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[quote=Anonymous]Congrats OP it sounds like your financial life is in good shape. Here are a few suggestions that wish I had known when younger.

Read Warren Buffet on how non professionals should invest in stocks. He seems to be the only one without a vested interest in his viewpoint.

Understand that you can and will lose money at times and that is part of the reason equities pay more over time.

With your level of experience you should probably not be picking individual stocks. Part of the issue with doing that is that to get sufficient diversification you need to pick 15-20 stocks at least.

This is not financial advice. Just a suggestion of where to start your research.

Warren says 90% VOO and 10% bonds. Rebalance quarterly. I add a little international exposure (vymi, vxus) and a little growth (vug), and broadening out your holdings with a total stock market fund (vti). I like these funds because they give you good passive indexing without much expenses. Expenses eat your returns over time. But voo should be the bulk of your holdings if you are a passive indexing investor.

Understand that bond prices move opposite rates, long term bonds move a lot more. You can lose money in bonds too! Unfortunately you can’t make it back so quickly because your upside is limited to what you can get from falling rates and clipping coupons. Look at a chart for any intermediate term bond fund (eg vcit) to see this. In Warren’s strategy the 10% in bonds is mainly there to be dry powder in a stock market drawdown. With the current combination of high rates and high valuations (not typical) I hold more than 10% in bonds. Anything I plan to spend in the next 24-30 months is in short term bond funds (eg vcsh, vusb, …)

Good luck op.

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