What are you investing in?

Receiving my bonus soon and wondering where to place. Here’s what my portfolio looks like right now and where I have been dollar cost averaging down. Let me know what you guys are investing in these days and why:


S&P Index: increasing as % of total holdings 


Prosus: I’m very long on Tencent (probably one of the best companies worldwide) and PRX offers a good alternative to buy. Been averaging down


Alibaba: just looks so cheap right now. Been averaging down 


Amazon: starting to enter progressively, great capital allocator and risk taker, been willing to get a position for a while, I don’t know if timing is optimal though so going slowly


Berkshire Hathaway: starting to enter progressively, alternative to S&P index with a private angle. I see it as less risky than my other positions as well


Crypto: BTC/ETH, because I am a tech nerd and like the risk profile/profit potential. I already have solid positions in MATIC, FTM, SOL, AVAX so will “derisk” a bit with further but limited ETH/BTC investments 

 
Any other thoughts welcome

 

Lol get off your high horse acting like you're some big name investor. You're a retail trader too unless you've made 50 million already. I'm not holding these forever, and I don't expect a 2008 crash currently like perma bears do. I do believe that we will test the october lows at some point in April and bottom from there. If I'm right, what I'm holding will benefit greatly. Perma bulls like you don't realize there's no reason to be married to one direction when you can play both sides. Let it play out and you'll have your answers

 

Lol I didn't hold it all the way. I switched to team bull after the SVB failure couldn't give us new lows. Other dude was right we definitely bottomed in October. The melt up stage is upon us. Maybe a slight pull back in the coming weeks to shake out weak hands before we rocket past. Shorts worked pretty damn well from the time I made that comment until the SVB failure though. I'm a trader. I'm not married to any side besides the right side. 

 
Funniest

Why not a diversified basket of beanie babies?

 

98% SPY and 2% whatever other stocks I know personally. Set it and forget it. I know it's vapid and boring, but I'm not going to pretend I trade for a living or do enough research to justify a random allocation. 

 

Me and my spouses 401k totals about 1 million and it’s 50% vanguard total market and 50% vanguard extended market.

In our taxable, I have about 100k of vested bank stock that I just leave alone. We then have about 200k in tax exempt New York bonds and 500k in vanguard extended market. Rest of my money I keep in cash cause I wanna buy a house in a couple years.

My advice is to follow what I do and just dollar cost average into your favorite vanguard fund. You will beat the returns of 85% of every other mutual or hedge fund. You will never get rich quick this way, but you will retire comfortably and with no risk or critical thinking wasted on picking stocks.

 

The fact that you are still putting money in crypto, confirms where we are in the cycle. Stupid money still needs to be washed out.

Recessions aren’t just inevitable, they are necessary to shake out stupid behavior.

 

Such a trite and overused line of thinking. You have a lot to learn about how this works. The same people still arguing for more tightness are going to be the first to complain about how the fed went too far and now you have a deflationary disaster on your hands because you didn't understand how leads & lags to policy work. Careful what you wish for. 

 

You may be the only person in the whole world who knows with certainty what's next!?

Considering monetary policy works "with long and variable lags" - the rest of us have no idea where we end up this year.

But the risks are clear. Recession, or persistent elevated inflation, or both. I'm positioned for all scenarios.

 

Whenever someone says you have a lot to learn, usually means they themselves don’t have a clue as they are so far up their own ass. Eliminate that from the vocab, and instead back it up with fact. I’ll drop my Venmo below for that advice. Also I do agree with RF guy, recessions and downturns do correct euphoric behaviors. During expansion and especially at peak, regulations (whatever you wanna call it) are lax. NINJA loans are a good example of the last downturn. You saying that statement is false?

 

Leveraged ETF's are def fine. People overstate the risks too much. The rewards can actually be pretty good, as long as one isn't stupid. TQQQ and SOXL are definitely really nice instruments. Just have to be careful about when you long term hold them vs swing trading them. In secular bull markets like since 2009, the best thing you could've done was buy TQQQ and SOXL and hold. People love to talk about the decay, but the decay actually works in your favor when you can sustain multiple green days in a row and get more than 3x the return of the underlying.

