May 2024 Portfolio Allocation

Notes:

  • $AMZN is now 10% of my entire net worth
  • I was surprised to see Amazon stock is up almost 70% in the last 1Y
  • I rent the home I live in. Most of my real estate is commercial – some hotels and industrial properties
  • 42% of my entire net worth is invested in 4 public tech stocks
  • I do not recommend this investment strategy unless you are an idiot like me with an unhealthy addiction for risk and naiveté

Table of Contents

Notes on Cash

My cash position has increased & is currently generating 5% on money market.

I’m not sure how to deploy it.

A big deal recently fell through and I’m happy to sit on the cash for a bit. But I should probably just buy Vanguard index funds.

Asset Allocation

82% stocks,
11% real estate,
7% cash and other.

Including as a percentage of total:

* $NET 19%
* $AMZN 10%
* $GOOG 7%
* $TSLA 6%
* $VEA 6%

Stocks are mostly tech with the largest positions listed above. And then index-adjacent such as $VTI, $IVV, $QQQ, $BRKB. All stocks are self-managed except a bit at Saber Capital and another place.

Real estate includes significant pieces of:

  • 15-room hotel in Colorado
  • 40-room motel in Colorado
  • 14 acres commercial land Montana
  • 33k sq ft industrial in Montana
  • 80k sq ft industrial in New Jersey
  • single-family homes with SFR3

Real estate assets are conservatively valued, usually at my basis. Some numbers rounded.

I still do not do angel investing, VC, or crypto.