A Plan for 45 - Part 1

To be accountable, one needs to set goals and targets. 

So I would set the following general targets:

• Ability to retire or at reach a point where my income from non-work equates to $50,000 
• Own a "fun car" - yes two door sports coupes, no, it does not need to be crazy supercars (idm though)
• Fitness - At the very least able to maintain IPPT gold standards and keep bodyfat to 15% or less
• time to play basketball regularly 
• meet new people and read up new knowledge
• Stretch goal - move my furkids to a larger home where they get their own room. 

The above requires free TIME and that in itself requires MONEY to replace the WORK require to gain momentary freedom.

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Ok serious stuff. 

I am hitting 200k for my equities portfolio. Around 30% is allocated in dividend stocks and I think it serves to provide some income (dividend roots) and peace of mind. 50% in US stocks and etf comprising usual growth and tech stuff. Remainder is cash (Market ATH)  of around 15%.  

• I intend to dial back from equities investing once it reaches 200k. I will still invest, but at much lower rate
• Identify any investing opportunities and plonk sizable sums of $15,000 to $30,000 (this can be in anything from cryptos to MTG cards to collectible NFTs to business opportunities) 
• Slowly, during the course of the next 1-2 years allocate 10-15% (to be confirmed) of my total non residence networth into crypto as a form of hedge as protection. I have seen what happens in 2008-10 where all the prices soared and people were priced out of the markets from properties that doubled in few years. 
• Using my collection of Magic the Gathering cards as capital I shall also convert their value to cryptos. I will forever miss these babies but I cannot preserve their condition well due to the humid climate and lack of care and I no longer play. They do deserve to see some playlight all these legacy goodness. This will give me capital to rotate without risking new capital if BTC fails to hold its value. 
• Yearly capital injection to investing will target minimum $40,000 (up from $35,000) . I know this is peanuts to most people who are serious about FIRE but I prefer to live a little.

Short term wise, continue to accumulate cash for correction. Watch out for fed rates sudden hikes (unlikely) and BTFD whenever cryptos have a correction. 

Lets look back in few months' time!!