This story is an update to the 2024 Retire on Cocktail I created about 460 days ago.
I put together this concept of taking four assets, building a certain set of allocations, and investing $30,000. We will see exactly where this has gone in a year and how the allocations have changed radically.
We will look into different strategies - such as DCAS - and how important it is to fulfill your retirement strategy. I have been doing this for a long time and anybody who has embraced my retire-on methodology has done well over the years.
Here are the four chosen assets a little over a year ago: Tesla, Bitcoin, MicroStrategy, and Solana.
The allocation was half Tesla and half crypto (and BTC proxies).
I always try to balance risk and reward based on a risk curve in my retirement strategy.
A year ago, I saw Tesla as the lowest-risk asset, potentially the safest asset for the highest reward. Number two would be Bitcoin, followed by MicroStrategy at number three. When I put MicroStrategy on here, people thought I was freaking nuts.
Ethereum was crap and did not make the cut. However, I thought it was safer than Solana. Solana did make the cut for my allocation.
What is most important here is to preserve capital first. The second step is to grow that capital.
This should be your primary focus so always think in terms of risk curves. Do not YOLO into memes or other stuff where you could lose everything.
Retiring takes planning.
I make this content to give people structure, discipline, and a plan to follow. The first step is to have a plan.
This is the exact slide from Summer 2023 with the allocations and the prices.
Bitcoin was $29K, Tesla at $245, MicroStrategy at $373, and Solana at $24. This is the allocation for the plan alongside the price targets in one model.
MicroStrategy did a 10-for-one split, so the price back then would have been $37.
30,000 was the number we landed on because I believed by 2032, I could
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