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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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52875286 No.52875286 [Reply] [Original]

I have about 20k in Meta Stock. 20k in Shopify. And 350k in VTI. And I have 475k in cash. I was thinking I'd dca into VTI, VXUS and VB over the next 12 months. Should I begin to add bitcoin to that dca strategy or is crypto fully over? It certainly feels over. Who can afford to speculate anymore? I can but I don't think most people can. I'm thinking d0b0 with $5k for the off chance that it goes nuts in the next bull run, if there is one. I'd also consider owning 1 bitcoin and maybe 7 ethereum and another $10k into some alts with sub 10M mcaps. The ethereum and bitcoin would be 2-5 year holds. Maybe longer. But the alts and d0b0 I'd sell half after the first 5x in price and let the rest ride. But what else should I be looking at outside of crypto? And how should I time going heavy into stocks /crypto or real estate? I don't think now is the deepest discount we'll see. I think it gets worse from here.

>> No.52875290
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52875290

>>52875286
>20k in Meta Stock

>> No.52875347

>>52875290
Bought under $95 though. And I think it could be a good long term hold. But yeah, it's a meme with a meme ceo. I have the meta quest 2 and it's about 10x better than I expected. I've already spent over $1000 after only experiencing it for a couple weeks. I bought a 2nd meta Quest 2 headset, games, accessories, etc. It's fucking fun af. Vr porn is insane too. Not that I expect meta the stock to necessarily be a 10x from here anytime soon but I can see it 3x in 5 years from now

>> No.52875393

>>52875286
My main question is really just about timing. My gut tells me to be patient, sit on cash for another year or two. Waiting for the market to really get ugly. I want to see s&p500 down another 30 percent from here. I want bitcoin below $12k. I want real estate to have foreclosures be on the news. How many years do I have to wait? If I can't have 475k in cash during an event like that.. I could set myself up for life. But if I dca into the markets while SPY (s&p500) is above 350 it doesn't really feel like I'm buying a crash or anything

>> No.52875398

>>52875393
If I can* not can't. Typo

>> No.52875613

FUCK THIS POS BIZNES BORD. NOT ENOUGH WISDOM AND ADVICE COMING IN. I'M LEAVING THIS WEBSITE FOREVER. REDDIT AT LEAST REPLIES WITH SOMETHING WORTH A FUCK

>> No.52875631

That's right fuck every last one of you. If you're reading this... Fuck you. You could have just given some advice but you wanted to make threads about sbf

>> No.52875673

>>52875347
>$20k in meta
Sorry I still can’t get over this. Give me a second

>> No.52875719

>>52875673
Can you explain why I should get rid of meta? It's a money maker as a business. It's valuation isn't lofty when you look at price to earnings.

>> No.52875860

Fuck this bs. I make a thread discussing business and it's a ghost town. Fuck YOU UUUUUUUUUUU

>> No.52875932

>>52875860
You come here to a mostly shitcoin board to try and ask about if crypto is a good investment. Then you proceed to show most of your portfolio is index and low risk funds. Afterwards you have the idiocy to try and justify a minimal holding in a shit company.

Nigger your portfolio is 7 figs and you're asking if a minimal allocation of crypto is worth it. You may as well blow 40k on kucoin shitcoins and a weekend and Vegas because it'll give you the same results you're seeking.

A quick thrill where you might get some money and get to be a crypto bro.

>> No.52875933

VTI is total stock market right? Put half of that into bonds like TLT, LTPZ. Check the holdings of HDGE. Look at trend following strategies like CTA, COM, etc. At least try to diversify.

Cash is great.

Meta is fine but it could very well just die and be replaced by something else. It's populated by boomers who are known to die regularly.

If companies like S, SNOW, CRWD, etc. were not so overvalued I'd say they were good investments but you can never be sure in this market. Eventually CRM will turn around and outperform the market.

On the value side, BN, MKL, BRK.B are safe bets. Also no one is talking about PBR.A, obviously a political risk but it will pay at least 20% div for the foreseeable future.

Whatever miners survive this crypto winter will do well. Just wait for them to retrace past the .382

How did you manage to make your wealth and keep it through this horrifying year

>> No.52875978

Short term treasuries or CDs are pretty good right now. The yield curve is still very very inverted so anything 1 year and under is good. Depending on your time horizon starting a DCA within Q1 is not a bad call. I am torn myself with how to DCA my cash wad (only 70K + 75K treasuries). Things may take a while to go down more, and even then how much lower will they go? I've started plopping my cash into that market and I have defined points where I need to sell. If you have that discipline go for it, otherwise nothing wrong with CD/treasury ladders until things look a little clearer.