Uploaded July 2024 | Updated September 2026, 2 weeks ago
I retired about a year ago now or two, and my main worry just like anyone else is running out of money, or going through a big market down turn and now I have to back into work. So the way I invest now is a lot more different than it was when I was trying to get to this point.
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1. There are a lot of factors to consider but I’m going to focus on 3
- Asset class
- Age
- Amount of money vs needed money
Let's get right into it
2. I truly do believe that diversification for the most part is a waste of time
- Unless you don’t know what you are doing
- And unless you see it fit for your investments
My only investment is in the S&P 500
- I hold 100% of my retirement money in this fund
- If tomorrow America loses everything I lose everything
- But I think, so will many people if something like that happens
My true fear is this:
- We do something stupid as a nation and the market enters a depression
- The market goes down and stays down for 20 years and we experience hyperinflation
- This is unlikely but not impossible
Solutions:
- Invest more money ( to have more than you need )
- Diversify in different parts of the market ( I don’t think that'll work as well as people think, finances are intertwined)
- Diversify into a different investment not related with the stock market
So here is what I came up with:
- Once I buy or build a house and establish roots ( and that’s fully paid off ), I have the cash from the sale of my last property
- I’m going to use the leftover money, plus my income and any surplus in my budget to buy or build rental properties
- The math in my area is this, for every 60k I invest I can make about $400-300 a month
The best part is:
- I only need 1200 to be living a good life, and 1600 to live a fancy one. So this would be more than enough
- 2 rentals will give me a good Cushing to be able to support almost a 40% market crash
Tip: find assets in different places, that you can invest with a limited amount of risk, to get you cash.
3. Age
- Age is real and it matters ( I discriminate when it comes to this )
- If you are 60 or 70, you can't just start over with the same level of effort obviously
- And if you are younger then you can kinda have some room to play
My advice: I’ll keep this short
- If you are in that older range
- Make it so you need the least amount of money possible ( if you need to spend 3k, how can you spend 1000 )
- Ideas, Debt free, and mortgage free
- Notice I said need ( you can spend 3k if you have money, but you shouldn’t need 3k if all you get is 3k If you know what I mean )
If you are younger:
- You can get away with less diversification like me
- Beucase you have a lot of time to take advantage of the market
- And when it does crash in your lifetime, if you’ve been smart and frugal you’ll have way more than you need
- If I only need 500k but I have 1.2Million and the market crashes by 50% I don’t really care
4. Amount of money you have
- If you have just enough to retire, then be careful
- If you have a lot money more than you need ( it may make sense to buy bonds )
But bonds pay 4% and stocks 10%
- Yeah but 4% of 2 million is 80k without risk
- I’d take that in a heartbeat
- It's more than enough, the game is not to die with a lot of money or need to worry about things ( instead to get financially free and keep it that way )
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Disclosure & Educational Disclaimer:
Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.
I retired about a year ago now or two, and my main worry just like anyone else is running out of money, or going through a big market down turn and now I have to back into work. So the way I invest now is a lot more different than it was when I was trying to get to this point.
💲Patreon Exclusive💲
patreon.com/tommybryson
😎Call Me😎: bit.ly/30IBr0i
😎Second Channel😎: bit.ly/3c4sVPS
👨🏽💻Financial Freedom Course👨🏽💻$100 OFF CODE: LONGTERM
Link: longtermteam.teachable.com/p/financial-freedom-steps-from-nothing-to-freedom
1. There are a lot of factors to consider but I’m going to focus on 3
- Asset class
- Age
- Amount of money vs needed money
Let's get right into it
2. I truly do believe that diversification for the most part is a waste of time
- Unless you don’t know what you are doing
- And unless you see it fit for your investments
My only investment is in the S&P 500
- I hold 100% of my retirement money in this fund
- If tomorrow America loses everything I lose everything
- But I think, so will many people if something like that happens
My true fear is this:
- We do something stupid as a nation and the market enters a depression
- The market goes down and stays down for 20 years and we experience hyperinflation
- This is unlikely but not impossible
Solutions:
- Invest more money ( to have more than you need )
- Diversify in different parts of the market ( I don’t think that'll work as well as people think, finances are intertwined)
- Diversify into a different investment not related with the stock market
So here is what I came up with:
- Once I buy or build a house and establish roots ( and that’s fully paid off ), I have the cash from the sale of my last property
- I’m going to use the leftover money, plus my income and any surplus in my budget to buy or build rental properties
- The math in my area is this, for every 60k I invest I can make about $400-300 a month
The best part is:
- I only need 1200 to be living a good life, and 1600 to live a fancy one. So this would be more than enough
- 2 rentals will give me a good Cushing to be able to support almost a 40% market crash
Tip: find assets in different places, that you can invest with a limited amount of risk, to get you cash.
3. Age
- Age is real and it matters ( I discriminate when it comes to this )
- If you are 60 or 70, you can't just start over with the same level of effort obviously
- And if you are younger then you can kinda have some room to play
My advice: I’ll keep this short
- If you are in that older range
- Make it so you need the least amount of money possible ( if you need to spend 3k, how can you spend 1000 )
- Ideas, Debt free, and mortgage free
- Notice I said need ( you can spend 3k if you have money, but you shouldn’t need 3k if all you get is 3k If you know what I mean )
If you are younger:
- You can get away with less diversification like me
- Beucase you have a lot of time to take advantage of the market
- And when it does crash in your lifetime, if you’ve been smart and frugal you’ll have way more than you need
- If I only need 500k but I have 1.2Million and the market crashes by 50% I don’t really care
4. Amount of money you have
- If you have just enough to retire, then be careful
- If you have a lot money more than you need ( it may make sense to buy bonds )
But bonds pay 4% and stocks 10%
- Yeah but 4% of 2 million is 80k without risk
- I’d take that in a heartbeat
- It's more than enough, the game is not to die with a lot of money or need to worry about things ( instead to get financially free and keep it that way )
* PRO TIP*
INFORMATION IS EVERYTHING
💲Patreon Exclusive💲
patreon.com/tommybryson
👕Merch👕
teespring.com/stores/tommybryson
✅2 FREE AUDIOBOOKS✅
amzn.to/2Enayo8¬¬¬
🎁ACORN FREE $5🎁
Link: acorns.com/invite/38EYSU
⚡FREE KINDLE UNLIMITED⚡ (traditional reading)
Link: amzn.to/2VGbxt9
👨🏽💻DISCORD PRIVATE GROUP👨🏽💻
discord.gg/EcZEHpA
My Camera Gear: amazon.com/shop/tommybryson
✔ Help Us Reach 600,000 Subscribers: goo.gl/0wvm6w
😎All My Social Media😎
Link: https://linktr.ee/tommybryson ---
Disclosure & Educational Disclaimer:
Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.
