1/ Doing some end-of-year account analysis.
For the sake of 2020 transparency (we're all "talking our book" here, after all), I wanted to share my personal asset allocation.
For the sake of 2020 transparency (we're all "talking our book" here, after all), I wanted to share my personal asset allocation.
2/ Some notes...
1. I'm 32
2. I own 50% of Newfound Research, which is not reflecting above. I view it as levered market exposure (+ large idiosyncratic component)
3. This is $ allocation, not risk allocation.
1. I'm 32
2. I own 50% of Newfound Research, which is not reflecting above. I view it as levered market exposure (+ large idiosyncratic component)
3. This is $ allocation, not risk allocation.
3/
4. Global equities are largely individual names. Other sleeves are mostly mutual funds + ETFs.
5. Multi-Asset / Hybrids are things like risk parity, mortgage REITs, EM debt, convertibles, etc.
4. Global equities are largely individual names. Other sleeves are mostly mutual funds + ETFs.
5. Multi-Asset / Hybrids are things like risk parity, mortgage REITs, EM debt, convertibles, etc.
4/
6. I do not own any real estate at the moment, but expect to buy in the next few years.
7. Equities (taxable) have grown out-sized due to market growth; future cash flow will likely be driven towards higher-vol multi-asset alternatives.
6. I do not own any real estate at the moment, but expect to buy in the next few years.
7. Equities (taxable) have grown out-sized due to market growth; future cash flow will likely be driven towards higher-vol multi-asset alternatives.
