Three buckets
‘When I have any excess cash, I divide it into three buckets: 1) my safety bucket, which is 90 days of living expenses as an emergency pool in case something happens; 2) a safe investments bucket where I keep 80 percent of my cash. This pool includes ETF’s, low fee funds like Vanguard, and lots of rental properties; 3) 20 percent of my free cash is in my risk bucket, where I take risks and try to get huge wins, like buying Tezos, a crypto currency that should grow in value in any market and potentially sky rocket if the world has any major destabilizing events occur. (Unless of course it gets hacked in which case all bets are off).’
