Alright, this post may not be quite what you think.
Basically, I'm looking at REITs, at least the top rated ones in Canada and right now they are selling at over 25% draw-down from the start of the year. These are reliable kings and many have been depressed all the way down to near 2020 bottom-of-the-crash prices.
I don't think there is much further these can go, and as all the buildings they own also counts as an inflation-hedge, my plan is to keep DCA into these fallen dividend-kings.
As for the blue-chip cryptos, it is quite possible with all the massive leverage, that they will continue to fall much further. Even the perma-bull hodlers who have been in there for a long time, have no choice but to liquidate if they are still caught up on leverage.
This means another (possible) large catalyst down for fire-sale prices.
For now, my plan is to DCA into fire-sale REITs, and be cautious of falling knives in blue-chip cryptos. Best of both worlds (if you can hold your margin), pray for an epic crash in cryptos while buying as much depressed stocks in the meantime as you can. Just resist the urge to put on more leverage. The fed has bungled their economy up good... Russia isn't going to be forgiving.
That said, in 5 years it 'may' seem wrong in hindsight to not have focused heavily on crypto at the moment when we look back on 2020. But on a risk/reward... there are some very good equities that don't look like they can fall any further at the moment (knock on wood).
Look on the bright side, use your REIT dividends now to buy up spot crypto later. Or if the FED successfully manages to put the US into a great depression again (looks more likely by the day), then you can pay your bills still with REIT distributions.
Basically, I'm looking at REITs, at least the top rated ones in Canada and right now they are selling at over 25% draw-down from the start of the year. These are reliable kings and many have been depressed all the way down to near 2020 bottom-of-the-crash prices.
I don't think there is much further these can go, and as all the buildings they own also counts as an inflation-hedge, my plan is to keep DCA into these fallen dividend-kings.
As for the blue-chip cryptos, it is quite possible with all the massive leverage, that they will continue to fall much further. Even the perma-bull hodlers who have been in there for a long time, have no choice but to liquidate if they are still caught up on leverage.
This means another (possible) large catalyst down for fire-sale prices.
For now, my plan is to DCA into fire-sale REITs, and be cautious of falling knives in blue-chip cryptos. Best of both worlds (if you can hold your margin), pray for an epic crash in cryptos while buying as much depressed stocks in the meantime as you can. Just resist the urge to put on more leverage. The fed has bungled their economy up good... Russia isn't going to be forgiving.
That said, in 5 years it 'may' seem wrong in hindsight to not have focused heavily on crypto at the moment when we look back on 2020. But on a risk/reward... there are some very good equities that don't look like they can fall any further at the moment (knock on wood).
Look on the bright side, use your REIT dividends now to buy up spot crypto later. Or if the FED successfully manages to put the US into a great depression again (looks more likely by the day), then you can pay your bills still with REIT distributions.
