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Can you make my portfolio better than it is? (opening up)

HappyStoic

Contributor
Read Millionaire Fastlane
Mar 11, 2018
9
22
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San Francisco
Hey Fastlaners,

Today I wanted to be open and show you my balance sheet. I've been cracking my head about it and might be making a change in the next months. Am I diversified enough? I'll write it down and share with you part of the reasoning behind it.

Reasoning:
Basically, I believe the stock market is going to have a major correction. RE will be hit too. Crypto will crash 95% within a year or two. The only way I see stocks not crashing is if the USD decrease in value significantly because of quantitative easing from the FEDS. I think silver is undervalued and gold might be a great hedge against inflation. I find it difficult, altho still possible with lots of effort, to find undervalued property.

Assets:

170k Euro in the bank
100k ETF Physical Gold
25k ETF Physical Silver
30k Crypto portfolio
45k AR High interest business loan
25k SHORT position Dow Jones 4.5 leverage (100% loss when the Dow goes over 30k)
135k RE apartment producing 5% cashflow in the past years but with great appreciation potential

No debt
 

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