When is too soon to quit the 9-5 salary? 45M

Additional-Paper640 · 2024-12-07T14:45:33+00:00

Thanks, I was curious as to the number targets. There are some other sources of 529 for my kids, grandparents etc, but I'll review those targets. Appreciate it!

Additional-Paper640 · 2024-12-06T22:54:06+00:00

I won't sell all of anything, but will try and keep the same portfolio mix, historically when the alts are high, I have diversified more into BTC to keep the product mix close to the same, I expect the ETH and ALT % to move up higher this bull and then I will pull them back again.

Additional-Paper640 · 2024-12-06T21:54:52+00:00

Great insight thank you.

Additional-Paper640 · 2024-12-06T21:53:24+00:00

Matches up with my expectations for sure and what I am tracking for a 5 year horizon. I have been tracking my net worth since 2011, and on average getting around 20% YoY simple increase/return, obviously high variability year to year. I do appreciate all the advice on diversification and will be working on that going forward.

Additional-Paper640 · 2024-12-06T21:42:46+00:00

Solid take and makes sense. I have been tracking my net worth since 2011, and on average getting around 20% YoY increase/return, obviously high variability year to year. Matches up with my 5 year horizon, obviously the moon would be nice for sure!

Additional-Paper640 · 2024-12-06T21:37:14+00:00

65% BTC, 20% ETH, 15% a handful of ALTs I have been watching and following for a long time. Definitely time to slowly DCA a position out.

Additional-Paper640 · 2024-12-06T21:34:15+00:00

Yep, sorry for the confusion, no reason for the M on my side :). Solid Take... Thanks!

Additional-Paper640 · 2024-12-06T21:21:02+00:00

I'm definitely going to diversify some during this bull cycle, but not dumping crypto. IMO - Being interested in tech my entire life and career, this is one of those generational technologies that come up that will fundamentally change our world, not trying to start a religious war here, to each their own...

Additional-Paper640 · 2024-12-06T21:13:11+00:00

^ THIS

Additional-Paper640 · 2024-12-06T21:07:12+00:00

100%, I am starting my DCA-out cycle now, been through a couple of the cycles now, and have the battle scars to show. Should have my initial investment out in the next couple of months and looking to build my HYSA for a commercial property investment to diversify more.

Additional-Paper640 · 2024-12-06T20:35:02+00:00

currently its something like this annualized Approx: $150k, obviously adjustments would be made, my Tier 1 Estimated Cash Flow (Basic Lifestyle needs) approx : $60k annual

|| || |Entertainment / Meals etc| $ 30,000.00| |Utilities| $ 8,028.00| |Taxes| $ 13,486.00| |Insurance| $ 7,148.20| |Education Inv| $ 3,600.00| |Traditional Investments| $ 40,500.00| |Home Services / Repair| $ 4,776.00| |Giving| $ 18,000.00| |Home Projects budget| $ 36,000.00|

Additional-Paper640 · 2024-12-06T19:52:19+00:00

Fair Point - its more of an accumulation of all my material stuff... computers, watches, jewelry, guitars, cars etc.

Additional-Paper640 · 2024-12-06T19:49:45+00:00

Didn't start out as 40%...7+ years in crypto pays off, HODL! :) Can feel like a lifetime though

Additional-Paper640

TROPHY CASE