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August 09, 2018, 04:45:47 PM |
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Cryptocurrencies have more of my attention. I spend hours daily looking at cryptocurrency news and information. However, it is interesting to note that I have only allocated less than 10% of my investment funds towards cryptocurrenices.
What is your investment diversification strategy? Do you break it out by ratios/percentages? How much of your portfolio is in cryptocurrencies, stocks, bonds, mutual funds, etf, precious metals, etc? What sectors do you like/dislike and why?
Here is my approach to diversification: 10% of my investments go to my privately-owned crypto business which is ran as a single-employee S-Corp business including mining and trading of various crypto currencies. the other 90% of investments goes to personal investment and retirement savings such as stocks, bonds, CD, etc.
I don't really have much compared to some people but it's still important to diversify.
So far, I prefer tech stocks and ETFs because they seem lower risk compared to bio-tech (which I also invest in... they just make me more nervous because they seem riskier... like more can go wrong).
Thoughts?
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