Last updated: June 15, 2023
This is the general breakdown of my portfolio. Or at least my target. I will keep this page up to date. Please subscribe for the updates!
- Bitcoin: 30%
- Tangible: 30% (eg. real estate & physical gold)
- Stock Market: 30%
- Private Businesses: 5%
- Fixed Income: 5% (eg. CASH)
I’m sure most of my followers are interested in the stock market, but diversity is paramount in my investment thesis.
Centralized vs. Decentralized Systems
I treat cryptocurrencies as a hedge against the current centralized systems like the stock market. It’s not controlled by any country. It’s a global asset like oil and gold. But unlike oil and gold, it has magical properties where you can seamlessly transact at a click of a button across the world. Bitcoin is secure, borderless, unstoppable, uncensorable, pseudonymous (some are anonymous), and neutral. Since it is not attached to a sovereign country, they are not bound by its laws & natural biases. It is the perfect hedge against such systems in case of failure.
It’s also undervalued. Gold’s market cap is $10 trillion, while Bitcoin is only at $1 trillion. Ignore the volatility – it’s still a 10x potential from here (conservative estimate).
Tangible Assets
We still need a place to live and life to enjoy. So I place importance on tangible assets such as a house, precious metals such as gold, collectibles like watches, or even personal protection such as firearms (although you need a license in most countries). They are great investments. They can also be used as a hedge against inflation.
And it will increase your survival if shit really hits the fan…
US and Emerging Markets such as China, India, and more
Finally, the stock market. It’s easy to invest in the US economy (VTI & QQQM) because it’s where the big guys at (Microsoft, Google, Walmart, Amazon to name a few). But it’s important to recognize that there’s a world beyond the US. Emerging markets (VEE) such as China are set to surpass the US economy within a few years. It would be foolish to ignore them. It is also important to have a diversified portfolio. While history often rhymes, nothing is guaranteed. If all your wealth is concentrated in one country or continent, you would lose all of it if that place failed.
Why predict the future if you can own all the possibilities?