This has been one of the topics I’ve been most commonly asked about. People want to know why I make my decisions and how I decide what to invest in and what not to invest in, but I think there’s a more important conversation that needs to be had first.
The truth is when it comes to investing, the world is in a very different place today than it was for your parents or even your older siblings. For older generations, investing sat in the context of three main things: stocks, real estate, and just sitting on your actual cash. Anything beyond that meant that you were on a totally different level of ridiculous wealth, and you got into shit like fine art.
Today, things are totally different. Now, 20-year-old kids on TikTok are putting out investment videos. It’s no longer something just for parents or something for the wealthy – investing is part of the culture, and everybody feels like they need a piece. The good news is that it’s possible. The bad news is that there are a lot of mistakes and the potential to lose money if you’re not thoughtful and educated.
Now, 20-something-year-old “Fola” isn’t necessarily thinking about buying apartments and renting them out for passive income. She’s not thinking about buying 1,000 shares of Tesla – or maybe she is, but there are a lot more “Folas” out there buying Jordans, comic books, or CryptoPunks…and I think it’s only going to continue from here. There are a lot of different options when it comes to alternative investments, and I think the ecosystem over the next half-century is going to be staggering as people’s portfolios expand dramatically outside of publicly traded stock and real estate.
I can’t tell you what’s right for you. What I can do, however, is share the alt investment spaces that are exciting to me, and provide some insight into how I think about things. I hope you find it valuable.
Everything written below is just my perspective and opinion, and not investment advice. TO BE CONTINUED.........