none of that is for me i now know. if i had 100k i would put it into an annuity paying 5% per year or something like that. guaranteed income. then take that $5000 per year which is $480 per month and use it for whatever i wanted to. maybe buy a little bitcoin here and there. i'm pretty risk averse as you can see based on my past experiences...
thanks for the questions and responses. i appreciate them all.
Gotcha. I agree with your point about calculated risk. I’ve got a big portion of my funds in more stable investments as well, ETFs, bonds etc.
I don’t think there is such thing as a riskless and high reward investment. I think of it as more of a balancing act; investing in Bitcoin can be risky but as far as returns go it can go fairly high. Traditional investment vehicles are not as risky but doesn’t exactly yield a very high return as opposed to assets like crypto.