In this video, I wanted to share what my #1 financial goal is for 2018.
You can pretty much sum it up in two words - diversified portfolio!
My #1 Financial Goal for 2018: A Diversified Portfolio!
7 years ago by louisthomas (75)
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- + nanzo-scoop: $6.208 (20%)
- + cornerstone: $2.808 (33%)
- + louisthomas: $0.804 (100%)
- + hedge-x: $0.693 (100%)
- + thorthur22: $0.534 (100%)
- + cryptocat: $0.461 (100%)
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- + trevonjb: $0.357 (1%)
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- + cryptotem: $0.044 (11%)
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- … and 40 more
Like you I'm entirely in crypto and was hoping to diversify into other investments this year. My biggest hurdle is that I don't know much about the stock market, or investments in general, and just figuring out where to start looking and what to start reading is daunting.
I hope you make a few videos on your journey learning about the stock market or other investment means (even if it would be different depending on the country) so we can help out or learn along with you.
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Will do! Would highly recommend reading "The Intelligent Investor" if you haven't already :)
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Anyone we help the poor also is very poor by voting, please give us vote thanks
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Great proposal!
A Goal written down and followed up with a plan is sure to have success.
Thanks @louisthomas
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Nice call on the stock market crash! A lot of good points you make here, especially the one about having some cash on hand to take advantage of unforeseen opportunities.
About a year ago we moved all our money from stocks to crypto, and current financial breakdown looks like this:
We definitely should have sold more coins in Dec/Jan or converted to Tether, but we got caught somewhere between being noobies and holders and couldn't pull the trigger. If the cycle continues at the end of 2018, hopefully we can put this experience to use.
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I recorded this video literally hours before news broke out of the crash in the stock market.
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Good points you should always diversify, but that won't make sense if everything is going down. I've just finished writing a post about why I think Bitcoin will go as low as 3000$ and dragging the whole market with it. Check it out, I would like to hear your opinion.
https://steemit.com/bitcoin/@drumsta/ta-is-bitcoin-falling-to-3000usd
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It’s never a good idea to go 100% into one area. Diversifying is sensible.
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You sure you want to diversify now? Check the market.... back in the game! 👊
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Anyone we help the poor also is very poor by voting, please give us vote thanks
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