Investment Portfolio Balancing with Real Estate
Here is how my investments are broken down using approximate numbers.
Real Estate= 60% reflected in equity positions (pays me to own it/dividends in the form of cash flow/appreciation)
Physical Gold= 8% (hedge investment)
Physical Silver= 16% (held as speculative asset with inherent redeemable value)
Bitcoin + other Blockchain via coinbase= 8% (held as speculative asset-long term value unknown)
I know some people will ask how I can be a precious metals bug and own Bitcoin.......The truth is that people much smarter than me have decided that it is a speculative asset class that is worth gambling on. My downside is fixed as my total investment in BCT but the upside can go anywhere at this point.
I am selling a couple of rentals to stack more cash in anticipation of buying opportunities in the near future (6-18 mos). I will offset the CP taxes with hopefully with better equity stakes on the purchase side using the following strategies.
- Conv rental purchase
- Non Qualified Loan Assumptions to Mortgage Wraps to Note sale
- Flips
- Lease to owns
+ more
How does this compare to what you have? Thoughts?