When to take profit from your assets?

Most financial advisors will say: the day you retire.

And that’s great but...

...our goal isn’t to die with the largest portfolio, our goal is to Build Wealth!

This conventional advice is called the Dead Man's DCA Buy & Hold Strategy.

Dead Man’s DCA Buy & Hold Strategy (Pros & Cons)
Why it’s is a GOOD idea (Pros)
  • Fact 1: This strategy is historically proven to create high gains in the long-run. It is a long-term winning strategy.
  • Fact 2: Buying/Selling based on emotions is a sure-fire way to get #rekt
Why it’s is a BAD idea (Cons)
  • Reason 1: You could change your life dramatically if you sell at the right time.
  • Reason 2: You could reinvest your profits and increase your investment power (along with your DCA amount).
Shane’s 3 Rules for active(ish) investments
  1. 1
    Don’t be a bagholder (cut your losses soon)
    1. If you got into something to get rich quick and it didn't get you rich quick... get out fast! Don’t watch your investments dwindle down.
  2. 2
    If you see life changing money, change your life.
    1. I show how to make a life-changing decision using a strategic decision making matrix in the video above.
  3. 3
    If you’re investing in the future, never sell it all.
    1. Keep (at least) 10% of your investment if you have reason to believe that your asset will be big in the future.
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