In your opinion is it worthwhile for those in 20s/30s to invest in

Anyone else ever wish they had just bitten their tongue instead :grin:

I’m not sure what you were expecting tbh, what with your stawman “200% on crypto” and “terrible strategy” with no constructive reasoning. I thought this was a forum for discussion. :man_shrugging:

1 Like

When is the next Freetrade meet up :kissing_closed_eyes:

1 Like

James Shack CWM does lot of good videos on investing/personal finance and has something almost exactly on this topic. Rules for Investing in you 20s and 30s - Rule 7 Risk (timestamp linked)

In other videos he’s further covered the risk of not taking enough risk when you have a long investment horizon.

1 Like

“If you’re finding yourself excited about an investment you’re about to make then guess what, you’re not investing your f****** gambling!” :joy::joy:

Wasn’t expecting to at level of bluntness - he’s right though.

7 Likes

Putting a lot of money into crypto is essentially gambling. There’s a reason why any serious asset allocation strategy wouldn’t allocate more than 5% to crypto.

1 Like

5% seems like a good amount