What are your Investment Rules?

[kiora]

Are we seeing this here? Likely
https://finance.yahoo.com/news/surve...163053034.html
"The survey revealed that the younger cohort focused their asset allocation on alternatives, and many expressed plans to allocate even more to these investments in the next few years.

Pelzar said this projected increase is “largely reflective” of the younger cohort’s thoughts on the growth opportunities in the market. Because some of the alternative asset classes are less liquid, Pelzar said this implies that the younger generation is taking a longer-term view."

[kiora]

This is why someones residence/beach house should not be considered in the same way as an investment portfolio is.
It should be a lifestyle consideration
The time to "insure" is when the property is brought.Only buy a property that is potentially affected by climate risk if it can be self insured.
Only build if the building can be built without mitigating against flooding,encroachment by the sea and subsidence.


https://www.newshub.co.nz/home/money...ay+3+July+2024

[kiora]

"Dogs of the ASX for the 2024 Financial Year"
https://www.livewiremarkets.com/wire...erm=TOP%20DOGS

[kiora]

"'Saving Like A Pessimist, Investing Like An Optimist'"

https://finance.yahoo.com/news/bill-...155055431.html

"He insisted on always having enough cash in the bank to keep the company running for 12 months, even if revenue dropped to zero. This conservative strategy ensured Microsoft’s survival during potential downturns and provided a solid foundation for growth."
" advocated for optimism in investments. He believed in the long-term potential of markets and technology, making bold bets that ultimately paid off."

"Build an emergency fund (save like a pessimist): Aim to have 3-6 months of living expenses saved, preparing for unexpected challenges.
Invest for the long term (invest like an optimist): Despite market fluctuations, maintain faith in the long-term growth potential of diversified investments.
Balance risk and security: While taking calculated risks for growth, ensure a safety net to weather short-term storms.
Continuous learning: Stay informed about financial markets and emerging opportunities, adapting your strategy as needed.
Plan for the worst, hope for the best: Create contingency plans while working towards ambitious financial goals"