401K is in target funds

Also have agressive portfolio in Wealthfront.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637626)

what does your current portfolio as a whole look like? i'd target something like 60/40 us-foreign total stock market index funds. if you're lazy you can just throw everything into vti.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637707)

25 should start at $500k right

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637594)

25 - 50K

30 - 80k

35 - 120k

40 - 150k

45 - 180k

50 - net worth, $1 million

65 - net worth, $2 million

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637633)

30% quantitative index strategy i developed

10% long-short equity fund

10% credit-focused closed end fund

10% in brk.b

note that i haven't really paid much attention to my personal portfolio and my circumstances are idiosyncratic so it's not a great guide to how i feel about markets

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637901)

DESCRIBE the index strategy

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637922)

i have more cash that's not included in that portfolio that's still on gdax for trading.

my strategy is based on trend following and momentum in broad equity indexes.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35638017)

crypto is far more volatile than anything else you own. the tricky thing is that if you do a lump sum you can fall into some nasty psychological traps because there is a really really good chance the market will rip against you.

i would drop $10k into btc/eth and simply observe your emotional reactions to the fluctuations first.

however, if you're looking for a "good" entry point i think eth at 300 and btc at 4000 is decent but the price may never get there.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637934)

u = no crypto

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637990)

Ex: literally made millions in crypto in the last year

You: renting some shitbox FL apt printing out fake “emotional support animal” certificates off the internet so you don’t have to give your landlord a $500 deposit

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35638600)

think about the odds of crypto 1) being around 5 years from now and 2) being established enough that institutions and retail investors start allocating a small portion of their portfolios to it. if that happens, crypto's market cap could easily exceed $1 trillion on a sustainable basis. most of that value, however, will likely be captured by a handful of coins (some that may not exist today) and most current coins will go to 0. depending on your estimate of those odds, you could justify allocating nothing to a lot of your net worth to crypto on a kelly criterion basis.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35638094)

Also, when do you see 3rd gen tech coming online with actual use cases?

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637632)

there's a decent chance you'll make money in a few years.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637948)

Do you know of any other pithy lifehacks like that?

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637686)

also, use camelcamelcamel's chrome extension to look at the price history of products you regularly buy on amazon. set some price alerts for when the price drops around the level of previous sales. could save you tons of money with little effort.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35637985)

but in priority for retirement saving:

1) hsa is almost always a good deal if you're eligible for one.

2) traditional ira if you expect your marginal income rate in retirement to be lower than your marginal rate today. otherwise roth (backdoor if you're eligible).

(bonus): if your 401(k) allows "after-tax" contributions that are distinct from roth contributions--this is called a "mega" backdoor roth.

3) taxable account. if you buy equity index funds and don't intend to make lots of trades it can be extremely tax efficient.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35638134)

I have like 10K in my HSA. At some point it’s too much eh? 30K?

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35648510)

just max out your hsa and treat it like a roth. yeah, you can use it for medical expenses but i don't recommend it.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35648608)

I

G

G

E

R

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35643268)

A. Selling my ETH today and paying short term cap gains rates. (It's still up 3 or 4x since my average buy.) Buying VTI with those winnings.

B. Selling my ETH in July after long term cap gains rates applies to all of it. Buying VTI with those winnings.

C. Leaving it all in ETH.

TYIA.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35640203)

however it doesn't mean it's the optimal strategy for you. you could do a combination of all 3 depending on how big ETH is as a portion of your net worth and your risk aversion.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35640376)

Do you know any good resources for starting ur own startup (ico or no)

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35641990)

TOMO!!

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35643408)

I read Investor's Manifesto which you rec'd - seemed like Bernstein was was very big on minimizing fees.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35645265)

from what i've seen even reasonably smart and educated people can make stupid errors in investing. i've seen nutella, earl et al do some dumb things and i'm pretty sure they would've been better off paying me instead of going it alone.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35648532)

i rike cosmos and tezos. can't wait for them to be released. obviously i participated in both icos.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35648507)

like an asian man having himself a yummy bowl of ramen, it'll be <><>NO FORK<><>

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35650350)

would personally rather own vtsax even though ICX has a higher expected return (90% odds of going to 0, 10% odds of maeking it).

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35648500)

for traditional financial stuff, maybe. my fee is asset-based, max at 0.5% for small accounts, and drops precipitously for large accounts. for example, i have a $20 million client who pays about 0.2% per year.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35648617)

like say i or other xo poa wanted to give you 100k to start with to see how things go (and not get madoffed). would you be up for that?

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35650131)

i don't try to make prospects comfortable. i just explain my structure, fees, process, limitations as thoroughly and honestly as i can.

i wouldn't do it for $100k unless there was a strong possibility of a $1 million+ allocation eventually. however i offer personal advice/analysis quite freely and i often given detailed comments to friends/family that ask for it.

(http://www.autoadmit.com/thread.php?thread_id=3922815&forum_id=2#35660991)