In drawdowns like 2022, they can def fuck you over. Was much better swing trading for weeks and months instead of holding in 2022. So just make sure you DCA and not lump sum. And get out of them before actual market crashes (2008, 2000, 1974 etc.). Easier said than done obviously.

I'm personally taking the opposite side of the trade for the next 1.5-2 months, as I believe there's still a little more downside. Then, I'm apeing into TQQQ and SOXL because I believe a massive melt up is going to happen after the Fed announces the pause in either May or June.

 

you're missing the point.  levered ETF's don't do what they are advertised to do, especially if held over a long period of time. 

high volatility = bad result for levered ETF

low volatility = great result for levered ETF (obv, only if you ALSO picked the right direction the market is going!).

As we have seen in the high volatility since COVID - even though QQQ has gone up - TQQQ has gone down.  That's not what you're in it for!

So if you buy levered ETF - you need to not only be confident in market direction, but also confident in low volatility. 

Both seem to be especially bad bets right now.

 

You're completely correct on LETFs but wrong on your broader market analysis. The lows are in on SPX on Oct.13th. The meat of the move upwards will already have been made by the time the fed "pauses" if anything that will be when smart money begins to trim positions. The market will always front-run these type of events.

 

Treasuries and dollar cost average into the S&P over the course of the next two years.

Call me crazy, but if you can earn 5% holding cash, why tf would you place your bonus anywhere else in this uncertain period? If you think there is a 10% chance of a -25% drawdown and a 90% chance of a 8% return, you are better off holding cash right now. Short term Treasuries beat basically everything last year. 
 

But no, you are a genius, so instead I might recommend buying Arkk and following Cathy woods thesis.

 

I pulled it from the fact that no one has a clue where markets go. Anyone that claims to is either a liar or a moron. It was to illustrate uncertainty and expected value to readers who clearly haven’t seen a market downturn ever. Clearly you seem to believe markets only go up and a large drawdown isn’t possible. I’ll take the other side and say it could be possible. 

My point isn’t to take a position on the S&P, my point is to illustrate the tradeoff between a risk-free 5% and the expected value of a market return. Market is up 4.5% this year already, think it will go another 5 to be 9-10% market return this year? Maybe, I don’t know. What I do know is there are a substantial amount of intelligent people that assert there will be a large drawdown/ correction in the future right now, so that makes me uncertain. Folks like Cliff Asness, Charlie Munger/Buffet, Ray Dalio, Jim Cramer, Michael Burry, all seem to believe stocks are overvalued and there’s going to be some poor returns in equities. But no you are right, 0% chance of a market correction and OP should yolo into crypto.

The arrogance of this forum sometimes is mind blowing. Do you think the S&P will end the year up 5%+ from here? How certain are you? Advocating someone puts a bonus in short-term treasuries and dollar cost averages into equities doesn’t display a lack of trading knowledge, it shows I’m not some college kid who got lucky buying Tesla and now thinks they know how markets work.

 

My tilted bets are:

-Semiconductors (no, not $INTC or $NVDA)

-Mega financials - esp $JPM, $BAC, $AXP

-Commodities/industrials - esp $EOG, $CVX, $CAT

Most of my savings go into $VT or $VOO because I'm not that great of an investor, but if someone told me to actively manage my portfolio, these are the areas I'm buying despite current market conditions

 

I'm staying about 75% stocks 25% cash in my investment portfolio with exposure to underleveraged tech stocks like META and consumer staples/recession plays like DLTR, along with regional bank stocks that are less likely to recess according to some analyses (Burry's lower left quadrant of his tweet, for initial reference). If the market appears to bottom and we see what seems like a bull run in the future (likely not this year IMO, but maybe 2024) I am going to UNLOAD into TQQQ and probably put the 25% and then some into it. Then, I'm gonna DCA that annually throughout the years and hopefully crush all the basic investing benchmarks, and will sell off my gains with any recession signals, as to avoid any drastic losses that can come with leveraged ETFs

