I have been investing aggressively in high risk etfs, stocks and crypto for past 10 years and it is going well. I want to be able to reach 2 million in the next 10 years. I currently have 200k. At what portfolio value can/should I start becoming more conservative and still meet my goal? I’d back off the leveraged ETF’s and move to “blue chips”.
>At what portfolio value can/should I start becoming more conservative and still meet my goal?you are still far off your goal. depends on you.if you get to 1m then you could put most into sp500 and just wait like 10 yrs, but it depends on how quickly you need the money
>>62229067Well what's your regular income?You can obviously take traditional S&P 500 returns and plot out at what duration and portfolio value that'll get you to $2M. But in a ten year maximum timeframe that's going to be bleak. So can you put any more in?
>>62229067Assuming 11% gains? $710,000 if you just let it sit in VOO or something without additional contributions
