European Central Bank and Canada cut rates. Is this the start?
Historically, a cut indicates slower economic growth, leading to a recession.
It’s time to position your portfolio accordingly.
We all evolve over the years, and our investments change over time. Did yours?
If they haven't changed, then most likely, you are behind the curve.
Too many investors decide to invest in the hype or something they think is sexy.
There is always an easy way to do things and then the hard way.
I went from being a contractor to rehabbing real estate.
Then, starting to buy distressed mortgages.
Then, from buying bank-owned real estate to crypto.
With each step along the way, it became easier.
Why Make It Harder Than It Has To Be?
I started as a contractor investing in real estate over 20 years ago.
I did the rehab myself, and it took months.
A lot of headaches managing people.
The simple thing to do would have been to hire contractors.
Investing in restaurants, rehab real estate, and service-based businesses can be difficult to manage.
I always like to say there are a million ways to make a million.
Why choose the hard ones?
The Easier Path to Wealth
Warren Buffet owns stocks that are digital assets.
Berkshire gets paid ~$200 million a quarter just in Apple dividends.
They just had to buy the stock at a good time.
No employees to manage or physical assets. They sit back and collect.
This leads me to one asset class, crypto.
We started acquiring 7 years ago, and yes, there is volatility, but the market is trending up.
People are glued to their phones. Just watch when you walk around.
The world is changing and becoming digitally native.
That is where asset classes, including crypto, AI, NFTs, and security tokens, provide opportunity.
Why do you think the institutions are adding Bitcoin ETFs to their platforms?
The top 1% of investors are reaching out and requesting it.
Remember “Trend is Your Friend” and “Rising Tide Lifts all Boats.”
Conclusion
You live once, and therefore, your time is limited.
Invest in something that brings you joy and is interesting enough to be engaged in.
Just remember, at the end of the day, there are investments that are much easier to manage.
If you want to spend time doing things you love, pick assets that will give you time back.
Skip the ones that cause you more hassle and stress.
