More than half of Americans don’t have enough money set aside for emergency expenses.

So says a new survey from Bankrate.

Financial advisers generally recommend you have three months of income set aside to pay for an emergency.

But according to the Bankrate survey, 52% of U.S. adults say they don’t have three months of income set aside. And 22% have no emergency savings at all.

If you fall in one of those categories, we’ll show you how much cash you should set aside as part of your personal asset allocation plan…

Plus an alternative way to generate even more income – without putting your current income at risk.

How Much Cash You Need to Set Aside

At PBRG, we use a highly diversified portfolio. It includes conservative investments… speculative plays… portfolio hedges… and alternative assets.

That strategy has worked well for our subscribers…

Since Teeka Tiwari took over as editor of The Palm Beach Letter in June 2016, his recommendations have produced an average annual return of 129%. That’s 10x more than the S&P 500’s average annual return.

What’s the key to our success? Asset allocation.

Asset allocation is simply a way to diversify your portfolio across different assets to maximize returns and minimize risk.

Our Palm Beach Letter asset classes now include cryptos, collectibles, and private markets, as well as old standbys like gold, real estate, stocks, and bonds – and, of course, cash.

(Palm Beach Letter subscribers can read our allocation guide right here.)

Despite persistent inflation, cash is still an asset we want to hold. So we recommend you keep up to 10% of your portfolio in cash.

That includes checking and savings accounts, money markets, CDs, and certain cash-like ETFs and mutual funds.

While it’s important to have cash on hand for emergencies and when opportunities strike, holding too much cash could actually cause you to lose money.

That’s because inflation erodes your buying power…

For example, if you put $100,000 into Teeka’s recommendations since he took over The Palm Beach Letter in 2016… It would be worth $1.7 million today.

Meanwhile, inflation would have eroded the buying power of your $100,000 to $78,570.

So while you want to make room in your portfolio for a 10% cash allocation… Teeka also suggests you set aside up to 10% for bitcoin… and another 2% for altcoins.

A Better Way to Reach Your Savings Goal

Once your cash and asset allocations are in order, you need to set up a steady stream of investment income… And our favorite way to do that is with altcoins.

These are all the cryptos except bitcoin. And Teeka believes a coming shock will ignite the biggest crypto bull market of all time.

“Friends, the prices ahead of us are going to be awe-inspiring and shocking. We’ll see a bull market for the ages unlike anything we’ve seen before,” he recently said.

Teeka says the coming shock could potentially send hundreds of tiny crypto coins soaring 10x, 50x, or 100x higher – in just days.

Even with bitcoin’s recent pullback, we’ve seen coins like Solana and Bonk skyrocket 585% and an incredible 20,000%, respectively, in just three months.

To help you prepare, he’s revealing his No. 1 FREE crypto investment for 2024 – no strings attached. Click here to get the ticker.

(As a reminder, Teeka’s free picks have an average peak gain of more than 1,000%.)

Because many of these tokens are trading for pennies, you don’t need a lot to make a lot. That’s how you increase your wealth without putting your current lifestyle at risk.

Despite Inflation, You Need Some Cash

If 2023 taught us anything, it’s that you should always keep some cash on hand – even in periods of rising inflation.

Whether it’s for an emergency… a bear-market buying opportunity… or you decide to quit your job and try something new like millions of Americans did this year… You’ll be glad to have cash when the time comes.

For example, you can use your dry powder to scoop up quality stocks like we did in March 2020… Or you can buy high-quality altcoins experiencing a pullback.

When these assets recover, they have the potential to make 10–100x times your money – and in some cases, even 1,000 times.

Whatever life throws at you, cash typically meets the need better than anything else…

So if you haven’t already, set some aside today. And consider using a small portion of it to buy quality altcoins with explosive upside.


Chaka Ferguson
Editorial Director, Palm Beach Daily