(Ebook) Triangle Investing by Wall Street Playboys

(Ebook) Triangle Investing by Wall Street Playboys

Financial Benchmarks and Overview: In this section we provide a broad overview of how much we think an intelligent individual can be worth by age. This is more of a fun introduction and gives the reader an idea of what we believe is doable without giving up any part of your personal life (still have time to party, have fun and live a free life). We offer three high level strategies: Risk on, Risk Neutral and Risk Averse. By giving away three different ideas, we don’t have to do any sort of specific consulting. Simply decide on your own risk tolerance and you’ll invest in the various asset classes. As usual, we bias towards the positive side. So if you can do better than the numbers we provide, we agree! There are many people who make their first billion dollars before they even turn thirty. Anything is possible. We simply provide a framework for the “ambitious” individual.Overview of Stocks: The basic dollar cost averaging strategy still works. Andwe give away what we own in our actual portfolio (beyond ETFs). We give 1) a basic explanation of why ETFs can cause a large downturn and 2) what we own in our actively managed accounts. The actively managed portfolio is a long-term holding and talks about “where the world is moving”. Some of them have specific stocks we own other parts talk more broadly. This section is essentially tailored for someone in their late 20s or older. If you’re thinking about managing your own money, we assume that you already have a business up and running and a high paying career. Otherwise you should continue with the dollar cost averaging strategy.