Hello!
I’m using a throwaway account to stay anonymous.
I’m 24, and recently I received $6M USD from the sale of my startup. I want to invest everything, and I’ve been thinking about the best strategy. Here’s the breakdown I thought of – what’s your opinion?
| Asset | Amount (USD) | Comment |
|---|---|---|
| Acquirer Stock | 2M | Can't sell it right now. Acquirer is similar to Constellation Software. |
| Managed Portfolio | 1.1M | I've been working with the person who manages it for 5 years, I trust them and I like their strategy. |
| ETFs | 1.3M | 60% S&P (Voo), 25% outside US (VEA), 15% emerging markets (VWO) |
| Bonds | 400k | Liquid quickly sellable bonds – should act as a cash reserve. |
| Properties | 1M | In different locations |
I’m currently staying with my company and will have a salary, so don’t plan to withdraw any money.
My goal with the money is to invest it for the long term (30+ years) and I would rather have lower returns than high risk i.e. crypto or gambles.
Thank you!
How to best invest money from company sale?
byu/veryrareforever2 ininvesting
Posted by veryrareforever2
1 Comment
I’d suggest r/bogleheads and be very cautious about this investment manager who is probably taking min 1% and not beating the market.