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.