WHat is the best passive investment strategy?
That depends on where you are located. it varies alot for developed countries and undeveloped countries. i will skip the developed countries options since it will be too long an answer without knowing where you are located and what your skills are. You did not mention how much you are looking to invest so i will assume a general figure of $20,000 since that is what i had in mind for an investment in crypto.
- Split your investment into 2 or 3 parts.
- One portion should be invested in to high risk, high return
- One portion should be invested in low risk / safe option
- One portion should be invested in a different domain so that should something happen to one industry it should still not effect the other investment.
since we are on a crypto site i will say that you invest a chunk in crypto and probably other chunk in stock exchange or a tangible business locally.
keep supporting