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My plan is simple: I stopped investing in the market for the moment. Using that money to pay off debt and get my 6 month emergency fund back up. Should be set i
by wonderwonder 4y ago
My plan is simple:
I stopped investing in the market for the moment.
Using that money to pay off debt and get my 6 month emergency fund back up. Should be set in a couple months and debt free.
Then just save every penny I can until the markets are bleeding and people are saying all assets are worthless.
Then I am going to invest everything.
Down payment on a rental property
And the rest 50% crypto / 50% S&P 500 index funds.
- mbesto 4y agoSo you plan to try to time the market AND put 50% (or whatever is the remaining of the rental property) of your net worth in crypto...ehh good luck!
- wonderwonder 4y agoi mean personally for me worst case scenario is I end up debt free with a 6 month emergency fund. As long as I am not in margin and I invest in eth and btc only i am fine. so the market goes down further, I'm still fine and either way i got in lower that I would have if I went all in now.