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/biz/ - Business & Finance

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29649440 No.29649440 [Reply] [Original]

I just got hired at my first real job bros. What should my asset allocation ratio be? I'm thinking 1/3 real estate(via a mortgage payment) 1/3 SPY 1/3 crypto, buying BTC/ETH/Link.
Does this seem good enough to accumulate wealth?

>> No.29649491

>>29649440
Fuck no. Go all in crypto for the remainder of the bull market

>> No.29649498

real estate should be done via reits, not by purchasing single units.

>> No.29649557

>>29649440
If you're early mid 20s and have an emergency fund, yolo into crypto alts. Worst case you start over in a few years

>> No.29649588

>>29649498
>reits
can you give a quick rundown on that? I'm still going to rent an apartment, might aswell use the money to accumulate an inflation resistant asset, no? If I buy reits wouldn't it just be better to put it all on the SPY?

>> No.29649711

>>29649498

He’s paying his mortgage not investing

>> No.29649860

>>29649711
>paying his mortgage is not an investment
are you retarded? buying stocks is speculating.
buying something that reduces your living costs is investing.

>>29649588
you probably don't understand.
REITs are hypercapitalist neofeudalism slumlord chads.
if you buy an apartment to rent out, you're more likely to get roped by your wage slaves.

>> No.29649911

>>29649491
bull market already looking shaky and everything already mooned

>> No.29650089

>>29649911
Lool
Micro strategy bought 1billion something at 51k and some other dude wants to buy 4billion worth. Bitcoin touched 1 trillion market cap too. Btc was this sht a few weeks ago as it was hovering from 30-40k levels. This shakiness is normal.

>> No.29650192

>>29649911
also something something miami wants to add bitcoin to the treasury of miami
Paypal news from the past along with visa and master card. That one meeting saylor had with a bunch of fortune 500 companies too (think about it. He bought 1bil MORE AFTER that meeting meaning that meeting was bullish and boosted his confidence in bitcoin). Tesla adding btc to balance sheet. Etc. Still performing well within the stock to flow model too

>> No.29650222

>>29649440
Is that a man?

>> No.29650938
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29650938

That's a man 100%
U gay nigger
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