make it digestible.If you actually have something valuable for the world then of course a business will outperform, but the likelihood of that being true is very low when index investing can be done in such a way that at no point in history would you have failed - even considering things like retiring on Black Monday.And during your working years, look at market downturns as a way to get more value for your 3k/month going in. Crashes are even better. Never pull out unless you're literally destitute.
>>62046068Long btc 25x-30x it is safu.
>>62046068all in btc, ignore the index retards.
Stack cash short term, we are only just edging onto the tip of the bad times.Ignore BTC, it's had its day (It really is different this time).Buy index funds in the medium to long term.
>>620460685% Bitcoin (in an etf or hot wallet).5% Gold mining stocks.85% Stocks.5% Money Market Fund.
>>62046068100% in physical silver
>>62046068I was in your shoes when I was 29 and was able to retire last year at age 36 (actually could've done it a few years earlier). While working I moved 80%+ of my disposable income into BTC, ETH, and megacap tech stocks.>picrelated
>>62047464>recent finances for comparison
>>62047464too bad you will be broke soon as trump destroys world economy
Going all in on WORLD market if not american. Stuff like XEQT if Canadian.If you are american go all in on sp 500 is fine.Don't bother with crypto or maybe 5 % in it.Building a business if not fun for you or a hobby is painful and not a good return of the time you invested may as well do overtime or get a second job. Then again passive income very good.
>>62047465>crypto>750k saggy baggies
all in btc
>>62046119that's the game for people like you and me. There is a 3% chance you make it and retire before 35 and live a life of luxury. But you can only make that gamble once, and if you fuck you'll wage for the rest of your life and never retire. Trust me, you want to play it safe. The bigger that number gets, the faster it gets bigger-er.>Time in the market beats timing the marketIt's true. It's always been true, don't fight against it.
>>62046068why do only whites and browns want to retire? jews to ever retire early
>>62050981Whites are in hard wagie jobs. Construction, jobs where you're on your feet, IT, programming. Hard jobs that are demanding and take 8+ hours 5 days a week.Jews get themselves into extremely easy high paying high status jobs. Lawyer. Judge. Various board level positions. Specialty doctor. Dentist. Jobs where they work 4 hours a day a few days a week, at most.My wife is a doctor and teaches med school students sometimes and I don't think she has ever worked an 8 hour day. Ever. She leaves at like 8 am and is home by 2 pm. She plans to work until she's 80.
Probably makes sense to put a little into Credit Score Protocol via ShibaSwap
