Dan Fleyshman
๐ค SpeakerAppearances Over Time
Podcast Appearances
I'm trying to make between 5% and 9% for the year.
40% medium risk, I want to make between 10% and 30% for the year.
And 20% is high risk.
This is my shot at glory, that if I get it right, huge win, 8x, 12x, something crazy.
If I get it wrong or it takes a long time, I want the medium risk and the low risk to cover the high risk.
On the lower side, a quick example, it would be CDs at your bank paying 4% or 5% for the year.
Doesn't sound like a lot, but at least you're fighting with inflation.
S&P 500, averaging 11% a year for the last 92 years, only had three bad years in the last 20 years.
So 17 wins, three losses in the last 20 years for the S&P 500.
That's my low risk side.
Medium risk is real estate, stock market, cash flowing businesses.
And then the high risk, this is cryptocurrency and angel investing.
What we're talking a lot about is angel investing.
When you put in that 25K, 50K, 100K, 500K, whatever that number is for you, when it comes back, you're hoping for something huge to happen.
But knowing that oftentimes those won't work out.
What I do is I reduce my risk.
I do angel investments in companies doing between 5 and 20 million revenue.
When you angel invest into a company doing zero, the statistics of it working out are very low.
When you get it right, by the way, you get a huge return.
But for a safety reason, I like to invest when they have at least a few million dollars revenue, prefer $5 million or higher.