Sticking with my main job and getting a stable income is what gives me stability to continue to have the appetite to tap on high volatile but high return opportunities. By having a steady income, i know I will always have cash flows in that will help with my retirement planning. However, the high volatility and high return opportunities are the ones that will be the catalysts that propel my portfolio.
In investing, risk appetite and risk management would be key. As I do consider myself young now with sufficient runway, I can afford to have a greater risk appetite and allocate a significant portion of my money into riskier assets with the aim of getting greater returns. However, in 20years, I would shift gear to predominantly high dividend stocks as my aim now is to have continuous funds for my retirement and there is less need to generate greater wealth at higher risk.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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