Is this a stupid idea?
I’m 22 y/o working for MM PE firm. I have no obligations, cheap rent, no hobbies besides working out, and no student loans (but also no savings because I bankrupted myself to do the last). I hence save the vast majority of what I make. This is by no means a “flex,” I’m well aware that I have made significant sacrifices to be in the position I’m at; it’s all a zero sum game to some extent.
Should I dump literally everything I make into co-invest? Have spoken to our accounting team and they’re able to make it happen. Know this is risky and there’s a chance everything can go under, but given my limited obligations, think this is a risk worth taking. Thoughts?
If you have access look at your firms prior vintages and check out how they have performed during recessionary periods and downturns. Some anti-cyclical funds can outperform general markets.
if past = future why not go all in on TQQQ?
You’re effectively increasing your financial exposure to your firm with your job compensation + putting your net worth into this same institution. Are they giving you any extra benefits for investing in the fund?
Not saying it is a bad idea as I do not know their track record or anything about the fund, but something to be cautious about. Also, don’t underwrite COVID returns lol
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