Tuesday, March 16, 2021

Is a 30% allocation in crypto to aggressive?

70% XEQT 30% BTC/ETH 50/50. Is my allocation to aggressive? It was lower although when bitcoin and Ethereum jumped it pushed me way up. I don’t dabble in other coins.

Originally it was 20% although it’s gone up substantially. I don’t really want to sell as it’ll cause a taxable event.

I also own a house as well. The 30% doesn’t include the cash I hold nor the house. Just liquid investment accounts.

I’m 27 and don’t need the money for a while. I’m trying to really buy a lot of index funds (XEQT) to drive down the crypto %. I also continue to DCA biweekly around.

My goal was to replace my bonds with crypto bitcoin and Ethereum only. Half is in my TFSA and the other half is the real thing.


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