My Investing Strategy for 2021

TL;DR

A YouTuber discusses upcoming changes to their investing strategy for 2021, including property investment and broadening industry knowledge.

Transcript

hey guys welcome back to the channel we are so close to being finished with the new money advent calendar it is ridiculous happy christmas eve here we go the 24th of december 2020 only one more video after this one to go and we are done for the new money advent calendar so thank first of all thank you to everybody that has tuned in every day of dec... Read More

Key Insights

• 🥹 Holding high cash levels can mitigate market risk during specific investment goals.
• ☢️ A balanced mix of passive and active investing can provide stability and growth opportunities.
• 🥺 Broadening industry knowledge can lead to identifying investment opportunities in diverse sectors.
• ☢️ Overvalued markets may impact active investing strategies, requiring flexibility.
• ⭕ Continuous learning and expanding the circle of competence are essential for successful investing.
• 👣 Keeping track of market trends and company valuations is crucial for making informed investing decisions.
• 🛟 The real estate market can serve as a valuable investment opportunity beyond traditional stock investing.

Questions & Answers

Q: Why is the YouTuber holding a high percentage of cash?

The YouTuber plans to buy a house in 2021, thus reducing market risk by holding cash to ensure they can achieve this goal.

Q: What is the mix between passive and active investing in the YouTuber's strategy?

The YouTuber follows a mix of 20% passive and 80% active investing, focusing on ETFs like ASX, S&P 500, and global 100, with quarterly additions.

Q: Why does the YouTuber emphasize broadening industry knowledge in 2021?

With overvalued markets, the YouTuber aims to broaden industry knowledge in areas like electric vehicles, renewables, video games, social media, entertainment, and e-commerce to identify potential investment opportunities.

Summary & Key Takeaways

• The YouTuber plans to buy a house in 2021, leading them to hold a high cash percentage to reduce market risk.

• They maintain a mix of passive (20%) and active (80%) investing in stocks like ASX, S&P 500, and global 100.

• The goal for 2021 is to broaden industry knowledge to include electric vehicles, renewables, video games, social media, entertainment, and e-commerce.