Current situation Google stock: ~350k Crypto: ~180k (based on current price) House: valuation: 1.3M Remaining loan: ~570k at 3.25% 401k, After tax 401k, IRA, 529: ~600k Other investments: ~100k I already max out 401k, after tax 401k, IRA for myself and spouse and 529 for both kids. I know currently it is not balanced. How should I start on balancing the portfolio? Should I hire a professional money manager? Edit: I am 37 years old, 2 kids are 5 and 2 year old.
Buy something more valuable then crypto :)
I am 37 too but have a 3 year old. How much are you contributing to 529?
Cash flow - multi family apartments
Vanguard is predicting extremely low returns for the next decade so have to plan accordingly.
sell half the crypto, half the Google. put 25% into some growth & income vehicle (decent yielding dividend stocks), 25% international, 25% healthcare and 25% some index fund. i assume you already have an aggressive mix in 401k, ira & 529. i am not an investment professional. i just pretend to be one on social media.
It is super unbalanced. And crypto , really ? That’s the biggest bubble since the tulip bubble. Sell google and crypto. Put 60% in low cost index fund like spy and rest in EM since that’s where growth will come in the future.
You still here? Lol on this comment
Sounds like ure doing well. Also sounds like u made good money from crypto if u have so much in currently. Don’t really need to change anything if it works for u. Only thing I would suggest is to diversify your google stock into other stocks.
Do u want to be more aggressive or more safe?? That’s the question.
Sell Google stock, invest in an index fund. How old are you?
Edited to add the information.
Google has outperformed index funds for many years now.