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