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re: How much of your own capital would you feel comfortable to trade full time?

Posted on 4/10/15 at 3:39 pm to
Posted by OceanMan
Member since Mar 2010
20053 posts
Posted on 4/10/15 at 3:39 pm to
quote:

$8M today's dollars


quote:

I would compliment with asset classes other than stocks. At that amount of money, I would have real estate income holdings, a touch of private equity, & fixed income always deserves a place.


So would you say in this circumstance you are really just actively managing your retirement money/nest egg?

IOW, at that point you would be trying to increase your wealth, rather than earn a living, right?
Posted by 632627
LA
Member since Dec 2011
12828 posts
Posted on 4/11/15 at 8:07 am to
quote:



So would you say in this circumstance you are really just actively managing your retirement money/nest egg?

IOW, at that point you would be trying to increase your wealth, rather than earn a living, right?




If half that $8 mil was invested in dividend paying stocks and generating a 4% yield that would be $160k/year. I would say that's a very nice living.
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