Money Vikings Ride My Bike Portfolio, Episode 96

This deep-dive on the Money Vikings passive investment strategy termed the "Ride My Bike" portfolio, Greg advocates for long-term wealth building over active stock picking. Greg champions a diversified approach, allocating roughly 30% to a low-cost S&P 500 index fund, 30% to bonds for stability, and the remainder to real estate, cash, international exposure, and a smaller portion for individual, higher-risk stocks. This structure, inspired by Ray Dalio's all-weather portfolio, prioritises risk management aligned with individual risk tolerance and long-term growth, aiming for consistent returns rather than aggressive short-term gains. The core message promotes simplicity and passive income generation through dividends and a "set it and forget it" approach. Full Article: https://truewealth.moneyvikings.com/2023/09/money-vikings-dividend-portf/ YouTube Video: https://www.youtube.com/watch?v=EIDovNzCtJU

Om Podcasten

Welcome to The Money Vikings Podcast, a source of inspiration and ideas where we “conquer financial freedom!” We are a couple of regular guys with families, doing what we can each day to build wealth and conquer our financial freedom. Conquering financial freedom looks different for every individual, but there are dozens of ways to find one’s own path to True Wealth (combination of strong finances, health, family and friends). We believe that most people can achieve this if they put their mind to it and take steps to move forward. https://truewealth.moneyvikings.com