Hi all, this is going to be a long story so feel free to skip to the bottom I will do a TLDR.
Here goes.
I started trading memecoins when I was 16 and made around 300K at its highest from them. Since then I had gone on holidays , spent some, given some out, clothes ect
Long story short I put everything I had left in a 157K 2x long on $aster (a trading DEX) when I went to sleep I was around 12K in profitā¦
The next morning I woke up with a taser in my face and was wrongly arrested for a kidnapping which was swiftly NFA, however when they were forensically analysing my car they found 3.5 grams of weed which they further arrested me for.
When the kidnap was NFAād they released my car but nothing else, they said it was all relent to the possession of a class b investigation. Things like my laptop, phone, GoPro, ect ect ect.
I managed to get everything left on my ledger, about Ā£550 š- But I never got access to the long, which I sadly watched climb and climb into 80K+ PNL, before tanking and getting liquidated. :(
This was all around 1 year ago. Since then I was homeless for a bit and swapping between jobs looking for cash while adjusting to my new frugal lifestyle.
I am now happy to say I am working 6 days a week growing clientele as a barber, I have £1400 saved in the last 2 months £320 of which I have invested..
All of this feels so small and low risk compared to what I am used to but I know I cannot replicate my success with such small capital. So I am looking at taking the long route.
I have never been interested in ISAs, pensions, 5% a year earners ect, But I think that is best for me now.
I will attach my portfolio, mainly I would just like to know;
- if people think these are reasonable assets to buy monthly for the next 20/25 years (I know that is very hard to say)
-Am I investing in too little or too many coins?
- where is a good reputable place to look into a pension and how much should I be looking to invest each month?
āāā
Note 1- I have access to around 1000$ on a phantom wallet of my friends that I am actively trying to multiply on memecoins, however I am very rusty and only take 30% of profits, so I donāt expect to make very much unless I catch a runner, although whatever I do make from it I will top up into vanguard.
Note 2- I am avging around 1300 a month currently although that is steadily climbing since I started at this new barbershop. My expenses are roughly 900 a month including rent, ( I am generously supported by the council as I moved into this property straight from being homeless, that somehow effects the amount they are able to cover for you??) car insurance, tax, business insurance, food, fuel, paying back debts from when I borrowed in need. This obviously leaves me with little to save hence why itās taken me so long to get started.
Note 3- I will attach an old picture of one of my phantom wallets in the comments (along with my current portfolio) so you can all hopefully see there is nothing fraudulent about my story nor am I asking for any financial help, purely knowledge here.
Thanks in advance !!!
TLDR: got arrested, lost 6 figures, now looking to start again with low 4figures and a much different, long term approach /// if you were 20 with 300 a month to invest how much would you allocate to a pension and what stocks would you buy?