Loading ...What are you invested in?
It’s hard not to have the impression that a lot of folks here are betting their financial future on precious metals — gold, silver, miners — while ignoring all other investments. And I realize that is quite the assumption to make. So I’m curious, how diversified into other investments are you? The general stock market, real estate, bonds? Equity ownership in a small business? Cryptos? Pot stocks? What percentage of your net worth is currently allocated to a given investment?
For me, my net worth breaks down as:
15% equity in my home
30% equity in rental property
55% in stocks, mainly big tech
5% 3x short bonds
0% precious metals (this would change with a definite gold breakout above 1370)
0% cash
Anyone else care to share? I’m curious where people are really at.
35% prescious metals (more silver than gold)
35% cryptocurrencies (more altcoins than bitcoin)
25% mining stocks (more silver- than goldminers)
1.5% 10x short Nasdaq (long QID options exp 2019)
3.5 % cash
Dangermouse, Thank you. Would you mind telling us which put options for QID that you like?
Do not mind.
JAN19 QID 13C (bought them before the reverse split)
Today that would represent JAN19 QID 52C
These option are cheap right now because everyone is convinced Nasdaq will go to 10’000.
Merci, M. Dangermouse!
This is a good poll question Vajra….only problrm is there will be few voters willing to honestly share their present positions.
lets see
PS….you are definitely in the wrong bar if you are not in PMs all the time.
Most here are. Most of us are not just investors in PMs…its an ideology for many.
Honest Money vs Dishonest Money and all that stuff. The consensus is….That HAS to matter ultimately.
Unfortunately this is taking much much longer than any of us imagined.
Meanwhile I am with you….PMs only approach is not a good game.
It’s a sincere, honest question. We’re all pretty much anonymous here, not sure why someone would be unwilling to say what they’re in. I appreciate Dangermouse’s response: this is what I’m in, no apologies, take it or leave it.
I guess it depends on when you ask that question Vajra.
By that I mean it varies depending on where we are in the larger cycles, namely the real estate & banking (credit) cycle and the commodity cycle.
Right now I am fully invested in property, “blue chip”shares, diversified miners, gold miners and explorers, NO cash.
Equally weighted.
I own a small civil construction & maintenance business with reasonable cash flow so during these times I am geared to the maximum.
That is simply because of where we are in the larger cycles.
The short term cycles are a tool to enter the market but the larger cycles are the “road-map”.
Of course that will change it due course. I am expecting a mid credit cycle slowdown late next year when I will either sell some shares or hedge my existing portfolio (as I do not think it will be very severe or last more than 12 months).
One of the great advantages of shares for me is the T2 settlement here in Australia. I can get my money in the bank in 2 days from sale of share.
Property sales are slow and costly although we have “negative gearing” which makes rental property a good investment when there is growth (as there is at the moment) and high rents.
Hope this helps…
Thanks norvast. I just find it interesting to know how individual posters are actually positioned. The poll results so far show that a lot of people here are actually diversified, despite the focus of this forum. That, too, is interesting.
60/30/10
Real estate/stocks (including PM’s)/cash(including Physical G&S)?
More importantly 0 Debt.
The pole should be what is your Debt? Debt is the next beast O burden in an illiquid world IMO……..
Yes, good point. I’m happy to say that my wife and I are debt free as well, except for mortgage loans.