As Warren Buffet repeatedly makes clear, markets go up over time. Investing for the long-term is the easiest and most effective way to generate amazing returns. The one caveat is investments must be held for years (think 5 to 10 years, realistically). One missed opportunity I have never forgotten is Netflix. In 2007, I considered investing a few thousand dollars in Netflix, but I never went through with it. Of course, we now know that $1,000 invested in Netlix in 2007 would be worth approximately $52,000 today.
Innovation and Change Mean Opportunity for Investors!
Today, we are witnessing a major technological revolution. The Internet-of-Things, augmented reality, self-driving cars and Blockchain will soon be commonplace in our society. Many of us cryptocurrency enthusiasts want to make quick gains and cash out early. I do too, but I also beleive that setting aside some funds for the long game is an essential move. I want to avoid repeating the mistake I made in 2007.
Accordingly, I have invested a small amount in cryptocurrencies with the intent to hold the assets for 5 to 10 years. Below is my model portfolio. For those who wish to buy and hold for the long-term, I hope this is helpful to you. The model portfolio uses the $1,000 mentioned above for consistency. This is only an example.
Model Portfolio (prices based on CoinMarketCap.com)
| Coin | Price on 12/29/2017 | Invested Amount | Share of Portfolio |
| Bitcoin | $13,996.30 | $150 | 15.00% |
| Ethereum | $726.36 | $150 | 15.00% |
| Litecoin | $233.19 | $150 | 15.00% |
| Ripple | $2.70 | $120 | 12.00% |
| Stellar | $0.343761 | $120 | 12.00% |
| NEO | $67.53 | $65 | 6.50% |
| IOTA | $3.39 | $65 | 6.50% |
| Cardano | $0.520531 | $60 | 6.00% |
| Bitcoin Cash | $2,624.59 | $60 | 6.00% |
| Augur | $69.88 | $60 | 6.00% |
| Total | $1,000 | 100% |
It is worth pointing out that all but two of the coins mentioned are in the top 10 list by market cap. Augur and NEO are not in the top 10, but I strongly beleive they should be in any long-term portfolio. All the coins above have strong potential for appreicating greatly year-on-year and, in our case, delivering the same value as tech companies in the early 2000s. I wish you all success!
This article is for informational purposes only. It should not be considered financial advice. Please be responsible and prudent with your investments.
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