It can’t end like this…
I made my first big haul in the early 1990s, buying beaten-down junk bonds.
I was 19, and before the year was out, my junk bond play would make me over $250,000. That’s about half a million dollars in today’s money. The year before, I had made just $8,000.
That began a wild ride of moneymaking that had me making $54,000 in one day by the time I was 22.
When the mid-1990s rolled around, I was making money hand-over-fist in technology stocks. I was young and making a fortune. I would love to tell you I embraced my success with calm and sober-minded maturity.
I didn’t. I let the money make me an arrogant jackass.
And by late 1998, I’d lost it all. You see, I made a terrible mistake…
Instead of taking small bets on high-risk, high-reward ideas, I was taking massive stakes.
By the time the 1997 Asian financial crisis rolled around, I’d built up a substantial portfolio. But I stuck around too long and got too greedy.
And when the market went against me, I made bigger and riskier bets. I lost all perspective and was investing for my ego, not my bank account.
Within three weeks, I lost everything I’d made and more. I went from wealthy to poor in less than a month. And ultimately, I was compelled to file for personal bankruptcy.
I was mentally destroyed… My wife and I separated. I ended up renting a room from a friend in Queens… living on a wafer-thin mattress for nearly a year-and-a-half.
It was rough…
I remember one day sitting in this tiny room on a tiny mattress and saying, “You know what, my story can’t end like this. It can’t end like this.”
And at that moment, I started thinking about where I had gone wrong… what I should have done differently… and how I could make my life better.
How I Got Rich Again
I lost my career, my family, my self-respect, and for a brief moment, I even lost my will to live. It was a dark time in my life.
There were many lessons, but my biggest investment lesson was I could not build all my investments solely on high-risk, high-reward plays. I had to create multiple streams of safe income, so I’d always have a pool of self-sustaining assets from which to build wealth.
Here’s how that helped me get rich again…
After my bankruptcy, I started rebuilding my net worth. I worked like the devil was on my back. I took every available penny and invested it into safe, income-generating assets.
I then took the income generated from my safe investments and put it into well-researched high-risk, high-reward plays.
This approach magnified my wealth very quickly. The best part was I was getting wealthier without putting my current lifestyle at risk.
It’s a strategy called asymmetric risk investing.
Think of it this way: Symmetrical risk is where you bet $100 to make as much as $200 – at most, a 100% return… Asymmetric risk is where you bet $100 to make $1,000, $10,000, $100,000, or even more.
This type of investing allows you to take small amounts of money and greatly amplify them.
And when you position-size correctly, the potential gain far outweighs the risk. A recent example of this is when I made $75,000 from a $700 investment back in 2017. Another investment of just $1,000 helped me make as much as $1.2 million.
Even though you’re only risking a small sum, the key lesson to remember is that you can’t build your whole portfolio on ideas like this… those types of investments can still go to zero from time to time.
That’s why I only make asymmetric bets with the income from my safe investments…
So, if those risky asymmetric bets fail, 100% of that money gets replenished next year with the dividends and interest from my safe money.
This is the key to getting really rich, really quick, without ever blowing yourself up…
How to Start Building Your Wealth Now
To truly build long-lasting wealth, you need to generate multiple, reliable streams of income – then you can fund your higher-paying, riskier strategies without risking your financial health.
Here are the steps I recommend you take:
Focus on increasing your ability to earn more money by improving your work ethic and work skills.
Choose to live well below your means so you can save over 60% of your monthly income… this may sound difficult, but it is possible.
Put no more than 5% of your liquid net worth into asymmetric investments. (If you’re 30 or younger, you can bump this up to as much as 20%.)
Put the rest of your money into conservative, income-producing investments and strategies.
Reinvest a portion of your safe income back into well-researched asymmetric investments.
Repeat until you’re rich.
The Biggest Asymmetric Opportunity of a Lifetime
The reason I’m telling you my story now is because I’m about to unveil the most exclusive asymmetric opportunity I’ve ever found.
It’s the type of investment idea that you wait your entire life for.
Everyone knows I’ve used my life lessons to find asymmetric ideas in the crypto market… And many of my subscribers have become millionaires following my recommendations.
Now, I’ve found what could be the biggest of them all…
I don’t have space here to dive into the Super Halving. But let me share this…
Readers who followed my advice and positioned themselves before the 2016 bitcoin halving had the chance to make gains as high as 14,619% and 26,977%.
Those who positioned themselves before the 2020 bitcoin halving saw my recommendations soar as high as 2,950% and 5,121%.
And a basket of altcoins I recommended last November before their own internal halvings have delivered average gains of over 1,000%.
Friends, these are the types of asymmetric ideas that can turn $500 into $135,385… or $1,000 into $270,770 without putting your current lifestyle at risk. (It’s also the same type of strategy I used to rebuild my own wealth.)
That’s why this Wednesday at 8 p.m. ET, I’ll reveal exactly what this catalyst is during my Super Halving Summit.
During this event, I’ll tell you how you can access six crypto-themed investments I’ve never discussed before…
If I’m right, we’re about to see the amount of new bitcoin in circulation disappear. And the kinds of gains we’ve made before will happen on a much bigger scale.
If you watch the news, you haven’t heard a word about this. The mainstream financial media is clueless… They have no idea what’s really going on in this space.
But on Wednesday at 8 p.m. ET, I’ll fill you in on all the details.
The event is free to attend. So, if you want to learn more about the best asymmetric idea I’ve ever come across in the crypto market… click here to reserve your seat today.
Let the Game Come to You!
Editor, Palm Beach Daily