May 2024 Portfolio Allocation

Posted on: May 1, 2024

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

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.