Broke Ass Capital

[hilmy83]

Starting a new journal to document my performance across different investment categories that I have money in against the s&p. I figure that's the best benchmark for the regular working Joe like myself.

Early on, I had 100% of my "investment" in the futures account. Later on I thought I needed to diversify into other investment types. This is a rehash of that goal.

These are the current target allocation for each investment type.

1. futures (MES daytrading) -15%
2. growth stocks -40%
3. options/dividend-20%
4. Crypto- 5%
5. REIT (non public)-15%
6. Venture startup-5%

Right now I just have a bit over 20k invested across all of them and they are quite heavy on the futures side. Over time I hope to rebalance to get to the target allocation. Will go into details of each category and the overall justification of this approach.

 

[Nobert]

6. Venture startup-5%

Locally - face to face or via some global platform ?

 

[hilmy83]

Locally - face to face or via some global platform ?

on a public platform for now. Used startengine and withvincent to scour opportunities.

Although I am open to local/face to face when the time comes

 

[blink18]

Starting a new journal to document my performance across different investment categories that I have money in against the s&p. I figure that's the best benchmark for the regular working Joe like myself.

Early on, I had 100% of my "investment" in the futures account. Later on I thought I needed to diversify into other investment types. This is a rehash of that goal.

These are the current target allocation for each investment type.

1. futures (MES daytrading) -15%
2. growth stocks -40%
3. options/dividend-20%
4. Crypto- 5%
5. REIT (non public)-15%
6. Venture startup-5%

Right now I just have a bit over 20k invested across all of them and they are quite heavy on the futures side. Over time I hope to rebalance to get to the target allocation. Will go into details of each category and the overall justification of this approach.


View attachment 258067

Is this portfolio leveraged?

 

[hilmy83]

Is this portfolio leveraged?

tricky question since technically futures is a leveraged instrument

But I'm not using margin when making other investments, 100% cash.

 

[qlai]

Were you the guy assembling dividends portfolio?

 

[hilmy83]

Were you the guy assembling dividends portfolio?

yessir in my first journal. Initially i had a few dividend stocks to get some passive income while i traded NQ. Then narrowed down to just KO to do wheel strategy on it. somewhere down the line, i lost my head and withdrew my KO holdings to support my losing futures account

so now we're back to start with addtional sources of possible growth/income.

i promise i will never take out the investments once i'm in to float my crack (futures) habit. added my wife to the 2fa contact on some of these accounts so hopefully that helps

 

[BMK]

Right now I just have a bit over 20k invested across all of them and they are quite heavy on the futures side.

Just curious exactly what you mean...

You have $20K allocated among those six investment types?

Or you have $20K in each of those investment types, and you are going to rebalance?

 

[hilmy83]

Just curious exactly what you mean...

You have $20K allocated among those six investment types?

Or you have $20K in each of those investment types, and you are going to rebalance?

20k total across all of them. Need to rebalance as I get more funds

 

[tsznecki]

20k total across all of them. Need to rebalance as I get more funds

I don't know which country you are in and your standard of living. So no offense, but 20K (USD?) is not generally quite a large sum in the big picture.

Consider not diversifying and making more gains. Maybe at 100K USD you can start diversifying, you currently need to get up the growth curve more.