Investment advise

Facebook BvFS30
Jul 4, 2018 36 Comments

I have vested stocks valued at 1.3-1.4M and unvested shares at 2.2M.

I have only done small amount of selling in the past and kept most of it in the account. I want to start diversifying the vested stocks now, since I still have good chunk in unvested category.

Talked with Charles Schwab advisers and they recommend to put on some sort of value based less volatile hand picked option. YOY return little better than index fund but less risky. Can’t remember the numbers.

Also doing research with my spouse about commercial real estate, franchise, other types of business. All have pros and cons, but real estate seems very promising due high tax benefits on many fronts and we can hire property managers to run it for us, so more of a passive engagement.

I am wondering how people are investing their money. Not sure if I should walk up to colleges as ask them about this, Charles Schwab agent was not that helpful, also looking to find other advisers, if anyone knows where I can find good resources or had experience, can you help? Thank you.

My goal is to build generation wealth that I can pass down to my kids.

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TOP 36 Comments
  • Illumina Illumina
    Keep in mind that Schwab wants to make money for themselves more than they want to make money for you. Less risky than an index fund sounds suspicious.

    That said, read this article and consider the wisdom of potentially spoiling your kids: https://www.theatlantic.com/membership/archive/2018/05/images-of-a-new-american-aristocracy/560516/

    Hard work builds character. Handing down wealth won’t make them any happier. Consider charities and talk to your kids about that. It might inspire them to be better people themselves in a way that handing them money cannot.
    Jul 4, 2018 1
    • Intel biggienpac
      Well he can pass it down if his kids work hard
      Jul 5, 2018
  • Google 💩 poo poo
    Bogleheads.org -- you're welcome.
    Jul 4, 2018 0
  • Facebook Mexico!
    What level are you?
    Jul 4, 2018 6
    • Facebook lnstagram
      How many yoe? When did you join FB?
      Jul 4, 2018
    • Facebook BvFS30
      OP
      13 years of experience, joined FB 2013
      Jul 4, 2018
    • Facebook lnstagram
      Nice! Which level did you join? How fast proceeded to 7?
      Jul 4, 2018
    • Apple / Eng cho Chang
      Level 7 manager or IC?
      Jul 4, 2018
    • Facebook BvFS30
      OP
      Joined as 5, 7 manager, 1 or 2 cycles away for Director.
      Jul 4, 2018
  • Facebook OjXj73
    I would check the fees for such funds, the risk reward along with the management fees in some of the index funds is super hard to beat
    Jul 4, 2018 2
    • Facebook BvFS30
      OP
      Yes it was 1.35%.
      Jul 4, 2018
    • 1.35% is insane. For context, you should aim below 0.2% for index funds. Many good funds are around 0.10
      Jul 4, 2018
  • Twitter PictureNew
    The worst thing you can do to your kids is pass on generational wealth to them. Look at most billionaires today, they are hard working and were self starters. You’re kids will become lazy fu cks if you give them a lot of money.
    Jul 4, 2018 1
    • CareerBuilder JonDoe1
      like Trump's kids
      Jul 4, 2018
  • Zendesk amnel
    I sell my RSUs and ESPP every month and buy a total market index fund
    Jul 4, 2018 0
  • CareerBuilder JonDoe1
    Stick with index funds. Google "three fund portfolio" and check out bogleheads.org. You can thank me later.
    Jul 4, 2018 0
  • Spotify X-HTTP-Sux
    Interview financial advisors. You can find them through local community groups or friends. Some will be slick or obvious conflicts of interest (avoid further contact with them), but some will talk to you like they’re your family.

    Basic advice is to just buy highly diversified ETFs, and allocate according to your risk appetite. VTI, BND, VXUS, and BNDX
    Jul 4, 2018 0
  • Proofpoint / Other gaaandu
    You should do the low cost fund thing. Really, it's a lot of money but you aren't in the range where special opportunities show up.
    Jul 4, 2018 0
  • Amazon / Eng G00G-BOS
    For normies, it would make sense to build wealth by just putting the $$ in low cost index funds but if you have a million in cash sitting around, I’m sure you can have opportunities open up that most people just don’t have access to.

    Talking to advisors who are fiduciaries makes most sense I think but with trump admin and losening regulation, even that word doesn’t have much meaning these days from what I understand.
    Jul 4, 2018 0
  • New / Eng
    H1bguy

    New Eng

    PRE
    500 Startups
    H1bguymore
    Financial advisors are mostly suck. Generally it’s just hard to beat the market. But Most will tell u that their fund beats the market even after the crazy cost. Statistically this doesn’t make sense.
    For me I just put the majority into a low cost index fund (s&p 500). Some in other small cap, medium cap, and international index. Some in long term bond idx for safety. 10% investing in potentially high growth stock such as amazon, apple, etc. this is high risk & reward category.
    Depending on your risk/reward tolerance you may divide into different categories: stock, bond, money market.
    Jul 4, 2018 4
    • Apple Phoblem
      I'm curious to know why you think Apple is a high growth stock.
      Jul 4, 2018
    • Illumina Illumina
      Or amazon
      Jul 4, 2018
    • New / Eng
      H1bguy

      New Eng

      PRE
      500 Startups
      H1bguymore
      Apple generally beats the s&p500 (which is the general market). Yeah It’s not vey high growth but I think Apple stock is a good pick in term of risk&reward. (This is just my personal idea.)
      Jul 4, 2018
    • New / Eng
      H1bguy

      New Eng

      PRE
      500 Startups
      H1bguymore
      Amazon has been growing very fast isn’t it? The past tells us something about the future. But no one can be really sure abt the future.
      If financial advisor could be sure about the stocks she pick. Why doesn’t she just make herself rich?
      Jul 4, 2018
  • Amazon Spoton
    How old ru
    Jul 4, 2018 1
    • Facebook BvFS30
      OP
      40
      Jul 4, 2018
  • Amazon / Eng jnKH44
    All the vested and unvested shares are of the same company? Or they are already diversified.
    Jul 4, 2018 1
    • Facebook BvFS30
      OP
      All Facebook
      Jul 4, 2018
  • Microsoft WoCE36
    It’s ridiculous to look for advice from most people here who don’t have that much money. Get a paid consultant for advice, dude
    Jul 4, 2018 1
    • Facebook BvFS30
      OP
      I will, wanted to hear what others thought.
      Jul 4, 2018
  • Cisco Nettoad
    Why not see a financial planner to answer all your questions and come up with a plan?
    Jul 4, 2018 1
    • Facebook BvFS30
      OP
      Good idea, I will have to find someone outside of Schwab.
      Jul 4, 2018
  • Visa shaolin
    Hit up some pre ipo market for a portion of your onvestment. Stripe is the most promising one.
    Jul 4, 2018 0
  • Google kissmypiss
    Lol yeah put all your fucking money into AAPL because it performs better than the s&p.. 🙄
    Jul 4, 2018 0
  • Uber nzrq55
    Would you like to spend 50k annually on early stage startups? we are investing in pre-seed startups and we are looking for funds to invest more. Let me know if you wish to meet and have further discussion
    Feb 12 0

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