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> Getting a surprise $100M is different from managing your portfolio. It's really not that different. All of the advice out there concerning how to prudently m
by scott00 8y ago
> Getting a surprise $100M is different from managing your portfolio.
It's really not that different. All of the advice out there concerning how to prudently manage a portfolio of $100K applies pretty well to $100M. Going up to the $100M opens up some additional options (private equity, hedge funds, venture capital, real estate) and involves some additional taxes (estate/gift taxes), but you could do a lot worse with your $100M than sticking 60% in low cost equity index funds and 40% in low cost bond index funds and ignoring alternatives and tax optimization.
> Aggressive means easy to lose it all due to ignorance or fraud.
More aggressive than ultra-conservative does not mean aggressive in an absolute sense.