gabrielbarry
New member
Hi,
I need your advice on portfolio planning with the goal of FIRE in the upcoming few years (ETA is still not clear).
Background
- I´m 35 years old, Total Net Worth of around 1.7M EUR, working in Tech
- In recent years I have lived as a Digital Nomad in Europe, mainly in Spain, and now looking to live in a fixed place in Europe - potentially Spain, Italy, or The Netherlands
- I recently got a big USD cash for selling company Stocks (RSU), making me rethink the all-portfolio split.
- My Goal is to retire and stop working as soon as I feel financially comfortable I have enough
- The below net-worth details are of myself, without my partner, who has very little savings today but is starting now career as a developer in tech, with a good salary.
- In the upcoming 3-5 years - we looking to have a kid and buy a house that we can live in.
- in 2022 I was able to increase my NW by 140K EUR (spending 25% of income), and in 2023 will be around 200K EUR increase in NW (spending 20% of income).
Net Worth breakdown:
Investment
Value
% of NW
Real Estate
- Outside Europe - generate 1.75K a month
950,000 EUR
56%
Liquid money in high yield saving account, in EUR, USD (4-5% interest)
385,000 EUR
23%
Stocks & EFTs (Investment, Private Pension)
320,000 EUR
20%
Crypto Coins
18,000 EUR
1%
Stock & EFT Breakdown:
Investment
Value
% of overall Stocks & EFTs
Private Pension
(accessible only at retirement age) - Stocks & EFTs, government bonds
170,000 EUR
53%
EFT S&P500
65,000 EUR
20%
EFT VWCE
41,000 EUR
13%
Company Stock - RSU
30,000 EUR
10%
Spain Private Pension - Global Index (accessible only on retirement age)
13,000 EUR
4%
Total 320,000 EUR 100%
Overall of the Stock & EFTs:
- 40% is invested in S&P500 which is 7.5% of overall NW
- 10% in one US company tech stock (RSU after tax)
- 4% in Europe index funds
- 1.5% in Emerging markets
- 1.5% Nasdaq
- 3% Corp Bonds
- 40% in government bonds with guaranteed interest and other assets holds by the pension funds
Some specfic questions
1. How would you use the money in a high-yield savings account? I think if keeping this money at very low risk, as in the upcoming 2-3 years I expect that I would want to buy a house that I actually want to live there..
2. Every month I save around 8-9K EUR, how would you invest it?
3. Any portfolio adjustments you would recommend?
4. Any other recommendations would be appreciated!
Thank you!
I need your advice on portfolio planning with the goal of FIRE in the upcoming few years (ETA is still not clear).
Background
- I´m 35 years old, Total Net Worth of around 1.7M EUR, working in Tech
- In recent years I have lived as a Digital Nomad in Europe, mainly in Spain, and now looking to live in a fixed place in Europe - potentially Spain, Italy, or The Netherlands
- I recently got a big USD cash for selling company Stocks (RSU), making me rethink the all-portfolio split.
- My Goal is to retire and stop working as soon as I feel financially comfortable I have enough
- The below net-worth details are of myself, without my partner, who has very little savings today but is starting now career as a developer in tech, with a good salary.
- In the upcoming 3-5 years - we looking to have a kid and buy a house that we can live in.
- in 2022 I was able to increase my NW by 140K EUR (spending 25% of income), and in 2023 will be around 200K EUR increase in NW (spending 20% of income).
Net Worth breakdown:
950,000 EUR
56%
Liquid money in high yield saving account, in EUR, USD (4-5% interest)
385,000 EUR
23%
Stocks & EFTs (Investment, Private Pension)
320,000 EUR
20%
Crypto Coins
18,000 EUR
1%
Stock & EFT Breakdown:
170,000 EUR
53%
EFT S&P500
65,000 EUR
20%
EFT VWCE
41,000 EUR
13%
Company Stock - RSU
30,000 EUR
10%
Spain Private Pension - Global Index (accessible only on retirement age)
13,000 EUR
4%
Total 320,000 EUR 100%
Overall of the Stock & EFTs:
- 40% is invested in S&P500 which is 7.5% of overall NW
- 10% in one US company tech stock (RSU after tax)
- 4% in Europe index funds
- 1.5% in Emerging markets
- 1.5% Nasdaq
- 3% Corp Bonds
- 40% in government bonds with guaranteed interest and other assets holds by the pension funds
Some specfic questions
1. How would you use the money in a high-yield savings account? I think if keeping this money at very low risk, as in the upcoming 2-3 years I expect that I would want to buy a house that I actually want to live there..
2. Every month I save around 8-9K EUR, how would you invest it?
3. Any portfolio adjustments you would recommend?
4. Any other recommendations would be appreciated!
Thank you!