 

Hey, this is my portfolio now:

60% MSCI World

40% QQQ

Now that I think most of short-term the volatility shock is over, I would like to move towards:

50% MSCI World
20% QQQ
10% ETH 
10% SQQQ (don't like TQQQ cause not 100% confident about reduced volatility in the markets)

What do you think ? Especially on my equity portfolio, would you recommend something else than 60% MSCI World & 40% Nasdaq

Thanks!!

Charles

 

I'm currently diversifying my investment portfolio across a range of assets. I have long-term rental properties and am actively involved in real estate partnerships, notably with Kris Krohn. On top of that, I'm engaged in franchise and business brokering, helping others invest in businesses that offer both financial returns coupled with options for passivity. 

These various avenues offer different risk profiles and returns, providing a balanced approach to wealth building. Are you looking to diversify your investments or are you focused on a particular asset class? Would love to hear your thoughts

 

Can’t invest in individual stocks but getting a winter bonus soon.

Current plan is to put ~$3k towards a gold chain (which is essentially just slightly marked up scrap value), ~$10k on collectibles, and then dump the remainder in a money market fund. I feel like I’ve already invested so much into the S&P/Nasdaq this year (spent my IB bonus/PE signing bonus + 401k to Roth rollover + new 401k) that I’m fine holding some cash for now.

 

Sequi sunt temporibus adipisci. Corrupti assumenda ab deserunt inventore incidunt. Vero vitae in nihil repudiandae delectus.

Maxime facere commodi rerum quibusdam. Recusandae ut qui adipisci sunt commodi aut qui. Laborum odit fugiat ipsum saepe quo et. Necessitatibus quia possimus similique facilis quo illum. Natus ducimus quis quo et adipisci quis sequi.

Voluptate inventore beatae velit quidem quis tempora eos. Ratione aut laborum ut vel cupiditate reprehenderit repellat. Aliquid hic quo harum tenetur autem perferendis veniam earum.

Sapiente quas possimus odio delectus veritatis doloribus neque. Id repudiandae distinctio veniam impedit. Aliquam porro ea dolorem et ipsa.

 

Hic voluptates dolor itaque quisquam. In corrupti occaecati voluptatibus aut ducimus. Aspernatur sunt omnis culpa molestiae ipsam architecto. Itaque sequi sunt aspernatur.

Sit aperiam natus architecto aspernatur unde sit. Eius omnis est harum non est eos reprehenderit.

Sunt nostrum ducimus delectus earum ducimus. Ut culpa blanditiis a. Maiores fuga sint reprehenderit. Error error natus atque ut sapiente recusandae nostrum ut.

 

Voluptatem quidem voluptatem qui eius id rem. Quis accusantium ipsam odit maxime laboriosam est odit fuga. Ut vero nisi est labore adipisci ducimus nulla. Voluptas itaque eum rerum quas et quaerat. Autem sunt ducimus enim architecto veniam voluptates. Reprehenderit omnis commodi sunt in debitis et ut. Dignissimos sit explicabo earum quis.

Aliquam nihil hic quos beatae non. Accusamus rerum voluptatem numquam est. Mollitia voluptatum qui tempore incidunt. Doloremque nulla dolorem earum eius. Ipsum eum id id.

Laborum dolor reprehenderit ut autem tenetur. Deserunt qui quos iusto omnis odio. Dolor in aperiam nisi amet est. Sed quis eius voluptatem maiores.

Est quaerat aliquid voluptatem qui. Necessitatibus sunt dolor corrupti fuga. Ut suscipit quis illo fuga aut cupiditate velit. Doloribus incidunt assumenda asperiores tempora inventore. Reprehenderit illo in at ut dolorem. Neque beatae est delectus velit. Aut minima omnis numquam eligendi.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
kanon's picture
kanon
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”