Can’t Beat Them, Join Them?

in #investing2 months ago

Join Them?.png

The time has come for me to adjust some things in my investment portfolios. As the saying goes, I cannot expect different outcomes by doing the same things! Therefore, I have thought of joining the heard since I cannot beat them. It may be ill-advised given my awful performance from a timing perspective, but I will diversify in order to mitigate risk over the short term in addition to taking a scaled approached in entering the positions.

Interestingly, my broker currently recommends have 89% in equity which is far from where I am. However, I have continued to enter into the market slowly which have put me closer to a 50/50 approach I intend to take over time. The importance of scaling into a position is to be able to adapt to changing market conditions which we have seen as of late. It continues to seem like the markets will remain sustainable given how much monetary and fiscal stimulus continues to be available to the economies which are expected to trickle to companies.

The question of the future will likely be when this will stop and how the market will look from there forward. There has already been talk of rotating between sectors as changes in expectation come true. However, there is still a lot of uncertainty around the future considering the many impacts of the new economy to valuations and markets. In the end, the debt will need to be paid but who will pay it?

Discord: @newageinv#3174

Chat with me on Telegram: @NewAgeInv

Follow me on Twitter: @NAICrypto

The following are Affiliate or Referral links to communities that I am a part of and use often. Signing up through them would reward me for my effort in attracting users to them:

If you are like me and interested in continued personal growth, invest in yourself and lets help each other out by leveraging the resources Minnowbooster provides by using my referral link

Start your collection of Splinterlands today at my referral link

Expand your blogging and engagement and earn in more cryptocurrencies with Publish0x! Sign up here!

The best new browser to protect your privacy while still being faster and safer. Try the Brave Browser today with my affiliate link here:

Try the Partiko Mobile app to engage while on the go with my referral link

Get started on the latest game on the blockchain Drug Wars by signing up here!

If you select one of my above referral links, I will sponsor a @steembasicincome SBI in return. Let me know if you do so in the comments below!

DISCLAIMER: The information discussed here is intended to enable the community to know my opinions and discuss them. It is not intended as and does not constitute investment advice or legal or tax advice or an offer to sell any asset to any person or a solicitation of any person of any offer to purchase any asset. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or asset by me. There are inherent risks in relying on, using or retrieving any information found here, and I urge you to make sure you understand these risks before relying on, using or retrieving any information here. You should evaluate the information made available here, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, product, service or other information; I do not guarantee the suitability or potential value of any particular investment or information source. I may invest or otherwise hold an interest in these assets that may be discussed here.