Cautious Stance: A Double-Edged Sword
Choosing a cautious approach has shielded me from some of the inherent risks prevalent in the market. However, this prudence has come at the cost of lagging behind benchmarks and missing out on substantial returns that more aggressive strategies may have captured.
Benchmark Underperformance: A Frustrating Reality
The stark reality of severe underperformance compared to benchmarks is evident. While I've managed to stay ahead of inflation, the widening gap between my returns and market averages is a source of concern, especially with the compounding effect becoming more pronounced as I age.
Real Estate Triumphs: A Foundation for the Future
Recent successes in traditional allocations, particularly in Real Estate, have brought about a shift in perspective. These victories have not only bolstered my confidence but have laid the groundwork for what I believe will be the linchpin of my future portfolio—cash flow.
Cash Flow: The Emerging King
In the current economic landscape, where uncertainties abound, the emphasis on cash flow takes center stage. The notion that "cash is king" gains prominence as I envision it becoming the catalyst for seizing forthcoming opportunities. Without it, opportunity costs will only increase and impact overall objectives over time.
Portfolio Reallocation Dilemma: A Mesmerizing Thought
Contemplating a general reallocation becomes a mesmerizing thought. Yet, the challenge lies in the illiquid nature of my current positions. Striking a balance between seizing opportunities and managing existing commitments poses a complex dilemma. Potential offboarding some of the asset classes will pose a challenge to allocating capital optimally in the coming year or so.
Navigating the Future: A Dynamic Endeavor
As I navigate the future, the imperative is clear—adaptability. Balancing the scales between caution and seizing opportunities will define the trajectory of my investment journey. Regulatory changes will be interesting to experience as they too will impact the ability to execute the plan. It will be a journey as I weigh the opportunity costs, contemplate a potential reallocation, and strive to position myself strategically in the ever-evolving landscape of investments.
Discord: @newageinv
Chat with me on Telegram: @NewAgeInv
Follow me on Twitter: @NAICrypto
The following are Affiliate or Referral links to communities and services that I am a part of and use often. Signing up through them would reward me for my effort in attracting users to them:
Start your collection of Splinterlands today at my referral link
Expand your blogging and engagement and earn in more cryptocurrencies with Publish0x! Sign up here!
My go to exchange is Coinbase; get bonuses for signing up!
The future of the internet is here with Unstoppable Domains! Sign up for your own crypto domain and see mine in construction at newageinv.crypto!
Always open to donations!
ETH: newageinv.eth
BTC/LTC/MATIC: newageinv.crypto
Disclosure: Please note that for the creation of these blog posts, I have utilized the assistance of ChatGPT, an AI language model developed by OpenAI. While I provide the initial idea and concept, the draft generated by ChatGPT serves as a foundation that I then refine to match my writing style and ensure that the content reflects my own opinions and perspectives. The use of ChatGPT has been instrumental in streamlining the content creation process, while maintaining the authenticity and originality of my voice.
DISCLAIMER: The information discussed here is intended to enable the community to know my opinions and discuss them. It is not intended as and does not constitute investment advice or legal or tax advice or an offer to sell any asset to any person or a solicitation of any person of any offer to purchase any asset. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or asset by me. There are inherent risks in relying on, using or retrieving any information found here, and I urge you to make sure you understand these risks before relying on, using or retrieving any information here. You should evaluate the information made available here, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, product, service or other information; I do not guarantee the suitability or potential value of any particular investment or information source. I may invest or otherwise hold an interest in these assets that may be discussed here.