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Rants & Gems Real Estate Podcast

30,30,30,10 Investing Rule

Rants & Gems Real Estate Podcast

EYL Network

Business, Investing

4.91.3K Ratings

🗓️ 25 October 2022

⏱️ 2 minutes

🧾️ Download transcript

Summary

30,30,30,10 Investing Rule broken down By Egypt Sherrod from episode 69.



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Transcript

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0:00.0

I would never advise someone to do something that I myself am not doing.

0:05.2

And so the solution is always to stay well diversified, to insulate yourself.

0:10.6

And so I invest and I keep my funds, my money, my wealth, the same way, some multimillionaires

0:17.4

that I have learned from early on, it buys me to, which is 30% in the actual market, 30%

0:26.7

in real estate, and 30% liquidity, but liquidity, not in cash, understand that, just easy to

0:34.6

move money.

0:35.6

I don't keep my money in a bank, but that's another story, if y'all asked me later,

0:39.4

I'll tell you.

0:40.4

But it's still liquid, where I can reach it and I can use it for investment opportunity.

0:44.9

And then 10% actually in precious metals.

0:48.2

So gold, silver, palladium, actually tangible and small denomination.

0:53.1

So again, that's 30, 30, 30, 10.

0:56.4

And that's what I do.

0:57.4

The smartest investors know that you, you know, there's no way to avoid the ebbs and flows.

1:03.6

Okay, we're going to experience highs, we're going to experience flows.

1:06.3

That's in the stock market, that's in real estate, that's in life, that's in relationship.

1:11.7

There's going to be, there's going to be ebbs and flows.

1:14.5

But what you can do, again, by being well diversified, is sort of hedge your bets.

1:18.9

And when there's a loss and when the market dips, you use your liquidity to snatch up opportunities.

1:25.9

And again, with interest rates being as high as what they are, if you do it that way,

1:30.9

you'll be able to snatch opportunities and cash, then you can refide them, right?

1:35.9

Or take equity line and credit out against them for a much lower interest rate.

...

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