- Mar 22, 2003
- 28,990
- 17,661
52 Weeks Savings Challenge (2024 Edition)
- Jul 19, 2012
- 8,694
- 14,815
He said no more than 5% of my portfolio should go into crypto. Sounds about right. It seems to volatile.
- Mar 22, 2003
- 28,990
- 17,661
Again, who do you use? If you are sitting on 100k of powder you need a new person immediately
- Jul 19, 2012
- 8,694
- 14,815
I'm sitting on 100k because I hoarde money because I'm so afraid to lose it to bad investments. Too many stories of people losing money including family members.
I use a guy at prudential.
I use a guy at prudential.
- Mar 22, 2003
- 28,990
- 17,661
Why not just put it in the S&P 500 then? You are familiar with that?
antidope
Supporter
- Jan 2, 2012
- 63,603
- 68,248
5% feels right. I'm very anti cash in general for myself and anyone who's still in the wealth accumulation stage.
- Jul 19, 2012
- 8,694
- 14,815
I am. I already have about 50000 invested in some low to medium risk stocks.
- Jul 19, 2012
- 8,694
- 14,815
I'll probably just keep playing it safe with bonds and Lower risk investments. I'll do about 5000 in bitcoin and see where that takes me.
- Mar 22, 2003
- 28,990
- 17,661
See ya on the moon
- Jul 19, 2012
- 8,694
- 14,815
What about gold? 
- Mar 22, 2003
- 28,990
- 17,661
What about gold?
That’s 7% of my portfolio
antidope
Supporter
- Jan 2, 2012
- 63,603
- 68,248
I don't see the use case for holding any gold at all.
antidope
Supporter
- Jan 2, 2012
- 63,603
- 68,248
But why
- Mar 22, 2003
- 28,990
- 17,661
Got gold bars handed down to me from gpa I ain’t selling - I’ll hand them down someday
antidope
Supporter
- Jan 2, 2012
- 63,603
- 68,248
Ahhh. But you don't pay storage costs right? You just keep them in your house?
- Mar 22, 2003
- 28,990
- 17,661
No storage fees - keep it with a bunch of other stuff including watches, sports memorabilia too.
- Aug 28, 2014
- 3,888
- 6,278
- Jul 19, 2012
- 8,694
- 14,815
So I told my advisor to put 50000 into s&p500, use about 10000 for higher risk stuff then putting like 5000 into bitcoin.
Keeping the rest in my savings. I still need to finish my basement
Keeping the rest in my savings. I still need to finish my basement
- Jan 25, 2001
- 1,164
- 1,120
Week 7 done 
- Jan 16, 2006
- 378
- 41
Welp. I have 7 weeks to catch up and then some…
- Jan 25, 2001
- 1,164
- 1,120
Week 8 done
- Jan 25, 2001
- 1,164
- 1,120
Week 9 done
rbk93
Supporter
- Jun 29, 2016
- 14,259
- 13,578
I guess I'll be in for a custom challenge. Just save a percentage of my paycheck/tips whenever I cash out on the day to day.
- Jan 25, 2001
- 1,164
- 1,120
Week 10 done
- Jan 25, 2001
- 1,164
- 1,120
Week 11 done
