Hey folks,
Making serious bank right now from streaming. I stream on Twitch and Kick and make about $30k/month, but we all know how seasonal this can be. Looking to use these high-earning years to secure my future. Here are three specific options I'm considering with asset allocations:
Stocks and Index Funds (60% Stocks, 20% Index Funds, 20% Bonds)
Stocks: $12k/month into blue-chip stocks like Apple, Microsoft, Amazon
Index Funds: $4k/month into VTI or SPY
Bonds: $4k/month into government or high-quality corporate bonds
Or
Real Estate and Stocks (50% Real Estate, 30% Stocks, 20% Bonds)
Real Estate: $15k/month towards buying rental properties or a vacation home in a popular area
Stocks: $9k/month into blue-chip stocks
Bonds: $6k/month into government or high-quality corporate bonds
Or
Index Funds and Cryptocurrency (60% Index Funds, 30% Stocks, 10% Cryptocurrency)
Index Funds: $18k/month into low-cost index funds like VTI or SPY
Stocks: $9k/month into blue-chip stocks
Cryptocurrency: $3k/month into
Anyone have experience with these allocations or other suggestions? Trying to make smart moves to protect my future. Thanks (from my throwaway)
Best Investments to Protect High Seasonal Income from Streaming?
byu/dubbishsmottle ininvesting
Posted by dubbishsmottle
1 Comment
Index funds are stocks. If you buy VTSAX (total U.S. stock market) for example, 6% of that is going to be Microsoft.
I would just put it all in VTSAX or similar and keep some allocation in a bond fund if you would like X months/years of cash available, then keep 6 months in something even safer like an HYSA or money market (if you live in a state with income tax then VUSXX).