PA investments

swole15's picture
Rank: Senior Monkey | 69

Hi fellow monkeys. Since the recent pullback in the broad equity indices, I have been thinking about my investments in my personal accounts. It is tough to see my paper net worth go down as my job security goes up. For reference, I work as a research analyst on the buy side. I am wondering, for those of you working at a multi-manager HF, single manager HF, or asset manger, how do you invest? Mostly cash for the inevitable rainy days or all in on the fund you work for?

Comments (3)

Apr 2, 2020

Apologies, I meant as job security goes down.

Apr 2, 2020

4 months (gotta pump those numbers up) salary in cash and the rest invested across US equities, treasuries, gold, TIPS and trend following.

I work at a vol fund so job security is not a problem for once, I'm more paranoid I'll catch this virus everyone seems to be talking about...

On a serious note, if job security is a real issue, now is the time to take less risk and save more. Set up an emergency fund if you don't have one. Top it up if you do.

Don't let your emotions and p&l get to you and dont try to time this. I (and most honest people) have no clue if the market will be up or down 25% by July, there's too much uncertainty floating around and the range of possible outcomes isn't decreasing, no one knows.

Assuming you are invested for the long term and have enough cash to sit out a few months, there's no need to worry.

    • 1
Apr 3, 2020