I am 23 and have only a few monetary obligations (about 17K/12 months in whole bills). Pretax earnings is about 105K/12 months. I reside within the Midwest US. I’ve a really very long time horizon for my investments. That is my present asset allocation primarily based on costs immediately:
Complete Allocation
Shares Allocation
My shares are 100% VTSAX (with a VTSAX equal in my 401K). Crypto is 100% BTC. With my earnings, I might proceed to speculate about $500 / week for the rest of the 12 months primarily based on my bills and estimated 2021 tax legal responsibility whereas nonetheless sustaining my emergency fund.
When you had been in my sneakers, would you:
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Maintain all shares and greenback price common $500 / week into BTC for the rest of the 12 months
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Promote some shares within the taxable brokerage account (46k are long-term capital good points) to DCA extra into BTC for the rest of the 12 months
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One thing else
If possibility 2, how a lot from the taxable brokerage account do you promote?
I understand everyone seems to be totally different and conditions differ quite a bit, however my threat tolerance may be very excessive since I’ve a very good profession and minimal bills. I can stand up to the volatility of crypto no downside. I’ll proceed to max out my 401K and Roth IRA in 2022 as effectively (already maxed out this 12 months). Simply questioning if most individuals in my place would promote some shares within the taxable brokerage account for crypto.
