What are your diversification strategies?

[BreathOfZen]

It used to be that the way one diversified their wealth was to break it into three main parts:
1. Cash
2. Gold
3. Artwork

Along those lines, I've taken to the 21st century version:
1. Bitcoin (of course.)
2. Gold (still strong!)
3. Magic Cards (games are this generation's art.)

That's just me though.  How are you all diversifying YOUR holdings?

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[keithers]

I invest in BTC, LTC, international equities, mutual funds, bonds, a few individual stocks, and stay liquid with cash. Oh and a couple annuities, and life insurance

[HairyMaclairy]

My single largest investment is in my education - tech literacy in a rising technocracy. Bitcoin is only one facet of that. I am deep into automation as well.  

Physical assets are mostly real estate with some shares and bitcoin.  But those are less important in the scheme of things. 

[empoweoqwj]

Bitcoins, a few select altcoins, and cash. Gold is due for a long hard fall IMHO.

[Lethn]

Bitcoin/Altcoins/Gold/Silver/Gemstones

I'm adding Altcoin there because you need to have something in case Bitcoin ever really does come under attack, but that's not a very likely scenario.

[trace666]

1. Cash
2. Gold
3. Artwork

How about real estate? the stock market?
I don't see a lot of people flock to the Fine Arts.

[empoweoqwj]

1. Cash
2. Gold
3. Artwork

How about real estate? the stock market?
I don't see a lot of people flock to the Fine Arts.

Investing in Fine Arts has proven a winning strategy the last 20 years, but yeah, its a bit niche, like "classic cars". Your examples are much more mainstream ways to diversify

[Cubic Earth]

My rough asset allcation:

20% Land
50% Bitcoin (Started as less than 1%)
5%   Precious metals
10% Index Funds
10% Cash + Bond + Money Market
5%   Other

One thing that differentiates asset classes is the size of the barrier to entry.  Gold is accessible to just about anyone.  $50 would be enough for some gold chain.  Fine art I consider to be on the other end of the spectrum, especially considered you should probably have a few different pieces to be diversified.  If I had the means, I would buy a Stradivarius violin, and then loan it out to a world-class musician.

Bitcoins barrier to entry is mostly the technical know how, although that keeps getting lowered every passing day.

[Ibian]

ALL IN!

Also considering changing one bitcoin to lites, just on the chance that they increase faster. No big loss if they don't.

[troy112]

land
gold
bitcoin
cash

not much of a paper person...

[skivrmt]

It used to be that the way one diversified their wealth was to break it into three main parts:
1. Cash
2. Gold
3. Artwork

Along those lines, I've taken to the 21st century version:
1. Bitcoin (of course.)
2. Gold (still strong!)
3. Magic Cards (games are this generation's art.)

That's just me though.  How are you all diversifying YOUR holdings?

It's an interesting diversification of course.  I'm surprised there's no stocks or bonds in there.  Gold is not really an investment although lately (ie, last 10 years) people have used it as such.  It's a hedge.  Look at the return of gold over the long run (not 10 years), and compare it to basically anything, stocks, bonds, real estate etc, it's basically last in return vs. inflation.

I'm not saying it's not good to hold, I think its great to hold, more than 20% of your holdings, probably not.  I don't know enough about artwork or magic card enough to comment on.

[aminorex]

For a very reliable rate of return, vintage Armagnac is hard to beat.

But in practice my diversification strategy is to buy many different flavors of bitcoin.  May, September, January bitcoins.  At that point, I have nothing left for broader diversification.

[BreathOfZen]

I'm not saying it's not good to hold, I think its great to hold, more than 20% of your holdings, probably not.  I don't know enough about artwork or magic card enough to comment on.

It may sound funny, but high-end magic cards have had a higher rate of return then the dow jones for pretty much every year since they Magic was created over 20 years ago, including this year.  In a way, they've sort of been like the Bitcoin of the 90's.

[skivrmt]

I'm not saying it's not good to hold, I think its great to hold, more than 20% of your holdings, probably not.  I don't know enough about artwork or magic card enough to comment on.

It may sound funny, but high-end magic cards have had a higher rate of return then the dow jones for pretty much every year since they Magic was created over 20 years ago, including this year.  In a way, they've sort of been like the Bitcoin of the 90's.

