I am 34 and stilling YOLO-ing in Indian IT without any savings.But I have invested money in experiences. Last year I drove to NE part of country touching China, Nepal, Bhutan and Bangladesh Border.
This made me quit my job without any other offer. I got hike of 35% during peak lockdown of Corona. Money in bank account is just numbers. Invest in yourself and learning.
My portfolio is split 50-50: I have $2M in common Vanguard index funds (VTI/VXUS/BND), and $2M in private illiquid equity from a startup I worked for in the past, via options I exercised.
Every now and then someone contacts me interested in buying some shares of that company, which I promptly sell and immediately buy index funds with the proceeds. I liquidated about $1M of those shares already, I wish I could sell the rest, it is so “painful” having so much of your net worth locked up into an incredibly illiquid, risky and unpredictable asset.
I don’t invest in nor own anything else (except a few months of living expenses in a savings account): I’m a happy renter and don’t own a car.
Just index funds for now. ~70% in some Vanguard world index fund and ~30% in bonds. But I'm planning on doing some research on some microcaps as well. For individual investors with sub-$1M portfolios microcaps are one of the few places where we can seek alpha.
Out of curiosity, how soon do you plan on retiring and and how much longer do you plan on living? Everyone has different allocations, but I rarely see people talk about having 30% in bonds.
Have you been increasing bond allocation over time or just sticking to a 70/30 lazy portfolio?
Seriously get in TSLA. It's going to double by March, probably earlier.
I could buy ETFs and do the boglehead/lazy portfolio but the returns are minimal compared to picking market leaders. Also you need to be making serious money for those to be valuable or live a frugal life and then spend when you are dead.
max_hammer|5 years ago
This made me quit my job without any other offer. I got hike of 35% during peak lockdown of Corona. Money in bank account is just numbers. Invest in yourself and learning.
deanmoriarty|5 years ago
Every now and then someone contacts me interested in buying some shares of that company, which I promptly sell and immediately buy index funds with the proceeds. I liquidated about $1M of those shares already, I wish I could sell the rest, it is so “painful” having so much of your net worth locked up into an incredibly illiquid, risky and unpredictable asset.
I don’t invest in nor own anything else (except a few months of living expenses in a savings account): I’m a happy renter and don’t own a car.
AznHisoka|5 years ago
dhruvkar|5 years ago
- 30% Industrial/Commercial Real Estate
- 5% Crypto
- 40% Cash
I'd like to reduce the cash. Will probably buy gold with about half the cash to align with a more all weather portfolio [0].
0. https://ofdollarsanddata.com/ray-dalio-all-weather-portfolio...
giantg2|5 years ago
kleer001|5 years ago
commonturtle|5 years ago
Shatnerz|5 years ago
Have you been increasing bond allocation over time or just sticking to a 70/30 lazy portfolio?
digianarchist|5 years ago
marketgod|5 years ago
Seriously get in TSLA. It's going to double by March, probably earlier.
I could buy ETFs and do the boglehead/lazy portfolio but the returns are minimal compared to picking market leaders. Also you need to be making serious money for those to be valuable or live a frugal life and then spend when you are dead.
rayhendricks|5 years ago
mikeodds|5 years ago