DIVERSIFY YOUR FOLDER
As an investor you should be well diversified. Especially with so much going on in the world. I hate when people say I'm just going to hold my cash because I'm worried I will lose it playing the stock market. What they don't understand is that their cash is the worst investment they can make. It loses value every year due to inflation. Its like putting your money into a CD that loses three percent a year. Here is a well diversified folder
Gold- 5-6 %
cryptocurrencies- 2-4%
Stocks you believe in- 20-30%
Index funds (Vanguard)-20-30%
Bonds- 5%
Yourself, this includes land, businesses or anything else you believe in. Always invest in yourself and your ideas. Don't be scared to lose cash because you are already losing it when it is sitting around in your savings account. 40-50%
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