I am not doubting you at all, just didn't know enough about them to make any comments about diversification!  Just know they are like a commodity, only worth what someone, at some given time, is willing to pay for them, very similar to gold, bitcoin, etc.  It's an interesting concept to have cards as a diversification tool though.  But I would still recommend owning something that has real worth because of what it actually is.  Land, real estate, stock, etc.  More the merrier.

[Jungian]

My rough asset allcation:

20% Land
50% Bitcoin (Started as less than 1%)
5%   Precious metals
10% Index Funds
10% Cash + Bond + Money Market
5%   Other

One thing that differentiates asset classes is the size of the barrier to entry.  Gold is accessible to just about anyone.  $50 would be enough for some gold chain.  Fine art I consider to be on the other end of the spectrum, especially considered you should probably have a few different pieces to be diversified.  If I had the means, I would buy a Stradivarius violin, and then loan it out to a world-class musician.

Bitcoins barrier to entry is mostly the technical know how, although that keeps getting lowered every passing day.

Do you know of a good guide to buying land? I want to get in on this, but have 0 idea where to start.

[empoweoqwj]

My rough asset allcation:

20% Land
50% Bitcoin (Started as less than 1%)
5%   Precious metals
10% Index Funds
10% Cash + Bond + Money Market
5%   Other

One thing that differentiates asset classes is the size of the barrier to entry.  Gold is accessible to just about anyone.  $50 would be enough for some gold chain.  Fine art I consider to be on the other end of the spectrum, especially considered you should probably have a few different pieces to be diversified.  If I had the means, I would buy a Stradivarius violin, and then loan it out to a world-class musician.

Bitcoins barrier to entry is mostly the technical know how, although that keeps getting lowered every passing day.

Do you know of a good guide to buying land? I want to get in on this, but have 0 idea where to start.

1) Find a country where you are legally entitled to buy land as a foreigner
2) Find out land appreciation prices in these countries
3) Hop on a plane to the top three locations

[Cubic Earth]

I have come to own land though partnerships, and both parcels that I am involved with I came across though personal connections in my life.  I have also seen similar patterns with my friends.  

I am sure there are guides, but I don't know of any myself.  I think it is harder if you spend all of your time in a city.  It really helps to know an area and then you can be attuned to opportunities.  And - have cash ready to go.

I don't know too much though, I'm sure there are experts on here that could give you much better advice.

[empoweoqwj]

I have come to own land though partnerships, and both parcels that I am involved with I came across though personal connections in my life.  I have also seen similar patterns with my friends.  

I am sure there are guides, but I don't know of any myself.  I think it is harder if you spend all of your time in a city.  It really helps to know an area and then you can be attuned to opportunities.  And - have cash ready to go.

I don't know too much though, I'm sure there are experts on here that could give you much better advice.

Definitely not something to rush into, or you will be sold a plot of land someone else already owns or is worthless for some other reason but opportunities for purchasing land do exist, you just need to do a heck of a lot of "due diligence"

[_Miracle]

Real estate, precious metals, "certain" speculative endeavors and education but I'm upside down, with the lofty "goal" of getting it together enough to file B.K. this year.

I'd like it to be
Multiple income producing properties, Stocks, Precious Metals, interests in privately owned companies, art, classic vehicles/motorcycles and that my days are spent working for a foundation for foster children all the while being very well insured.

[_Miracle]

My rough asset allcation:

20% Land
50% Bitcoin (Started as less than 1%)
5%   Precious metals
10% Index Funds
10% Cash + Bond + Money Market
5%   Other

One thing that differentiates asset classes is the size of the barrier to entry.  Gold is accessible to just about anyone.  $50 would be enough for some gold chain.  Fine art I consider to be on the other end of the spectrum, especially considered you should probably have a few different pieces to be diversified.  If I had the means, I would buy a Stradivarius violin, and then loan it out to a world-class musician.

Bitcoins barrier to entry is mostly the technical know how, although that keeps getting lowered every passing day.

Do you know of a good guide to buying land? I want to get in on this, but have 0 idea where to start.

Do you want to buy raw undeveloped land or property that produces cash flow? As another forum member pointed out, it's best to buy in an area that you are familiar with. Actually it's best to invest in assets that you are familiar with.