~$150k ($250k total) of Cash to Invest In.
Hey all,
Been thinking of rebalancing my personal investment portfolio. Currently have ~150k+ in cash, $100k in preferreds. Choose preferreds as a go-to strategy at first because of tax advantage & ~7% annual coupon. Not sure what to invest in given equity valuations are at high, and dumping it in the S&P seems risky at this point...although should not time the market over a 30+ year horizon. I have a pretty deep understanding of securities analysis, and been doing some deep dives on companies, but not ready to pull the trigger on a 30k position in a single company (probably why Im on the sellside...BANC gave me a f'king heart attack)
Am 27 in finance, risk tolerance medium (feel free to let me know if I need to be more specific).
Not looking to blindly follow but rather cultivate some ideas, know many of you here have a much better understanding of personal finance than I do.
Thanks!!!
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