Managed to sell a small portion of my startup equity and have made 1M cash, which will be taxed at long term capital gain. Where should I put the after tax money to diversify?
My current net worth not considering this sale is 800k split in vanguard funds and bonds 80/20. I also have a 3% stake in crypto that I am not looking to increase. Happy renter, I am super minimalist and hate owning shit.
I would like to diversify, maybe in real estate, but I don’t have the mental bandwidth to go around and chase deals, especially in the Bay Area. I also don’t like crowdfunding websites, the offers I see there seem to be the bottom of the barrel, they are super risky (e.g. interest only mortgages with mega balloon payments in 3 years. Insane).
TC: 280 cash and about 2M illiquid startup equity. 8 yoe. Early startup employee.
If you want to get more into alternatives and really want in on real estate, just go with a REIT. But you're financially competent— I'm going to bet that you know the best risk/reward is to just throw more at Vanguard.