Investment advise

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
    • Well he can pass it down if his kids work hard
      Jul 5, 2018
  • Bogleheads.org -- you're welcome.
    Jul 4, 2018 0
  • Facebook Mexico!
    What level are you?
    Jul 4, 2018 6
    • 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

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