Hello everyone!
I wanted to thank everyone for all the excellent advice and info on this message board. I have been lurking for awhile and have read many of your suggested books over the years (Retire at 35, Four Pillars, YMOYL, Millionaire...). My favorite is Terhorst's.
I'm 39, divorced, rent, no kids, very healthy, and manage all my finances and portfolios. Current finances:
IRAs 185K (Traditional and Roth)
Brokerage 115K
Ind Stock 75K (Private company stock from options)
QQQ 51%
Schwab 1000 28%
Individual Stock 21%
I'm comfortable with the risk associated with the stock market. Started investing in no load mutual funds many years ago, then individual stocks...now looking to diversify more. I know the QQQ percentage is far too high for RE..... and I'm thinking about moving most of the QQQ's into the S&P 500 or the Wilsher 5000. I was completely out of the market from March 2000 to March 2003. I owned many tech stocks (including some MF Rule Breakers) in the mid to late 90s....and removed all my chips from the table when a money manager that I follow (Bob Brinker) made his call to pull out of the market in early 2000. I have never invested in , nor am I very familiar with Bonds or TIPS.
I have worked in product developement for the past 15 years...kinda burned out on it....been there done that.......and more and more, I find myself wanting more time to pursue some dreams (and goof off) while I'm young and healthy. I figure I can always work later if I want to.
I love to travel and surf.... and still have many places I want to explore. I took a year off in the late 90s to travel and surf.....loved it! I'm accustomed to budget travel and can travel full time on approximatley 4% of my net worth (Central America, South America, South East Asia....). I have run the FIRE calcs...and budgeted for health care, taxes, and flights. I have traveled extensively for business and pleasure to Europe, Asia, US, Canada. I feel very fortunate to have had that opportunity.
For health care, I'm currently paying $180/month for Cobra PPO. I'm thinking of switching to a higher deductible HMO and Nomad travel insurance....hoping to get both for $100-$125 per month.
Any advice on RE, asset allocation, or health care is appreciated.
Thanks!
Surfs Up
I wanted to thank everyone for all the excellent advice and info on this message board. I have been lurking for awhile and have read many of your suggested books over the years (Retire at 35, Four Pillars, YMOYL, Millionaire...). My favorite is Terhorst's.
I'm 39, divorced, rent, no kids, very healthy, and manage all my finances and portfolios. Current finances:
IRAs 185K (Traditional and Roth)
Brokerage 115K
Ind Stock 75K (Private company stock from options)
QQQ 51%
Schwab 1000 28%
Individual Stock 21%
I'm comfortable with the risk associated with the stock market. Started investing in no load mutual funds many years ago, then individual stocks...now looking to diversify more. I know the QQQ percentage is far too high for RE..... and I'm thinking about moving most of the QQQ's into the S&P 500 or the Wilsher 5000. I was completely out of the market from March 2000 to March 2003. I owned many tech stocks (including some MF Rule Breakers) in the mid to late 90s....and removed all my chips from the table when a money manager that I follow (Bob Brinker) made his call to pull out of the market in early 2000. I have never invested in , nor am I very familiar with Bonds or TIPS.
I have worked in product developement for the past 15 years...kinda burned out on it....been there done that.......and more and more, I find myself wanting more time to pursue some dreams (and goof off) while I'm young and healthy. I figure I can always work later if I want to.
I love to travel and surf.... and still have many places I want to explore. I took a year off in the late 90s to travel and surf.....loved it! I'm accustomed to budget travel and can travel full time on approximatley 4% of my net worth (Central America, South America, South East Asia....). I have run the FIRE calcs...and budgeted for health care, taxes, and flights. I have traveled extensively for business and pleasure to Europe, Asia, US, Canada. I feel very fortunate to have had that opportunity.
For health care, I'm currently paying $180/month for Cobra PPO. I'm thinking of switching to a higher deductible HMO and Nomad travel insurance....hoping to get both for $100-$125 per month.
Any advice on RE, asset allocation, or health care is appreciated.
Thanks!
Surfs Up